Wirecard AG – Shareholders can register claims in insolvency proceedings
Insolvency proceedings concerning Wirecard AG were opened on August 25, 2020 (Az.: 1542 IN 1308/20). Creditors had until October 26, 2020 to register their claims with the insolvency administrator.
Świtalski family mansion and grounds in Sowiniec seized by Forteam Investments Ltd.
The Regional Court in Poznań granted the fourth successive injunction in favour of Forteam Investments Ltd., an investment company belonging to Delta Capital Partners Management – a U.S. private equity fund, in the pending dispute with Mariusz Świtalski. This time, all assets of Druga – Sowiniec Capital, including a mansion in Sowiniec, surrounding grounds and …
Anyone promoting products or services using the accolade “Testsieger” (test winner) must also provide a source reference for the test. Important information is otherwise being withheld from consumers according to the Oberlandesgericht (OLG) Köln – the Higher Regional Court of Cologne.
JPM GDPR Team at the Data Protection Conference
JPM Parter Ivan Milosevic and Senior Associate Andrea Cvetanovic participated in BvD Autumn Conference Data Protection and Supervisory Authority Day 2020 in Mannheim, Germany.
Bär & Karrer Advises the Managers in CHF 18.6 Million Rights Offering of Kuros Biosciences.
On 23 October 2020, Kuros Biosciences, a life science company focusing on the development and marketing of orthobiologics, completed a capital increase by way of a rights offering to its shareholders. 50.2% of the shareholders of Kuros Biosciences exercised their subscription rights in the rights offering. The remaining 4,192,530 offered shares were placed in the …
Bär & Karrer Advised Credit Suisse, J.P. Morgan and BofA Securities in the Rights Offering of Idors
On 23 October 2020, Idorsia Ltd completed a capital increase by way of an at-market rights offering. The offer price was set at CHF 22.50 per share and the capital increase resulted in gross proceeds of approximately CHF 535.5 Million. Idorsia intends to use the net proceeds of approximately CHF 520 Million to support the …
Bär & Karrer Advised Syngenta on its Acquisition of a Production Facility from Novartis
Syngenta Crop Protection AG, a global leading chemical crop protection company, acquired a production facility located on the GETEC PARK.SWISS area from Novartis Pharma Schweizerhalle AG.
Bär & Karrer Advised OLX on its Cooperation with Encuentra24
OLX Group, a leading global marketplaces network, and Encuentra24, a leading marketplace and business solution provider in Central America, merged their business activities in Central America under the Encuentra24 brand.
Bär & Karrer Advises BancaStato on the Acquisition of Ticino-based Retail Business Lines from EFG I
Banca dello Stato del Canton Ticino (BancaStato) has agreed with EFG International to acquire its Ticino-based retail business lines, with around CHF 1.2 billion of client assets. The two parties are also committed to exploring further areas of collaboration in Ticino in the future. The operation, which is meant to enable both parties to focus …
Bär & Karrer Advised Crédit Agricole next bank (Suisse) on its Covered Bond Programme
On 18 August 2020 Crédit Agricole next bank (Suisse) SA established its first Covered Bond Programme, in a maximum aggregate principal amount of CHF 2 billion, guaranteed as to payments of interest and principal by CAnb (Suisse) Hypothèques SA. An initial series of covered bonds, in an amount of CHF 200 million, due in September …