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Landmark transactions par for the course

Landmark transactions par for the course

Tuesday 21 October 2014

Landmark transactions par for the course

Tuesday 21 October 2014

Ogier recently advised English entrepreneur and businessman Richard Caring on his £135 million sale of the world famous Wentworth Club to China-based Reignwood Group.

Wentworth Club provides the headquarters for golf's PGA European Tour and hosts the annual BMW PGA Championship, making it one of the most desirable golfing locations in the world. It also played host to the 1953 Ryder Cup and, until 2007, the annual HSBC World Match Play Championship.

Mr Caring, the owner of a range of prestigious clubs and restaurants across London which includes The Ivy, Scott's and Annabel's, purchased the celebrated venue in 2004 prior to a renovation of its famous West Course.

Advising on the Jersey aspects of the transaction, the Ogier legal team consisted of partner Michael Lombardi, managing associate Richard Daggett and associate Alan Stirling, who worked alongside English advisers Olswang.

Mr Daggett said: "We are delighted to have been able to assist Mr Caring with the sale of Wentworth Club. Ogier has a long and successful record of providing advice on high profile transactions of this kind and our experienced and knowledgeable team make us well placed to provide the very best service to our clients."

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