05/19/2023
Changes to Economic Substance Filing for Entities Carrying on Holding Business
As a result of recent changes to the Economic Substance Guidance Notes, the questions in the economic substance portal have expanded for these entities.
Legal Advice
05/19/2023
Herbert Smith Freehills advises InfraRed Capital Partners on PPP sale
The Herbert Smith Freehills team was led by mergers and acquisitions partner Neena Aynsley and solicitor Alex Hodsman.
05/19/2023
Herbert Smith Freehills advises Light & Wonder, Inc. on its secondary listing on the ASX
The purpose of the secondary listing is to access investors complementary to Light & Wonder’s existing shareholder base through ASX, a premium market with a long track record as a platform for global gaming companies.
05/19/2023
Walkers advises Allied Risk Group and its shareholders on sale of Allied Risk Management to Arthur J. Gallagher & Co
Arthur J. Gallagher & Co. is a global insurance brokerage, risk management and consulting services firm providing services in approximately 130 countries around the world.
05/19/2023
Dentons advised Australian Silicon Valley
The Dentons team was led by Partner, Caroline Snow and assisted by Senior Associate, Kyla Brose.
05/19/2023
Herbert Smith Freehills Advises on Admiral Acquisition's IPO and London Stock Exchange Standard Listing
Greenberg Traurig acted as Admiral's English/US legal counsel.
05/19/2023
Slaughter and May Advises Tata Steel
The Scheme has now insured all its liabilities with Legal & General and becomes the largest scheme in the UK to have secured full insurance.
05/19/2023
Daily Journal Names Kenneth Steinthal and Arwen Johnson to its 2023 Top IP Attorneys in California List
This is the seventh year he has been named to the list.
05/18/2023
Walkers advises on legal framework for CreativesDAO
The CreativesDAO is the first among all Grassroots DAOs built on the NEAR ecosystem to achieve this feat.
05/18/2023
Dentons’ multi-practice team in Utah represents Alphatec Holdings on $55 million deal
The purchase price was $55 million and, in addition, Alphatec Holdings completed a direct registered offering, pursuant to which it sold $60 million of shares of its common stock.
05/18/2023
Herbert Smith Freehills advises Constantinople
Constantinople is an Australian technology company that is developing a “bank in a box” solution that provides all the operational software needed to run a bank.
05/18/2023
Allen & Overy advises Campari Group on a EUR300 million bond
The bond has a fixed annual coupon equal to 4.71% and the notes were admitted to listing on the ExtraMOT professional segment, a multilateral trading facility organised and managed by Borsa Italiana S.p.A..
05/17/2023
Conyers Advises Valaris Limited on its US$700-million Secured Notes and US$375-million Revolving Credit Facility
Valaris Limited is a Bermuda-exempted company listed on the New York Stock Exchange and an industry leader in offshore drilling services.
05/17/2023
Herbert Smith Freehills Advises Independent Board Committee on Energy Resources of Australia Ltd's A$369 Million Entitlement Offer
The proceeds will be used to fund ERA’s planned Ranger Project Area rehabilitation expenditure and repay the Rio Tinto Credit Facility.
05/17/2023
Withers represented Incubate Fund in the launch of US$200 million corporate VC Fund in Singapore
The corporate venture capital fund aims to invest in high potential Asian startups.
05/17/2023
Hogan Lovells advises Unica on its syndicated refinancing
Unica is one of the largest technical service providers in the Netherlands.
05/17/2023
Hogan Lovells advises Helion in world's first fusion energy purchase with Microsoft
The plant is expected to be online by 2028 and will target power generation of 50 MW or greater after a 1-year ramp up period.
05/17/2023
Hong Kong court rules cryptocurrency is a form of property for first time
Customers were required to open and register an account with Gatecoin and deposit cryptocurrency or fiat currency to be able to make transactions and withdrawals.
05/16/2023
Guernsey AML
Guernsey has a democratic assembly known as the States of Guernsey; Alderney and Sark have their own parliaments. Guernsey is legislatively independent from the United Kingdom with full capacity to legislate for its internal affairs.
05/16/2023
MEPs urge further work on EU-US Privacy Shield 2.0
In December 2022, the European Commission published a draft ‘adequacy’ decision endorsing the framework – formally known as the EU-U.S. Data Privacy Framework.