White & Case Advises SRC on US$5B Trust Certificates Issuance
White & Case Advises SRC on US$5B Trust Certificates Issuance. White & Case LLP has successfully advised Saudi Real Estate Refinance Company (SRC), a wholly-owned subsidiary of the Kingdom’s Public Investment Fund (PIF), on establishing a US$5 billion international trust certificate issuance programme. This strategic initiative is designed to support housing finance in Saudi Arabia […]
Police Investigate Herne Bay Snapchat Incident Involving Children
Police Investigate Herne Bay Snapchat Incident Involving Children. A police investigation is underway after primary school pupils in Herne Bay were added to an “inappropriate and offensive” Snapchat group. The incident, which caused distress to the children involved, has raised concerns about online safety for young users. Incident Details: Distress Caused to Children The troubling […]
Expro Secures $10M Contracts for Neptun Deep Gas Project in Romania
Expro Secures $10M Contracts for Neptun Deep Gas Project in Romania. Expro (NYSE: XPRO), a leading energy services provider, has been awarded over $10 million in contracts from OMV Petrom for the Neptun Deep gas project in the Black Sea offshore Romania. These contracts will see Expro provide essential services including subsea landing string (SSLS), […]
The Law Offices of Frank R. Cruz Files Lawsuit Against Maravai LifeSciences Holdings, Inc.
The Law Offices of Frank R. Cruz Files Lawsuit Against Maravai LifeSciences Holdings, Inc. The Law Offices of Frank R. Cruz have filed a class action lawsuit in the United States District Court for the Southern District of California on behalf of investors who purchased securities of Maravai LifeSciences Holdings, Inc. (NASDAQ: MRVI) between August […]
Universal Credit Website Down: Thousands Affected by Outages
Universal Credit Website Down: Thousands Affected by Outages. The Universal Credit website has been down for several hours, leaving thousands of users unable to access important services. This outage, which started at around 5 a.m. today, is also affecting other government websites, including Gov.uk and HMRC. Impact of the Outage Users are reporting widespread issues […]
Saudi Aramco Declares $21B Dividend Amid 12% Profit Drop
Saudi Aramco Declares $21B Dividend Amid 12% Profit Drop. Despite a 12% drop in its full-year net profit for 2024, Saudi Aramco is moving forward with a $21 billion dividend for the fourth quarter of 2024. This significant payout marks a 4% year-on-year increase, amounting to a total SAR80 billion ($21.4 billion). The payment will […]
Clifford Chance Advises Sri Lanka on Sovereign Debt Restructuring
Clifford Chance Advises Sri Lanka on Sovereign Debt Restructuring. Clifford Chance, alongside financial advisor Lazard, has successfully advised the Government of Sri Lanka on its sovereign bond exchange offer, marking a pivotal moment in the country’s multi-year debt restructuring process. This marks the final step in a comprehensive effort to restore Sri Lanka’s debt sustainability […]
Gibson Dunn Advises Kraft Heinz on $1B USD and €600M Euro Notes
Gibson Dunn Advises Kraft Heinz on $1B USD and €600M Euro Senior Notes Offering. Kraft Heinz Foods Company, along with its guarantor, The Kraft Heinz Company, has successfully issued $1 billion USD in senior notes and €600 million Euro in Euro-denominated notes. Gibson Dunn played a key role in advising Kraft Heinz on this landmark […]
Healthy Gulf Sues Louisiana Over CO2 Pipeline in Wildlife Area
Healthy Gulf Sues Louisiana Over CO2 Pipeline in Wildlife Area. Healthy Gulf, an environmental advocacy group based in New Orleans, has filed a lawsuit against the state of Louisiana, challenging the approval of a CO2 pipeline project that would cut through the Maurepas Swamp Wildlife Management Area. This legal action, filed in the 19th Judicial […]
Gilead Sciences Sets Aside $200M for HIV Drug Settlement
Gilead Sciences Sets Aside $200M for HIV Drug Settlement. Gilead Sciences (GILD.O) has set aside $200 million to potentially settle an ongoing investigation into its promotional speaker program for HIV drugs. The company disclosed this in a Friday afternoon securities filing, detailing its efforts to resolve the probe with the Manhattan U.S. Attorney’s office. The […]
Harvey Weinstein Responds to Adrien Brody’s Oscars Speech Mentioning His Children
Harvey Weinstein Responds to Adrien Brody’s Oscars Speech Mentioning His Children. Harvey Weinstein has responded after Adrien Brody referenced his children in his emotional acceptance speech at the 2025 Academy Awards. Brody, 51, won his second Best Actor Oscar for his role in The Brutalist and dedicated the award to his partner, Georgina Chapman, and […]
Amir Shmueli Joins Ropes & Gray’s Global Finance Practice
Amir Shmueli Joins Ropes & Gray’s Global Finance Practice. Ropes & Gray has announced that Amir Shmueli has joined the firm as a partner in the global finance practice in New York. His addition significantly strengthens the firm’s already exceptional team of over 100 finance attorneys in the U.S. and Europe. Building Strong Client Relationships […]