Latest Briefings

The sustainability of green financing

Maples Group acted for Xiaomi Corporation in connection with Xiaomi’s offering of US$800,000,000 2.875% Senior Bonds Due 2031 and US$400,000,000 4.100% Senior Green Bonds Due 2051 issued by Xiaomi Best Time International Limited, incorporated in Hong Kong and unconditionally and irrevocably guaranteed by Xiaomi Corporation, a company controlled through weighted voting rights and incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange. The green bonds offering marked Xiaomi’s initial foray into the world of green financing and more broadly Environmental, Social and Governance (ESG). The proceeds of the green bonds are earmarked for ‘Eligible Projects’ within Xiaomi’s finance framework aimed at positive environmental and social benefits. Their framework follows the green bonds and loan guidelines of the International Capital Markets Association.

Guernsey consolidates economic substance and extends it to partnerships

Guernsey has brought partnerships into scope of economic substance requirements for accounting periods commencing on or after 1 January 2022, although partnerships formed on or after 1 July 2021 will be in scope immediately on formation where they conduct activities that trigger the economic substance requirements.

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Linklaters and Milbank agree Visa fee settlement with WHSmith

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Cadwalader’s London results suffer after restructuring exits to Milbank

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london, money, cash

Milbank posts 25% London revenue rise after getting serious with recruitment push

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Ten firms win places on Aviva’s first panel review since 2013

FTSE 100 insurance giant Aviva has completed a review of its two largest legal panels, with ten firms making the grade. Allen & Overy, DLA Piper, Eversheds Sutherland, Pinsent Masons and Slaughter and May have been reappointed to the Aviva Group panel, as well as RPC as a new addition. DLA Piper and Eversheds have […]

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