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.

Recommended

6

A&O, BLP, DLA make Aldar’s first panel

Aldar, the major Abu Dhabi-based developer of projects, including the ­Ferrari World Abu Dhabi theme park, has finalised its first panel. Aldar has appointed advisers that are understood to include Allen & Overy (A&O), Berwin Leighton Paisner (BLP) and DLA Piper. A&O, which has advised the developer in the past on Islamic and conventional fundraising, […]

6

Gibraltar firms face tougher action in aftermath of Marrache investigation

Law firms in Gibraltar could face draconian action if they are suspected of acting improperly, as the jurisdiction’s government plans to fill gaps revealed by the fraud investigation at Marrache & Co. Gibraltar’s chief minister Peter Caruana reportedly presented a new Bill to Parliament this week to give the government the power to appoint administrators […]

Fox Williams swoops on US firms for partner trio

Fox Williams has hired three new partners, all from US firms. Peter Faber has joined the corporate department from Jones Day, where he spent 10 years as a partner. Prior to joining Jones Day Faber was a partner at Simmons & Simmons. His practice focuses on M&A and private equity transactions and he counts 3i, […]

Rosenblatt and One Essex Court seal victory for Tullett in staff poaching dispute

The High Court today ruled that broker BGC Partners acted unlawfully when it conspired to poach senior staff from rival Tullett Prebon. Rosenblatt Solicitors partner Clive Hyer instructed One Essex Court’s Jeffery Onions QC to act for Tullett Prebon in the case. The action was launched against BGC Partners and former senior Tullett Prebon executive […]

1

BLG loses regulatory partner to Bakers

Barlow Lyde & Gilbert (BLG) regulatory partner Ian Mason has quit the firm for Baker & McKenzie in a move that will strike a blow to BLG’s new management line-up. Mason joined BLG in 2006 from the FSA, where he headed the wholesale group of the enforcement division for two of his six years with […]

Find legal roles

Make your next move with The Lawyer Careers. Search and apply for thousands of vacancies, or receive email alerts for new roles when they go live. Whether you're looking at private practice, in-house legal or an exciting business support role, you'll find your future here.

Search vacancies