Release Of Egypt’s First Central Movable Collateral Registry
The Egyptian Financial Regulatory Authority (“FRA”) announced the launch of the Egypt's first central movable collateral registry. Egypt had its first Movable Collaterals Law on 15 November 2015 (Movable Collaterals Law no. 115/2015), and the Ministry of Investment passed the Executive Regulations On 15 December 2016. The law introduced an overarching system for taking non-possessory …
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Highlights: WSG 2018 Asia Pacific Regional Meeting
SyCip Salazar Hernandez & Gatmaitan hosted the World Services Group (WSG) 2018 Asia Pacific Regional Meeting last March 13-14, 2018. The meeting was attended by over 40 representatives from 22 member firms worldwide, including Argentina, Australia, Brazil, Cambodia, Colombia, Hong Kong, Indonesia, Italy, Japan, Jersey, Macau, Malaysia, New Zealand, Philippines, Poland, Russia, Singapore, South Korea, Sweden, Taiwan, …
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Bär & Karrer Advises Constellium on the Sale of Rolling Business Assets in Sierre, Switzerland, to
On 23 July 2018, Constellium Valais SA, a company of the Constellium group engaged in the aluminium plate and extrusions businesses for industry, aerospace and transportation applications, successfully completed the sale of its aluminium rolling business assets in Sierre, Switzerland, to Novelis Switzerland SA for EUR 200 million. The assets, consisting of real estate, machinery …
Bär & Karrer Advises Bank Cler in Connection with the Public Tender Offer by Cantonal Bank of Basel
On 20 June 2018, the Cantonal Bank of Basel, which already holds 77.52% of the share capital and the voting rights of Bank Cler Ltd., published the preannouncement for a public tender offer for all publicly held bearer shares of Bank Cler, which is listed on the SIX Swiss Exchange. Subsequently, Bank Cler concluded a …
BCLP (Russia) represents Samsung C&T Corporation vc REMZ for recovery of $1,840,000 in debt & damage
Bryan Cave Leighton Paisner (Russia) LLP has brought yet another victory for its client, Samsung C&T Corporation, in the proceeding against REMZ (Rostovskiy ElectroMetallurgicheskiy Zavod) caused by the breach by the latter of a supply contract. The court ordered REMZ to pay USD 1,050,000 of principal debt and USD 790,000 in damages. The decision of the …
JunHe’s latest achievement| JunHe clinches a place in the top three “2018 Universum China Most A
JunHe’s latest achievement clinches a place in the top three “2018 Universum China Most Attractive Legal Employer Awards”, for the third year in a row.
In Memoriam: Andres G. Gatmaitan
SyCipLaw mourns the passing of Andres G. Gatmaitan, a name partner and a former managing partner of the firm. He died at the age of 78.
Changes in Serbian Employment Legislation 2018
The beginning of the summer brought amendments to several employment-related laws. The most notable changes are presented below: The Law on the Employment of Foreigners The duration of the labour market test – The labour market test within the work-permit acquisition process (through which the National Employment Service examines whether there are any Serbian citizens …
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Simon Watt ranked as international climate change expert in Chambers Global 2018
Bell Gully partner Simon Watt is the only New Zealand climate change expert ranked in international climate change rankings of Chambers Global for a fourth consecutive year.