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

UK treaty tiebreaker guidelines raise concerns

HM Revenue & Customs on 14 January published new guidelines (INTM120085) on nonstandard treaty tiebreakers that could have an impact on the UK’s tax treaties with the United States, Canada, and the Netherlands. The update to the HMRC International Manual covers cases in which there is no residence tiebreaker clause and the matter must be […]

Technology

Curtis counsels investors, start-ups and established global corporations in sectors as diverse as software, hardware, electronic media, nanotechnology, clean technology, biotechnology, renewable energy and life sciences. The range of services provided by the group includes: Stock and asset acquisitions and divestitures Mergers Equity and debt offerings Private placements Venture capital financings and partnering agreements Joint […]

Commercial contracts

Robust commercial contracts are central to the success of all businesses. We understand that at Shoosmiths. That’s why we have one of the largest dedicated commercial law teams in the UK. In fact, we have been ranked a top 10 law firm for commercial law by reference to the number of FTSE clients for whom […]

Hospital

Eversheds, One Crown Office Row advise as damning NHS report is released

Eversheds played a lead role advising on an inquiry chaired by Serjeants’ Inn Chambers silk Robert Francis QC into the failings of Stafford Hospital after hundreds of hospital patients died over a three-year period. One Crown Office Row also played a major role in the inquiry, with a raft of its barristers representing the various […]

Freshfields and Herbert Smith lead on latest foreign utilities takeover

Freshfields Bruckhaus Deringer and Herbert Smith Freehills (HSF) have advised on the £164.5m takeover of Sutton & East Surrey Water (SESW) by Japan’s Sumitomo Corporation. The deal is the latest in a string of acquisitions of UK utilities groups by Asian buyers following the purchases of EDF’s UK power grids, Northumbrian Water Group and Wales […]

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