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Legal Developments worldwide

• Bär & Karrer Advises Acushnet on the Acquisition of KJUS

  Acushnet Holdings Corp., the worldwide leader in the design, development, manufacture and distribution of golf equipment and wear, has announced the acquisition of KJUS, a Swiss-based ski and golf sportswear company.
  - BÄR & KARRER LTD.

• AVELLUM advises on Ukraine`s first in over a decade Euro-denominated notes issue

  AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine on another milestone Eurobond deal. The issue by Ukraine of EUR1 billion notes with a 7-year tenor marks the first euro-denominated offering Ukraine has made in almost 15 years.
  - Avellum

• AVELLUM advises solar power plant developer on sale of solar project

  AVELLUM acted as the legal counsel to SM Invest Construction B.V., a solar PV plants developer, on the sale of shares in the holding company, which owns the underlying assets to develop a 148MW solar power plant in Mykolaiv region. Scatec Solar, a leading and globally acting solar energy producer, acted as the purchaser.
  - Avellum

• Bär & Karrer Advised Cembra Money Bank on the Financing of the Acquisition of cashgate

  Cembra Money Bank has agreed to acquire cashgate. The purchase price for the acquisition of cashgate and the refinancing of cashgate's loan portfolio is partly backed by a bridge facility and is financed and refinanced by the sale of treasury shares (gross proceeds of CHF 112.8 million) in an accelerated bookbuilding, the placement of CHF 150 million perpetual additional Tier 1 bonds and CHF 250 million net share settled convertible bonds.
  - BÄR & KARRER LTD.

• Bär & Karrer Successfully Represents PNK Group Company in SCAI-Arbitration

  Bär & Karrer successfully represented a company acting under the trademark of PNK Group, a major developer of industrial facilities in Russia, against a Western European concrete plant engineering and manufacturing company in a SCAI-arbitration concerning the delivery of (defective) equipment. After full-fledged proceedings including a hearing with several technical experts, the client was awarded partial rescission of the contract (as requested) with returning of certain defective equipment against refund of its cost, a substantial price reduction with regard to the rest of the equipment, as well as a contractual penalty payment and reimbursement for 75% of all legal costs. Team members were Matthew Reiter and Désirée Schreyer (both arbitration).
  - BÄR & KARRER LTD.

• What extra powers does a criminal prosecution provide in your area?

  The following article discusses session three in the IR Global Virtual Series on 'Freezing Assets - The mechanics behind cross-border injunctions'
  - IR Global

• If you are a UK business can you hire a student who has Tier 4 study Visa?

  Gulbenkian Andonian employs some of the top immigration lawyers in London and can be of valuable assistance if you are a company wanting to explore your options in hiring Tier 4 student visa holders.
  - Gulbenkian Andonian Solicitors

• Paper Applications for the EU Settlement Scheme

  The UK will leave the EU later this year at the end of October and preparations have started to take place on behalf of EU and EEA citizens to secure their immigration status in the UK before this happens.
  - Gulbenkian Andonian Solicitors

• Double Tax Treaty between Cyprus and Kazakhstan

  A DTT between Cyprus and Kazakhstan has been signed and ratified by Cyprus on the 15th of May 2019. The DTT is expected to “enter into force’ as from the 1st of January 2020, provided that the various legal procedures involved are finalized. Kazakhstan currently has the largest and strongest performing economy in Central Asia.
  - Patrikios Pavlou & Associates LLC

• General requirements to advertising in Ukraine

  The main legal act regulating legal relations in the field of advertising is the Law of Ukraine  On Advertising . The implementation of the Law in practice requires a detailed analysis and practical experience. The fulfillment of the requirements of the Law and other regulatory legal acts regulating advertising relations in Ukraine is a guarantee that government agencies in Ukraine, such as the Antimonopoly Committee of Ukraine, the State Inspection of Consumer Protection of Ukraine will not be able to start an advertiser's check.
  - DLF attorneys-at-law