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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.
News & Analysis

Turkey: Erdem & Erdem Represented Acıbadem Healthcare Group in the Acquisition of Private Orthopedia Hospital

08 September 2022 by Erdem & Erdem

Acıbadem Healthcare Group, one of the academic health institutions that is referenced in the world which created a model for Turkey serving in 5 countries, namely Turkey, Macedonia, Bulgaria, Serbia and the Netherlands, acquired Private Orthopedia Hospital, which is one of the first private orthopedic hospitals that was established 14 years ago in Adana by orthopedic physicians.
News & Analysis

Elias Neocleous & Co LLC, together with Gofstein and Partners, has recently advised Zantemark Limited, operating under its brand name Yoloco, on setting up its operations and headquarters in Cyprus.

07 September 2022 by Elias Neocleous & Co LLC

Yoloco is a leading social data technology company aiming to revolutionize advertising through improving a brand’s ability to select the most effective ‘social media’ influencer to market its products.

News & Analysis

LG Energy Solution’s IPO and Listing on the Korea Exchange’s KOSPI Market

07 September 2022 by Kim & Chang

Kim & Chang acted as counsel for LG Energy Solution in its IPO to list its shares on the Korea Exchange's KOSPI Market.

News & Analysis

Mexico: González Calvillo strengthens arbitration & litigation, ESG and M&A offering with partner and counsel appointments

07 September 2022 by González Calvillo

Gonzalez Calvillo (“GC”) announced today the appointment of Daniel Morán Salgado as partner and Paola Hernandez Villalvazo and Rosa Elena Coto García as Counsel with the firm.
News & Analysis

Bowmans is once again a top performer at the African Legal Awards

05 September 2022 by Bowman Gilfillan Inc

The technical expertise of leading African law firm, Bowmans, has once again been recognised. The firm walked away with four practice awards at the African Legal Awards ceremony held in Johannesburg on Friday last week (2 September).
News & Analysis

NNDKP assisted the Beverage Producers Alliance in creating the deposit return system for single-use primary packaging, including in setting up and obtaining the accreditation of RetuRO as sole administrator of the Romanian system

31 August 2022 by Nestor Nestor Diculescu Kingston Petersen

Nestor Nestor Diculescu Kingston Petersen (NNDKP) has assisted, since June 2020, the Beverage Producers Alliance comprised of the Brewers of Romania Association and the Romanian Soft Drinks Association in setting up a deposit return system (DRS) for single-use primary packaging. The assistance also included establishing and obtaining the accreditation of RetuRO SGR as sole administrator of the Romanian system.
News & Analysis

Mexico: Ritch Mueller y Nicolau represents Citigroup Global Markets and Santander Investment Securities in connection with an offer to purchase Senior Notes

24 August 2022 by Ritch Mueller y Nicolau

We represented Citigroup Global Markets and Santander Investment Securities, as dealer managers, in connection with an offer to purchase for cash up to USD$300 million of three different series of Senior Notes.
News & Analysis

Mexico: Ritch Mueller y Nicolau represents BBVA Securities, Goldman Sachs, J.P. Morgan, and Natixis Securities

19 August 2022 by Ritch Mueller y Nicolau

We represented BBVA Securities, Goldman Sachs, J.P. Morgan, and Natixis Securities, as underwriters, in connection with the offering by the United Mexican States of USD$2,203 million of its 4.875% Global Notes due 2033.
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