The Bank of Cyprus has closed around 20,000 accounts of Russians
The Bank of Cyprus has closed around 20,000 accounts of Russians. The Bank of Cyprus, which is the largest bank in the country, has terminated more than 20,000 accounts associated with approximately 7,000 Russian nationals since February 2022. The bank’s representative, Karen Le Cannu, stated that the financial institution has exclusively maintained accounts for individuals […]
Clifford Chance advises on Meituan’s US$2.5 billion bond issuance
Clifford Chance advises on Meituan’s US$2.5 billion bond issuance. Global law firm Clifford Chance has advised the Joint Global Coordinators, Joint Lead Managers and Joint Bookrunners of Meituan’s two-tranche US$2.5 billion bond issuance. Joint Global Coordinators, Joint Lead Managers and Joint Bookrunners: Goldman Sachs (Asia) L.L.C., Merrill Lynch (Asia Pacific) Limited, Morgan Stanley & Co. […]
Key Things To Look Out for When Reviewing Your Student Loan Agreement
Photo by Annika Wischnewsky on Unsplash Higher education in the United States has long been considered a gateway to better career opportunities. It is also associated with higher earnings and social mobility. However, the rising tuition, fees, housing, and other educational expenses have made it increasingly difficult for students and their families to pay for […]
Understanding Litigation Financing Figures
Source: Pexels Litigation financing, also known as legal funding, is a method of funding a lawsuit or legal dispute using resources from a third-party financial backer. If you’re running a business that has suffered losses but you have a tight budget, litigation financing may be something you want to look into as it can allow […]
DLA Piper advises GigCapital7 in US$200 million IPO
GigCapital7 IPO – DLA Advise DLA Piper recently provided legal counsel to GigCapital7, a blank check company incorporated in the Cayman Islands, during the successful completion of its initial public offering, which raised US$200 million by issuing 20 million units priced at US$10 each. These units are set to be listed on NASDAQ and will […]
Protecting Your Rights: Expert Guidance from a Seasoned Tax Attorney in Washington, DC
Navigating the labyrinth of tax laws and regulations in a major political hub can be daunting for any individual or business entity. The intricacies of tax legislation are magnified in such a setting, where local and federal laws intersect and evolve constantly. In this environment, the advice and guidance of a seasoned tax appeal lawyer […]
Understanding SMSF Financial Statements: A Practical Guide for Trustees
A guide to understand the financial statements of your fund to ensure you can navigate the documents and make beneficial decisions.
Norton Rose Fulbright Advises on Utopia of the Seas Deal
Norton Rose Fulbright, a global law firm, has provided legal advice to the lenders, led by Citi, regarding the financing and subsequent delivery of Royal Caribbean‘s newest flagship vessel, “Utopia of the Seas”. The team at Norton Rose Fulbright offered guidance on all aspects of the transaction, which included the initial financing arrangements and, most […]
White & Case advises Highview Power on £300 Million Investment
White & Case LLP, a renowned international law firm, has provided legal counsel to Highview Power, a trailblazer in long-duration energy storage, on a substantial £300 million investment. This investment, comprising both debt and equity, marks the first step in Highview Power’s plan to establish a series of commercial-scale liquid air energy storage (LAES) plants […]
Expert Insights: Legal Advice for Self-Directed Traders
Investing is more accessible than ever, thanks to the rise of online and mobile-focused brokerages. But just because it’s more accessible than before doesn’t mean that self-directed trading is for you.
The Smart Entrepreneur’s Approach to Asset Protection
Protecting your assets is an aspect of being an entrepreneur. It’s often overlooked. This detailed handbook aims to highlight methods and common mistakes when it comes to securing your business and personal assets from a variety of dangers. The goal isn’t protection but strategic risk management allowing entrepreneurs to concentrate on growth and innovation without constantly worrying about their assets being at risk.
When is it appropriate to conduct a policy limits trace?
A policy limit trace is an inquiry to determine the maximum amount of money an insurance policy will pay out in the case of a claim. It is particularly relevant in situations involving litigation or settlement negotiations where an individual’s or entity’s insurance coverage may play a crucial role. Knowing the policy limits can inform lawyers and claimants about whether potential recovery amounts from the insurance policy are aligned with the damages sought.