Poland
The Polish government has announced that in place of WIBOR (the Warsaw Interbank Offered Rate) it will introduce a new benchmark index, promising lower values than WIBOR, which will reduce the loan repayment burden on borrowers. This new index, which will shortly be used also for calculating instalments on PLN loans taken out by businesses, will be described by Konrad Werner ...
China
On November 24, 2022, LEGALBAND, a well-known legal directory, published its "2022 Client Choice: Top 15 Rising Partners". The ranking celebrates 15 highly recommended "rising partners" in mainland China. Han Kun partner Vincent Song was named to the list. Reasons for selection: Mr. Song has years of extensive experience in private equity and venture capital, capital markets, mergers and acquisitions, and investment fund formation and operation ...
China
On November 23, 2022, The Legal 500, the world's renowned legal directory, released its 2023 rankings of PRC law firms. The rankings honor Han Kun by highly recommending 71 of the firm's lawyers (with 98 honors in total) and 18 practice areas, including seven areas recognized as "Tier 1", the highest designation ...
Philippines
SyCip Salazar Hernandez & Gatmaitan (SyCipLaw) Partners Jose Florante M. Pamfilo and Bhong Paulo A. Macasaet authored the Philippine chapter of the ASEAN Sustainable Development Goals (SDG) Bond Toolkit, a primer for the issuance of SDG bonds in the ASEAN, launched during the 37th ASEAN Capital Markets Forum (ACMF) Chairs' Meeting and the ACMF International Conference in Phnom Penh, Cambodia, in October ...
Bermuda
The awards, which are in their third year, recognise 100 of the most highly regarded law firms in Singapore. The findings are based on more than 12,000 lawyer, colleague and client recommendations across 18 fields of law. These range from inheritance & succession to commercial and employment law. The Singapore Corporate Counsel Association also invited its members to take part in the survey ...
Romania
Nestor Nestor Diculescu Kingston Petersen (NNDKP) successfully represented ENEL (E-Distributie Banat) in a complex tax dispute relating to the possibility of the taxpayer deducting the value of tax depreciation for tangible assets (electricity grid connectors) acquired from the company’s clients through transfer, for the calculation of corporate income tax ...
USA
With reference to our announcement in September, we are proud to announce that after obtaining all regulatory approvals, Entain Plc., a global sports-betting, gaming and interactive entertainment group, completed the takeover of SuperSport Group, the leading Croatian gaming and sportsbook operator with a 54% market share ...
Argentina
Buenos Aires, November 23rd, 2022. On November 10th, Vista Energy Argentina S.A.U. (“Vista”) successfully closed the swap of Series III Notes (issued on February 21st, 2020), through the issuance of Series XIV Notes — simple, non-convertible into shares, denominated and payable in U.S. Dollars—, for a total nominal amount of US$40,510,815. The issuance was carried out under the company’s Global Program of up to US$800,000,000 ...
Germany
Regina Glaser, Partner at business law firm Heuking Kühn Lüer Wojtek’s Düsseldorf office, was elected to the five-member Europe Regional Council of World Services Group (WSG) at the end of October. The body is tasked with representing European interests within the non-exclusive international network and with bundling activities. Other members of the body are representatives from France, Italy, the Netherlands, and Poland ...
Germany
A team led by Dr. Andreas Urban and Dr. Michael Sörgel, LL.M., both Partners at Heuking Kühn Lüer Wojtek, legally advised impuls GmbH on the sale of ImPuls AG. Founded in 1975, Krefeld-based ImPuls AG is a provider of Enterprise Resource Planning (ERP) solutions for brand manufacturers and manufacturers of apparel, shoes, accessories, and textiles. ImPuls AG was acquired by Aptean, a global provider of mission-critical enterprise software solutions ...
Germany
Heuking advises on contract award for construction of second LNG terminal in Lower Saxony Construction of the second LNG import terminal in Stade (Lower Saxony/Germany) began on October 12, 2022. Led by Ulf Christiani, the Cologne-based Heuking team advised the client, the port company of the state of Lower Saxony (NPorts), on awarding the construction services in an accelerated award procedure ...
Germany
A team led by Dr. Thorsten Kuthe, Partner at Heuking Kühn Lüer Wojtek’s Cologne office, advised Viromed Medical AG in connection with its listing on Düsseldorf Stock Exchange. By way of a capital increase through contributions in kind, Viromed Medical AG, formerly Fonterelli SPAC2 AG, acquired 100 % of Viromed Medical GmbH, which operates in the distribution of products in diagnostics, therapeutics, and cold plasma technology ...
Germany
A team led by Ariane Neubauer, Partner at Heuking Kühn Lüer Wojtek’s Berlin office, comprehensively advised apheris AI GmbH (Apheris) on closing its EUR 8.7 million seed extension round led by Octopus Ventures. New investors also include European HealthTech investment specialists Heal Capital, Berthold von Freyberg (Target Partners co-founder), and Mirko Novakovic (Instana founder). Additional funding was also provided by existing investors LocalGlobe, Dig Ventures, another ...
Germany
Dr. Philip Kempermann LL.M., Managing Partner at Heuking, has won the “Lexology Client Choice Award 2022” in the “Data Privacy & Protection” category by UK online service International Law Office (ILO). For more than ten years, Philip Kempermann has been advising companies on implementing complex IT and data protection projects, in particular on introducing IT systems, the group-wide use and processing of (personal) data, and on introducing digital products ...
Germany
A team led by Dr. Thorsten Kuthe advised Cantourage Group SE (“Cantourage”) on its listing in Frankfurt Stock Exchange’s Scale Segment where the company’s entire share capital is traded. The free float of 15% corresponds to two million shares. Cantourage’s shares have been listed since November 11. Hauck Aufhäuser Investment Banking acted as the company’s exclusive financial advisor and listing agent ...
Alabama, USA
Bradley is pleased to announce that Birmingham partner David Pugh was elected as 2023 Secretary on the Associated Builders and Contractors (ABC) Executive Committee at ABC’s annual Leadership Institute in San Diego, California. Mr. Pugh’s term as Secretary will run concurrently with his remaining year as Southeast Region Vice Chair. The results of ABC’s national election are announced in ABC’s press release ...
Nigeria
AELEX took home the coveted Law Firm of the Year – Nigeria award at the 2022 edition of the annual Who’s Who Legal (WWL) Awards. This was the seventh time AELEX has been recognized as Nigeria Law Firm of the Year by WWL. The firm also received the award in 2009, the first year the award was presented, 2011, 2015, 2016, 2017 and 2019. The winners were announced at a black-tie awards ceremony at Plaisterers’ Hall in London ...
Argentina
Buenos Aires, November 22nd, 2022. Beccar Varela presents its most recent sustainability report, titled “Experience and Innovation for a Sustainable Future”, which describes the firm’s work throughout the 2020-21 period. Various teams participated in drafting the report under the Global Reporting Initiative (GRI) standards ...
Philippines
Asia Business Law Journal (ABLJ) has released its list of top 100 Philippine lawyers in private practice. The list includes six partners and two of counsel from SyCipLaw. Hector M. de Leon, Jr., Managing Partner Corporate/M&A, Projects, Infrastructure and Energy, Finance, Tax Rocky Alejandro L. Reyes, Partner and Head of Special Projects Corporate/M&A, Finance, Projects, Infrastructure and Energy Rose Marie M ...
Chile
Colbún and Codelco renegotiate PPA in Chile Elliott Hodgkin 22 November 2022 Barros & Errázuriz Abogados has helped Chilean power company Colbún renegotiate its power purchase agreement (PPA) with state-owned copper miner Codelco. Codelco turned to Carey for the deal, which was signed on 27 October for an undisclosed amount. Colbún has agreed to gradually phase out the coal-based energy it provides to Codelco by the end of 2025 and replace it with emissions-free power ...
Oregon, USA
Force majeure clauses are routinely written into contracts to limit both parties’ liabilities in the case of unforeseen events, such as hurricanes or terrorist attacks. These "act of God" clauses were generally boilerplate language to which no one really paid much attention ...
India
NEW DELHI / CHENNAI - November 21, 2022: Continuing its expansion in South India, Kochhar & Co. (The Firm) has recently announced the joining of two more Partners in their Chennai office to boost their Corporate and Disputes practice ...
Iceland
We at LEX are proud to be among the 2% of Icelandic companies that are recognized as Strongest in Iceland in 2022 and meet strict conditions of CreditInfo’s analysis of Outstanding Companies ...
Iceland
We at LEX are proud to be among the 2% of Icelandic companies that are recognized as Strongest in Iceland in 2022 and meet strict conditions of CreditInfo’s analysis of Outstanding Companies ...
Bermuda
Fund XI attracted investors from across the globe, with investors from every continent including 34% from North America, 31% Europe, 23% from Asia and 10% from the Middle East. The investor base comprises a well-diversified mix of institutional investors: public and private pension funds; sovereign wealth funds; fund of funds; endowments and family offices and financial institutions ...
