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News & Analysis

Mexico: Gonzalez Calvillo assisted Citibank, N.A. and UMB Bank, N.A. in the refinancing to APR Energy - a worldwide leader in energy solutions

29 September 2022 by González Calvillo

Legal counsel to Citibank, N.A., as, among others, administrative agent, and UMB Bank, National Association, as security trustee - two leading American banking and financial services institutions.- in the USD$185 million refinancing to APR Energy - a worldwide leader in energy solutions.
News & Analysis

Budget 2023 – Ireland | Tax Highlights from Walkers

28 September 2022 by Walkers

Last year's Budget was presented as setting a course for a journey to a post-pandemic Ireland in 2022
News & Analysis

Egypt: DRENY & PARTNERS Advises EFG HERMES CORP SOLUTIONS IN ITS 2nd securitization transaction amounting to EGP 2 billion

26 September 2022 by Dreny & Partners Law Firm

Dreny & Partners is pleased to announce the successful completion of the second securitization transaction for EFG Hermes Corp Solutions amounting to EGP 2 billion, from a multi-issuances program amounting to EGP 3 billion.

News & Analysis

Luxembourg: Arendt boosts its forensic investigations offering with legal technology

26 September 2022 by Arendt & Medernach

In many disputes and litigation proceedings, the volumes and flows of information to be treated have taken on huge proportions. Finding accurate key data needed to understand and resolve cases is a serious challenge
News & Analysis

Luxembourg: Arendt advises Partners Group on the acquisition of FirstPort

22 September 2022 by Arendt & Medernach

Arendt advises Partners Group on the acquisition of Firstport, a leading UK residential property services company
News & Analysis

Mexico: Gonzalez Calvillo assisted Bradesco, in the preparation, negotiation and execution, of the stock purchase agreement, in order to acquire all of the shares issued by Ictineo Plataforma

12 September 2022 by González Calvillo

We assisted Bradesco, in the preparation, negotiation and execution, of the stock purchase agreement, in order to acquire all of the shares issued by Ictineo Plataforma, S.A. de C.V., S.F.P.
News & Analysis

Romania: NNDKP assists International Game Technology PLC (IGT) in the acquisition of iSoftBet

12 September 2022 by Nestor Nestor Diculescu Kingston Petersen

Nestor Nestor Diculescu Kingston Petersen (NNDKP) successfully assisted International Game Technology PLC (IGT), one of the global leaders in gaming, in a multi-jurisdictional transaction for the acquisition of iSoftBet, an online games supplier and content aggregator.

News & Analysis

Mauritius - Guide to Mauritius Limited Partnerships

11 September 2022 by Moorari Gujadhur | Vithil Dabee

The Limited Partnerships Act 2011 of Mauritius (the “LP Act”) came into force on 15 December 2011 and introduced a new legal entity – the limited partnership - to the panoply of vehicles through which business can be carried out in the Mauritius International Financial Centre. The introduction of the new Mauritius Limited Partnership makes available a recognisable and flexible vehicle to US and European private equity funds which use Mauritius as a portal to access the investment opportunities of the African and Asian markets. The availability of the Mauritius Limited Partnership thus consolidates Mauritius’ position as an international financial centre of choice.
News & Analysis

Recognition and Enforceability of Close-out Netting and Set-off Provisions under Mauritian Law

11 September 2022 by Moorari Gujadhur | Vithil Dabee

The Mauritian Parliament undertook an overhaul of the insolvency regime in 2009 by passing the Insolvency Act No. 3 of 2009 (the “Insolvency Act”). The model upon which the netting arrangements have been enacted under the Insolvency Act is based on the 2006 Model Netting Act by the International Swaps and Derivatives Association.
News & Analysis

Non-resident tax on Mauritius-source income

09 September 2022 by Ammar Oozeer, Senior Associate and Yashna Munbauhal, Associate, BLC Robert & Associates

Non-residents are generally liable to tax in Mauritius in respect of their Mauritius-source income. Section 74(1) of the Income Tax Act (the “Act”) provides examples of streams of income considered to be derived from Mauritius.
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