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”.
Legal Advice
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
03/26/2021
Third party funding in South Africa litigation
TPF is permitted under South African law due to case law precedent.
03/26/2021
Asset Tracing in Guernsey and Jersey
The Court confirmed that this conclusion was due at least in part to the importance of financial services to Guernsey and that the Island should not become a “safe haven for those wishing to evade their financial liabilities”.
03/26/2021
KWM receives Regional Law Firm of the Year and three prestigious recognitions at IFLR Asia Awards 2021
The awards drew on the editorial team’s research of the market and recognises law firms, individuals and in-house teams in the Asia-Pacific region
03/26/2021
Charity Commission launches a campaign to refresh trustee knowledge of charity governance
The videos and the guides aim to fulfil the Commission’s aim of making guidance and information more accessible to trustees.
03/26/2021
BTI Consulting Group Recognizes Eversheds Sutherland for Superior Client Service
This year’s analysis is a result of 350 independent, candid, one-on-one interviews with corporate counsel; firms cannot lobby or self-nominate to be added to the list. Of the 282 law firms recognized in The BTI Client Service A-Team 2021, Eversheds
03/25/2021
Appleby Acted as Bermuda Counsel to the Seller of Northstar Group and its Wholly- Owned Providence Life Assurance Company
The seller is remaining involved in the business to assist with transition of client and regulator relationships.
03/25/2021
Ashurst advises Negentropy Capital Partners on Italian investments
The Ashurst team led by partners Antonios Nezeritis and Isabelle Lentz advised on the Luxembourg aspects of the investments.
03/25/2021
Ashurst advises on demerger of the Wickes Group from Travis Perkins plc
Citigroup and Deutsche Bank are acting as joint financial advisors and joint sponsors to Travis Perkins and Wickes.
03/24/2021
Norton Rose Fulbright advises Investec Bank and Berenberg
The proceeds of the fundraising will be used to accelerate Ceres Power’s investment in the development and potential commercialisation of its solid-oxide electrolysis technology.