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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Mayhew and Baumer

BCLP eyes office return in new long-term approach

Bryan Cave Leighton Paisner (BCLP) will expect its workforce to attend the office for the majority of their working hours, as it outlines its future arrangements. From early September, its lawyers and staff globally will be encouraged to work from the office for “the majority of the time”, a statement from the firm said. The […]

My Pride Story: “Out, but not out out”

It’s a strange phenomenon when people talk about pride and coming out. Each person has their own personal and unique story to tell. Getting on in years, as junior lawyers keep reminding me, and as a 49-year-old I have been recalling my pride journey, reminiscing if you like. I had always thought that I exuded […]

Olympic Stadium

A&O defends £8m Olympic Stadium negligence claim

A professional negligence claim against Allen & Overy (A&O) in the High Court has been slashed by millions of pounds, as the owners of the Olympic Stadium pursue just under £8m in damages from the firm. The reduction was confirmed during a case management hearing on Friday, which was the first directions hearing since the initial […]

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