Press releases and law firm thought leadership
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DORDA BRUGGER JORDIS is delighted to announce that it has been named 'Austrian Law Firm of the Year' by International Financial Law Review (IFLR). The firm received this prestigious award at the IFLR Europe Awards in London on March 18, 2009.
Associate University Professor Alexander Schopper has been appointed Of Counsel at DORDA BRUGGER JORDIS, a leading business law firm in Austria. Since May 2009, he strengthens the firm's corporate finance and restructuring team headed by Andreas Zahradnik.
Foyen Advokatfirma has secured a major boost of its presence in Gothenburg, in order to provide its clients with even more competitive commercial law advice.
Carey Olsen in Guernsey and Linklaters LLP in London have successfully completed a scheme of arrangement under the Companies (Guernsey) Law, 2008 (as amended) (the ‘Law’) in respect of European Capital Limited (‘ECAS’) a Guernsey incorporated authorised closed-ended investment company.
Carey Olsen has been placed in the top ten law firms in the latest Hemscott rankings for law firms advising AIM stock market clients. The firm, with offices in Guernsey, Jersey and London, is ranked ninth overall with 37 listed clients.
Tax executives from multinational companies, tax officials and advisors voted in the second International Tax Review online poll for their top 3 tax transactional firms in 47 jurisdictions. In 31 countries, that's nearly three quarters of the territories covered, Taxand members were nominated as either number 1 or number 2 local advisors.
B&K has signed 4 May 2009 a pro bono agreement with Icehearts, an athletic club formed to prevent youth alienation. This co-operation is part of B&K Corporate Social Responsibility Programme.
The Helsinki office of Borenius & Kemppinen Attorneys at law has been awarded the Green Office symbol and certificate as an indication of an environmental system that fulfils the criteria set by the WWF. With the help of Green Office, offices can reduce the burden they place on the environment and achieve savings in costs related to material and energy. Green office is a project launched by the WWF in Finland and the symbol has been awarded to 69 offices to this date.
Hong Kong, 11 June 2009 - Baker & McKenzie has acted for The Link Real Estate Investment Trust (“The Link REIT”) on two significant financing transactions, being the establishment of a US$1 billion guaranteed euro medium-term note programme and a HK$3 billion club loan facility.
The well-regarded British M&A publication, ‘ACQ Finance Magazine’ conducts an annual, independent poll to reward outstanding M&A firms. This year Gärde Wesslau has been honoured to be named ‘Most Trusted Law Firm of the Year – Nordic’ in recognition of its work on a series of high-profile international deals.
To meet our clients’ expectations as regards full-range legal assistance our law firm has decided to extend its services to include tax advisory. Since April 2009 our new tax team has been headed by Bernard Łukomski (Partner), an expert in Polish tax and commercial law.
Kinstellar, the leading premium regional law firm for Emerging Europe, is proud to announce that the firm has won the 2009 “Tax Firm of the Year” award for Hungary from International Tax Review, the world’s leading expert publication on tax issues. The prize ceremony was held at the Dorchester Hotel in London on 19 May 2009 at International Tax Review’s fifth annual European Tax Award.
CHOI & KIM, established in 1997 as a maritime specialist law firm, has successfully completed a recent case involving auction proceedings of vessels worth about US$1 billion. In a case where Cyprus registered 11 trawlers owned by “B” shipping company were arrested and passed to auction proceedings in the Busan District Court, CHOI & KIM, on behalf of the shipowner, succeeded in releasing the vessel from the arrest. By successfully completing this case of the highest claim amount in the Korean legal history, CHOI & KIM also succeeded in distinguishing itself as the top-notch maritime law firm.
In May 2009 the law firm Arzinger strengthened its team having invited a new partner, for the second time in this year already. The new Arzinger’s partner is the ex-director and a head of the legal department of the Investment Bank Dragon Capital, attorney-at-law Alexander Zavadetsky
London, 4 June 2009 - Baker & McKenzie, London has advised Kuoni Group on its acquisition of about 32% of the equity in Et-china.com International Holdings Limited (Et-china).
The acquisition makes Kuoni the biggest single shareholder in this important Southern Chinese travel corporation. Et-china is one of South China's best known tour operators through its GZL subsidiary, and also provides a leading internet platform in China for individual travel arrangements. It has a customer base of about 1.5 million, and has been listed on London's AIM stock exchange since August 2007.
Hong Kong, June 4, 2009 – Baker & McKenzie will host a seminar titled “Investing in Indonesian Coal Projects – New Opportunities Under a New Mining Law”. The event takes place on June 16, 2009 at the Trident, Nariman Point, Mumbai.
Drew is only one to clinch both Commercial Litigation and International Arbitration Law Firm of the Year awards – 2-time winner
Change of holding credit institutions, investment funds, insurance and reinsurance undertakings : New notification procedure now in full force !
The Venture Capital and Private Equity will benefit from a modernized vehicle for attracting VC / PE foreign investors in Luxembourg. The following innovations are significant
In February 2009, Kluge was awarded a framework agreement as one of three suppliers of legal services to the Agency for Public Management and eGovernment (DIFI). Kluge has won two of the calls for services under the agreement. Kluge’s head of IT law, partner Torstein Arendt, has assisted DIFI with a revision of the governmental standard agreements (SSA) for IT procurement and consultancy services. The revised standards have been well received in the Norwegian IT media and among the user group. The general opinion is that they will be used frequently and set the standard for IT agreements in future IT projects.
2 June 2009 – Drew & Napier LLC (“Drew & Napier”) is advising PetroChina International (Singapore) Pte. Ltd (“PetroChina Singapore”), a subsidiary of PetroChina Company Limited (“PetroChina”), on the proposed 45.5% acquisition of Singapore Petroleum Company (“SPC”). Subject to regulatory approvals, PetroChina Singapore will purchase the stake from a Keppel Corporation subsidiary at S$6.25 per share valuing SPC at S$3.2billion in its entirety.
May 29, 2009. Sofia. PETERKA & PARTNERS is delighted to announce that it is the first foreign law firm registered in Bulgaria as a law firm under Bulgarian Bar Act.
Eurolex Bulgaria was the legal consultant of Bridgecorp Jsc on the acquisition by the client of the parent companies of LANDMARK PROPERTY MANAGEMENT S.A., one of the biggest companies on the real estate market in Bulgaria (the Buyer’s consultant was Credit Swiss Securities and CMS Cameron McKenna).
Boult Wade Tennant is pleased to announce that attorney Daryl Penny has accepted an invitation to join the partnership with effect from 1 May 2009.
Boult Wade Tennant has received the 2009 UK Trade Mark Prosecution Firm of the Year award from Managing Intellectual Property (MIP) at its fourth annual Global Awards held 31 March at the Dorchester Hotel in London.
Managing Intellectual Property (MIP) has ranked Boult Wade Tennant in the top tier for both patents and trade marks in its annual survey of leading IP firms. For the third consecutive year, it is the only firm in the top tier for both categories.
JAUSAS is a promotor member of the Indo-Spanish Chamber of Technology together with the basque telecommunications cluster Gaia and the Association of Indian software companies (ITSMA). The Project, by the name of Scutum, is a joint Indo-Spanish initiative, co-financed by the CDTI, for the development and manufacture of advanced non-toxic insecticide textiles to prevent tropical diseases resulting from mosquito bites.
The newly published Chambers Europe 2009 Guide puts JAUSAS once again among the elite of Spanish law offices. Besides the specialities in which the firm has already been recognised in recent years (Pharmaceutics and Health, Tax, Insolvency and Wealth Management), recognition is now added to the Dispute Resolution Department and to one of its specialists in M&A
The law firm JAUSAS has recently appointed Javier Ballano to become the practice´s new business manager.
In the recently published annual report from the respected news agency Mergermarket, Thommessen has done exceptionally well in the rankings of the Nordic law firms.
Thommessen ranked first in the "elite" category among Norwegian competition law practices in the GCR
The report notes the breadth of Thommessen's competition practice and compares it to the model of the large European firms in its focus.
For the second year in a row, Thommessen received the award for Norway's best IP law firm from Managing International Property.
Sydney, Australia, 22 May 2009 – Baker McKenzie took home awards for "Debt Market Deal of the Year" and "Equity Market Deal of the Year" at the 2009 Macquarie Bank Australasian Legal Business Law Awards, held in Sydney last night.
19 February 2009 – Drew & Napier LLC (“Drew & Napier”) currently acts as counsel to OSIM International Ltd ("OSIM or the Company") in respect of a proposed renounceable non-underwritten rights issue of up to 120,408,442 new ordinary shares in the capital of the company ("Rights Shares") at an issue price of S$0.55 for each Rights Share, on the basis of two Rights Shares for every nine existing shares held in the capital of the Company by entitled shareholders.
Ogier has been named “International Law Firm of the Year, 2009” at the annual Citywealth Magic Circle Awards held in London last night. The Citywealth Magic Circle Awards shine a spotlight on those individuals and organisations who have raised the bar in terms of service, innovation and client care. These coveted awards, from the publishers of Citywealth, set the benchmark for excellence in the wealth sector.
In the first proceeding since minority shareholders have standing in administrative proceedings on takeovers, Serdac, as well as Amber Master Fund (Cayman) SCP ("Amber"), opposed a ruling on a mandatory bid for all the shares of Harwanne Compagnie de participations financières et industrielles SA ("Harwanne") by MMA Vie SA ("MMA"), claiming that the bid of CHF 2.60 per share did not comply with the minimum price rules.
On 6 May 2009, AFG Arbonia-Forster-Holding AG successfully completed a CHF 113.4 million rights offering. The shares had been underwritten by a syndicate of banks, comprising Credit Suisse and UBS Investment Bank as Joint Lead Managers and Joint Bookrunners, as well as Bank Sal. Oppenheim jr. & Cie. (Schweiz) AG, Zürcher Kantonalbank and Bank Vontobel AG as Co-Lead Managers.
Effective 4 May 2009, SIX Group has completed the concentration of Swiss share trading in Zurich. Shares of Swiss blue chip companies (i.e. shares included in the Swiss Market Index and Swiss Leader Index) previously traded on SWX Europe in London, are now traded in the new Swiss Blue Chip Segment of SIX Swiss Exchange. Trading in the Swiss Blue Chip Segment is subject to transitional rules. Further harmonised and updated rules for SIX Swiss Exchange fully integrating the transitional rules for the Swiss Blue Chip Segment are expected in early 2010.
On 4 May 2009 Aquamit B.V., Amsterdam, NL, a newly formed 50:50 joint venture held by a group of managers and board members of Quadrant AG ("Quadrant's management") on the one hand and Mitsubishi Plastics Inc., Tokyo, Japan, on the other hand, has pre-announced a public tender offer for all publicly held shares in Quadrant AG. Quadrant AG is a leading global manufacturer of high-performance thermoplastic materials and is listed at SIX Swiss Exchange. The offer prospectus for the public tender offer is expected to be published on 20 May 2009.
Zurich Financial Services AG ("ZFS") closed the placement of 6'714'096 shares with institutional investors via an accelerated bookbuilding to raise CHF 1.26 billion for the purpose of acquiring, through ZFS' US subsidiary Farmers Group, Inc., American International Group, Inc.'s US Per-sonal Auto Group. The shares being placed represent 4.7 percent of ZFS' registered share capital prior to the placement. The shares were fully underwritten by a syndicate of banks, comprising of Citigroup Global Markets Limited, Credit Suisse and Deutsche Bank AG, London Branch ("Joint Bookrunners").
Aabar Investment PJSC ("Aabar"), a global investment company listed on the Abu Dhabi Securities Exchange, successfully closed the acquisition of AIG Private Bank Ltd., a globally networked Swiss private bank for high net worth individuals, from American International Group, Inc. ("AIG"). Closing occurred further to the signing of the transaction documents on 30 November 2008 and the satisfaction of a number of conditions, including approval by the competent regulatory authorities, in particular the Swiss Financial Market Supervisory Authority (FINMA).
Swiss Re issued a 12% Convertible Perpetual Capital Instrument (the "Instrument") to a subsidiary of Berkshire Hathaway Inc. in the face amount of CHF 3 billion earlier this month. The shareholders of Swiss Re had previously approved conditional capital to source the underlying Swiss Re shares for the Instrument in Swiss Re's ordinary shareholder meeting
Demonstrators represented by Bindmans have put the Metropolitan Police on formal notice of a pending legal challenge to the policing of the G20 ‘Climate Camp in the City’ protest on 1st April. A ‘pre action protocol’ letter sent to the Met’s commander, Sir Paul Stephenson challenges:
Bindmans LLP is pleased to announce that it is the first human rights firm to join the Black Lawyers Directory’s (BLD) Legal Gateway Scheme. It will be offering students from ethnic minority backgrounds work placements in its Employment and Discrimination departments. BLD was launched in 2006 to highlight, promote and champion diversity within the legal profession in England and Wales and internationally.
Eleven year old twins attending their first political event and veteran campaigner Dave Morris have won permission to challenge Kent Police’s practice of stopping and searching virtually everyone attending the Climate Camp protest near Kingsnorth power station last August. Giving permission for their judicial review to proceed to a full hearing, the Divisional Court commented: "Large demonstrations are a feature of our democracy, and the proper policing of them is itself a matter of some public importance."
On Friday, 1st May 2009 the jury hearing the Inquest touching upon the circumstances of the death of Nick Wheatley, a resident of Ryde, Isle of Wight, delivered a highly critical verdict of the care he received at HMP Camphill in 2007.
2009 Index on Censorship Freedom of Expression Award Recipients Announced
Leading public law firm Bindmans LLP is acting for EMAG, the Equitable Members Action Group, in a High Court challenge to the Treasury’s failure to pay compensation recommended by the Parliamentary Ombudsman.
Delphi has assisted Ignis ASA, listed on the Oslo Stock Exchange, in the acquisition of Syntune AB, a leading international provider of tunable laser products and technology based in Sweden. The acquisition will widen the Ignis product range to include active components, and together with the existing passive components portfolio Ignis will provide a broader optical offering to network operators following the acquisition. As part of the transaction, Syntune AB has secured an additional loan facility of EUR 2.3 million from Kreos Capital.
Chambers Europe 2009 rankings place Delphi in considerably better positions. Competition/European Law, Employment, Life Science, Private Equity and Tax are all competence areas that are ranked for the first time. Intellectual Property and Corporate/M&A have got higher ranking.