Case study: How Royal London rebooted its relationships with external firms

Royal London general counsel Fergus Speight tasked his team with hanging the legal function operating model. Solicitor Peter McCusker led the way, and collaborated with procurement to reboot relationships with external firms

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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.



Linklaters boosts parental leave by 10 weeks

Linklaters is increasing its parental leave allowance by 10 weeks, as part of a drive to modernise its policies and give both parents a sufficient amount of time to spend with their newborn. The firm is offering UK employees a total of 12 weeks paid parental leave from the start of January, which will be […]


Deloitte Legal targets startups with two-year legal tech scheme

Deloitte Legal has created a new programme to invest in the development of start-ups, the first output of the firm’s recently-assembled innovation team. The legal arm of the accountancy firm is ready to roll out Deloitte Legal Ventures, a central capability aimed at adopting tools of early-stage legal tech startups that will be used by […]

SDT adjourns Bakers hearing after week of questioning

The ongoing hearing into Baker McKenzie and how it handled a sexual misconduct investigation has been adjourned, after the Solicitors Disciplinary Tribunal assessed the medical condition of one of the parties. It came to light last week that Martin Blackburn, the firm’s former HR director, fractured his hip following a fall. As a result, the […]

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