Offshore Fund-Related Litigation
Litigation against directors, officers and professional service providers, following the collapse of offshore funds and collective investment schemes such as Madoff and Weavering, continues to proceed in a variety of jurisdictions, both offshore and...
Three Drivers for Better Customer Relations in Financial Services
In today’s economy the financial sector is under ever increasing pressure from all angles. Consumers are insisting on better value; competition continues to rise as international and fresher, more digitally focused challengers enter...
Open-Ended Fund Companies: Hong Kong Style
In March of this year, the Hong Kong government issued an industry consultation paper (Proposal) introducing a new regime for establishing Hong Kong-domiciled open-ended fund companies (OFCs) that might be structured as investment funds....
Private Equity Investors Say Professional Advice is Essential in Selling Your Business
Private equity investors have plenty of money on hand to invest. According to a recent Bloomberg report, they are sitting on a record nearly trillion in what is called "dry powder," money raised but not...
Genesis Energy, L.P. Completes Acquisition of Tronox Limited’s Alkali Business
Genesis Energy, L.P. today announced that it has completed the acquisition of Tronox Limited’s trona and trona-based exploring, mining, processing, producing, marketing and selling business (the “Alkali Business”) previously announced on August 2, 2017....
Starbreeze Approved for Listing on Nasdaq Stockholm
The Nasdaq Stockholm Listing Committee has approved the admission of the Starbreeze share to start trading on Nasdaq Stockholm.The approval is conditional upon meeting certain conditions, including approval and registration of the...
MBOs numbers fall as Brexit uncertainty grows
The number of management buyouts (MBOs) in the UK has fallen again over the last year as Brexit-related caution grows, says accountancy firm Moore Stephens.According to Moore Stephens, only 80 MBOs took place...
Dunkin’ Brands Announces Refinancing Transaction
Dunkin' Brands Group, Inc. (the "Company"), the parent company of Dunkin' Donuts (DD) and Baskin-Robbins (BR), today announced that certain of its subsidiaries intend to complete a recapitalization transaction, which will include the refinancing of...
Schneider Electric Foundation Commits $100,000 to American Red Cross for Harvey Relief Efforts
The Schneider Electric Foundation today pledged $100,000 to the American Red Cross to support disaster relief efforts, as communities in Texas and Louisiana attempt to recover from the catastrophic effects of Hurricane Harvey. Additionally, the Schneider Electric Foundation will match all...
Abris Capital Partners Secures €500m for Third Cee Mid-Market Fund
Abris Capital Partners, an independent private equity fund manager currently celebrating its 10th anniversary of investing in Central & Eastern Europe (CEE), has secured €500 million from international investors to support further investment in the region....