Conyers Dill & Pearman has provided Bermuda law advice to Arch Capital Group in connection with the offering of $500m (£300m) aggregate principal amount of 5.144 per cent senior notes due 2043 by its wholly owned subsidiary, Arch Capital Group (US), fully and unconditionally guaranteed by the company. JP Morgan Securities, Merrill Lynch, Pierce, Fenner […]
In a recent opinion on an issue of first impression, the US Court of Appeals for the Second Circuit held that foreign entities seeking recognition under Chapter 15 of the Bankruptcy Code must, in addition to satisfying the requirements for recognition set forth in that chapter, have a residence, domicile, place of business or assets […]
Walker Morris provided legal input at LRS Consultancy’s recent event ‘Recycling services: avoiding exposure and turning TEEP to your advantage’, which provided a forum for local authorities and the resource management industry to hear from keynote speakers and to discuss legal requirements for recycling services. The event also helped to raise awareness of the opportunities that […]
Beijing and Shanghai are not the only places where China’s legal market is thriving. When we talk about the China legal services market most people tend to focus only on Beijing and Shanghai, but there are many more Chinese lawyers who work in other regional cities. Most foreign lawyers have limited or no visibility to […]
Corporate lawyers at Walker Morris have advised the management team of Yorkshire-based UK Wealth Management on its acquisition by Ashcourt Rowan. Ashcourt Rowan has agreed to pay £14.25m in cash for the wealth management specialist, which will be funded through a placing of shares by Ashcourt Rowan. The acquisition, which is subject to approval by […]
Generic top-level domains (gTLDs) appear to the right of the dot in a domain name. Historically, there were only a limited number available, with ‘.com’ being the most common. In 2011, the Internet Corporation for Names and Numbers (ICANN), which is charged with responsibility for developing the gTLD domain-name system, relaxed the system so that […]
The Court of Appeal has ruled in Virgin Atlantic Airways v Jet Airlines (India) & Zodiac Seats UK and others that the English courts cannot go behind the European Patent Office’s (EPO’s) decision to grant a European patent. This is part of the long-running patent dispute concerning lie-flat business-class seats for airlines, in relation to […]
By Zoltán Fabók A recently published ruling of a Hungarian regional court of appeal has held that the enforcement of claims by an insolvent claimant in arbitration is contradictory to the aims of the insolvency proceedings and to a creditor’s interests. Consequently, an arbitration agreement may not be binding in Hungary in circumstances where a […]
By Kamau Karori Earlier this year, legislators in Kenya established the Nairobi Centre for International Arbitration (NCIA) by passing the Nairobi Centre for International Arbitration Act No. 26 of 2013. The main objective of the NCIA is to facilitate the establishment of an independent and non-profit centre with a broad mandate necessary to administer domestic […]
Weightmans has become the latest top 50 firm to obtain an alternative business structure (ABS) licence from the Solicitors Regulation Authority. The firm applied for the licence in May (29 April 2013). It was authorised to begin operating under the new structure on Friday (20 December). The licence will enable Weightmans to take on external investment […]
Hogan Lovells has named corporate partner Tom Whelan as the co-head of its global private equity group, taking over the reins from Alan Greenough who will retire next year. Whelan and Greenough both joined legacy Lovells after Weil Gotshal & Manges launched an assault on the UK private equity market, with the trophy hire of its […]
By Scott McDonald, Kirk Simmons and Anne Bihancov This autumn, the people of Australia elected a new federal government, presenting a number of potential opportunities for investor-state arbitration in Australia. First, the new government has reviewed its position with respect to the inclusion of investor-state dispute settlement clauses in investment treaties. Second, the government proposes […]