04/15/2021
Introducing The Irish AML Regime For Crypto Providers
This update highlights the key requirements which will apply to VASPs and the new registration requirement.
Legal Advice
04/15/2021
Linklaters advises Ameriprise Financial on £615 million Acquisition of BMO’s EMEA Asset Management Business
The all-cash transaction is currently expected to close in the fourth quarter of 2021.
04/15/2021
Financial Services Industry in The Bahamas Welcomes New Act
Banks in resolution must prepare and submit periodically to the Central Bank a “recovery plan” which provides for the rapid and orderly recovery of such bank
04/15/2021
Malta involved in Italian fuel tax fraud investigation worth €1 billion
€600 million in assets seized and 23 people arrested.
04/15/2021
Ashurst advises on the €774 million cash offer for Globalworth Real Estate Investments Limited
Globalworth is managed by approximately 226 professionals across Cyprus, Guernsey, Romania and Poland and has an overall real estate portfolio valued at approximately €3.0 billion as at 31 December 2020.
04/15/2021
Cayman Islands: the new ground zero for US hedge funds engaging in share appraisal litigation
The concomitant of an increasing number of take-privates is an increasing number of dissenter disputes concerning fair value.
04/15/2021
Ashurst ranked as 'Law Firm of the Year' by Best Lawyers Australia for Insolvency and Reorganisation Law and Labour and Employment Law
This year, Best Lawyers ranked 181 individuals across the firm in Australia, with eight being recognised as 'Lawyer of the Year' in their respective categories.
04/15/2021
35 Dentons lawyers recognised in Australia by Best Lawyers
Dentons Australia Region Chair, Doug Stipanicev, said he was proud of the number of lawyers who had been recognised this year.
04/14/2021
Mourant successful in resisting an out of time appeal
Mourant Partner Christopher Edwards, Counsel Sandra Duerden and Associate Rowan Coffer worked on the defence.
04/14/2021
Royal Court confirms Guernsey Financial Services Commission period
The GFSC opposed the application on the basis that the law set an appeal period of 28 days; and there was no discretion to extend that.
04/14/2021
Collas Crill Advises Curaleaf on Acquisition of EMMAC Life Sciences Limited
The company intends to substantially increase its cultivation capacity in 2021 to facilitate anticipated growth through increased access to the use of cannabis across major European and export markets.
04/14/2021
Deborah Greaves is featured regarding trademark issues in Nike and Lil Nas X’s ‘Satan Shoes’ dispute
Courts have held that whether the use of a mark is artistically relevant is a factual issue, and moreover, that judges should not be put in the position of having to make the decision of how much artistic relevance is sufficient for free speech rights to
04/14/2021
When your friends become your executioners: Court of Appeal holds authorised execution-only firm liable for the wrongdoing of unauthorised introducer
The High Court dismissed Mr Adams’ claim – see our earlier briefing note on that judgment here.
04/14/2021
Cayman Islands: the new ground zero for US hedge funds engaging in share appraisal litigation
The rights afforded to so-called dissenting shareholders, being those shareholders who have dissented from a take-private merger or consolidation and therefore rejected the price offered to them for their shares, has in recent years been subject to consid
04/14/2021
De Gaulle Fleurance & Associés open a subsidiary in Abu Dhabi
Registered with the Abu Dhabi Global Market, De Gaulle Fleurance EMEA Ltd. provides support and advice to companies seeking to establish a presence and to carry out investment projects in the Europe/Middle-East/Africa region.
04/14/2021
Independent escrow and treasury intermediary support vital during financial restructuring
Typically, many parties, often with differing objectives and agendas, are involved.
04/14/2021
South African exchange control – relaxation of loop structures
The level of disclosure required needs to be balanced against any potential tax and estate duty savings and most importantly whether the return on the investment outperforms current returns on invested funds.
04/14/2021
US Corporate Transparency Act
The CTA does not specify how trusts and partnerships are to be treated.
04/13/2021
Dentons advises Ondura Group on the acquisition of Polish company CB S.A.
The acquisition subsequently triggered the creation of newly formed international group named Ondura Group, with a turnover of €350 million, 13 plants worldwide, and 2000 employees.
04/13/2021
Dentons advises the Islamic Development Bank on largest sustainable sukuk issuance
The transaction also represented the largest sustainable sukuk issuance globally to date.