El Salvador
The Development Banking System (SBD) was created in 2008 by Law N ° 8634, reformed in 2014 by Law N ° 9274
El Salvador
On May 12, 2021, the Congress of the Republic approved 3 amendments to Decree 65-89 regulating the Law of Free Zones in Guatemala through Decree 6-21. In accordance with this amendment, the following was modified in bold type: 1
El Salvador
Consortium Legal – Guatemala, as part of the growth and development it has in each of its areas of practice, announces the appointment of Ms. Ana Sofia Escribá Barnoya, as a partner in the Corporate Law practice area. Sofía has more than 12 years of experience in corporate law, specializing in mergers and acquisitions. She has extensive experience in negotiating contracts, shareholders’ agreements, and foreign investment
Bermuda
The awards, which are now in their tenth year, recognise achievement and contribution within the real estate funds industry. The Affiliate of the Year category is one of four awards to be presented by AREF and recognises the invaluable support affiliate member firms have provided the association. It is judged on a number of measures including significant activity in a key area, hosting of events, or consistent contribution to AREF affairs
Bermuda
For the nine months to the end of September 2021, the 91 Open Market transactions recorded in the first nine months of 2021, is just six fewer than the whole of 2020 combined, which itself was the most since 2006 when 101 Open Market properties were sold, and which also represented the most of any year since Unusualities of Guernsey started recorded statistics in 2004
California, USA
Buchalter is pleased to announce Shareholder Dylan W. Wiseman has been named among California’s 2021 Top Trade Secrets Lawyers by the Daily Journal.
For twenty-six years, Dylan W. Wiseman has practiced exclusively in the field of prosecuting and defending trade secrets, employee mobility, and unfair competition disputes, and has tried ten matters through to verdict
California, USA
October 05, 2021. Buchalter is pleased to announce that it recently provided counsel on a number of high-profile real estate transactions for client Abington Emerson Investments, LLC (“AEI”). The transactions were located throughout Southern California where Buchalter has established a significant presence in the booming real estate market.
Renee Shprecher, a Buchalter Shareholder, represented AEI in the sale of Townsgate Office Center in Westlake Village, California
Alabama, USA
Global real estate advisory firm Savills executed a long-term lease transaction on behalf of law firm Bradley Arant Boult Cummings LLP. Bradley expanded and relocated from the Renaissance Tower to a 32,928-square-foot space at Fountain Place located at 1445 Ross Avenue in Dallas, Texas. Bradley was represented in lease negotiations by Savills Corporate Managing Director Lesa Nickelson French and Managing Director Ric Kanatzar and began occupying the new location on September 20, 2021
Panama
Morgan & Morgan Legal represented Seven Seas Water (“Seven Seas”) and a group of its subsidiaries, in a US$203,000,000.00 financing with Deutsche Bank AG and Investec Bank, PLC, as lenders, which would be used to refinance a credit facility obtained by Seven Seas in June 2020, for US$163,000,000.00. Seven Seas is a portfolio of desalination and water supply projects in Latin America and the Caribbean, managed by Morgan Stanley Infrastructure Partners
England
Businesses seeking professional advice understandably expect it to be correct. When the advice given is wrong, the resulting financial fallout can be extremely serious. Most professionals carry insurance and can be held accountable in those circumstances, but the process of recovering the cost and expense of bad professional advice can be time consuming, expensive and may not always be successful
Russia
ALRUD’s lawyers successfully represented a longstanding Czech client: the glass equipment manufacturer Sklostroj Turnov CZ, s.r.o., in a dispute amounting up to 43 million euros, under a complex supply contract, in the Russian Arbitrazh Court.
Russian company ??? «OMSK-STEKLOTARA», a buyer under the contract, filed a claim for recovering the advanced payment under the contract from Sklostroj Turnov CZ, s.r.o
Russia
ALRUD Law Firm, participating as the part of the international team of lawyers and investigation experts, provided support to the Client, a global provider of engineering and construction solutions to the energy industry, in a major anticorruption investigation into its top managers of its Russian operation. This was in connection with the requirements of the US Foreign Corrupt Practices Act, which has extraterritorial effect (FCPA)
Russia
Our Client faced blockage of its app, due to the distribution of unregistered dietary supplements. ALRUD was engaged for the matter following the coming into force of the court judgment, on the blocking of the mobile app.
The matter was complicated by the fact that the Roskomnadzor continuously blocked not only the mobile app, indicated in the court judgment, but also the official website of the Client, even though no prohibited information was located on it
Alabama, USA
Bradley is pleased to announce that Charles A. “Chuck” Stewart III has been inducted as a Fellow of the American College of Trial Lawyers. The induction ceremony was held at the Annual Meeting of the College in Chicago
Russia
Over a period of several years, ALRUD has participated in an integrated project on forming a comprehensive compliance system for the largest Russian private charity foundation, from a Code of Business Conduct to instructions on working with certain documents. ALRUD participated both in compliance matrix and document structure development, and in its implementation, refining and subsequent improvements
Russia
For many years, ALRUD’s tax specialists have been advising Mastercard Europe SA and its Russian subsidiaries of the international financial corporation MasterCard on Russian tax and currency regulation
Russia
Specialists of ALRUD Tax Practice advised NHL Enterprises, Inc., which represents one of the first and most-prestigious professional hockey leagues in the world – NHL, in the course of coordinating an agreement with the Russian media giant, Yandex, to broadcast three seasons of NHL games.
The deal, closed in the fall of 2019, has become one of the most progressive and innovative in the field of sports broadcasting in Russia in recent years
Alabama, USA
Bradley partner Jason Mehta was quoted in a Health Care Compliance Association newsletter discussing false claims allegations in a recently settled matter. In the case, the U.S. attorney’s office declined to intervene in the lawsuit, and the hospital corrected the modifier problem after the whistleblower separated from the hospital, explained Mehta
Alabama, USA
Bradley partner Mike Gordon was quoted in Bloomberg Law discussing the U.S. Senate’s recent confirmation of Rohit Chopra as director of the Consumer Financial Protection Bureau. Chopra, an agency veteran and former FTC official, has a reputation as an aggressive regulator. The Senate vote on Thursday was 50-48, with every Republican opposing his confirmation.
“Rohit will hit the ground running
Scotland
Shepherd and Wedderburn is continuing its investment in Aberdeen by moving into flexible Grade A office accommodation, which offers capacity to double the firm’s headcount in the city as it anticipates sustained growth in the region. The law firm’s move to premises at 37 Albyn Place later this year comes as part of an ambitious three-year strategy to grow its business across the north east by supporting clients active in key growth sectors, such as renewable energy
Scotland
Shepherd and Wedderburn has supported Morton Club Together in its acquisition of a majority shareholding stake in Greenock Morton Football Club Limited, meaning the football club is now entirely owned by its fans. Morton Club Together is a community-owned, volunteer-run organisation that aims to ensure Greenock Morton football club is run in a sustainable way
Philippines
SyCip Salazar Hernandez & Gatmaitan (SyCipLaw) partners -- Rocky Alejandro L. Reyes and Carina C. Laforteza -- are resource speakers in four episodes of the podcast series “In the Heart of the Matter - A Podcast on Legal Developments from Around the World”, by Conventus Law. They discussed key legal developments on investing in the Philippines. The podcast episodes are available on Spotify and iTunes and can be accessed through these links: Spotify: 1
England
Leading UK law firm Shoosmiths has scooped Legal Technology Team of the Year at the Legal Business Awards at The Grosvenor, London on 30 September.Feedback from independent judges said the firm had won because of successfully “combining a number of tools into its New How initiative”.
Shoosmiths’ award submission told of responding quickly to the pandemic by adopting new ways of working and capturing the willingness of its clients to do things differently
Chile
Chilean company gets acquisition financing for Colbún assets
Davide Montagner
Chilean renewables company Alfa Desarrollo has relied on several White & Case LLP offices to raise US$1.1 billion in a debt issuance, the proceeds of which it will use to fund its purchase of assets from Colbún Transmisión.
Carey in Santiago advised Celeo Redes, the issuer’s minority shareholder and a developer of electricity transmission projects in Latin America
Chile
BCI gets green light to launch in Peru
Emily Darby
Chile’s BCI has enlisted Rebaza, Alcázar & De Las Casas in Lima to help it obtain regulatory approval for the incorporation of its Peruvian finance subsidiary, which brings the Chilean bank one step closer to launching operations in Peru next year.
Rebaza Alcázar also advised BCI in its role as shareholder of the new bank.
The other stakeholder, Chilean asset management group Empresas JY, turned to Carey in Santiago