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Bär & Karrer advises bookrunners on Santhera bonds placement

Santhera Pharmaceuticals Holding Ltd has successfully placed CHF60m 5% convertible bonds due 2022. The convertible bonds will mature on 17 February 2022 at 100% of their principal amount unless previously redeemed, converted or repurchased and cancelled. The terms of the convertible bonds provide for a reset of the conversion price if the average share price […]

Sheriffs Office opens new London office

The Sheriffs Office have opened an office in Fetter Lane, London, to provide it with easy access to the High Court and also to be close to many of its London-based legal clients. The address is: The Sheriffs Office 1 Fetter Lane London EC4A 1BR The contact number is still 0333 001 5100. The post Sheriffs Office […]

Reduction in stamp duty avoidance

James Badcock quoted in Accountancy Age HMRC’s Counter Avoidance Directorate collected £92m in unpaid Stamp Duty Land Tax in the year 2015-16, down from £301.2m in the previous year, showing that the Government’s strategy has been successful in reducing SDLT avoidance opportunities. James Badcock notes that the government has closed many of the loopholes which […]

‘Exceptional’ private view

The private view for the Exceptional Graduate Show was a great success with around 450 guests coming through the doors of Collyer Bristow. They were coming to see up and coming talent from three of London’s top art schools, Goldsmiths, Middlesex University and City & Guilds of London Art School, which Exceptional showcases. The Collyer […]

A&O continues US finance drive with Paul Hastings hires

Allen & Overy (A&O) has continued to grow its US finance practice with the hire of a three-partner team from Paul Hastings. The magic circle firm made headlines last year as it broke lockstep for the first time through the recruitment of four finance partners from White & Case and Proskauer Rose. The new hires from […]

Nenad Stankovic at Serbian infrastructure development conference

TGI Group International organised the 2nd Serbian Property & Infrastructure Development Conference in Belgrade under the auspices of the Chamber of Commerce and Industry of Serbia, the Embassy of Canada and the Embassy of Israel. Once again, the conference brought together state officials, legal and financial experts and professional stakeholders. Foreign participants shared their experiences on […]

Litigation tracker: Holman Fenwick tops Commercial Court rankings

Holman Fenwick Willan was the most active firm in the Commercial Court in 2016, according to The Lawyer Court Rankings 2016. The firm spent 48 days in the court last year, while Stephenson Harwood and boutique firm Byrne & Partners both spent 32 days. Holman Fenwick takes the top place with 12 occasions. In its longest […]

Law firms off the hook for now amid Aviva diversity campaign

Aviva attracted national attention last weekend when it revealed it had threatened to terminate contracts with suppliers that fail to promote women to senior roles. Sarah Morris, chief people officer at the insurer, told the Sunday Times that publicly backing women’s initiatives would give the company a “competitive edge”. The warning contained in the letter – sent to a […]