Argentina
Buenos Aires, 5th June 2017. On May 31st Beccar Varela promoted Doctors Juan Antonio Stupenengo and Guido H. Krolovetzky to partner, in recognition both of their talent and of the great contribution they have made to the firm in the areas of administrative and customs law respectively. According to Horacio E
Argentina
June 9th, 2017. Beccar Varela advised Tarjetas del Mar S.A. on the Class II notes issuance, carried out on May 17th in two series under the company’s global program for short, medium and long-term notes for a maximum nominal value of up to US$75 million (or its equivalent in other currencies). Series I notes were issued at a nominal value of AR$137.524.742, while Series II at a nominal value of AR$172.851.843
Argentina
June 9th, 2017. Banco Santander Río S.A., acting as lender, arranger and administrative agent, and Banco de la Ciudad de Buenos Aires, acting as lender and arranger, granted a syndicated loan worth U$S11 million to Oilstone Energía S.A. In this transaction, Estudio Beccar Varela acted as counsel to the lenders. It involved the negotiation and drafting of a syndicated loan, and a security assignment of contractual rights
Sweden
Swedish law firm Delphi has been legal advisor to NIBE Industrier AB (publ) in connection with its acquisition of 65 % of the shares in the Canadian ventilation company Tempeff North America Ltd with operations in Winnipeg, Manitoba. The company will be part of the NIBE Climate Solutions business area. Tempeff is a leading manufacturer of high efficient heat recovery ventilation products that are made for commercial, institutional and industrial applications, especially in cold climates
Lithuania
The leading international research company for the financial industry, TNS Sifo Prospera, released the results of its 2017 legal market research for the Baltic region. For the second year running, the Ellex circle of firms topped the rankings, emerging as the clear market leader for sophisticated clients looking for top-level legal services
South Africa
ENSafrica, Africa’s largest law firm, has appointed senior indirect tax specialist Anne Jenkinson as an executive in its tax department in Johannesburg, South Africa. Anne has 37 years of experience and is regarded as a South African leading value-added tax (“VAT”) specialist, having provided consulting and regulatory advice to prominent clients in a range of industries, including banking and financial services, telecommunications, mining, construction and pharmaceuticals
Philippines
SyCip Salazar Hernandez & Gatmaitan, in coordination with the Subic Bay Metropolitan Authority – Labor Department and Subic Bay Workforce Development Foundation, Inc. (SBWDFI), will be holding the "Kapihan with SyCip in Subic: Updates on Labor and Immigration Law" on June 30, 2017, from 8:00 am onwards, at the Subic Bay Travelers and Events Center, Subic Bay Freeport Zone
Germany
On June 22, 2017, young entrepreneurs will have the opportunity to present their business ideas in front of a high-profile audience at the Rhineland Pitch finals. As a partner of STARTPLATZ Düsseldorf, Heuking Kühn Lüer Wojtek is sponsoring the startup event. In addition, Dr. Kirsten Thiergart, lawyer at the business law firm, will also be a member of the jury to assess the finalists
Panama
Morgan & Morgan acted as local counsel to Grupo CAABSA, in connection with the asset purchase acquisition of Soho Mall, by a consortium group comprised of Mexican companies, i.e. by Grupo CAABSA and Grupo Citelis. Grupo CAABSA is a Mexican business group, which is the operator of one of the main shopping centers in Mexico. Grupo Citelis, on the other hand, is an international theatre operator and owner of the reputable brand “Cinepolis”
Singapore
Grab, a ride-hailing company which has evolved over the last five years to a mobile payments platform with presence in 55 cities across 7 South-east Asian countries, has put in place plans to disrupt the online-to-offline (O2O) space. O2O commerce, is a business strategy that directs online customers to make a purchase at an offline business. During its 5th Anniversary event, Chief executive Anthony Tan, said “Yesterday, we disrupted transport. Today, we're starting to disrupt payments
Singapore
We are very pleased that TSMP Law Corporation has been recognised as the Transactional Boutique Law Firm of the Year Award in the 13th annual ALB SEA Law Awards 2017. This event brings together the elites from different sectors of the legal profession across the South-East Asian region and India, and we are humbled to be awarded for two consecutive years in the Boutique Firm category. Full results available here: http://www.legalbusinessonline
Singapore
The TSMP Corporate Team, led by Ms Stefanie Yuen Thio, is proud to have acted as the Singapore legal advisor to Tongfang Kontafarma Holdings Limited, a Hong Kong-listed company, in its acquisition of shares in TFKT True Holdings and True Yoga Holdings Limited for an aggregate sum of US$36.72 million. The entities operate in Singapore, Taiwan and the People’s Republic of China under the brand True Fitness and True Yoga. Read more at The Wall Street Journal: https://www.wsj
Germany
Heuking Kühn Lüer Wojtek comprehensively advised USU Software AG on the acquisition of EASYTRUST SAS, a French specialist for data center inventory management and Oracle license management, and accompanied the client throughout the transaction. EASYTRUST SAS is a highly specialized software manufacturer in automatic detection and analysis of hardware and software in complex infrastructures
England
National law firm Shoosmiths has advised NVM private equity backed Kirton group on the disposal of its specialist seating division by way of sale of the entire issued share capital of The Kirton Healthcare Group Limited to Direct Healthcare Group. Kirton Healthcare was founded in 1980 and is a market leading designer and supplier of specialist chairs for adults and children with all levels of physical ability or disability
England
National law firm Shoosmiths has advised P D Neurotechnology (PDN) on its €1.34m funding for the development of its ground breaking wearable medical technology. PDN has received funding of €1,000,000 from the founders and angel investors with a follow-on funding commitment of €340,000 from the National Bank of Greece (NBG), €1.34m in total
Texas, USA
Haynes and Boone CDG, LLP has launched a new corporate practice in London with the addition of two partners with significant experience advising companies and management teams in London and other financial centres in Europe. Tom Ferns and Nick Foss-Pedersen join Haynes and Boone CDG as London partners in the Corporate Practice Group
Michigan, USA
Dykema, a leading national law firm, announced today that seven of its Los Angeles-based attorneys have been named 2017 Rising Stars in the Southern California edition of Super Lawyers. The Rising Star list is the result of an exhaustive, multi-phase selection process that mirrors the patented methodology used to assemble the Super Lawyers list. Attorneys designated as Rising Stars are up-and-coming attorneys who are 40 years of age or younger and have practiced law for 10 years or less
Denmark
The private equity fund EQT has sold the Danish packaging manufacturer Færch Plast Group A/S to the private equity firm Advent International. Plesner assisted EQT with the transaction. Færch Plast is a leading European manufacturer of plastic packaging for the food industry. EQT acquired Færch Plast in 2014 and has now sold the business after having owned it for three years. The sale was made through a structured auction process with many interested bidders
Panama
Morgan & Morgan is pleased to announce the recent incorporation of partners Ricardo Aleman, Maria Teresa Mendoza and Albalira Montufar to the firm, with the purpose of maintaining the highest level of service in the areas of immigration and labor law of the firm. They each possess extensive experience advising domestic and multinational corporations, and a sophisticated approach to solving today´s complex regulatory challenges
Philippines
The 2017 Asian Legal Business (ALB) IP Rankings recognized SyCipLaw as a Tier 1 firm for Patents, Trademarks and Copyright in the Philippines. The full results of ALB’s IP Rankings 2017 was published in its May 2017 issue
Philippines
The March 2017 issue (Volume 14, Issue 3) of Data Protection Leader includes an article by SyCipLaw partner RoseMarie M. King-Dominguez entitled “The challenges under the new data privacy regime”. The article examines the impact of the Philippines’ new privacy framework and the challenges it poses for the jurisdiction and for those operating within it. Rose Marie M.King-Dominguez is an M&A and investments specialist, and helps lead SyCiplaw’s Telecommunications, Media and Technology group
Michigan, USA
Dykema, a leading national law firm, today announced that Jason T. Hanselman, Lansing-based member in the Firm’s Government Policy and Practice group, has been reappointed by Governor Rick Snyder to Michigan’s Unarmed Combat Commission on a term that expires June 5, 2021. Housed within the Michigan Department of Licensing and Regulatory Affairs, the 11-member commission oversees professional boxing and mixed martial arts events
Panama
Morgan & Morgan acted as counsel to DMPTY, INC., a Castillo Hermanos company, with respect to the successful closing, on June 1, 2017, of the transaction for the acquisition, from Empresa Panameña de Alimentos, S.A., of 100% of the issued and outstanding shares of Sociedad de Alimentos de Primera, S.A. (SAPRISA); owner of the Bonlac brand and line of dairy products
United States of Ame
On May 31, 2017, the West Virginia Supreme Court of Appeals issued a significant opinion regarding the clarification of rights for non-participating royalty interest owners (“NPRI”). In the opinion Gastar Exploration, Inc. v. Joyce Contraguerro, et al., Appeal No. 16-0429, the Court ruled in regard to oil and gas leases and drilling units covering the property to which the NPRI rights attach