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Conyers advises China Hongqiao Group on bonds issue
Conyers Dill & Pearman acted as special legal counsel in the Cayman Islands to China Hongqiao Group Limited (the “Company”), in connection with its issue of $320m 5% Convertible Bonds due 2022. China Hongqiao Group, together with its subsidiaries, manufactures and sells aluminum products primarily in China. The post Conyers advises China Hongqiao Group on […]
Conyers advises Agile Group on HK$300m term loan facility
Conyers Dill & Pearman provided BVI and Cayman Islands law advice to Agile Group Holdings Limited in connection with its ICBC HK$300m term loan facility, secured by guarantees and share charges over BVI and Hong Kong subsidiaries and governed by an existing intercreditor agreement. The post Conyers advises Agile Group on HK$300m term loan facility […]
Bär & Karrer advises the sellers of AWK Group
The owners of AWK Group AG sold the company to Deutsche Private Equity GmbH, an independent German investment company. AWK Group is one of the largest independent Swiss consulting firms for information technology and digitalization. Bär & Karrer acts as legal advisor to the sellers in this transaction. The team includes Christoph Neeracher, Luca Jagmetti, […]
Boies Schiller and K&L Gates brought into Weinstein class action fray
US firms Boies Schiller & Flexner and K&L Gates have been embroiled in a class action claim alongside corporate executives and entertainment industry individuals as part of a so-called “Weinstein Sexual Enterprise”. A new class action was filed yesterday in the U.S. District Court for the Southern District of New York by six women, accusing […]
BLM cuts 21 legal and support roles after latest consultation round
BLM has cut 21 roles in the firm following the end of a redundancy consultation, affecting 13 lawyers and eight business services staff. The firm launched the consultation over its volume motor offering in Southampton in August and, at the time, said it could affect up to 29 roles. It closed in October of this […]
Sedgwick London office empties as two exit for DAC Beachcroft
DAC Beachcroft has made a seven-lawyer hire from US firm Sedgwick’s London office, including insurance partner Mark Kendall. Kendall and insurance partner Duncan Strachan, along with four lawyers and a legal and language support person, will join the firm’s London office in January 2018 after Sedgwick ceases operations. The two partners both have experience in […]
Linklaters and HSF advise on Hammerson’s £3bn bid for rival Intu
Herbert Smith Freehills (HSF) has advised longstanding client Hammerson on its $3.4bn purchase of shopping centre giant Intu. Hammerson was represented in the transaction by corporate partners Alex Kay and Caroline Rae, while consultant David Paterson supported the pair on M&A matters. Partner Susan Black handled antitrust issues. Linklaters took the lead for Intu, with […]
Clyde & Co mulls Sedgwick hires to bolster West Coast footprint
Clyde & Co is in talks to hire several lawyers from Sedgwick ahead of the beleaguered US firm’s closure early next year to expand its US presence. Sedgwick insurance litigation partners Bruce Celebrezze and Alexander Potente are touted to join the firm, though no official hire has been confirmed. It is thought that the firm […]