International technology, media and telecoms law firm Olswang has acted as lead legal advisor on the launch of Expectation – a new independent TV production company created by former Endemol Shine Group President Tim Hincks and ex-ITV Director of Television Peter Fincham.
Expectation launches with six departments across scripted and non-scripted programming including drama, comedy, factual entertainment, entertainment, reality and factual.
After advising on the structuring of the business, the firm went on to advise the founders of Expectation on BBC Worldwide's minority investment into the company. The company also engaged corporate financier Jonathan Norman at Stella Advisors on the investment.
Olswang Senior Partner Mark Devereux commented: "It was a privilege and a delight to work with Peter and Tim on the launch of their new production company. They are two of the most experienced and successful television executives in the business with outstanding track records and together they are going to be unstoppable. We're pleased to have supported them in the financing of the business and we look forward to working with them as the company flourishes in the years to come."
Led by Corporate Partner Nick Crosbie and Senior Partner Mark Devereux, the Olswang team comprised: Share Schemes Partner Andy Quayle, Finance Partner Ruth Marken, Employment Partner Melanie Lane, IP Partner Sarah Wright, Corporate Associate Patrick Peake, Employment Senior Associate Hannah Netherton, IP Associate Sam Omar and Trainee Susannah Parry.
The firm has an unparalleled standing in the international media industry, both for its sector knowledge and long-standing client base in the TV, film, music and advertising industries.
Olswang's Media practice is consistently ranked in the top tier of leading legal directories Chambers & Partners and The Legal 500.
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Notes to editors
Olswang LLP is an international law firm and a European and Asian leader in technology, media, telecommunications and real estate. The firm comprises of almost 700 people including 100 partners, across seven international offices. Olswang is part of a 'best friends' network of leading independent law firms throughout the world.
CMS, Nabarro and Olswang combination: CMS UK LLP, Nabarro and Olswang will combine on 1 May 2017, creating the sixth largest law firm in the UK. The new firm will have 450 partners and over 2,500 lawyers in the UK. This combination will deliver a distinctive, technology-driven offering to clients, bringing together best in class sector specialists with outstanding global reach, underpinned by a 250 year heritage in the City and Scotland.