Romania
Nestor Nestor Diculescu Kingston Petersen (NNDKP) has assisted OTP Bank Romania and OTP Group in a EUR 57.80 million financing for Exigent Property Investment SRL to fund the development of phase 5 of Exigent Plaza Residence, the largest residential project in Bucharest, located in Militari area
Germany
SITA, the world's leading specialist in air transport communications and information technology, participated as new investor in Volocopter’s Series E Financing Round and becomes Volocopter’s preferred digital and IT systems partner for Vertiports. A team lead by Dusseldorf based Heuking Partner Dr. Martin Imhof legally advised SITA on its successful investment and the conclusion of a strategic partnership agreement with Volocopter. Volocopter is a pioneer in urban air mobility (UAM)
England
20 March 2023 – Law firm Shoosmiths has launched ESG 360, a free online compliance audit tool to enable organisations to understand their Environmental, Social and Governance (ESG) performance.ESG 360 users receive a personalised report providing red, amber or green ratings in relation to various elements of ESG compliance performance, alongside commentary and suggestions for improvement
Philippines
Norton Rose Fulbright's 2023 and tenth edition of Insurance regulation in Asia Pacific - Ten things to know about 20 countries is now available. The Philippine chapter was contributed by SyCipLaw partner Hiyasmin H. Lapitan with the assistance of partner Joan Mae S. To-Conejos and associates Roman George P. Castillo and Dece Christine C. Fulache. The guide provides an overview and practical checklist of ten common regulatory issues for insurance companies
Germany
M&A specialists Dr. Andreas Lenz (Cologne) and Dr. Rainer Herschlein (Stuttgart) headed a team that advised the shareholders of folding carton producer Buchmann Gesellschaft mit beschränkter Haftung (Buchmann) on selling the company to WEIG group. As an owner-managed firm for about 120 years, Buchmann develops and produces folding cartons with over 330 employees at its Annweiler plant. In 2022, Buchmann generated sales of around EUR 190 million
Thailand
Kudun and Partners, as the transaction counsel, represented Apollo Asia Service Limited (AAS) and Apollo Asia Real Estate II Cayman Holdings, LLC (AAR) along with the managing director of CAS Capital (Thailand) Limited (CAS) on the sales of their respective equity interests in AGRE Service Company Limited (amounting to 49% of all shares in AGRE Service) and CAS Service Limited (amounting to 49% of all shares in CAS Service) to the managing director of CAS
China
The world's leading legal directory Chambers and Partners recently published its Patent Litigation Global Practice Guides (2023). Han Kun contributed the Guides' China chapter: Patent Litigation in China 2022: Practice and Prospects, co-authored by Yan Wang, Jian Zhang and Haiping Liu
China
On March 14, 2023, China Business Law Journal ("CBLJ") unveiled its 2023 list of Rising Stars in China's legal sector ("Rising Stars 2023"). The list presents 100 young, elite lawyers, comprising 80 practitioners of Chinese law and 20 international lawyers committed to China-related business, to recognize China's up-and-coming legal achievers who have demonstrated exceptional dedication and professionalism in their practice areas and who continue to deepen and expand their practices
China
Mr. Song specializes in venture capital and private equity financing, mergers and acquisitions, fund formation, and overseas listings. He has represented a large number of venture capital funds, private equity funds and entrepreneurs in their investment and financing projects, has participated in numerous complex equity and asset acquisition and merger deals, and has been significantly involved in the formation of, and fundraising for, numerous onshore and offshore private equity funds
Alabama, USA
Bradley is pleased to announce that Charles “Chuck” Stewart, a partner in the firm’s Montgomery office, has been named president-elect of the Alabama Chapter of the American Board of Trial Advocates (ABOTA). Mr. Stewart will serve in that role until November 2023 when he will become president of ABOTA’s Alabama Chapter for a one-year term during 2024
Alabama, USA
Anne Yuengert was quoted in an article regarding the Department of Labor’s clarification of the application of the Fair Labor Standards Act (FLSA) to nonexempt remote workers and the Family and Medical Leave Act’s (FMLA’s) hours-of-service eligibility requirement for teleworkers. An employee that works a 40-hour work week is eligible for 480 hours of FMLA; however, the amount of FMLA varies for employees who frequently work over 40 hours a week
Alabama, USA
Bradley attorney Elisha Kobre talked with Law360 about an upcoming Supreme Court ruling on the viability of False Claims Act (FCA) cases involving unclear compliance obligations. The ambiguous nature of these obligations and reaction of defense attorneys signals the likelihood of a favorable ruling.
Kobre told Law360 that FCA defense lawyers — himself included — have "absolutely" been making the ambiguity argument more frequently at the investigative stage and early in litigation
England
Shoosmiths’ energy and infrastructure team has advised Iceland Foods on a ten-year corporate power purchase agreement (PPA) with Octopus Energy’s generation arm.The signing of the PPA will see green power supplied to the frozen food retailer from the Breach solar farm in Cambridgeshire, which energy giant Octopus manages on behalf of Octopus Renewables Infrastructure Trust (ORIT).
The solar farm will provide c
China
MioTech (Yingtou Information Technology (Shanghai) Co., Ltd.) has successfully listed its "MioTech ESG Ratings" data product on the Shanghai Data Exchange. The product, powered by full-coverage datasets that enable overall and cross-sector market analytics, effectively addresses major challenges faced by traditional financial institutions in their evaluation of corporate sustainability
Argentina
Buenos Aires, 13 March 2023. On March 3rd, Vista Energy Argentina S.A.U. issued the simple and non-convertible into shares notes, Class XVIII and Class XIX Notes, both denominated in U.S. dollars, integrated and payable in Argentine pesos (the “Notes”). Class XVIII was issued for US$118,542,307 and Class XIX for US$16,457,693, totaling US$135,000,000. The Notes were issued under the company’s Global Program of up to US$800,000,000 (or its equivalent in other currencies or units)
West Virginia, USA
Broader Implications for Intercollegiate Athletic Conferences
Morgantown, W.Va. — Spilman Thomas & Battle (Spilman) announced that client Mountain East Conference (MEC) recently received a favorable ruling in the Northern District of West Virginia in an important and groundbreaking lawsuit involving the withdrawal of a former member university from the conference.
Per the Court’s ruling, the former member is required to pay the conference exit fee in full
Philippines
In the recent Hirati: Ateneo Law School Career Fair, SyCipLaw partner John Regalado gave students a sneak peek of what's in store for summer apprentices in one of the Philippines' leading and largest law firms. He explained more about SyCipLaw's summer internship program, which includes involving the summer apprentices in active matters, department and practice group meetings and training sessions
Philippines
SyCipLaw has been shortlisted for 16 awards at this year's The Legal 500 Southeast Asia Awards: Regional Managing Partner of the Year - Hector M. de Leon, Jr. Marketing Team of the Year National Philippine Law Firm of the Year Practice Areas and Individuals Law Firm of the Year - Banking and Finance Law Firm of the Year - Corporate and M&A Law Firm of the Year - Construction and real estate Lawyer of the Year - John Paul V
Nicaragua
On Monday, March 6, 2023, the Ministerial Agreement Number Twenty-seven scripts two thousand twenty-three OSFL script (27-2023-OSFL) of the Ministry of the Interior of Nicaragua was published in La Gaceta Diario Oficial Number Forty-one (41), canceling eighteen (18) non-profit organizations. Among the agencies whose legal personality was cancelled is the Chamber of Commerce and Services of Nicaragua (CCSN)
Cambodia
The DFDL team is pleased to report that Nishant Choudhary (Partner, Myanmar Managing Director, Head of Regional Dispute Resolution Practice) was one of the featured authors in the 2023 Asia Pacific Insurance Regulation Guide published by Norton Rose Fulbright, the global law and risk advisory firm
China
Han Kun has provided legal services to the sponsor in connection with the initial public offering and listing of MLOPTIC Corp. ("MLOPTIC", Stock Code: 688502) on the STAR Market of the Shanghai Stock Exchange. MLOPTIC offers highly specialized expertise in optical, mechanical, electrical, software, and systems integration, and is committed to the R&D, design, and manufacturing of precision optical components and systems
England
2022 proved to be a turbulent year for the UK real estate industry. It ushered in a period of high inflation and interest rates - making funding and building developments challenging.The long-term impact of the Covid-19 pandemic also posed further operational and financial difficulties for the residential and commercial property sectors
China
On March 7, 2023, renowned legal directory LEGALBAND announced its "2023 Client Choice: Top 15 Labor & Employment Lawyers". The ranking spotlights 15 highly recommended labor and employment lawyers in mainland China. Han Kun partner Xiu Pei was named to the list. Reasons for selection: "Ms. Pei has a thorough understanding of PRC labor law and is agile with the core issues behind each case so as to address her clients' underlying concerns. Ms
China
On March 7, 2023, renowned legal directory LEGALBAND announced its "2023 Client Choice: Top 15 Female Lawyers". The ranking celebrates 15 highly recommended female lawyers in mainland China. Han Kun partner Ying Yang was named to the list. Reasons for selection: Ms
