Pilipino Telephone Corporation (Piltel) is restructuring 98 per cent of its debt in a deal worth $850m (£602.9m

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Latest Briefings

All aboard the bond wagon: SEBI board meeting decisions

The Securities and Exchange Board of India (SEBI) in its meeting held on 18 August 2018, besides reviewing the total expense ratio of the mutual fund schemes and agreeing to introduce united payment interface with ASBA facility for public issues, has also paved the way for further stimulating the bond market by removing the requirement […]

Brexit: What happens next?

By Trudy Feaster-Gee, Sue Harris Now that the House of Commons has overwhelmingly rejected the government’s Brexit deal, we take a look at what happens next and what it means for businesses. On Tuesday 15 January 2019, the House of Commons voted overwhelmingly to reject the Brexit deal negotiated between the government and the European Union. A […]

Implying ‘Braganza’ duties into mortgage contracts

By Christina Gill A recent High Court case has shed some light on the extent to which the courts may imply additional duties into mortgage agreements requiring lenders to make decisions by way of processes that would be “lawful and rational in the public law sense”. Banking Litigation specialist Christina Gill explains UBS AG v Rose Capital […]

The International Comparative Legal Guide to: Private Client 2019

By Philippe Pulfer, Olivier Sigg Welcome to the 2019 edition of The International Comparative Legal Guide to Private Client which I am delighted to introduce this year. The Guide covers a comprehensive and diverse range of articles that would pique the interest of any domestic or international practice client adviser. The publication is designed to provide readers […]

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LongAcre branches out into Sweden

Olswang’s technology, media and telecommunications corporate finance house LongAcre has moved into Sweden with the acquisition of Lommen Corporate Finance. `The acquisition marks the first step in LongAcre’s European expansion. Olswang chief executive Jonathan Goldstein said: “LongAcre was launched with the intention to build a pan-European corporate finance house. The London business is doing exceptionally […]

Holland & Knight chief steps down

US firm Holland & Knight’s Bill McBride has resigned from his role as managing partner following his decision to explore the world of politics. `McBride is considering whether to stand for the post of Florida Governor in next year’s elections. He feels that his plans are incompatible with retaining the role of managing partner. He […]

Herbert Smith appoints new Hong Kong chief

Herbert Smith’s Asian construction group head has been appointed managing partner of the Hong Kong office. `Mark Lloyd-Williams is to succeed David Willis who has served in the role since August 1997. Willis will return to the firm’s head office in London.`Willis said: “The Hong Kong practice has grown strongly over recent years. With Mark’s […]

UPM-Kymmene buys German-based paper producer G Haindl'sche Papierfabriken

UPM-Kymmene buys German-based paper producer G Haindl’sche Papierfabriken for euro3.85bn and sells two of Haindl’s mills to Norske Skog for euro1.1bn. Haindl advised by Gleiss Lutz Hootz Hirsch (Gerhard Wegen). UM-Kymmene advised by Hengeler Mueller Weitzel Wirtz (Julius Budde). Norske Skog advised by White & Case (Andreas Stilcken).

Lee & Pembertons

News in brief Lee & Pembertons has taken on property partner Edward Bliss from Maples Teesdale where he was a partner for 12 years. Bliss specialises in residential and commercial property. His arrival strengthens the firm’s property department which has been expanding since the firm moved to Victoria, London last year.

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