03/31/2021
Dentons advises Smartwings
A cross-border, multi-competency Dentons team advised Smartwings on all aspects of the complex out-of-court restructuring.
Legal Advice
03/31/2021
Allens advises Investec on sale of $1.1bn loan portfolio
Allens' loan portfolio specialists act on both the sell-side and buy-side of competitive auction processes, including in distressed situations, across all major sectors.
03/31/2021
Davy taps A&M for forensic investigation into operations
The news comes weeks after Davy was fined €4.1 million by Ireland’s Central Bank for a number of regulatory breaches related to a 2014 transaction.
03/31/2021
Distress in the Shipping Sectors – Why Use Cayman Islands Debt Restructuring Tools?
The tried and tested Cayman Islands debt restructuring regime can provide the solution and is a good fit for Marshall Islands companies.
03/31/2021
The Investment Limited Partnership: A New Dawn for Irish Private Funds
In an article in the latest edition of the AIMA Journal, Peter Stapleton and Aaron Mulcahy outline the benefits of the updated Irish Investment Limited Partnership and they explore how the modern and enhanced legislation strikes the right balance between
03/31/2021
Ashurst advises on £563 million acquisition of Arrow Global
The acquisition will be funded by equity to be invested by funds managed by TDR Capital LLP and it is intended the acquisition will be implemented by way of a court-sanctioned scheme of arrangement.
03/29/2021
Instagram influencer has defrauded his million followers out of $2.5 million in a Bitcoin for cash scheme – He claimed to be worth $33m but had $162 in his bank account
The 25-year-old Instagram star had induced victims to send him Bitcoin in exchange for wire transfers of cash, but he never sent the money in reality.
03/29/2021
Conyers wins Private Equity Deal of the Year at the IFLR Asia-Pacific Awards 2021
The results are based on thorough research, including direct written nominations and conversations with law firm partners, in-house teams and clients.
03/29/2021
Maples Advises Luna Systems on its Funding from Investment Consortium
Luna Systems uses computer vision and artificial intelligence to improve e-mobility safety. The funding will be used to accelerate the global roll-out of Luna Systems' technology across a range of cities, operators and vehicle types.
03/29/2021
Potentially catastrophic dissolution of BVI companies averted through restoration
Both BVI companies entered into voluntary liquidation and were dissolved after a “massive breakdown of internal communications”.
03/29/2021
The World Bank Group: enforcement trends and insight
The OSD also reviews all settlements entered into by INT to ensure that the agreements are voluntary and consistent with World Bank Group Sanctioning Guidelines; in FY 2020 it reviewed 22 settlement agreements.
03/29/2021
Freshfields represents Cazoo in $7B US De-SPAC
The Freshfields team worked closely with Cazoo General Counsel Ned Staple on this transaction.
03/29/2021
Norton Rose Fulbright advises lenders on solar portfolio financing
The Milan-based Norton Rose Fulbright team on this transaction included partners Luigi Costa and Arturo Sferruzza, and counsel Ginevra Biadico.
03/29/2021
Fear and loathing on Fleet Street – what the privacy win for Meghan Markle means for her and Harry, and for you
Depending on your perspective, this was a major victory for privacy-protecting plaintiffs.
03/27/2021
New Statements of Insolvency Practice published in Jersey
Read our summary of the new guidance
03/26/2021
London forex trading boss fined for unauthorised WhatsApp investment advice
A Bow-based investment firm was found to have been giving out unauthorised investment advice via WhatsApp.
03/26/2021
FinServices sector left reeling in wake of high-profile arrests on money laundering charges
Malta’s business community is in turmoil following recent damning developments in the investigation into the assassination of Daphne Caruana Galizia, the outgoing president of the Malta Chamber of Commerce told Business Today
03/26/2021
SEC ESG Subcommittee panel debates framework for mandatory disclosures
Before the panel convened, each SEC Commissioner highlighted concerns about the existing disclosure framework and calls to revamp the framework to address ESG matters.
03/26/2021
“Scanty in the extreme restructuring proposal” not recognized - Hong Kong Court re-casts common law recognition
This is consistent with the obiter dicta of Chief Justice Smellie of the Grand Court of the Cayman Islands in Re Sun Cheong Creative Development Holdings Limited, as to cooperation between the Grand Court and the Hong Kong Court.
03/26/2021
Strength in numbers: joint liquidator appointments in cross-border insolvency
There are certain factors to be addressed when seeking to appoint joint liquidators