Global Legal Chronicle – Global Legal Chronicle

North America Legal Chronicle

Westdale, King Street and Cedar Capital’s $120 Million Acquisition of Shelborne South Beach Hotel

February 22, 2020 Ambrogio Visconti

Holland & Knight advised King Street in the transaction. A joint venture between Westdale Properties, King Street Real Estate GP, L.L.C, and Cedar Capital Partners executed the acquisition of the Shelborne South Beach Hotel in Miami Beach, Florida for $120 million. The landmark 275-room hotel is located in the heart of Miami Beach’s famous art […]

Europe Legal Chronicle

Embracer Group’s Acquisition Of Saber Interactive

February 21, 2020 Paolo Bossi

Baker McKenzie advised Embracer Group in connection with the acquisition. Embracer Group has entered into an agreement to acquire the assets of US-based Saber Interactive. Closing of the transaction is subject to customary conditions and is expected to take place during the second quarter of 2020. Saber Interactive is an independent developer and publisher with […]

Asia & Pacific Legal Chronicle

Blackstone Group’s $53.8 Million Acquisition Of Allcargo Logistics Ltd

February 21, 2020 Michael Patrini

Khaitan & Co advised The Blackstone Group on a control transaction involving acquisition of Allcargo Group’s warehousing business. Private equity (PE) giant Blackstone Group invested INR 380 crore (approx. US$ 53.8 million) to buy a majority stake in the warehousing business of Mumbai-based Allcargo Logistics Ltd for developing logistics parks in key consumption hubs across […]

Latin America Legal Chronicle

Descifra’s Round Funding

February 21, 2020 Ambrogio Visconti.

Pani Abogados and LegalMind MX S.C. advised on the transaction Descifra (Micro Mercados Geolocalizados) secured a first seed financing from Angel Ventures México. Descifra develops a business analytical software designed to increase the profitability of the businesses. The company’s business analytical software Omen uses machine learning to predict the sales, enabling enterprises to gather socio-demographic […]

Africa Legal Chronicle

Bank One Limited’s Currency Swap With Reserve Bank

January 27, 2020 Andrea Canobbio

Baker McKenzie advised Bank One Limited as arranger and swap provider on a USD 30 million USD/local currency swap with the Reserve Bank of a southern African country and a participation agreement syndicating the transaction with I&M Bank PLC. Under the terms of the transaction documents, the swap is collateralised by local government bonds, which […]

Middle East Legal Chronicle

Qatar Islamic Bank’s US$800 Million Sukuk Offering

February 20, 2020 Michael Patrini.

Clifford Chance has advised Standard Chartered Bank on the world’s first Formosa Sukuk for Qatar Islamic Bank which was issued at a value of US$800 million. The five-year Sukuk is dual listed on the Taipei and Irish Stock Exchanges and is considered to be the first Reg S Sukuk listed on the Taipei Stock Exchange. […]

Towards a tech-driven Cold War

June 18, 2019

There might, hypothetically, be a clear winner of the “Fourth Industrial Revolution”. AI systems and 5G technology are surely the revolution’s two key enablers, and the first mover – the first to successfully implement these systems on a large and sophisticated scale – will certainly gain a competitive advantage over others. This is not, however, […]

Record-breaking year for Tour de Law

Private equity is still growing, although the euphoria of 2014 has died down somewhat

On the path of the bond market: is there a bear, a bull…or what else at the end of the road?

Let’s kill all the lawyers?

February 21, 2020

Shakespeare had something of a way with words: a talent to amuse, abuse, beguile and bewitch through his unparalleled mastery of language. Any attempt to define such genius is superfluous: much better to study his work instead. Better still, just watch his plays. On the subject of lawyers, the Bard crafted a pithy and oft-repeated […]

FBME’s investigators: in contempt and under orders

Glass of champagne? ‘No, I‘d rather make hats instead.’

Because of the inertia of the Executive Branch, the Judiciary starts to “regulate” the growing of cannabis in Brazil

Cicero – the simple art of legal advocacy

Daylight Bank Robbery

July 10, 2019

Imagine if you ran a small engineering company and decided to open an account with a bank which you used for several years in ordinary commercial business, only to find that its operations were then terminated. Not only that, but your account was frozen as the bank in question was accused by the US government […]