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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Hogan Lovells strikes deal with Elevate for new legal services hub

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Hogan Lovells promotes half of new partners in the US

Hogan Lovells has made up eight of its UK lawyers to partner in its latest US-dominant promotions round. The London lawyers are part of a class of 29 new partners that the firm has made up worldwide. Each of Hogan Lovells’ five practice groups is represented in the 2020 promotions, with nearly a third (nine) […]

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Hogan Lovells loses another senior partner as Birmingham chief departs

The head of Hogan Lovells’ Birmingham office Michael Gallimore has become the latest senior partner to leave the firm, prompting a change in leadership for the firm’s Midlands outpost. Gallimore has joined boutique planning firm Town Legal after over 30 years at Hogan Lovells. Having made partner in 1988, he was made head of planning […]

Hogan Lovells

Hogan Lovells snares Freshfields ops lead in efficiency overhaul

Hogan Lovells has brought in an operations lead from Freshfields Bruckhaus Deringer in a bid to drive efficiencies and manage big-scale projects within its London financial services practice. It is the third such role offered by the firm globally and the first one being trialled in the UK. It complements the remit of two Washington […]

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