Bär & Karrer Advises Ares Management

Ares Management Corporation (“Ares”), a global alternative investment manager, that invests across Credit, Private Equity and Real Estate, invested in Peach Property Group AG (“Peach”) by subscribing to approx. CHF 150 million of a mandatory convertible bond issued by Peach, a real estate company listed on SIX Swiss Exchange. With a shareholding of approx. 30 percent, …

New Promotions at PwC Legal !For several months now, many companies had to adapt to an uncertain and challenging environment.

During the summer and despite these difficult times, PwC Legal Luxembourg reinforced its practice and promoted three of our colleagues as a demonstration of its confidence in the legal market development in Luxembourg.

Redcliffe Partners is pleased to announce the promotion to partner of Svitlana Teush, who leads the firm’s Renewable Energy, Real Estate and Construction practices.

“Svitlana has been with us for four years. She, together with her team, has built the renewable energy, construction and real estate practices into one of the strongest in the market”, Managing Partner Olexiy Soshenko said. “She has been actively involved in various business development activities making Redcliffe Partners more visible on the market”. During …

Sayenko Kharenko is Ukrainian counsel to AbbVie in its USD 63 billion acquisition of Allergan

Sayenko Kharenko antitrust team has provided legal assistance to AbbVie Inc. in obtaining merger clearance with the Antimonopoly Committee of Ukraine for its acquisition of Allergan plc in a cash and stock transaction for an equity value of approximately USD 63 billion. The deal was successfully completed on 8 May 2020 following receipt of all …

Sayenko Kharenko advised clients in obtaining merger clearance for formation of a joint venture

Sayenko Kharenko acted as a local legal counsel to ADM, Bunge, Cargill, COFCO, Louis Dreyfus Company and Glencore Agriculture on obtaining clearance of the Antimonopoly Committee of Ukraine (AMC) for the joint venture developing an independent and trusted digital platform to enable post-trade efficiency for the participants of the agri-industry. Sayenko Kharenko acted as a …

Sayenko Kharenko advised on USD 329 million Eurobond tap issue by Ukraine

Sayenko Kharenko acted as Ukrainian legal counsel to J.P. Morgan, the initial purchaser and bookrunner of the USD 329 million Eurobond tap issue by Ukraine. The additional notes were consolidated with the outstanding USD 1.36 billion 7.75 per cent notes that matured on 1 September 2020.Sayenko Kharenko acted as Ukrainian legal counsel to J.P. Morgan, …

Bär & Karrer Advises the Shareholders on the Sale of a Majority Interest in Amorana.ch to Lovehoney

The shareholders of Bluebox Shop AG, operator of the online erotic store Amorana.ch, have sold a majority of their shares to Lovehoney Limited, a portfolio company of Telemos Capital.

Scale of Wirecard AG accounting scandal grows

The scale of the accounting scandal besetting Wirecard AG continues to grow. Wirecard’s running assumption is that 1.9 billion euros supposedly held in escrow accounts likely never existed. The company has experienced a dramatic drop in the value of its shares.

Wirecard AG files for insolvency – Options available to investors

The accounting scandal facing Wirecard AG has ended in insolvency for now. Those who invested in Wirecard stocks and bonds find themselves faced with the question of whether they can claim damages.

New attempt to establish Unified Patent Court

There is a desire for the process of issuing patents within the EU to be made more efficient. The idea of establishing a Unified Patent Court is seen as a positive step in this direction. The Bundesministerium der Justiz und für Verbraucherschutz (BMJV) – Germany´s Federal Ministry of Justice and Consumer Protection – has submitted …