White & Case Advises Consus on Acquisition of SSN Group
fGlobal law firm White & Case LLP has advised Consus Real Estate AG (Consus), a leading listed German real estate developer, on the acquisition of a majority stake in SSN Group AG (SSN).Consus will...
View ArticleUnited States Fully Re-imposes Iran Sanctions and Expands Designations
fOn November 5, 2018, the United States re-imposed all remaining secondary sanctions on Iran that were previously lifted under the Joint Comprehensive Plan of Action (JCPOA).1 This is the final action...
View ArticleWhite & Case Advises Amigo Holdings on Inaugural £150 Million Securitisation...
Global law firm White & Case LLP has advised Amigo Holdings PLC (Amigo), the leading company in the UK guarantor loan space, on the completion of its inaugural £150 million securitisation...
View ArticleNational security reviews 2018: Italy
fSince the adoption of the Golden Power Law, the Italian government has exercised its special powers only in relation to 9 golden power procedures, out of more than 50 known filings. The Italian...
View ArticleNational security reviews 2018: United Kingdom
fThe changes introduced in June 2018 were designed to fill a gap and cover those cases with the greatest potential to raise national security concerns but which were not caught by existing legislation....
View ArticleNational security reviews 2018: European Union
fOnly 12 out of 28 Member States have national security review mechanisms in place, differing widely. Due to the significant increase of foreign direct investment (FDI) into European technology assets...
View ArticleNational security reviews 2018: France
fFrench law does not provide for any materiality threshold— even transactions of modest size can be captured for review. The Bureau Multicom 2, which is located within the Ministry of Economy's (MoE)...
View ArticleNational security reviews 2018: Germany
fIn September 2018, the BMWi announced its intention to further tighten the regime for foreign direct investments. Pursuant to the German Foreign Trade and Payments Act (Außenwirtschaftsgesetz; AWG)...
View ArticleUK Modern Slavery Act 2015 – Update Note on Requirement for Annual Statements
fUK Modern Slavery Act 2015: Companies encouraged by UK Home Office to comply with reporting requirementThe UK Modern Slavery Act 2015 requires commercial organisations to publish an annual slavery and...
View ArticleUK Capacity Market suspended after landmark European General Court ruling
fOn 15 November 2018, the European General Court ("EGC") delivered a decision regarding the EU Commission's State Aid clearance of the UK's Capacity Market Scheme.1The EGC concluded that, given the...
View ArticleImportant Changes to Capital Gains Tax Treatment of Management Incentives in...
fWhether or not an employee shareholder will qualify for entrepreneurs' relief has never been certain because the relevant qualification tests apply at disposal (albeit with a look-back period) rather...
View ArticleSixth anti-money laundering directive
fOn 12 November 2018, the directive 2018/1673 on combating money laundering by criminal law (the "sixth anti-money laundering directive") and the new regulation 2018/1672 on controls on cash entering...
View ArticleGood Faith and Contract Renegotiation
fLong-term contracts are made in political and economic circumstances that can change significantly over the life of the contract. If circumstances do change significantly, and the parties are...
View ArticleUK Capacity Market suspended after European General Court ruling – A Detailed...
fFollowing on from our previous piece, White & Case takes a deeper look at the background, judgment and what is next for the UK Capacity Mechanism after the adoption of the Tempus Energy Decision...
View ArticleKey Changes in Proxy Voting Guidelines for 2019
fBoth ISS and Glass Lewis have recently updated their proxy voting guidelines, featuring key changes that could affect shareholder voting habits in 2019. Changing policies to reflect changing times...
View ArticleFinancial Institutions M&A: Growing opportunities for sponsors
fPrivate equity firms historically focused on unregulated financial services, but have moved into the regulated space with much success. AT A GLANCE:Financial sponsors are involved in approximately one...
View ArticleWhite & Case Promotes 21 to Counsel and 21 to Local Partner
Global law firm White & Case LLP has promoted 21 lawyers to counsel and 21 lawyers to local partner."Spanning 21 offices and nine practice groups, these promotions reflect the truly diverse and...
View ArticleWhite & Case Advises Banks on JSC NAC Kazatomprom's US$3 Billion Dual LSE/AIX...
fGlobal law firm White & Case LLP has advised on the largest Kazakhstani initial public offering (IPO) on the London Stock Exchange (LSE) in more than a decade, and the first IPO on the newly...
View ArticleThird Party Funding in Arbitration: Reforms in Nigeria
fThird party funding – by which a commercial fund finances the costs of proceedings in return for a share of any damages awarded – has recently seen an upswing globally with a number of jurisdictions...
View ArticleWhite & Case Secures Unconditional Merger Clearance for Deutsche Telekom in...
fGlobal law firm White & Case LLP has achieved a significant success for Deutsche Telekom (DT) before the European Commission (EC), which has unconditionally approved the acquisition of Tele2 NL by...
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