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Press Releases worldwide

• Power of attorney can constitute a valid will

  It is possible for a power of attorney to constitute a valid will. That was the verdict of the Oberlandesgericht (OLG) Hamm, the Higher Regional Court of Hamm, in a ruling from May 11, 2017 (Az.: 10 U 64/16).
  - GRP Rainer LLP

• Highlights: WSG 2018 Asia Pacific Regional Meeting

  SyCip Salazar Hernandez & Gatmaitan hosted the  World Services Group (WSG) 2018 Asia Pacific Regional Meeting  last March 13-14, 2018. The meeting was attended by over 40 representatives from 22 member firms worldwide, including Argentina, Australia, Brazil, Cambodia, Colombia, Hong Kong, Indonesia, Italy, Japan, Jersey, Macau, Malaysia, New Zealand, Philippines, Poland, Russia, Singapore, South Korea, Sweden, Taiwan, and USA.
  - SyCip Salazar Hernandez & Gatmaitan

• Bär & Karrer Advises Constellium on the Sale of Rolling Business Assets in Sierre, Switzerland, to

  On 23 July 2018, Constellium Valais SA, a company of the Constellium group engaged in the aluminium plate and extrusions businesses for industry, aerospace and transportation applications, successfully completed the sale of its aluminium rolling business assets in Sierre, Switzerland, to Novelis Switzerland SA for EUR 200 million. The assets, consisting of real estate, machinery and equipment, were previously leased by Constellium Valais to Novelis Switzerland and both parties will continue to operate in Sierre following the transaction. Concurrently with the asset sale, Constellium Valais contributed the Sierre site's shared infrastructure to a newly established 50-50 joint venture with Novelis Switzerland.
  - Bär & Karrer

• Bär & Karrer Advises Bank Cler in Connection with the Public Tender Offer by Cantonal Bank of Basel

  On 20 June 2018, the Cantonal Bank of Basel, which already holds 77.52% of the share capital and the voting rights of Bank Cler Ltd., published the preannouncement for a public tender offer for all publicly held bearer shares of Bank Cler, which is listed on the SIX Swiss Exchange. Subsequently, Bank Cler concluded a transaction agreement with the Cantonal Bank of Basel regarding the public tender offer. The Cantonal Bank of Basel offers CHF 52 per share of Bank Cler. Taking into consideration the results of the Fairness Opinion of an independent Expert, the board of directors of Bank Cler recommends to its shareholders to accept the offer.
  - Bär & Karrer

• JunHe’s latest achievement| JunHe clinches a place in the top three “2018 Universum China Most A

  JunHe’s latest achievement clinches a place in the top three “2018 Universum China Most Attractive Legal Employer Awards”, for the third year in a row.
  - JunHe LLP

• In Memoriam: Andres G. Gatmaitan

  SyCipLaw mourns the passing of Andres G. Gatmaitan , a name partner and a former managing partner of the firm. He died at the age of 78.
  - SyCip Salazar Hernandez & Gatmaitan

• Breach of duty by management – Special audit in cases involving a GmbH

  If there is reason to suspect that management has breached its duties, the shareholders of a GmbH, a type of a German private limited company, can request that a special audit be carried out.
  - GRP Rainer LLP

• Changes in Serbian Employment Legislation 2018

  The beginning of the summer brought amendments to several employment-related laws. The most notable changes are presented below:
  - Karanovic & Nikolic

• Simon Watt ranked as international climate change expert in Chambers Global 2018

  Bell Gully partner  Simon Watt  is the only New Zealand climate change expert ranked in international climate change rankings of Chambers Global for a fourth consecutive year.
  - Bell Gully

• Busiest year for takeovers in a decade

  New Zealand listed companies attracted strong interest from buyers in 2017, producing the highest level of takeover activity seen in the past decade, according to a new update by law firm Bell Gully.
  - Bell Gully