Conyers Dill & Pearman has advised Yahoo! Inc, shareholder of Alibaba Group Holdings Ltd, on the IPO of Alibaba on the New York Stock Exchange, which raised $25bn. The IPO is the largest in history and on market debut gave Alibaba a market capitalisation of nearly $230bn. Alibaba, whose sales are larger than Amazon and […]
Conyers Dill & Pearman has provided Cayman law advice to Charm Communications on its $183m (£113m) privatisation and delisting from NASDAQ. Conyers advised the consortium, which was made up of He Dang (chairman of the board of directors and founder), Merry Circle Trading and Honour Idea (founder shareholders) and CMC Capital Partners HK (sponsor). Partner […]
Andrew Henderson, partner and regulation expert at Eversheds, has commented on new derivatives rules proposed in the US. He said: ‘ISDA’s plans show that the bank resolution measures, which govern failing sell-side institutions, are relevant for the buy-side entities. ISDA’s desire to prolong by agreement the otherwise temporary statutory suspension of contractual termination rights, which […]
On 7 October, daily business newsletter Verslo žinios published comments made by Eversheds Saladžius attorney-at-law Lina Aleknaite-Van der Molen. The comments concerned the impact that the exchange of Litas to euro from the start next year might have on loan agreements. In all legal documents, the reference to Litas and VILIBOR will be replaced by […]
Eversheds attorney-at-law Lina Aleknaitė-Van der Molen is to give a presentation at an international conference titled ‘Alternative Dispute Resolution in Business’ on 16 October 2014. The conference is organised by Kazimieras Simonavicius university and the Office of the Parliament of the Republic of Lithuania. The topic of the presentation is ‘Alternative Dispute Resolution in Banking […]
On 8 October 2014, attorney Iwo Gabrysiak, the partner in charge of the litigation practice at Wierzbowski Eversheds, was appointed by the General Meeting of Arbitrators and Mediators of the Court of Arbitration at the Polish Financial Supervision Authority (KNF) to serve on the committee, awarding the KNF distinction for Mediation-Friendly Financial Institutions. The decision […]
The approach to assessing harm in green-belt cases was the subject of the decision in Redhill Aerodrome Ltd v Secretary of State for Communities and Local Government [2014] EWHC 2476 (Admin). The secretary of state obtained permission to appeal and expedition. No5 Chambers barrister Richard Kimblin appeared in the case. The case was heard on […]
No5 Chambers’ Richard Gibbs has defended a woman from Coventry who has been jailed from tricking pensioners into handing over their bank cards in a scam. Kelly Marie Gleeson obtained tens of thousands of pounds from a sophisticated courier card con, which stretched across the country. Gleeson has been jailed for five years after the judge in […]
Moore Blatch, together with The Child Brain Injury Trust and Action Cerebral Palsy, is organising a one-day conference exploring the implications of the changes brought about by the Children and Families Act 2014 and the impact of these changes on those with special educational needs and disabilities (SEND). No5 Chambers will be exhibiting at the […]
Ogier in the British Virgin Islands (BVI) has advised DT Asia Investments on its initial public offering (IPO) of 6,000,000 units on NASDAQ, raising $60m (£37m). DT Asia Investments is a BVI incorporated special-purpose acquisition company (SPAC) formed for the purposes of engaging in a business company with one or more businesses. While not limited […]
DLA Piper has expanded its international arbitration practice in France with the hire of Alexander Brabant and Alice Pezard to the litigation and regulatory team in the firm’s Paris office. Brabant will join the firm as a partner, while Pezard, whose practice focuses on commercial and civil litigation, has been appointed as counsel. Brabant is […]
DLA Piper has been recognised as a ‘standout firm’ in several litigation categories by BTI Consulting Group in its newly published BTI Litigation Outlook 2015: Changes, Trends and Opportunities for Law Firms. DLA Piper received ‘standout’ status for class action torts, securities and finance litigation, complex commercial litigation, routine commercial litigation and product liability litigation. […]