Bulgaria
BOYANOV & Co. advised Eurobank (Bulgaria) – the fourth-largest banking institution in the country based on assets, on the acquisition of BNP Paribas Personal Finance – Bulgarian branch, the Bulgarian business establishment of the French BNP Paribas Group. BOYANOV & Co
USA
Possehl Group, the German industrial and technological giant, becomes a strategic partner of Mono, the largest IT company in Osijek, through the investment of Possehl Digital in a minority share in Mono.
Hermann Schäfer, Managing Director at Possehl Digital, expressed his profound enthusiasm about the respective strategic alliance stating: “… Together we want to take the digital transformation of medium-sized industrial companies in Germany and Europe to the next level
California, USA
4 Issues Potentially Holding Up The DOL's Overtime Rule
May 31, 2023
Law360 Employment Authority
By: Max Kutner
The U.S. Department of Labor missed its self-imposed deadline Wednesday to propose a rule updating the salary threshold for overtime, but attorneys said litigation and nominations could cause further delay.
"Their statutory framework of what they're looking to do, it's more than just the amount," Buchalter's Lively said. "It's the entire gamut. ..
Alabama, USA
Bradley attorney Robert Maddox was quoted in American Banker on the Consumer Financial Protection Bureau’s (CFPB) decrease in enforcement actions and lagging employee morale under the leadership of CFPB Director Rohit Chopra.
The CFPB opened 25 new enforcement investigations in fiscal year 2022, compared with 64 in fiscal year 2021, explained Maddox. Under the Biden administration, many issues do not escalate into an enforcement issue or are not disclosed
Bermuda
The selling shareholders, which included BC Partners, GIC, OTPP Environmental Services Trust, and Poole Private Capital, LLC, collectively agreed to sell 18,176,073 subordinate voting shares at the public offering price of US$36.20 per share in a fully underwritten secondary transaction. Goldman Sachs acted as the underwriters for the offering.Carey Olsen acted for BC Partners and GIC alongside onshore counsel Simpson Thacher & Bartlett LLP
Argentina
Buenos Aires, June 5th, 2023. On May 29th, Vista Energy Argentina S.A.U. successfully issued Additional Class XVI Notes —simple, non-convertible into shares, denominated in U.S. Dollars and payable in Pesos—, for a total nominal amount of US$40,785,237, which were paid for thorough the tender of Vista’s Class VII Notes (issued on March 10th, 2021). The issuance was carried out under the company’s Global Program of up to US$800,000,000
El Salvador
Consortium Legal, one of the leading legal firms in Central America, announces the evolution of its brand as part of its commitment to continuous improvement and to stay ahead in the market. With the largest legal team in the region, Consortium has always been committed to excellence and innovation to provide the best service to all its clients
England
One of the leading residential conveyancing practices in England and Wales has today (Monday 5 June 2023) revealed a new identity and vision for the future.Shoosmiths’ 110-strong national conveyancing team will now operate as Swiitch, in a move which its head partner, Suman Dally, describes as “doubling down on the human, personal aspect of conveyancing, but with the technology and expertise to help home buyers and sellers navigate even the most complex residential transactions
England
Law firm Shoosmiths has unveiled a new branding approach that supports its strategy to deepen client relationships through excellence, consistency and focus.Identifying that it needs different brands to attract and retain the different types of clients it serves, Shoosmiths has introduced a ‘house of brands’ strategy. This involves refreshing the Shoosmiths brand and introducing two new brands
China
Benchmark Litigation, an internationally renowned legal rankings organization, recently released its China Regional Rankings 2023, which identify leading dispute resolution law firms and lawyers. This year, Han Kun was recognized for its commercial disputes, international arbitration, and intellectual property practices across Beijing, Shanghai, and Guangdong. Seven Han Kun partners were honored in the China regional rankings
Chile
Several LatAm firms ink US$1.5 billion cross-border insurance buy
Lily Squires
05 June 2023
Hogan Lovells LLP has acted as lead counsel for insurance group HDI International in its acquisition of the Latin American business of Liberty Mutual Insurance for nearly US$1.5 billion, a deal that includes assets in Brazil, Chile, Colombia and Ecuador
Chile
Carey and DLA Piper guide LarraínVial pharma buy
Lily Squires
02 June 2023
Carey has helped Chilean investor LarraínVial buy local pharmacy chain Farmacias Ahumada from Wallgreens Boots Alliance, a US-UK holding company that invests in the pharmaceutical sector.
The seller and target relied on DLA Piper (Chile).
The deal was signed on 16 May for an undisclosed amount
Alabama, USA
Bradley attorney Elisha Kobre talked with Law360 about the False Claims Act (FCA) scienter requirement and what qualifies as a “substantial and unjustifiable risk.”
Scienter is action taken by defendants that implies knowledge of their wrongdoing
California, USA
June 1, 2023 Buchalter is pleased to announce that the following attorneys have been recognized by Chambers and Partners as “Leaders in Their Field”: California Commercial Finance: Robert Davidson William Schoenholz Robert Willner California Energy: State Regulatory & Litigation Nora Sheriff California Health Care: Carol Lucas Colorado Corporate/M&A: Betty Arkell Oregon Immigration: Andrea Bartoloni Oregon Labor & Employment: View More
California, USA
June 1, 2023. After the opening of its Denver office last year, Buchalter continues its expansion in Colorado with the addition of new Shareholder Jon Olafson. Olafson will Chair the Firm’s new Organizational Inclusion, Diversity, and Belonging Group and is a member of the Labor & Employment Practice Group
California, USA
Buchalter is pleased to announce that 23 attorneys from the firm’s Sacramento office have been named 2023 Top Lawyers by Sacramento Magazine.
Their exceptional expertise and remarkable accomplishments in their respective legal fields have earned them immense recognition and respect from their peers.
Buchalter’s 2023 Top Lawyers include:
James Drew Caprile - Health Care
Harry W.R. Chamberlain – Appellate
Philip Chan - Employment & Labor
Steven Churchwell - Government Contracts
Kevin T
Germany
Mark Rossbroich (32) will join Heuking’s Cologne office as Salaried Partner and reinforce the Corporate and Private Equity practice effective June 12, 2023. Mark Rossbroich is dual-qualified as a lawyer in Germany and as Solicitor (England & Wales). He comprehensively advises financial and strategic investors and businesses in national and cross-border (private & public) M&A/PE transactions as well as startups and their investors through all growth phases (VC)
Germany
A team led by Ariane Neubauer, Partner at Heuking Kühn Lüer Wojtek’s Berlin office, advised female health startup DR. VIVIEN KARL on its pre-seed financing round. DR. VIVIEN KARL attracted Dieter von Holtzbrinck Ventures as lead investor. In addition, the company gained the support of Tina Müller, former CEO of Douglas, who will now also become a member of DR
Malta
Partner Dr Nicholas Valenzia and Associates Dr Aleandro Mifsud and Dr Alexia Pollacco attended the Malta Shipping Symposium which took place on the 30th of May 2023 at the Malta Chamber of Commerce. The event was organized by Transport Malta, the Ministry for Transport, Infrastructure and Capital Projects, the Malta Maritime Law Association and the Malta International Shipowners Association
Malta
Partner Dr Nicholas Valenzia and Senior Associate Dr Joshua Chircop attended this year’s European Business Aviation Conference Exhibition held between the 23rd and 25th May in Geneva, Switzerland. EBACE is a premier event and the annual meeting place for the European business aviation community
West Virginia, USA
Charleston, W.Va. — Spilman Thomas & Battle (Spilman) announced that several of the firm’s practice groups and attorneys were recognized in the 2023 edition of Chambers USA, a directory of leading law firms and attorneys.
Chambers and Partners annually researches the strength and reputation of law firms and individual lawyers across the globe
Bermuda
INSOL is a world-wide federation of national associations of accountants and lawyers who specialise in turnaround and insolvency. The Federation organises a number of conferences across the globe and is hosting INSOL Bermuda on 1 June 2023 at the Hamilton Princess Hotel, in association with RISA Bermuda, an INSOL member association
Bermuda
Sarnia Yachts services include yacht ownership and management, as well as crew employment, management and payroll. The firm has advised yacht owners, trustees, family offices, yacht brokers and lawyers on specialist yacht related matters for more than 50 years. Praxis is an independent provider of private wealth and corporate administration services to companies, individuals and families across the globe
Bermuda
SmarterMicro, the PRC entity of radio frequency front-end chip manufacturer Smarter Microelectronics, was listed on the STAR Market on 16 May 2023 following its IPO that raised RMB ¥1.504 billion gross. The funds are intended to support SmarterMicro's plans to build a chip testing centre, its global headquarters and a research and development centre
Alabama, USA
Bradley is pleased to announce the addition of highly regarded construction partners John I. Spangler III and Deborah Cazan to the firm’s newly launched Atlanta office.
“John and Debbie are the perfect complement to our accomplished roster of Atlanta attorneys. Coming from an award-winning construction practice at their previous firm, they bring outstanding reputations and significant experience handling complex construction claims across the U.S