Shoosmiths secures sweet client win with sole UK role for Krispy Kreme

Shoosmiths has secured a high-profile client win with an appointment to serve as Krispy Kreme’s sole UK legal services provider.

According to the firm, the doughnut giant chose to appoint a sole UK adviser to benefit from the added consistency and value offered by a legal ‘one-stop shop’.

Shoosmiths will now advise Krispy Kreme on all UK legal issues including real estate, employment, pensions, contracts, commercial and compliance, with the appointment not time-limited.

Real estate partner Alan Cocoran led the Shoosmiths’ team pitching for the role, alongside national real estate head Simon Boss and real estate partner Beth McArdle.

Corcoran said he believed that Shoosmiths had the edge over rivals after the firm last year advised Santander on the financing of Krispy Kreme. Shoosmiths’ also advised Krispy Kreme’s management on its £25m management buy-out by private equity house Alcuin Capital Partners in 2011, as well as the company’s UK real estate expansion in 2010.

Corcoran said: “We are absolutely delighted to be named sole legal adviser to Krispy Kreme UK, particularly as we were up against tough competition.”

Other law firms known to work with Krispy Kreme include US firm Haynes and Boone, which last year represented the business on the sale of equity interest in Krispy Kreme Mexico.

The appointment for Shoosmiths continues a run of high-profile client wins for the firm including British Gas, Volkswagen, Thomas Cook and Amazon. The firm also works with luxury chocolatier Thorntons, which it advised last year on its restructuring plans.