Knowledge Center

International Connections on Display at IPBA

These snapshots are from the WLG event Faegre Drinker hosted during the IPBA Conference in April.  It’s great to see such a strong showing from lawyers across our member...

Summit Spirit in Action: Harald’s Baltic Office Visits

Ahead of  WLG | summit Riga ’25 ,  Harald Kahlenberg  of CMS Germany visited all three Sorainen offices in Estonia, Latvia, and Lithuania—a great example of making the most of summit travel. The photos above...

Mollie Sitkowski, Faegre Drinker (Illinois, USA) Leader, WLG Trade Task Force

“I help clients navigate a fast-changing and high-stakes global trade landscape—and understand the real-world impact of evolving American trade policy.”

WLG | impact '25: Giving Back in Riga

Learn about how delegates and guests at WLG | summit Riga '25 made a local impact and about the internal CSR practices at the host firm, Sorainen.

Illumina’s Inclusion in China’s Unreliable Entity List

The article discusses the reasons behind, and the implications of, Illumina’s inclusion in China’s Unreliable Entity List, as well as compliance recommendations for multinational corporations

Thailand: Beyond 30 Years?

A recent Supreme Court decision has clarified the legal risks surrounding long-term lease structures, particularly the commonly discussed “30+30-year lease” model.

Key Tips for International Buyers to Source from China II

The article offered guidance on essential company checks on suppliers and necessary contractual protections, particularly from the perspective of small and medium-sized enterprises (SMEs).

Control in Competition Law: Key to Merger Analysis in SV

In El Salvador, control is key to defining when a merger must be notified to the Superintendence of Competition under criteria like independence, thresholds, geographic nexus, and change of control.

A "Taste" of the U.S. Food Industry: WLG Member Collaboration

This collection of photos comes from Luc Attlan of Faegre Drinker (Illinois, USA). Earlier this year, Luc met with WLG colleagues from Bech-Bruun (Denmark), Setterwalls (Sweden), PLMJ (Portugal), and Gianni & Origoni (Italy) to...

WLG Members Network at IAPP Conference

WLG members attending the IAPP Conference in Washington, DC, gathered for a networking lunch. In attendance were Ted Augustinos of Troutman Pepper Locke (member for Massachusetts, USA), Carla do Couto Hellu Battilana of TozziniFreire Advogados...

Avoiding Misclassification of Service Contracts in Panama

In Panama, service contracts may be reclassified as employment if they show labor traits, leading to legal risks. Companies must structure agreements carefully.

Costa Rica Backs Law on Financial Consumer Rights

The latest developments in the legislative process of the draft law for the protection of financial consumers.

New Law on Environmental Conservation in Nicaragua

Nicaragua approves new law creating a legal framework for managing protected areas and guiding sustainable development within them.

Honduras Tightens Tax Exoneration Controls

New SEFIN rules in Honduras boost control over tax exonerations, aiming to prevent abuse, strengthen oversight, and ensure benefits truly support national development.

Ambush Marketing: The Legal Risk Behind a World Cup Campaign

Many brands try to link with the World Cup via ambush marketing, risking legal issues. The article highlights FIFA’s strict rules and the need for legally safe campaign strategies.

Guatemala's Largest Power Generation Tender to Date

Guatemala launches PEG-5, its largest energy tender, to secure up to 1,400 MW of reliable, sustainable, and competitively priced power with a focus on renewables and innovation.

SK&S Joins WLG | impact for Another Year

We are proud to share that Sołtysiński Kawecki & Szlęzak is once again participating in WLG | impact , a global initiative uniting member firms in promoting sustainability and positive social change. This year, our team will be collecting points for both physical activities — such as walking, running, and cycling — and...

Court-Ordered Expert Proceedings under French Law

In business disputes involving technical issues, court-ordered expert investigations are often crucial. Understanding the process helps safeguard your rights.

WLG | connected: Global Trade Resources

The WLG Global Trade Resources is a public resource designed to connect businesses, in-house counsel, and law firms to trusted sources of insight and expertise from within our member firms worldwide.

AZB & Partners Advises Picus Global GmbH

AZB & Partners advised Picus Global GmbH on its investment in ReelSaga Innovations Private Limited (a mobile entertainment platform).

EC Clarifies Literacy Requirements Under the AI Act

The European Commission (EC) has published a FAQ on AI Literacy to further clarify the meaning of Artificial Intelligence literacy.

India Trade Updates - May 2025

Brief round up of recent developments relating to Trade Remedies and Non Tariff Interventions

Bridging Practice and Academia

We were honored to collaborate with Universitas Brawijaya in Malang, where our Senior Partner, Rahayu Ningsih Hoed, and Senior Associate, Hendrik Pasaribu, were invited to serve as Guest Lecturers.

Setterwalls Life Sciences Report May 2025

Business-critical legal cases, new EU requirements, and a heightened regulatory landscape. Setterwalls presents the key regulatory shifts in life sciences this spring.

Expert Guide to Navigating Global Trade Wars and Disputes

Learn how legal systems in different countries address the impact of sudden import tariffs and other trade barriers on commercial contracts

Update on Beneficial Owner Requirements

Indonesia has tightened its rules on beneficial ownership – the individuals who ultimately own, control or benefit from a company – to strengthen corporate transparency

TozziniFreire Welcomes New Partner in the Life Sciences Team

With the promotion of Victor Hugo Avallone, the firm advances in the growth of its practice

Jamie Goh, Shearn Delamore & Co.: WLG | regional ’24 attendee & first-time delegate in Riga

“Engaging with World Law Group members showed me how firms worldwide are innovating while upholding shared professional standards.”

AZB & Partners Represents Samsung Electronics

AZB & Partners represented Samsung Electronics on the India related aspects of its proposed acquisition of FläktGroup.

Ukraine Financing Forum on International Recovery Financing

The Ukraine Financing Forum, hosted by Sayenko Kharenko, successfully took place yesterday, May 15, 2025.

Eva Berlaus, Sorainen: Host Firm Managing Partner WLG | summit Riga '25

"We’re excited to engage with global legal leaders and explore how law firms can collectively shape the future of international business and investment."

CMS Reich-Rohrwig Hainz Visits Miller & Martin in Atlanta

(From left, clockwise) Joe DeLisle and John David Lind of Miller & Martin (Georgia, USA) enjoyed a meal with Irene Ng and Peter Huber of CMS Reich-Rohrwig Hainz (Austria) during the pair’s visit to Atlanta....

Legal Marketing Association Conference 2025

(L-R) Geneva Granatstein of Ballard Spahr LLP (Washington, USA), Ariana Seales of Campbells (Cayman Islands), Sheenika Gandhi of Greenberg Gusker LLP (California, USA), and Tina Chen of Arnold & Porter (Washington, DC, USA) met up at the Legal Marketing...

AZB & Partners Represents InCred Growth Partners Fund

AZB & Partners represented InCred Growth Partners Fund – I in a Series B fund raise by Celebal Technologies Private Limited having a round size of ~INR 125 Crore.

New Management & Regulation of Hazardous Waste in Costa Rica

Costa Rica repealed its SIGREP hazardous waste tracking system, replacing it with a manual process to improve efficiency, while maintaining core obligations for hazardous waste generators.

AZB & Partners Act for Yes Bank

AZB & Partners acted for Yes Bank, in a transaction where SBI along with other private sector lenders, have agreed to sell 20% of Yes Bank’s stake to Japan-based Sumitomo Mitsui Banking Corporation.

AZB & Partners Acts for Yes Bank

AZB & Partners acted for Yes Bank, in a transaction where SBI along with other private sector lenders, have agreed to sell 20% of Yes Bank’s stake to Japan-based Sumitomo Mitsui Banking Corporation.

AZB & Partners Advises Connedit Business Solutions Pvt Ltd

AZB & Partners advised Connedit Business Solutions Private Limited (owner of healthy snack brand Farmley) and its promoters in the Series C funding round of approximately US$ 40 million.

AZB & Partner Acts for KFin Technologies Limited

AZB & Partners is acting for KFin Technologies Limited on its proposed acquisition of a 51% controlling stake.

TozziniFreire Welcomes Daniel Laudisio as Partner

With almost 20 years of experience in the market, Laudisio comes to strengthen the the firm's transactional areas.

Sayenko Kharenko Shortlisted Twice at WIBLA 2025 Awards

Sayenko Kharenko announces its dual shortlisting in the prestigious Women in Business Law EMEA Awards 2025.

WLG | beyond borders: Building Resilience Key Takeaways

WLG colleagues in the Young Lawyers Forum gathered on May 7 for a panel discussion on building resilience, as part of WLG | beyond borders virtual programming.

Prop 65 Acrylamide Warning Rule Overturned in California Court

This decision delivers immediate and far-reaching relief to food manufacturers, distributors, and retailers.

AZB & Partners Act for SCHOTT Pharma

AZB & Partners is acting for SCHOTT Pharma in connection with TPG Scion Unit Trust’s acquisition of 35% stake in SCHOTT Poonawala Private Limited (“SCHOTT Poonawala”).

AZB & Partners Act for TPG

AZB & Partners is acting for TPG on its acquisition of a 35% stake in SCHOTT Poonawalla Private Limited.

The New Social Security Law: What to Know

Panama’s new Law 462/2025 completely reshapes the pension system with a more sustainable model that aims to guarantee a basic minimum pension.

New Rules to Boost Competition in Renewable Energy

At the end of April, the Parliament registered Draft Law No. 13219 on amendments to certain laws of Ukraine on improving competitive conditions for producing electricity from alternative energy source

AZB & Partners Represents Healthcaps India Ltd

AZB & Partners successfully represented Healthcaps India Limited before the National Company Law Tribunal, Chandigarh Bench, in a matter involving reduction of its share capital.

Aspects to Consider: Licensing or Franchising of Trademark

The ability to generate income without direct risk, while strengthening brand positioning and achieving expansion into new markets.

MinterEllisonRuddWatts Triumphs at IFLR Asia Pacific Awards

MinterEllisonRuddWatts has again been recognised for its outstanding contributions to the legal industry at the prestigious IFLR Asia Pacific Awards 2025.

The Non-Compete Agreement in Central America

The Non-Compete Agreement in the employment relationship and its legality in the region.

Landowners Beware: Neglected Land Risks being Seized

Use it or risk losing it! That’s the message to landowners in Indonesia from the Ministry of Agrarian Affairs and Spatial Planning (the “Ministry”)

Redefining Success in Law: Women Leaders on Purpose, Practice & the Power of Perspective

Highlights from the Women of WLG (WOW) Forum’s Women’s History Month series, where leaders shared powerful lessons on direction, leadership, and defining success on your own terms.

The Danger of "Killer Acquisitions" in Digital Markets

In competition law, “killer acquisitions” occur when large firms buy startups to eliminate future competition, harming innovation and market dynamics.

AZB & Partners Advises Fortum India Private Limited (“FIPL”)

AZB & Partners advised Fortum India Private Limited (“FIPL”) in connection with the sale of shares of FIPL and its affiliates/subsidiaries in India, to New York’s I Squared Capital.

Taylor Wessing Düsseldorf goes ÖKOPROFIT: Act for Impact

*Sustainability in action!* Taylor Wessing Düsseldorf joins ÖKOPROFIT! With concrete steps in our daily office life, we're strengthening environmental and climate protection – one step at a time.

Colleagues from Singapore and Ukraine Connect

Sean Yu Chou and Joel Quek of WongPartnership LLP (Singapore) met with Olexander Droug of Sayenko Kharenko (Ukraine) while attending the IBA Arbitration Day in London.

Meeting at ABA Antitrust Spring Meeting

Lawyers met up in Washington, DC, USA for the ABA Antitrust Spring Meeting.

Julian Harrell, Faegre Drinker: First-Time Delegate & Panelist at WLG | summit Riga '25

“I look forward to discussing the tension between federal and state climate-related policy in the U.S.A., and how those complexities impact companies navigating multi-jurisdictional and voluntary sustainability reporting... how, despite certain headwinds, several industries are still making progress on important social responsibility and...

Thailand’s Path to Tokenized Carbon Credits

The Securities and Exchange Commission of Thailand has recently introduced the tokenization of carbon credits.

Hague court: Municipalities Can Ban Fossil Fuel Advertising

On 25 April 2025, the court in The Hague ruled on the advertising ban for fossil fuels in the municipality of The Hague.

Key Changes in the 2025 BANI Rules

Earlier this year, the Indonesian National Board of Arbitration (Badan Arbitrase Nasional Indonesia – “BANI”) enacted the latest BANI Rules and Procedures (“2025 BANI Rules”).

AZB & Partners Advises 360 ONE Private Equity Fund

AZB & Partners advised 360 ONE Private Equity Fund and Bharti Life Ventures Private Limited.

AZB & Partners Advises Metafin Cleantech Finance Private Ltd

AZB & Partners advised Metafin Cleantech Finance Private Limited.

The New Organic Law Governing Nicaragua's Judicial System

The new Organic Law of the Judicial System of Nicaragua introduces significant improvements that strengthen the structure and efficiency of the country’s judicial system.

Horizontal Restraints and their Sanctions

Horizontal restraints are considered the most detrimental practices to free competition and are therefore prohibited by Law.

Suspension of Corporate Rights

Did you know your Panamanian legal entity’s corporate rights can be suspended? Learn what this means, its causes, effects, and how to resolve it.

Legal Aspects to be Considered When Joining Viral Trends

In the digital and social media era, viral trends may seem harmless, but it's important to assess them first, as some carry preventable risks.

News on Minimum Wage Increase

The President of El Salvador has sent a proposal to the National Minimum Wage Council to increase the minimum wage.

Cuatrecasas Innova: New Cuatrecasas Brand

Cuatrecasas has created Cuatrecasas Innova, a new brand grouping together all the firm’s open innovation initiatives.

Meeting the Standard of Proof in China Patent Infringements

This article presents strategies for collecting evidence for alleged infringement and approaches to address the challenges of evidence presentation in judicial practices.

Legal Insights from China Landmark AIGC Cases

The case saw, for the first time, a Chinese court provide clarification on whether content generated by artificial intelligence (“AIGC”) qualifies as a work that enjoys copyright.

Business Damage Under French Law: What Compensation?

Understanding compensable damage under French law is key for businesses seeking redress for harm caused by competitors, partners, or other economic actors.

AZB & Partners Acts for Max Estates Limited (MEL)

AZB & Partners is acting for Max Estates Limited (MEL) where MEL and New York Life Insurance Company have agreed to invest in Max Estates Noida Private Limited and Boulevard Projects Private Limited.

AZB & Partners Acts for Baylink Capital.

AZB & Partners acted for Baylink Capital, Trive Capital and West Agile Labs, LLC (Veltris).

AZB & Partners Acts for Warburg Pincus LLC

AZB & Partners is acting for Warburg Pincus LLC on the divestment of its entire stake in Ecom Express Limited.

AZB Acts for Google

AZB acts for Google in securing the first settlement order issued by the Competition Commission of India.

April 15 Tax & Private Wealth Group Key Takeaways

WLG colleagues in the Tax & Private Wealth Group met on April 15 to discuss global tax updates and opportunities for collaboration.

TozziniFreire Hires Carlos Mello and Mirella Mie Abe

The arrival of Carlos and Mirella strengthens the focus and strategic emphasis on the firm's transactional areas.

AZB & Partners Assists Coromandel International Limited

AZB & Partners assisted Coromandel International Limited, a listed company and one of India’s leading agri-solutions provider, on its acquisition of a majority stake in NACL Industries Limited.

AZB & Partners Acts for Digital Services Organization

AZB & Partners acted for modern digital services organization Improving, on its acquisition of InfraCloud.

AZB & Partners Represents Metrea

AZB & Partners represented Metrea, a leading provider of commercial air-to-air refueling (AAR), in connection with wet lease of flight refueler aircraft( FRA) (KC-135).

AZB & Partners Acts for Karan Johar of Dharma Productions

AZB & Partners acted for Karan Johar of Dharma Productions on an acquisition of a minority stake in Mumbai Art Fair Private Limited.

Thailand: Efforts to Combat Cybercrime

The Thai Cabinet has recently approved two significant draft Emergency Decrees aimed at bolstering the country's legal framework against technology-related crimes.

AZB & Partners Acts for Lead Investor Warburg Pincus

AZB & Partners acted for lead investor Warburg Pincus on IDFC First Bank’s fundraise of up to ₹7,500 crore from Currant Sea Investments BV, an affiliate of Warburg, and Platinum Invictus.

Courts Reject Theoretical Privacy Violations, Lack Standing

U.S. Courts are increasingly dismissing data breach and web tracking class actions due to a lack of standing. The case law emphasizes that plaintiffs must demonstrate injury.

AZB & Partners Represents the BLAST Group

AZB & Partners represented the BLAST Group on its strategic joint venture with Reliance Industries Limited’s wholly-owned subsidiary RISE Worldwide Limited.

Connecting at the IBA M&A in Tech Event

Lawyers from various member firms met up in Geneva, Switzerland.

Members Meet at MIPIM 2025

Lawyers from various member firms met up in France while attending MIPIM.

Julia Fünfgeld, CMS Germany: WLG | regional Athens ’25 Delegate

“WLG | regional Athens ‘25 reaffirmed the strength of our network and the importance of personal connections in delivering exceptional legal support. Across firms, tech M&A and AI integration are transforming how we work—and how we serve clients. I’m already looking forward to continuing these conversations with colleagues across Europe.”

Hergüner 2024 Q4 Energy, Infrastructure, ESG Quarterly

This issue focuses on developments in the energy sector: small modular reactors in the nuclear field, critical minerals needed for renewable energy transformation, and EVs' impact on mobility.

Sayenko Kharenko's Arbitration Practice in GAR 100

Sayenko Kharenko has been recognised as a leading international arbitration law firm in GAR 100 2025, marking its seventh consecutive appearance in this elite global ranking.

AZB & Partners Act for Siemens Gamesa

AZB & Partners acted for Siemens Gamesa on the sale of its onshore wind turbine business to a group of investors.

How AI is Shaping Dispute Resolution — And Why Collaboration Still Matters Most

Artificial Intelligence (AI) continues to be prominent in headlines — and it’s also becoming an increasingly practical tool for lawyers working in dispute resolution. In March, World Law Group’s Dispute Resolution Group came together for a lively virtual discussion exploring how firms are using AI, where it’s proving most valuable, and —...

AZB & Partners Advise in the Resolution of RCL

AZB & Partners advised the Administrator in the resolution of Reliance Capital Limited (“RCap”) under the IBC and its acquisition by IndusInd International Holdings Limited (“IIHL”).

AZB & Partners Represents the Managing Director of FabIndia

AZB & Partners successfully represented the Managing Director of FabIndia Limited in a revision petition filed before the Punjab and Haryana High Court (P&H HC).

WLG | impact '25: Giving Back to Italy

Through our GOP CARES programme, GOP continues to carry out and consolidate many initiatives dedicated to the environment (GOP Cares Green), its people (GOP Cares Social), and governance (GOP Care

SyCipLaw Authors Philippine Chapter of Chambers Guide on Tax

SyCipLaw Authors Philippine Chapter of Chambers Global Practice Guide: Corporate Tax 2025

AZB & Partners Advise InCred Growth Partners Fund I

AZB & Partners advised InCred Growth Partners Fund I (co-investor with PAG) in acquiring a minority stake in Manjushree Technopack from AI Lenarco Midco Limited.

Making the Most of the IBA Annual Conference: Planning for Success Beyond the Sessions

Each year, the International Bar Association’s Annual Conference brings together thousands of lawyers from around the world. This November, Toronto will host the global legal community for a week of learning, networking, reconnecting, and relationship-building. For many firms, attending the IBA Conference isn’t just about what...

Thailand Introduces New Film Legislation

The Thai Cabinet has introduced a draft Film Act, which replaces the existing Film and Video Act, and aims to enhance the competitiveness of the domestic film industry.

New Ruling Reinforces Limits on Automatic Stay Waivers

New Ruling Reinforces Limits on Automatic Stay Waivers

Texas Legislature Proposes Amendments

Texas Legislature Proposes Amendments to Texas Business Organizations Code

AI Boom and Trump's Energy Polices

AI boom and Trump’s energy policies fuel optimism for natural gas dealmaking

U.S.A. News & World Report Honors Hunton

U.S.A. News & World Report Honors Hunton as a 2025 Best Companies to Work For: Law Firm

Oksana Ilchenko Joins Sayenko Kharenko

Sayenko Kharenko is pleased to welcome Oksana Ilchenko as a new partner. She will strengthen the firm’s Corporate and M&A practice and will foster employment practice.

Javier Fontcuberta, New Managing Partner of Cuatrecasas

Appointments of Javier Fontcuberta as new managing partner, Rafael Fontana as non-executive senior partner until December 31, 2025, and Luis Pérez de Ayala as the new non-executive senior partner.

WLG | impact '25: Giving Back in Athens

Learn about how delegates and guests at WLG | regional Athens ’25 made a local impact and about the internal CSR practices at the host firm, Bahas, Gramatidis & Partners.

Enhancing Sustainability Report Disclosures

In 2024, Taiwan’s Financial Supervisory Commission took steps to improve the quality of sustainability report disclosures.

China Upgrades Toolkits for Foreign IP Disputes

Updates on China Upgrades Toolkits Dealing with Foreign-Related IP Disputes

FQAs on China’s Export Control and Anti-Sanction Lists

Updates regarding FQAs on China’s Export Control and Anti-Sanction Lists

AZB & Partners Advises Aditya Birla Real Estate

AZB & Partners is advising Aditya Birla Real Estate, a listed company of the Aditya Birla Group, on the proposed sale of its pulp and paper undertaking to ITC for INR 3,498 crores.

Bruchou & Funes de Rioja Announces Two New Partners

Bruchou & Funes de Rioja has appointed Leandro Exequiel Belusci and Pablo Crimer as new partners in its Banking & Capital Markets and Environmental Law Departments, respectively, effective April 1st.

Members Meet to Hit the Slopes

Niels Kornerup of Bech-Bruun (Denmark), David Barbour of Hunton Andrews Kurth LLP (Texas, USA), Hanna Shea of WLG (New York, USA), and Per Lidman of Setterwalls (Sweden) met to ski at Beaver Creek Resort in Colorado, USA.

Sayenko Kharenko won the 2025 CEELM Deal of the Year Award

Sayenko Kharenko has won the prestigious 2025 CEELM Deal of the Year Award for its role as Ukrainian legal counsel in Trans-Oil Group’s USD 550 million Eurobond issuance.

ICC YAAF x Young PIArb x ALS Host Engaging Panel on ADR

ICC YAAF x Young PIArb x ALS Host Engaging Panel on Careers in Alternative Dispute Resolution

WLG | impact '25: Giving Back in Auckland

Learn about how delegates and guests at WLG | regional Auckland ’25 made a local impact and about the internal CSR practices at the host firm, MinterEllisonRuddWatts.

Cuatrecasas Increases Revenue by 12.2% and Tops €436 million

Cuatrecasas has closed the 2024 fiscal year with a business volume of €436.1 million, 12.2% more than the previous year.

AZB & Partners Acts for JSW Energy Limited

AZB & Partners acted for JSW Energy Limited in acquiring thermal power plant KSK Mahanadi Power Company Limited under the Insolvency and Bankruptcy Code, 2016.

Ukraine Allows Military Tech Transfer to Private Companies

Private defence companies gain access to state military tech as Ukrainian Government approves Resolution No. 279 on March 9, 2025, allowing transfer of state-owned technologies to private sector

Natural Disasters: The Importance of Crisis Management

Natural Disasters: The Importance of Business Crisis Management

Agreement No. 01/2025 and the Modernization of the Foreign Reinsurance Registration in Panama

The Superintendency of Insurance and Reinsurance of Panama has issued new regulations applicable to the registration of foreign reinsurers and reinsurance brokers not established in Panama.

Dormant Entities and the Tax Exposure Arising from Unexplained Increases in Net Worth

This article explores the tax exposure dormant entities face in Costa Rica, particularly regarding the presumption of unjustified increases in net worth. It discusses the mandatory D-195 informational return and highlights the critical role of proper accounting records in minimizing potential tax contingencies.

New Foreign Investment Law in Nicaragua

New Foreign Investment Law, which aims to establish the legal provisions for the promotion, encouragement, facilitation, formalization, follow-up and management of foreign investments in Nicaragua.

Tax Reform in Honduras: Key Changes Under Discussion

Honduras' ongoing tax reform, the Tax Justice Law, aims to shift from a territorial income tax to a worldwide income tax. The reform also introduces the beneficial owner concept to enhance international information exchange, building on last year’s Country-by-Country Reporting requirement for multinationals. We will provide updates as the law...

Legislative Amendments in Relation to Early Childhood Care Centers

CAPIS are a manifestation of social security in favor of the family and their operation is in force, to guarantee the rights of children.

New Provisions for Food Sanitary Registrations

New provisions of sanitary registrations of processed foods following the entry into force of RTCA 67.01.31:20 in August 2024.

Anti-Money Laundering Obligations for Factors, Cheque Cashers, and Financing/Leasing Entities; Declaration and Record Keeping Requirements for Traders

Recent amendments to regulations under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (the “PCMLTFA”) introduce anti-money laundering compliance obligations for factors, cheque cashers, and financing or leasing entities as of April 1, 2025.

Cuatrecasas Advises Inocsa on Takeover Bid

Cuatrecasas has advised Inocsa on launching a voluntary takeover bid for the remaining 37.97% stake that it does not already hold in the Catalana Occidente Group (GCO).

Cuatrecasas Hosts III International Congress on Law and Artificial Intelligence

Cuatrecasas and the University of Deusto Law School, in collaboration with Marsh McLennan, held the III International Congress on Law and Artificial Intelligence on March 27 and 28.

AZB & Partners Advises Tata AutoComp Systems Limited

AZB & Partners acted as India Counsel for Tata AutoComp Systems Limited on its acquisition of 80% shareholding in Artifex Interior Systems Ltd. The shares were purchased from Jaguar Land Rover Venture

AZB & Partners Advise Sorabjees on Haymarket India Share Sale

AZB & Partners represented Hormazd Sorabjee and Naheed Sorabjee in connection with the sale of their shareholding in Haymarket Sac Publishing (India) Private Limited (“Haymarket”) to Valuedrive Technologies Private Limited (which owns and operates the used car retailing platform, “Spinny”).

Are You Leading or Lagging? Mentoring Your Firm’s Female Talent - Key Takeaways

WLG’s Corporate Social Responsibility (CSR) Forum met for a timely discussion in honor of Women’s History Month: Are You Leading or Lagging? Mentoring Your Firm’s Female Talent . Moderated by CSR Forum Chair Janet Pahima of Herzog Fox & Neeman (Israel), the panel brought together experienced leaders from across the network— Jonathan...

Gianni & Origoni Strengthens its Hong Kong Office

Gianni & Origoni strengthens its Hong Kong office.

Sayenko Kharenko Backs Veteran-friendly Business Principles

Sayenko Kharenko joined the American Chamber of Commerce in Ukraine’s initiative by signing the Veteran-Friendly Business Principles to support veterans’ reintegration into civilian life and work.

AZB & Partners Represented KKR in Darwinbox Minority Investment

AZB & Partners represented KKR in connection with its minority investment in Darwinbox.

Sayenko Kharenko Claims Top Spots in Legal 500 2025

Sayenko Kharenko has reaffirmed its position among Ukraine’s leading law firms in the latest edition of The Legal 500.

Cuatrecasas Advises CIE Automotive

Cuatrecasas has advised CIE Automotive on formulating a voluntary and partial public tender offer for 9.6% of its share capital, for up to a maximum of €278.9 million.

Cuatrecasas Advises Schroders Greencoat

Cuatrecasas has advised Schroders Greencoat on acquiring 49% of a 400 MW wind and solar portfolio from Repsol Renovables. The assets are valued at €580 million.

Ukraine Moving Toward GDPR-Size Penalties: Key Takeaways

Ukraine takes another step toward modernizing personal data protection with Parliament passing Draft Law No. 8153 "On Personal Data Protection" in first reading on November 20, 2024.

AZB & Partners Advise Tata AutoComp on IAC Sweden AB Acquisition

AZB & Partners advised TATA AutoComp Systems Ltd on its agreement to acquire International Automotive Components Group (IAC) Sweden AB, a renowned Swedish manufacturer of interior systems and components for the automotive industry, with turnover of approximately US$ 800 million, and having key relationships with Volvo Cars, Volvo Trucks, Scania,...

Sayenko Kharenko Partners with Subsoil Users of Ukraine

Sayenko Kharenko and the Association “Subsoil Users of Ukraine” (ASUU) have signed a partnership agreement to officially collaborate on developing the mining sector.

New Legislation Enhancing Protection for Bona Fide Purchasers

On March 12, 2025, the Verkhovna Rada of Ukraine adopted the Law “On Amendments to the Civil Code of Ukraine on Strengthening the Protection of the Rights of a Bona Fide Purchaser”.

Sayenko Kharenko Leads 2025 Chambers Europe Rankings

Sayenko Kharenko has achieved exceptional recognition in the prestigious Chambers Europe 2025 rankings, firmly establishing itself as Ukraine’s No.1 law firm for legal excellence.

Parent Trap

Parent trap: CJEU rules on international jurisdiction in parent-subsidiary liability cases

Comprehensive Water Management in Costa Rica: A Commitment to the Future

Explore how ESG drives sustainable water management in Costa Rica, supported by specialized services like those offered by Arias.

Hee Jae Suk of Bae, Kim & Lee LLC: WOW Forum Member

"I appreciated the opportunity to attend two sessions of Women of WLG’s “Excellence in Practice & Beyond.” These sessions provided valuable insights through networking, guest speakers, and engaging breakout discussions. One key takeaway that particularly resonated with me was the importance of being myself."

AZB & Partners Advises OSM Thome on JP Morgan Stake Acquisition

AZB & Partners is acting for global ship management company OSM Thome Ltd (“OSMT”) and its Indian subsidiaries on the acquisition of stake in OSMT by JP Morgan Asset Management from Brookfield Oaktree Holdings LLC, including the acquisition of stake in the Indian subsidiaries. Our AZB deal team comprises our Senior Partners Divya Mundra and...

New Compliance Considerations for Natural Resource Exporters

More than two years have passed since the government issued Government Regulation (“GR”) No. 36 of 2023 on Export Proceeds from the Business, Management, and/or Processing of Natural Resources

AZB & Partners Advise Sanmar on JSW Green Energy Power Project Investment

AZB & Partners advised Sanmar on its investment in JSW Green Energy Nine Limited for setting up a Captive Power Project, strengthening the group’s commitment to #green, #sustainable and cost-efficient power consumption.

Kate McNeece host of CBA’s Counterfactual Podcast: Fair Trade?: North American Competitiveness, Tariffs and Trade with Professor Meredith Lilly

Goodmans Counsel Kate McNeece hosts CBA’s Counterfactual podcast episode 22, Fair Trade?: North American Competitiveness, Tariffs and Trade with Professor Meredith Lilly.

Netherlands Implements RED III Targets for Green Hydrogen

The Netherlands implements RED III targets for green hydrogen consumption, with important exemption for users without a hydrogen grid connection.

Women of WLG (WOW) Forum Key Takeaways

WLG's Women of World Law Group (WOW) Forum recently held two virtual sessions on Excellence in Practice. Sessions included women leaders sharing insights about their careers and engaging in small-group discussions focused on leadership and personal development. In the first session, Christine McCay, Managing Partner of...

Sayenko Kharenko Strengthens Position in Ukraine’s Energy Market Through Partnership With Gas Traders of Ukraine

Sayenko Kharenko and the Association “Gas Traders of Ukraine” (AGTU) have signed a membership and partnership agreement, opening new opportunities for developing Ukraine’s gas market.

AZB & Partners Guides Air India's Landmark Aircraft Financing Deal

AZB advises Air India and GIFT subsidiary on first Indian Bank aircraft financing to airline Yet another first in the aviation financing space! AZB & Partners advised Air India Limited and its GIFT City subsidiary, AI Fleet Services, on the first Indian Bank aircraft financing for an Indian airline. With this deal, Axis Bank becomes the first...

AZB & Partners Advises on Jubilant's Coca-Cola Bottling Stake Acquisition

Group’s acquisition of a 40% stake in Hindustan Coca-Cola (the bottling arm of The Coca-Cola Company in India), where entities managed by Goldman Sachs will be making an investment in the Jubilant Bhartia Group’s acquiring SPV for the purposes of the aforesaid transaction. Our deal team comprised our Senior Partner Nandish Vyas, Partners...

SyCipLaw and NFALA Host Inaugural Legal Symposium on Property Law and Immigration

SyCipLaw, in partnership with the National Filipino American Lawyers Association (NFALA), hosted its first legal symposium focusing on property purchases, succession, and immigration. The event took place at the SyCipLaw Center in Makati City as part of the Firm’s 80th anniversary celebration.

Financing Company Regulations Amended in OJK Regulation

From the proliferation of buy-now, pay-later services to tougher capital and governance requirements, Indonesia’s Financial Services Authority (“OJK”) is ensuring the regulatory framework

ERC Sandbox: Thailand’s Pilot Virtual PPA

The Thai Energy Regulatory Commission launched the “ERC Sandbox”, an innovative regulatory initiative designed to foster the development of innovative energy solutions.

Campbells advises Avianca Group on US$1 Billion Senior Secured Notes Offering

Campbells LLP is pleased to have advised Avianca Group on all Cayman Islands aspects of its offer to exchange its existing senior secured notes for newly issued senior secured notes and its concurrent offering of $1.0 billion aggregate principal amount of its senior secured notes due 2030, proceeds from which were used to redeem certain of...

AZB & Partners Advises Clean Max on Joint Venture with DJ Renewables

AZB & Partners acted for Clean Max Enviro Energy Solutions Private Limited (“CMES”) on setting up a 51:49 joint venture between CMES and DJ Renewables Pte. Ltd. (“JP Conso”) (a consortium between Osaka Gas Pte. Ltd. and Japan Bank of International Cooperation) wherein CMES will hold 51% while the remaining 49% will be held by JP Conso. The joint...

Canadian Securities Regulators Publish Temporary Exemptions For Derivatives Data Reporting Requirements

On February 20, 2025, the Canadian Securities Administrators (CSA) introduced temporary exemptions from certain derivative data reporting requirements relating to unique product identifiers for commodity derivatives. The temporary exemptions allow market participants to continue using existing unique product identifiers for commodity derivatives...

Cuatrecasas Leads Innovation Discussion at 4YFN

Cuatrecasas has participated in Four Years From Now (4YFN), an event held within the Mobile World Congress Barcelona 2025.

Legal Practice in the Age of AI: How Artificial Intelligence is Reshaping Law in Argentina and the United States

Artificial intelligence (AI) has revolutionized numerous industries, and the legal field is undergoing a similar transformation. In 2024, we have seen how AI tools are increasingly shaping legal practice, from automating routine administrative tasks to supporting judicial decision-making.

Sustainability Strategies in the Value Chain as Tools for Business Competitiveness

Sustainability strategies in the value chain aim to integrate responsible practices at each stage of the process to reduce environmental impact, improve efficiency, lower costs, strengthen brand reputation, and increase customer satisfaction.

The Investment Canada Act in Rapidly Changing Times

The decision of the U.S. government to at least temporarily impose 25% tariffs on most Canadian exports raises novel questions about the treatment of U.S. investments into Canada. This update summarizes the framework for treatment of U.S. investment into Canada and considers how recent developments might impact that treatment. It also describes...

Christine McCay: Boston Office Managing Partner, Troutman Pepper Locke (Massachusetts, USA)

"One of the most important tools I have found in building a network is keeping in touch with old friends and former colleagues. You never know where someone’s career might take them and how you might be able to help them, but many really interesting opportunities can come from relationships that you already have."

Thailand: New Security Measures for Mobile Banking Services

A Bank of Thailand notification sets out new security guidelines for enhancing the safety and reliability of financial services and payments conducted through mobile devices.

A Snapshot of Third-Party Funding in the Mainland of China

Nowadays, modern forms of third-party funding or third-party financing (“TPF”) are no longer novelties in international arbitration. Even if the nature and legality of TPF remain contested in some jurisdictions, the development of TPF in dispute resolution has become unstoppable. This article provides a snapshot of TPF in the mainland of China.

Your Guide to Halal Certification in Indonesia

As the country with the largest Muslim population, Indonesia has an important responsibility to ensure the halal status of products consumed and used by its vast Muslim community.

M&A Market Trends in Spain in 2024

Spain's M&A market outlook and M&A market trends

CBAM Simplification Proposal

The European Commission has published a review of the Carbon Border Adjustment Mechanism (“CBAM”)

Changes to Trademark Proceedings Coming into Effect April 1, 2025

Amendments to the Trademarks Regulations will take effect on April 1, 2025. These changes are part of broader updates to the Trademarks Act, introduced through the Budget Implementation Act, 2018, No. 2 (Bill C-86), and will impact trademark proceedings in Canada.

Mandatory Registry of Large Property Holders and New Rights

In Catalonia large property holders must register in the registry and, in the case of a sale, the Catalan government could buy their properties.

AZB & Partners Guides ₹913 Crore Vega City Mall Acquisition

AZB & Partners advised the sellers on Nexus Select Trust’s acquisition of Vega City shopping mall in Bengaluru for a total enterprise value of ₹ 913 crores. Our deal team comprises our Senior Partner Bhuvana Veeraragavan, Partner Malini Raju, Counsel Adoksh Shastry, Associates Anjali Sasikumar, Advait Raghunath, Anshu Maheswari and Khyati...

Sayenko Kharenko Shortlisted for IFLR Europe Awards 2025 in Two Categories

Sayenko Kharenko has secured a place on the exclusive shortlist for two prestigious categories at the International Financial Law Review (IFLR) Europe Awards 2025, reinforcing the firm’s position at the forefront of legal excellence amidst challenging market conditions.

AZB & Partners Advises Multiple Companies

AZB & Partners recently advised and represented Kotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, J.P. Morgan India Private Limited, HSBC Securities and Capital Markets (India) Private Limited, and IIFL Capital Services Limited (formerly known as the IIFL Securities Limited) as the book running lead managers...

Panama Approves New Law Regulating Hemp Industry

Industrial hemp is an extremely versatile plant, as it can be used in various sectors such as textiles, food, automotive, and construction, among others. Therefore, the creation of a legal framework for the production, marketing and export of hemp in Panama is the starting point for a thriving industry, which can be exploited by local and...

Annual General Meeting

Please be informed that, according to the Costa Rican law, companies must hold their Annual General Meeting within three months after the closing of the fiscal year.

Amendments to the General Law of Banks, Non-Banking Financial Institutions and Financial Groups

The amendments to the General Law of Banks, Non-Banking Financial Institutions and Financial Groups were approved, the purpose of which is to strengthen the regulatory framework of the sector and the role of the financial regulator.

Online Approval of Internal Labor Regulations and Certifications With SOL

With Ministerial Agreement No. 569-2024 issuance, the possibility of requesting approval of Internal Labor Regulations and requests for Certification issued by the General Labor Directorate is added to the services available in the “SOL” platform, thus simplifying the administrative procedure.

New Special Law on Waste Collection, Utilization, and Final Disposal

Learn how the recently enacted Special Law on Waste Collection, Utilization, and Final Disposal governs waste management, collection, and final disposal. The Law establishes the National Authority of Solid Waste (ANDRES) and outlines the responsibilities of waste generators and managers. Discover the penalties and new regulations in this article.

Formal Requirements of Promise-to-Sell Agreements for Real Estate and Its Registration Thereof

The content addresses the formal requirements in promise-to-sell agreements for real estate in Guatemala, and from such standpoint, all which is relative to its registration with the Property Registry.

AI Literacy, Let's Get to Work

Since the rise of ChatGPT and other forms of generative AI, AI has been used in the execution of work in almost all companies. If that applies to your company, there is work to be done.

Sayenko Kharenko Contributes to Initiative on Lifting Moratoria on Enforcement Against State-Owned Enterprises

Sayenko Kharenko has contributed to the initiative on lifting the Moratoria on enforcement against state-owned enterprises in Ukraine. The firm’s team, including Olexander Droug and Alina Danyleiko (International Arbitration practice), Anton Korobeynikov and Oleksander Olshansky(Banking and Finance practice), Olena Sukmanova and Oleksiy Koltok...

AZB & Partners Advised Prosus

AZB & Partners advised Prosus in an INR 250 crore fund raise by Captain Fresh, a tech-led seafood supply chain company.

AZB & Partners Acts for Greenpark Hotels

AZB & Partners acted for Greenpark Hotels on its acquisition of Four Points by Sheraton Chennai OMR. This marks Greenpark’s third hotel acquisition in Chennai and its third property in collaboration with Marriott Hotels.

Cuatrecasas Advises 4Founders Capital

Cuatrecasas has advised 4Founders Capital SGEIC, S.A ("4Founders Capital”) on incorporating European venture capital vehicles.

AZB & Partners Acted for Waterfield Advisors

AZB & Partners acted for Waterfield Advisors in securing USD$ 18 million in a round led by Jungle Ventures. Our deal team comprised our Senior Partner Bhuvana Veeraragavan, Senior Associate Mridula Sriram, Associates Anjali Sasikumar, Varun Anand, Anshu Maheswari and Advait Raghunath, with support on tax aspects from our Partner Aditya Singh...

AZB & Partners Advised EDF on its joint venture with Beacon Meters Limited

AZB & Partners advised EDF on its joint venture with Beacon Meters Limited (part of Actis Capital) to set up a platform (Bharat Grid Private Limited) for developing and operating smart metering projects in India under the RDSS scheme. AZB also advised on the tender submissions made by Bharat Grid Private Limited and drafting the project...

ESG Enforcement Key Takeaways

WLG colleagues in the ESG Group met on February 25 to discuss ESG practices and regulatory updates, sharing updates from across jurisdictions.  Here are the key takeaways:  The European Commission has released an "omnibus package" to simplify ESG regulations. The changes include reducing reporting...

TozziniFreire Advogados Unveils E-book on Healthcare and Life Sciences Legislation

TozziniFreire Advogados has launched the e-book "Regulatory Aspects in Life Sciences and Healthcare," a relevant material for professionals who wish to deepen their understanding of the legislation governing the Health and Life Sciences sector.

Cuatrecasas Advises Tectum Investment Managers

Cuatrecasas has advised Tectum Investment Managers (“Tectum”) on creating a collective investment vehicle, Tectum BTR SICC, to promote affordable rental housing.

DANANTARA: Indonesia’s New Sovereign Wealth Fund

Indonesia has launched a new sovereign wealth fund that will take charge of key state-owned enterprises (“SOEs”), with the aim of maximizing dividends, increasing investment opportunities, and attract

Michal Herzfeld: New Key Contact Partner Herzog Fox & Neeman (Israel)

"The Women of WLG are generous with their time and enjoy meeting colleagues of all ages. It’s mutually beneficial to have mentors, advisors, and contacts outside your own law firm and even outside your home country.”

State of Regulations on AI Key Takeaways

WLG colleagues in the Technology Group held a round-robin discussion on the State of Regulations on AI on February 11 with 19 participants from various jurisdictions. Read our key takeaways below.  Key Takeaways   German and Austrian members view the EU AI Act as overly prescriptive, raising...

Sayenko Kharenko Consolidates its Market Leadership in Chambers Global 2025

Chambers Global, the world’s leading legal directory, has unveiled its 2025 rankings, reaffirming Sayenko Kharenko’s market-leading position among Ukraine’s top three law firms. Notably, this edition marks the first time since the full-scale war in Ukraine that Chambers has resumed its traditional band-based ranking system, highlighting its...

Cuatrecasas Advises Bergé y Compañía on Deal with A.P. Moller Capital

Cuatrecasas had advised investment holding company Bergé y Compañía on signing a binding agreement with infrastructure manager A.P. Moller Capital.

Cuatrecasas Structures Cemex Dominicana Deal & Financing

Cuatrecasas has advised Cementos Progreso Holdings S.L.

Cuatrecasas Advises J.C. Flowers on Heymondo Majority Stake Acquisition

Cuatrecasas, Gonçalves Pereira advised J.C. Flowers & Co., an American investment fund specializing in financial services, on acquiring a majority shareholding in insurtech company Heymondo.

Cuatrecasas Advises Bondholders on OHLA Recapitalization

Cuatrecasas has advised an ad hoc group of bondholders on the comprehensive recapitalization of Obrascón Huarte Laín, S.A. (“OHLA”).

Thailand Entertainment Complex Legal Watch: Issue #2

Thailand is making significant strides toward the establishment of entertainment complexes featuring integrated casinos.

Part 2: Deregulation, REMIT and Connection to the Electricity Grid

In our previous publication, we analysed amendments in the energy markets introduced by the Law of Ukraine “On Amendments to Certain Laws of Ukraine in the Energy and Heat Supply Sectors to Improve Certain Provisions Related to the Conduct of Business and Effect of Martial Law in Ukraine” No. 4213-IX dated 14 January 2025 (Law), which relate to...

SyCipLaw Recognized in 2025 WTR1000, Retains Gold Ranking

Global research publication WTR1000 has given SyCipLaw a Gold ranking in the 2025 edition of its directory, a ranking the Firm has held since 2021. The WTR1000 search focuses on legal trademark expertise.

AZB & Partners Represents Neo Group

AZB & Partners represented the investment arm of Neo Group on its investment in Nobel Hygiene, which is engaged in manufacture and sale of baby and adult diapers, and other disposable and absorbent hygiene related products.

Cuatrecasas Advises Samy Road

Cuatrecasas has advised Samy Road, its founders and its institutional shareholders on an agreement to sell the controlling interest of its share capital to Bridgepoint.

Cuatrecasas Advises Wellma

Cuatrecasas has advised Wellma, a leading European group in the development and production of nutraceuticals and pharmaceuticals, in its strategic partnerships with Nutrifundiet.

AZB & Partners Acts for Lumenci

AZB & Partners acted for Lumenci in a transaction where VSS Capital Partners (a private investment firm investing in healthcare, education and business services industries) made a recent investment in full-services IP consulting firm Lumenci, Inc., in association with private equity firm Century Equity Partners.

Supreme Court Resolves Regulatory Ambiguity Between IBC and Competition Act

The Competition Act, 2002 mandates the Competition Commission of India (“CCI”) to regulate large sized mergers and acquisitions beyond high value thresholds (in terms of assets or turnovers) prescribed for “combinations” under the Competition Act, 2002 (“the Act”) to assess whether such transactions could adversely affect competition in the...

Meralco, AboitizPower, and San Miguel Corp. Complete $3.3 Billion Deal for Integrated LNG Facility in Batangas

Meralco PowerGen Corporation (MGen), Therma NatGas Power Inc. (TNGP), and San Miguel Global Power Holdings Corp. (SMGP) have officially finalized their US$3.3 billion deal, marking a major step forward in the development of an integrated liquefied natural gas (LNG) facility in Batangas. The completion of the financial arrangements paves the way...

Verkhovna Rada Launches Institute for Parallel Import of Medicines in Ukraine

On 1 January 2025, the Law of Ukraine No. 3860-IX dated 16 July 2024, “On Amendments to Certain Laws of Ukraine on Parallel Import of Medicinal Products” (the “Law No. 3860-IX“), have come into force.

EU’s DORA Regulation: Is It A Basis For Director Liability In The Netherlands?

On 17 January 2025, the Digital Operational Resilience Act (DORA) went into force, introducing ongoing obligations for financial entities, such as maintaining registers of information, which the Dutch Authority for Financial Markets (AFM) will actively supervise. The following article summarises the new ICT risk management framework that DORA...

SyCipLaw’s Carina C. Laforteza Appointed as President of the Tax Management Association of the Philippines for 2025

SyCipLaw is pleased to announce the appointment of Carina "Caren” C. Laforteza as the President of the Tax Management Association of the Philippines (TMAP) for the year 2025. The induction of this year’s TMAP officers and directors was held on February 6, 2025, at the Makati Diamond Residences.

Part 1: Deregulation, REMIT and Connection to the Electricity Grid

On 9 February 2025, the Law of Ukraine “On Amendments to Certain Laws of Ukraine in the Energy and Heat Supply Sectors to Improve Certain Provisions Related to the Conduct of Business and Effect of Martial Law in Ukraine” No. 4213-IX (the Law) entered into force. The Parliament adopted the Law on the 14 January 2025 based on the Draft Law No....

OJK Issues Long-Awaited Regulation on Alternative Credit Scoring

Indonesia’s Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) has issued a regulation that aims to make it easier for low-income earners and small businesses to access loans, even if they lack traditional credit histories.

AZB & Partners Advises Cube Highways Trust

AZB & Partners advised Cube Highways Trust in acquisition of Quazigund Expressway Private Limited and Athaang Jammu Udhampur Highway Limited from National Investment and Infrastructure Fund (NIIF) in Jammu and Kashmir, and also advised Cube Highways Infrastructure V Pte. Ltd. in acquisition of Athaang Devanahalli Tollway Private Limited from...

AZB & Partners Represents Premji Invest

AZB & Partners is representing Premji Invest - the global investment arm of Mr Azim Premji, in its proposed investment in Akasa Air, India’s fastest growing airline. Along with Premji Invest, Akasa has also secured funding from Claypond Capital - the investment office of Dr. Ranjan Pai and funds managed by 360 ONE Asset. Independently, the...

The Department of Justice’s Policy Changes — Key Takeaways for the Business Community

DOJ has redirected its focus toward combating illegal immigration, human trafficking and transnational organized crime, and ordered that resources previously dedicated to corporate and foreign influence enforcement be reallocated to those areas.

Miller & Martin and Davies, Ward, Phillips & Vineberg Meet During Recent Travels

Tom Schramkowski of Miller & Martin PLLC (Georgia, USA), Justin Vineberg of Davies Ward Phillips & Vineberg (Québec, Canada), Joe DeLisle of Miller & Martin PLLC, Jordan Altman of Davies Ward Phillips & Vineberg, and John David Lind of Miller & Martin PLLC shared a meal during their recent travels.

Netherlands DSA Implementation Act enters into force

On 4 February 2025, the Dutch Digital Services Act Implementation Act, the legislation transposing the EU Digital Services Act (DSA) into law in the Netherlands, entered into force, fulfilling an important requirement of the DSA: to designate national supervisory authorities by the deadline of 17 February 2024. The following article is an...

Digital Asset Advertising in Notification Proposed by the SEC

Recognizing the unique challenges and risks associated with digital assets, the Office of the Securities and Exchange Commission of Thailand (“SEC”) has been proactive in establishing guidelines to govern the advertising practices of digital asset businesses.

Erika Delgado Rubio: BD Specialist at Payet, Rey, Cauvi, Pérez Abogados

"I would define my career path with the term multipotentiality—the ability to integrate knowledge and skills from different fields to create innovative solutions."

WTR 1000 Distinguishes Sayenko Kharenko’s IP expertise with Individual and Firm Rankings

In a significant acknowledgement of its intellectual property practice excellence, Sayenko Kharenko has been ranked in the bronze league by World Trademark Review (WTR) 1000, the definitive guide to trademark legal services. This recognition underscores the firm’s commitment to delivering IP solutions that drive business success in an...

Artificial Intelligence and Insurance

A lot has been published about the opportunities that AI brings forth as well as the legal risks which it entails. Have you ever wondered to which extent insurance could be an alternative in mitigating risks associated with the integration of Artificial Intelligence (AI) into your daily business? Continue reading this article.

Thai SEC’s Public Hearing Regarding Acceptance of USDC and USDT (Tether)

The Thai Securities and Exchange Commission has been continuously updating and adjusting its regulations to keep pace with the evolving landscape of digital assets.

The Draft Digital Platform Economy Act: New Regime for Digital Platforms

The Government of Thailand has drafted the Digital Platform Economy Act to respond to the growing influence of digital platforms on the economy and society.

AZB’s Competition Team Advises Bharti

AZB’s Competition Team, strategically advised and successfully represented Bharti in obtaining CCI approval for the 100% acquisition of Del Monte Foods Private Limited by Agro Tech Foods Limited from its promoters – Bharti entities and DMPL India Limited in exchange for these entities acquiring proportionate shares in Agro Tech Foods Limited, as...

SyCipLaw Announces New Special Counsel Promotions

SyCipLaw is pleased to announce the promotion of Austin Claude S. Alcantara and Rosevee R. Paylip-Guiang to Special Counsel, effective January 1, 2025.

AZB & Partners advised PeerCapital on its investment in Tyreplex Technologies.

AZB & Partners advised PeerCapital on its investment in Tyreplex Technologies (a B2B platform for procurement of tyres and auto accessories). The funding round also saw participation from Sattva, Titan Winners Fund, 9Unicorns Accelerator Fund, and Venture Catalysts Angel Growth Fund.

Sayenko Kharenko’s Market-Defining Deals Were Shortlisted for CEE Deals of the Year 2024

In a year of transformative financial transactions, Sayenko Kharenko’s innovative approach to complex deals has earned recognition at the CEE Deals of the Year Awards 2024. Two landmark deals were shortlisted for the ranking, indicating the firm’s successful performance even in challenging conditions.

AZB & Partners Advises ArisInfra Solutions Limited

AZB & Partners advised ArisInfra Solutions Limited, a tech-enabled platform for construction material procurement, along with certain family offices who are shareholders in it, on its pre-IPO round for INR 80 crores.

Understanding Indonesia’s New VAT Calculations

Indonesia’s valued added tax (“VAT”) rate was by law increased from 11% to 12% in January 2025, but the move did not quite go as planned. A last-minute announcement by President Prabowo Subianto on 31 December 2024 halted the hike for most goods and services. Instead, the 12% rate now applies only to the delivery and import of luxury goods such...

Update of the Tax Plan of the Municipality of San Pedro Sula for 2025

Emanuel López, associate in Honduras, expert in Administrative Law and Compliance shares this article on the Municipality of San Pedro Sula and the approval of the new Tax Plan for 2025.

Netherlands Labor Law 2025: Key Changes and What’s Ahead

In 2025, labor law in the Netherlands has undergone several changes. This article covers the most important changes and the legislative adjustments planned for the future.

Labor & Employment 2025 Trends & Collaboration Opportunities Key Takeaways

WLG's Labor & Employment Group held its first meeting of 2025 on January 21. Participants  discussed key 2025 trends, collaboration opportunities, and the L&E conferences taking place this...

Redefining Legal Certainty: The Constitutional Court’s Rulings on Arbitration Law

The Constitutional Court of Indonesia (“Court”) has clarified the definition of international arbitration awards and upheld the procedural fairness of their enforcement, reinforcing the finality of arbitration.

AZB & Partners Advises Pegatron Corporation

AZB & Partners advised Pegatron Corporation, a diversified electronics manufacturing major, on Tata Electronics’ acquisition of a controlling stake in Pegatron Technology India Private Limited (PTI), Pegatron’s India unit which currently operates an iPhone manufacturing plant in Chennai. The deal also involves a transfer of Tata's...

2024 WLG Whistleblower Guide: Mexico

According to the Mexican legal framework, companies are not obliged to introduce a whistleblowing system but is instead left to their discretion as part of the implementation of an adequate “due control” or “organization, management and risk prevention model” (in the criminal sphere) and an “integrity policy” (in the administrative sphere).

2024 WLG Whistleblower Guide: Argentina (Bruchou & Funes de Rioja)

In Argentina, there is no legal obligation for companies to establish a whistleblowing system. However, the CCLA of 2018 (N° 27.401, section 23, IV) states companies can include a whistleblowing protection system within their compliance and integrity programs.

2024 WLG Whistleblower Guide: Argentina (Alfaro Abogados)

In Argentina, no specific legislation is dedicated exclusively to protecting whistleblowers within the private sector. However, in the public sector, Law No. 21,592 establishes certain protections for individuals who report illegal activities or misconduct. This law criminalizes retaliation against whistleblowers in specific circumstances,...

2024 WLG Whistleblower Guide: Vietnam

In Vietnam, Whistleblowers are protected under two key laws in Vietnam, comprising of Law on Denunciations 2018 and Law on Criminal Procedure 2015. There are no specific legal requirements for establishing a whistleblowing system, and no penalties are imposed for failing to do so.

2024 WLG Whistleblower Guide: Washington, DC, USA

Whistleblowing protections in the U.S. are shaped by key laws like the False Claims Act, Dodd-Frank, and SOX. While not all companies are required to have whistleblowing systems, those working with the U.S. government or publicly traded must comply. Learn more about U.S. whistleblowing systems from Arnold & Porter LLP (Washington, DC, USA) in...

Panama Simplifies Sanitary Registration Of Medicines: Executive Decree 2/2025

Issa Rodríguez, Associate in Panama, expert on Regulatory Law, shares the following article on the e xecutive Decree No. 2 of January 7, 2025, which establishes the procedure for the recognition of sanitary registrations to medicines manufactured and registered in countries with regulatory authorities that are part of the list of...

Labor Harassment and Its Lack of Regulation

The lack of regulation on Labor Harassment has legal vacuum, since it has been through legal interpretations that respond to the criteria of the judicial and administrative authorities that the issue has been addressed.

Law for the Administration of the Nicaraguan Monetary and Financial System is Approved

This Newsletter contains information on the main provisions of the new Law for the Administration of the Monetary and Financial System.

Smart Contracts

Rafael Burgos and Paola Colorado from El Salvador, experts in Corporate Law, share this article on smart contracts and their transformative impact on the legal field.

Initiative to Approve the Commercial Leasing Law

The 6449 bill seeks to approve the new "Commercial Lease Law" in Guatemala, establishing a special process to expedite evictions and resolve contractual disputes in commercial leases.

Caribbean Regulatory Update – Q4 2024

Campbells Q4 Regulatory Update provides an overview of the main legal developments in the Cayman Islands and the British Virgin Islands from 1 October 2024 to 31 December 2024.

AZB & Partners Advises Jsaquare Electrical Steel Nashik Private Limited

AZB & Partners advised Jsquare Electrical Steel Nashik Private Limited (‘JESNPL’) (an indirect JV of JSW Steel and JFE Steel Corporation) on the issuance of secured listed NCDs of INR 2600 crore to fund the acquisition of Thyssenkrupp Electrical Steel India Private Limited (‘TESIPL’). TESIPL is one of the first manufacturers of electrical...

Extreme Vetting at U.S. Embassies and Consulates

It is expected that additional vetting and screening requirements will only add to increased wait times for visa clearances at U.S. embassies and consulates. The order directs the administration to begin the process of restoring a potential travel ban within 60 days.

AZB & Partners Acts for Axio

AZB & Partners is acting for Bengaluru-based digital lending firm Axio (Capital Float) and its founders on Amazon’s ongoing acquisition of Axio. The deal currently awaits regulatory approvals.

Thailand Introduces Top-Up Tax for Multinational Enterprises to Align with Global Standards

Thailand Introduces Top-Up Tax for Multinational Enterprises to Align with Global Standards

Hague Court Rules in Favour of Greenpeace in Biodiversity Litigation Against Dutch State

On 22 January 2025 in a landmark biodiversity litigation case, the Court of The Hague ruled in favour of Greenpeace, declaring that the Dutch state has acted unlawfully by failing to meet nitrogen reduction targets for 2025 and 2030.

WongPartnership Welcomes Nine New Partners Across Practices

WongPartnership welcomes nine new Partners across practices to its partnership ranks this year.

Sayenko Kharenko Maintains the Leading Position With the Highest Deal Count in Ukraine According to CEELM Direct

Sayenko Kharenko has once again demonstrated its market-leading position by handling the highest number of client cases in Ukraine, as reported by CEE Legal Matters. The firm’s 22 published deals in the past year represent continued growth from the previous year’s achievement and reinforce its position as the most active legal practice in the...

Sayenko Kharenko Contributes UAH 500,000 To Support The Mental Health Of Ukraine’s Defenders

Sayenko Kharenko, together with the Breathe Charity Fund, organised the “Christmas Miracle in Small Steps” initiative and joined the fundraising campaign by donating UAH 500,000 to support Ukraine’s defenders through the DoLaDu Camps program.

Navigating New Horizons: Ukraine’s Foreign Bribery Law and Its Implications for Global Business

On 26 December 2024, a new law came into effect in Ukraine to improve mechanisms for holding legal entities accountable for bribery of foreign officials.[1] This aligns with Organisation for Economic Co-operation and Development (OECD) standards and is a part of Ukraine’s efforts towards OECD membership.

SyCipLaw Announces Eight Senior Associate Promotions

SyCipLaw is pleased to announce the promotion to senior associates of Leo Francis F. Abot, Kevin Joseph C. Berbaño, Christopher A. Capulong, Fenina Maria C. De Leon, Raymond Joseph S. Garcia, Rose Ann Joy V. Gonzales, Julia Patricia C. Herrera-Lim, and Yzabel Renee E. Limchoc. They represent the Firm’s wide range of experience and...

SyCipLaw Featured in The Legal 500 Asia Pacific Green Guide 2025

SyCipLaw Featured in The Legal 500 Asia Pacific Green Guide 2025

SyCipLaw Maintains High Rankings in Chambers Asia Pacific 2025 Guide

SyCipLaw Maintains High Rankings in Chambers Asia Pacific 2025 Guide

TaxBuzz – ITAT Ruling in the Case of SC Lowy

Recent ruling of the Delhi bench of Income tax Appellate Tribunal in the case of S.C. Lowy P.I. (Lux) S.A.R.L., wherein the Tribunal had examined the principal purpose test introduced by amendment in Multilateral Instruments in the India-Luxembourg tax treaty. This is the first case in India where the Tribunal had decided on the entitlement of...

Intellectual Property Strategies to Boost E-commerce Success in the Fashion Industry

In a world where fashion moves at the speed of a click, the industry faces significant challenges, such as the rise of counterfeit products and the constant infringement of intellectual property rights.

Aguilera Group Improves Technological Capacity With Integration Into French Group DEF

Cuatrecasas has advised the Aguilera Group on selling Aguilera Electrónica S.L. and Aguilera Extinción S.L. to Réseau DEF, a French group with a worldwide presence and over 65 years of experience in fire prevention management.

Competition Bureau Continues Enforcement Against Restrictive Covenants in Grocery Leases

The Competition Bureau has announced an agreement with Empire Company (i.e., Sobeys) for the removal of a ‘property control’ that the Bureau says restricted grocery competition in a small Alberta town. This action follows recent legislative changes that expanded the Bureau’s ability to challenge anticompetitive agreement. This action may presage...

Staying Secure: Key Updates on Indonesia’s Cybersecurity Law

Indonesia, Southeast Asia’s largest economy, has experienced rapid digital transformation across sectors such as finance, healthcare, e-commerce, and government services. However, this digital growth has opened new avenues for cybercrime, including data breaches, ransomware attacks, and phishing scams.

AZB & Partners Advises Everstone

AZB & Partners advised private equity firm Everstone on its acquisition of majority stake in New Delhi-based SaaS company Wingify.

Campbells acted as the Cayman Islands legal counsel of Bloks Group Limited on its initial public offering and listing on Hong Kong Stock Exchange

Campbells advises Bloks Group Limited on its HK$1.6billion IPO and listing on Hong Kong Stock Exchange

New California Law, AB 2426: Licensing Disclosures for Digital Goods

Effective January 1, 2025, California law AB 2426 will require companies offering online-only digital goods to disclose that consumers are purchasing a limited-duration license, not outright ownership.

Pursuing Insurance Recovery for Wildfire Losses

Guidance to those affected by the devastating Southern California fires to pursue and preserve their rights to insurance recovery for their losses.

Campbells Advises Zhuhai Huafa Group as BVI legal counsel on its first issuance of the Digitally Native Bonds

Campbells advised Huafa 2024 I Company Limited ("Issuer”), a wholly-owned BVI subsidiary of Zhuhai Huafa Group Co., Ltd. as BVI legal counsel on its first issuance of RMB1.4 billion (US$192million) 4.5% guaranteed Digitally Native Bonds ("DNBs”). The DNBs were dual-listed on The Stock Exchange of Hong Kong Limited (HKEX) and the...

AZB & Partners Advises Aditya Birla Fashion and Retail Limited

AZB & Partners recently advised and represented Aditya Birla Fashion and Retail Limited on its qualified institutions placement of equity shares, which aggregated to INR 1,860.66 crores (“QIP”). The deal team comprised our senior partners, Varoon Chandra and Lionel D'Almeida; our partner, Rahul Aggarwal; our senior associates, Bharat...

AZB & Partners Acts for Bain Capital

AZB & Partners is acting for Bain Capital on the acquisition of a significant minority stake in a leading automotive component manufacturer, Dhoot Transmission Private Limited.

AZB & Partners Advises Asahi India Limited

AZB & Partners advised Asahi India Limited and various selling shareholders on their 100% exit from TGPEL Precision Engineering Limited to SPR Engenious Limited, a wholly owned subsidiary of Shriram Pistons and Rings Limited.

AZB & Partners Represents Eka Life Limited

AZB & Partners represented Eka Life Limited (“Eka”) before the NCLAT for the removal of the interim resolution professional in CIRP regarding a project where Eka is an interim financier (we advised Eka on this interim financing transaction as well). Please read the NCLAT order at https://lnkd.in/dWP-sjcX. Our AZB team comprised our Senior...

AZB & Partners Advised IIFL Capital Services

AZB & Partners recently advised and represented IIFL Capital Services Limited (formerly known as “IIFL Securities Limited”) as the sole book running lead manager to the qualified institutions placement of equity shares by Sudarshan Chemical Industries Limited, for an aggregate amount of ₹ 7.9 billion.

Yanos Gramatidis: Key Contact Partner & Upcoming Host of WLG | regional Athens ‘25

"Events like WLG | regional Athens '25 offer the chance to sit across from someone, share ideas face-to-face, and build relationships that are rooted in interpersonal connection... not just for professional growth but forging connections that truly last."

LegalTech in 2025: Predictions and Expectations

"LegalTech 2025: Trends shaping the legal sector, from AI advancements to blockchain and cybersecurity."

Is Your Trademark at Risk? Understanding the TMOB’s New Pilot Project

In January 2025, the Trademarks Opposition Board (TMOB) is launching a pilot project in which the Registrar of Trademarks will issue 50–100 section 45 notices per month for randomly selected trademark registrations.1 The pilot project aims to assess the number of registered trademarks no longer in use and ensure the Canadian Trademarks Register...

AZB & Partners Acts for Birla Estates Private Limited

AZB & Partners acted for Birla Estates Private Limited and Vardhita Properties Private Limited in relation to Birla Estates Private Limited entering into a joint venture with reputed global investor Mitsubishi Estate Co. Ltd., for a ₹560 Crore investment in Vardhita Properties Private Limited, which is engaged in the development of residential...

Gianni & Origoni Focuses on Crisis Taxation with the Hire of Giulio Andreani

Gianni & Origoni focuses on crisis taxation with the hire of Giulio Andreani

AZB & Partners Acts for Bharat PetroResources Ltd. in settlement with Ovintiv Inc, Canada.

AZB & Partners acted for Bharat PetroResources Ltd. (BPRL - wholly owned subsidiary and upstream arm of Bharat Petroleum Corporation Ltd.) in reaching a settlement with Ovintiv Inc, Canada for a principal liability of US$ 10 million in relation to oil and gas block BM-C-30, Brazil. Our deal team comprised our Senior Partner Anuja Tiwari,...

Update on Fines and Content Takedowns for Online Platforms in Indonesia

The Indonesian government has updated its approach to fines and content takedowns for user-generated content (“UGC”) violations. Initially, enforcement will focus on online content related to gambling, pornography, and terrorism, with plans to expand to other prohibited content, such as defamation.

AZB & Partners Acted for Blueleaf Energy

AZB & Partners acted for Blueleaf Energy (BLE) on its strategic partnership with Jakson Green with an acquisition of 49% equity stake in Jakson’s 3 (three) SPVs, which are developing 1 GW (1000 MW) solar power projects in Rajasthan. BLE will increase its stake to 74% eventually and will jointly develop the projects with Jakson. The projects are...

AZB & Partners Represents New Mountain Capital

AZB & Partners represented New Mountain Capital in its growth investment in Access Healthcare, a technology-enabled platform for revenue cycle management for the healthcare industry.

AZB & Partners Acts for Mars, Incorporated

AZB & Partners acted for Mars, Incorporated on its approval from the Competition Commission of India (CCI) for its proposed acquisition of sole control of breakfast cereal and Pringles maker Kellanova (formerly Kellogg Company). This is a global deal that will change the way common man snacks.

Ballard Spahr and Lane Powell Finalize Combination

Ballard Spahr and Lane Powell have completed their combination effective January 1, 2025—creating a firm of more than 750 lawyers in 18 U.S. offices.

Volodymyr Sayenko Recognised in the Lexology Index: Energy

Volodymyr Sayenko has been recommended in the prestigious Lexology Index: Energy for his exceptional expertise in the Oil and gas sector. This demonstrates his professional excellence in energy-related legal matters.

AZB & Partners Secures CCI Approval for Mars' Acquisition of Kellanova

AZB & Partners acted for Mars, Incorporated on its approval from the Competition Commission of India (CCI) for its proposed acquisition of sole control of breakfast cereal and Pringles maker Kellanova (formerly Kellogg Company). This is a global deal that will change the way common man snacks. Our AZB team comprised our Senior Partner Ram...

Strengthening Client Services with Five New Partners in Key Areas

At the start of the year, Sorainen welcomed five new partners from Estonia, Latvia, and Lithuania. This is the largest promotion round since 2022. All new leaders have built remarkable careers at the firm. They have consistently demonstrated excellence in their respective fields, showing the entrepreneurial mindset essential for business...

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New Standard Templates for Vehicle Reservation Contracts for Car and Motorcycle Distributors

The Thai Office of Consumer Protection Board has issued a Notification requiring businesses selling new cars and motorcycles with advanced reservation to be regulated contract businesses.

Vodafone Reaches Agreement With MasOrange To Create Largest Wholesale Fiber Network Company In Spain

Cuatrecasas has advised Vodafone Holdings Europe on its agreement with MasOrange to jointly create a wholesale fiber-optics company—FibreCo—covering 12.2 million premises (homes, offices and establishments, with clients from both telecommunications companies) across Spain.

Mutares Reaches Agreement With Amper To Acquire Its Subsidiary Nervión Industries

Cuatrecasas has advised Mutares on acquiring Nervión Industries, Engineering and Services, S.L.U., from Amper, S.A.

AZB & Partners Acts for Bharat PetroResources Ltd.

AZB & Partners acted for Bharat PetroResources Ltd. (BPRL - wholly owned subsidiary and upstream arm of Bharat Petroleum Corporation Ltd.) in reaching a settlement with Ovintiv Inc, Canada for a principal liability of US$ 10 million in relation to oil and gas block BM-C-30, Brazil. Our deal team comprised our Senior Partner Anuja Tiwari,...

Members Enjoy New Years Eve Together

Jeremiah Posedel of Faegre Drinker (Illinois, USA), his wife Amy, family friends, Hanna Shea of WLG (New York, USA), and Ryan Miske of Faegre Drinker (Illinois, USA) enjoyed New Year's Eve together.

EdgeConneX Obtains Strategic Investment From Sixth Street

Cuatrecasas has advised EdgeConneX, leading data center supplier focused on energy-efficient and sustainable designs for AI and large-scale storage clouds, on the process of Sixth Street's acquisition of a minority stake from EQT Partners's shareholding in the company.

Commercial Interest Can Be Lawful Basis for Data Processing: EU Court Overrules Dutch DPA

On 4 October 2024, the Court of Justice of the European Union (CJEU) ruled that, under certain conditions, a purely commercial interest can be considered a legitimate interest and serve as a lawful basis for processing personal data under the General Data Protection Regulation (GDPR).

Inspections in Energy Markets and Subsoil Use

On the eve of the new year, the state supervisory (control) authorities approved their inspection plans for 2025. This review provides information on the regulator’s inspections of the electricity and natural gas markets, as well as inspections of subsoil users by the State Service of Geology and Subsoil of Ukraine. Scheduled inspections are...

Overseas Listed Company's Equity Incentives for Chinese Employees

This article explores essential considerations and requirements for foreign-listed companies offering equity incentives to their employees in China while attempting to strike a balance between global corporate goals and compliance with local laws and regulations.

Costa Rica | The Use of Fiduciary Guarantees to Secure Investment in the Framework of Public Contracts

In a significant number of cases, particularly in medium or large-scale public projects, the companies that inject their investment into this type of project are not necessarily the entity that has directly tendered and assumed the contract with the State, or even part of the same economic group as a parent company or sister company. Economic...

VILAF Announces Partner and Counsel Promotions

VILAF is pleased to announce the promotions of Ngan Nguyen to Partner and Hanh Hien Nguyen to Counsel, effective January 1, 2025.

Oleg Klymchuk and Nazar Chernyavsky Recommended in Lexology Index: Data 2025

Sayenko Kharenko announces that partners Oleg Klymchuk and Nazar Chernyavsky have been recommended in Lexology Index: Data 2025, reinforcing the firm’s expertise in data protection and information technology.

Nazar Chernyavsky Named Ukraine’s Only Representative in Lexology Index Thought Leaders: Data 2025

Sayenko Kharenko is proud to announce that partner Nazar Chernyavsky has been recognised in Lexology Index Thought Leaders: Data, becoming the only Ukrainian lawyer to receive this prestigious recognition. This elite ranking includes only 16% of considered practitioners worldwide.

Recent Developments for Spanish Corporate Taxpayers

The final weeks of 2024 have been used to pass many tax measures that are relevant for both domestic and foreign investors

Nazar Chernyavsky Recognized in Lexology Index – Thought Leaders: Capital Markets 2025

Sayenko Kharenko’s partner Nazar Chernyavsky has been included in the prestigious international ranking of Lexology Index – Thought Leaders: Capital Markets, placing him among the world’s most innovative capital markets practitioners.

Nazar Chernyavsky and Igor Lozenko were Recognised Among Leading Banking Experts by Lexology Index: Banking 2025

Sayenko Kharenko is pleased to announce that partners Nazar Chernyavsky and Igor Lozenko have been recommended in Banking – Finance by the prestigious Lexology Index, confirming their position among the world’s top banking and finance practitioners.

AZB & Partners Advises Cintra on IRB Infrastructure Trust Rights Issue

AZB & Partners advised Cintra, a subsidiary of Ferrovial, Spain and its affiliates (collectively, “Cintra”) in relation to the rights issue undertaken by IRB Infrastructure Trust for purposes of funding the acquisition of a road infrastructure asset. We also advised Cintra on the acquisition of units from certain affiliates of GIC by way of a...

Top 10 Noncompete Developments of 2024. For Employers, a Roller Coaster Year in Noncompete Law

It is expected that the second Trump administration’s newly constituted FTC Commission will abandon efforts to implement a nationwide ban on most noncompetes. Courts across the country continue to push back on the enforcement of overbroad noncompete agreements, with some courts refusing to blue pencil exceedingly overbroad agreements.

THE Arbitration Clause: A Flexible Tool for Dispute Resolution

Arbitration is an alternative dispute resolution mechanism renowned for its speed, confidentiality, and flexibility. The arbitration clause plays a crucial role in defining the procedure, covering elements such as the venue, composition of the tribunal, and language. Moreover, its proper drafting ensures legal certainty and helps prevent...

The Simplified Joint Stock Company: A Business Innovation in El Salvador's Legal Framework

The article explores the introduction of the Simplified Joint Stock Company (S.A.S.) into El Salvador's legal framework through reforms to the Commercial Code in 2024. It highlights the S.A.S.'s simplicity, cost-efficiency, and flexibility, making it ideal for entrepreneurs and small businesses. Key features include unipersonal formation,...

Costa Rica | New Regulation Simplifies the Process for Entry of Products of Sanitary Interest and Raw Materials for Free Trade Zones

On November 17, 2024, Costa Rica enacted Decree No. 44696-S-COMEX. This regulation aims to expedite the entry of products of sanitary interest or their raw materials to companies benefiting from the Free Trade Zone regime, for use in production, transformation, and logistics services, without requiring sanitary registration.

Nicaragua | Approval of the Regulations of the Law of Incentives for Tourism Developments

Approval of the Regulations of Law No. 1211, “Law of Incentives for Tourism Developments in Nicaragua”, which regulates the procedures, requirements and obligations of persons and entities interested in developing tourism projects in Nicaragua and applying for the exemptions established by the Law.

New Regulation for Payment and Transfer Services Using Electronic Money

The new regulation for electronic payment services is transforming the financial landscape in Honduras. This analysis highlights the key changes, requirements, and benefits for businesses and users, marking a significant step toward financial inclusion and technological security.

Guatemala | Navigating the New Antitrust Landscape: 5 Key Factors for Companies

On November 20, 2024, the Congress of the Republic of Guatemala approved the draft Antitrust Law, which was published in the Official Gazette on December 9 and enters into force according to what is stated here. Find out how this law could impact your business after it goes into effect.

Gianni & Origoni Announces the hire of Ambassador Vincenzo De Luca

Gianni & Origoni announces the appointment of Ambassador Vincenzo De Luca as Of Counsel. He will be responsible for developing GOP's activities in the Asian and Middle Eastern markets, which are key regions in the firm's international strategy.

AZB & Partners Represents Sellers in Proposed Acquisition of Heubach Group by Sudarshan Chemical

AZB & Partners represented the sellers (which includes a group of entities comprised within the Heubach group and the lenders controlling some of these entities) in relation to the proposed acquisition by Sudarshan Chemical Industries Limited of the Heubach group, in a combination of a share and an asset deal. Our M&A deal team comprised...

2024 WLG Whistleblower Guide: Singapore

Singapore has no overarching whistleblower protection law, but certain statutes, like the Prevention of Corruption Act, safeguard informer identities. While companies aren’t legally required to implement whistleblowing systems, SGX-listed firms must maintain a policy under the SGX Listing Rules. There are no specific mandates on reporting...

2024 WLG Whistleblower Guide: Greece

Greece’s Law No. 4990/2022 incorporates the EU Whistleblowing Directive, requiring private sector entities with 50+ employees or operating in specific industries to establish whistleblowing systems. Reports can be submitted anonymously or eponymously via written, verbal, or electronic channels, with clear guidelines for their management....

2024 WLG Whistleblower Guide: Australia

Australia’s whistleblower protections, governed by the Corporations Act and Taxation Administration Act, mandate that public companies, large proprietary companies, and certain superannuation entities implement whistleblower policies. These policies must support protected disclosures about misconduct and ensure whistleblower confidentiality,...

2024 WLG Whistleblower Guide: France

France’s whistleblower protections, rooted in the Sapin II and Waserman Laws, mandate companies with 50+ employees to implement comprehensive whistleblowing systems. These systems must support multiple confidential reporting channels, including verbal, written, and digital methods, and protect employees, former employees, contractors, and other...

2024 WLG Whistleblower Guide: Sweden

Sweden’s Whistleblowing Act requires all entities with 50+ employees to implement internal reporting systems, supporting both written and verbal channels, with options for face-to-face meetings. The law protects employees, consultants, job applicants, and even former workers, ensuring confidentiality and safeguarding against retaliation. While...

2024 WLG Whistleblower Guide: South Africa

South Africa’s whistleblower protections, anchored in the Protected Disclosures Act and the Companies Act, require companies to establish internal systems for receiving and addressing reports of improprieties. These systems must protect employees, contractors, consultants, and other stakeholders from retaliation, ensuring confidentiality and...

2024 WLG Whistleblower Guide: Peru

Peru’s legal framework mandates whistleblowing systems in specific contexts, particularly for addressing workplace sexual harassment under Law No. 27942 and its regulation. These systems must allow verbal, written, in-person, and electronic reporting. While not obligatory for criminal and antitrust compliance, implementing whistleblowing systems...

AZB & Partners Represents IntelligenceNode on sale to Interpublic Group

AZB & Partners represented IntelligenceNode and its promoters on its sale to the Interpublic Group. IntelligenceNode is in the business of providing retail analytics to clients to help them compete better for online sales through competitive pricing and is well known for its data accuracy and global reach. Our deal team comprised our...

What to Expect from the Upcoming Amendments to the Ukrainian Adlaw

Not only is the new year approaching, but significant legislative changes are also expected to occur in the Ukrainian advertising landscape within the next six months. Some may argue that we started preparing this overview too early. However, it is important to look ahead to what’s coming up in 2025 because it may be difficult for businesses to...

Challenges of Legal Innovation

Legal innovation is reshaping the practice of law by integrating advanced technologies such as artificial intelligence and blockchain. These tools not only streamline processes but also create opportunities for more efficient and accessible legal services. Despite obstacles like resistance to change and security concerns, their implementation...

Argentina | Artificial Intelligence in Justice : 2024 Advances and 2025 Challenges

Argentina made significant progress in integrating artificial intelligence (AI) into the judicial system. Key advancements included the publication of a responsible AI guide by the Access to Public Information Agency (AAIP), the creation of the National Integrated AI Program in Justice, and the approval of the "Acceptable Use Protocol for...

SyCipLaw and Down Syndrome Association of the Philippines Formalize Pro Bono Engagement

SyCipLaw and Down Syndrome Association of the Philippines Formalize Pro Bono Engagement

Sayenko Kharenko Leads Ukrainian Legal Market in Lexology Index Thought Leaders: Competition 2025

Sayenko Kharenko demonstrates its dominant position in competition law as three of its partners – Valentyna Hvozd, Maksym Nazarenko and Volodymyr Sayenko – have been named among five Ukrainian lawyers recognised in the prestigious Lexology Index Thought Leaders: Competition 2025.

AZB & Partners Advises Sequent Scientific on Merger with Viyash Life Sciences

AZB & Partners advised Sequent Scientific Limited on the proposed acquisition of Viyash Life Sciences Private Limited and its subsidiaries by way of an approx. INR 8,000 crore merger. Our deal team comprised our Senior Partners Ashwath Rau and Kashish Bhatia, Counsel Himanshoo Tembe, Senior Associates A. Robin Singh and Dishti Kaji,...

Ready, Set, Win! An In-Depth Look at Indonesia's New Free Prize Draw Law

Indonesia is known for its strict prohibition of gambling. But does it mean, people of Indonesia cannot win exciting prizes – through a random draw? The answer is no. It is possible and this is exactly what “free prize draws” offers.

Make No Mistake: The NLRB Revives the ‘Clear and Unmistakable Waiver’ Standard

With the revival of the 'clear and unmistakable waiver' standard, employers must negotiate precise contract language or demonstrate union waiver through bargaining history, while preparing for potential shifts in NLRB policy under a new administration.

Banco Santander Securitizes €1.2 Billion In Loans

Cuatrecasas has advised Banco Santander and Santander de Titulización on the “Santander Consumo 7” securitization transaction that will contribute to economic cohesion and project financing.

AZB & Partners Advises Leading LLPs in the Real Estate Sector

AZB & Partners successfully advised and represented one of the leading LLPs in the real estate sector in defending a civil suit before the District Court in Uttarakhand. The firm secured favorable orders culminating in the dismissal of the suit proceedings in its entirety providing a huge relief to the client. This case was particularly notable...

AZB & Partners Advises MRI Software on 100% Acquisition of iInterchange Systems

AZB & Partners advised MRI Software (global provider of software solutions for real estate, lease management and intermodal) on its 100% acquisition of Chennai-based iInterchange Systems, a container shipping and logistics software company. Our M&A transaction & due diligence team included our Senior Partner Ashwath Rau, Partner John...

ETS Framework to Transform Environmental Regulation in Ukraine

The implementation of the greenhouse gas emissions trading system (ETS) in Ukraine is one of the European integration obligations of the Association Agreement. It aims to comply with Ukraine’s obligations under the Paris Agreement and Ukraine Facility Plan. The Climate Law of Ukraine (more details here) defines the ETS in the list of market...

AZB & Partners Advises CD&R on Acquisition of Controlling Stake in Opella

AZB & Partners advised CD&R on its proposed acquisition of a controlling stake in Opella, the global consumer healthcare business of Sanofi valued at USD 17 billion, and the USD 355 million open offer being made for the shares of Sanofi Consumer Healthcare India Limited. Our transaction team comprised our Senior Partners Ashwath Rau and...

Tan Kai Yun Appointed to the 2025 BOD of the International Women’s Insolvency & Restructuring Confederation (IWIRC)

Our Restructuring & Insolvency and Special Situations Advisory Partner, Tan Kai Yun, has been appointed to the 2025 Board of Directors of the International Women’s Insolvency & Restructuring Confederation (IWIRC) where she joins the board as a member of the Management Committee.

Three Sayenko Kharenko Partners Named Global Elite Thought Leaders by Lexology Index: Client Choice 2025

Sayenko Kharenko reinforces its market-leading position with three partners recognised as Global Elite Thought Leaders in the prestigious Lexology Index: Client Choice 2025. This distinction places them among just 5% of practitioners globally recognised for exceptional client service.

AZB & Partners Advises Larsen & Toubro on Investment in E2E Networks Limited

AZB & Partners advised Larsen & Toubro on its proposed investment in E2E Networks Limited. Our deal team comprises our Senior Partners Ashwath Rau and Kashish Bhatia, Senior Associate A. Robin Singh and Associates Abhimanyu Singh Rathore, Taruni Kavuri, Parisha Dhebar and Khooshmin Mirza.

Constitutional Court's Landmark Decision Reshapes Indonesian Manpower Law

Indonesia’s Constitutional Court has issued a decision that significantly alters various aspects of the Manpower Law. Key changes include requiring court approval for disputed terminations, capping fixed-term contracts at five years, revising wage calculations, and prioritizing Indonesians over foreigners for job vacancies.

[Webinar Invite] A Transformative Event to Close the Year: Understanding and Strengthening Workplace Well-Being

Note that his webinar will be conducted in Spanish. Register now: https://us06web.zoom.us/webinar/register/WN_wJvYj0WwQhS0XvHn2hqq6w After a year of perseverance and progress in the seven pillars of well-being culture, this final step not only marks the conclusion of the cycle but also ignites a renewed purpose for 2025....

Alfaro Abogados Advises on International Mining Transaction

Corporación América and Blue Sky Uranium signed an earn-in agreement to develop the “Ivana” project in Argentina.

AZB & Partners Advises Ness Digital Engineering on Acquisition of Raja Software Labs

AZB & Partners advised Ness Digital Engineering, a portfolio company recently acquired by KKR, on its acquisition of 100% stake in Raja Software Labs. Our M&A transaction team comprised our Senior Partner Ashwath Rau, Partner John Raghav, Associates Aditi Bhargava and Sakshi Jha. Our corporate diligence team included our Associates Kunal...

AZB & Partners Advises PAG Private Equity Acquisition of Manjushree Technopack Limited from Advent International

AZB & Partners advised PAG private equity on its proposed acquisition of Manjushree Technopack Limited from Advent International. Our deal team comprised our Senior Partners Ashwath Rau and Kashish Bhatia, Senior Associates A. Robin Singh, Chitrangda Singh, Aditi Shukla and Dishti Kaji, and Associates Taruni Kavuri and Parisha Dhebar.

Setterwalls FinTech Report 2024

Setterwalls' FinTech Report of November 2024 has now been published.

AZB & Partners Advises Hamied Family on Sale of Cipla Limited Stake

AZB & Partners advised Samina, Shirin and Rumana Hamied (all part of the promoter group) on the sale of their shareholding in Cipla Limited in two tranches through block trades, for an aggregate consideration of ~INR 4,900 crores. Our AZB deal team comprised our Senior Partners Ashwath Rau, Kashish Bhatia and Atreya Bhattacharya, Senior...

Setterwalls’ Environmental Law Experts Contribute to the Chambers Environmental Law 2024 Guide

Setterwalls environmental law experts have contributed both as authors and contributing editors to the Chambers Environmental Law 2024 guide. The guide is now available via this article.

Setterwalls Sweden: Life Sciences Report November 2024

We have the pleasure of presenting the latest issue of Setterwalls’ Life Sciences report. The report presents our view on selected current issues with respect to life sciences. The enclosed report, together with earlier editions, is also available on our website. We hope you will find the report of interest.

AZB & Partners Represents Independent Directors of Aster DM Healthcare in Proposed Merger with Quality Care India

AZB & Partners represented the Independent Directors of Aster DM Healthcare Limited (“Aster DM”), a listed company, in the proposed merger of Quality Care India Ltd with Aster DM. This deal values the combined entity at approx US$ 5 billion and is regarded as the largest healthcare deal in India. Our deal team comprised our Senior Partner...

How do Trademarks in a Franchise Agreement or in a License Agreement Differ?

The protection granted by a trademark registration represented through a distinctive sign provides control mechanisms on how they are exploited, thus guaranteeing a benefit, both for the company that grows with a globalized product and for the consumer who has access to a quality product, regardless of who uses or exploits the trademark.

AZB & Partners Acts for Tiger Global on Zinka Logistics IPO

AZB & Partners acted for Tiger Global (as a selling shareholder) on the recent IPO by Zinka Logistics Solutions Limited (commonly known as ‘Blackbuck’), which aggregated to INR 11.14 billion. Blackbuck is engaged in the business of providing logistics and transportation services through an online platform for connecting businesses with freight...

AZB & Partners Advises Grid Equipments on Sale of Equity Shares

AZB & Partners recently advised Grid Equipments Private Limited for the sale of 21,451,168 equity shares aggregating to approximately 8.38% of the total paid-up equity share capital of GE Vernova T&D India Limited for an aggregate amount of INR 36.18 billion. The sale took place by way of the offer for sale through the stock exchange mechanism....

AZB & Partners Advises Grid Equipments on Sale of Equity Shares

AZB & Partners acted for Nykaa on its recent acquisition of a majority stake in clean beauty brand Earth Rhythm. Our deal team comprised our Senior Partner Bhuvana Veeraragavan, Senior Associate Mridula Sriram, Associates Yash Anand, Joanna Joshua and Khyati Kapoor.

Renewable Energy in Panama: Legal Framework and Opportunities for Investors

Renewable energies, such as solar, wind, hydroelectric, geothermal and biomass, come from inexhaustible natural resources and are more sustainable than fossil fuels. Panama has created an attractive legal framework to encourage their investment. These laws offer tax incentives and benefits to diversify the country's energy matrix and promote a...

Costa Rica | New Substitute Text for the Bill: “Protection of Consumers Regarding the Custody of Funds Managed by Any Authorized Public or Private Financial Institution in Costa Rica.” FILE N.º 23908

This bill arises as a response to the growth in complaints of digital banking frauds. This bill aims to establish the parameters of liability and procedures for public or private financial institutions and customers in the event of electronic fraud.

Nicaragua | The Powers of the Financial Analysis Unit are Expanded

Financial Analysis Unit strengthening and increased supervision of the obligated entities.

Honduras | Amendment by Addition to the Consumer Protection Law

The reform to the Consumer Protection Law in Honduras aims to regulate consumer relations, protect consumers, and establish penalties for noncompliance.

Copyright in the Generative Artificial Intelligence Era

With the popularization of Generative Artificial Intelligence tools such as ChatGPT, the debate has intensified regarding the protection of works used as training data to feed these systems. On one hand, there is the issue of safeguarding such works, and on the other, the determination of whether works generated by Generative AI are eligible for...

The Use of Artificial Intelligence in Justice: An Automated Judge?

In a recent case in Argentina, the use of artificial intelligence in the judicial system was highlighted as a tool to enhance decision-making and efficiency. The case, involving a dispute over water service, set a precedent for integrating AI into legal processes. However, the article also raises concerns about the risks of bias, lack of...

The Impact of the AI Act on Tech M&A Due Diligence

In mergers and acquisitions (M&A), due diligence is the cornerstone of a careful analysis of the commercial, legal, tax and financial aspects of a company.

Madrid: Tax News in 2024

New 20% tax credit for certain investments by nonresidents relocating to Madrid

Gianni & Origoni is Italy Legal Adviser of the Year at the 2024 Mergermarket European M&A Awards

International law firm Gianni & Origoni is once again winner of the prestigious "Italy Legal Advisor of the Year" award at the 2024 European M&A Awards, hosted by Mergermarket.

Lloyd Kavanagh: Key Contact Partner & Upcoming Host of WLG | regional Auckland ‘25

"Personally, I am keen to welcome not only representatives from the 12 other firms in the Asia-Pacific region, but also from any other member firms who may be looking for a good reason to visit our beautiful country in the heart of the South Pacific."

Sayenko Kharenko Listed in The GRR 100 2024 among global leaders in Cross-Border Restructuring

Sayenko Kharenko reinforces its position among the world’s leading law firms in cross-border restructuring and insolvency with its inclusion in The GRR 100 2024, the authoritative guide to elite global restructuring practices.

Cuatrecasas Appoints Seven New Partners at Extraordinary Partners Meeting

At its Extraordinary Partners Meeting held today at its Madrid office, Cuatrecasas approved the appointment as new partners of the following lawyers: David Fernández de Retana (Litigation), Juan Sebastián Lombana (Litigation and Arbitration), Gabriel Morales (Litigation and Arbitration), Jaime Moya (Corporate and M&A), Miguel Muñoz (Tax...

2024: Doing Business In Belgium

Belgium, strategically located at the heart of Europe, offers a dynamic business environment with strong sectors in pharmaceuticals, chemicals, and technology. The country’s advanced infrastructure, skilled workforce, and focus on innovation make it an attractive destination for foreign investment. However, Belgium's complex political landscape,...

Campbells Team Advises Abra Group on $1.25B refinancing

Campbells LLP is pleased to have advised Abra Group, the majority investor in Gol Linhas Aéreas Inteligentes S.A. and Avianca Group International Limited, on the Cayman Islands legal aspects of two private refinancing transactions for up to $1.25 billion in total. These transactions comprised a new senior secured term loan credit facility...

New Directive on Liability for Defective Products

The new Directive (EU) 2024/2853 on liability for defective products has been published, repealing and replacing the previous 1985 directive

New Directive on Liability for Defective Products

The new Directive (EU) 2024/2853 on liability for defective products has been published, repealing and replacing the previous 1985 directive

Canadian Securities Regulators Moving Forward With Access Model for Delivery of Continuous Disclosure Documents

On November 19, 2024, the Canadian Securities Administrators (CSA) announced they are moving forward with the previously announced access model (the “Access Model”) for non-investment fund reporting issuers to deliver annual financial statements, interim financial reports and related management's discussion & analysis (“Continuous Disclosure...

CMS Expert Guide to Hydrogen Law and Regulation

Since the last CMS Expert Guide published in 2021, the pace of developments in the hydrogen sector has seen a surge in global activity. New projects are emerging worldwide, driven by climate commitments and the push for decarbonisation. While the scale of the challenges that still need to be overcome should not be underestimated, the step up in...

Sayenko Kharenko’s Lawyers Contribute to OneTrust DataGuidance regarding Data Residency

Sayenko Kharenko partner Oleg Klymchuk, associates Victoria Posvystak and Anastasiia Finko have authored an overview of Ukraine’s data residency framework for OneTrust DataGuidance, a premier global privacy intelligence platform.

ACM Explores The Introduction Of A Feed-In Tariff For Electricity Producers

The Dutch energy regulator (ACM) is exploring the introduction of a feed-in tariff for electricity producers to ensure a fairer distribution of rising grid costs amongst all users of the grid.

Anzhela Makhinova has been named among the World’s Leading Trade & Customs Experts according to the Lexology Index

Sayenko Kharenko partner Anzhela Makhinova has been recommended among the world’s leading experts in international trade by Lexology Index 2024 (formerly Who’s Who Legal), reinforcing the firm’s position in complex cross-border trade matters.

Netherlands Issues First Evaluation of Online Gambling Rules

In April 2021, the Dutch Gaming Act was amended to allow for legal access to online games of chance in the Netherlands. An evaluation of the new rules was scheduled three years after implementation. The following article summarises this evaluation, published in November 2024, which assessed the effects of the new rules since the time of their...

Anzhela Makhinova has been Named Among the World’s Leading Trade & Customs Experts According to the Lexology Index

Sayenko Kharenko partner Anzhela Makhinova has been recommended among the world’s leading experts in international trade by Lexology Index 2024 (formerly Who’s Who Legal), reinforcing the firm’s position in complex cross-border trade matters.

Recent Changes to Indonesia’s Franchise Regulation: Opportunities & Challenges Ahead

Indonesia’s updated franchise rules present a mixed bag for franchisors. The good news is that the requirement to demonstrate profitability has been shortened from five years to three, making it easier for new franchisors to enter the Indonesian market. However, these changes also come with new obligations for documentation and continuous...

Indonesia Strengthens Patent Law with New Amendments

Indonesia has amended its Patent Law to strengthen protections for intellectual property, streamline patent processes and better align with international standards. The third amendment to Law No. 13 of 2016 on Patents ("Patent Law”), promulgated on 28 October 2024, aims to address both domestic industrial and research needs.

Santamarina y Steta Celebrates 10th Anniversary of Querétaro Office with Distinguished Guests

Santamarina y Steta (Mexico) celebrated a decade of success at its Querétaro office with a special event featuring the Governor of Querétaro and distinguished guests. The occasion highlighted the firm's contributions to the region's growth and investment opportunities.

AZB & Partners Advises Geojit Financial Services on Equity Shares Rights Issue

AZB & Partners advised and represented Geojit Financial Services Limited on the rights issue of its equity shares, which aggregated to ₹ 1.99 billion. The deal team comprised our senior partners, Varoon Chandra and Lionel D’Almeida; our senior associates, Sweta Ananthanarayanan and Kairav Parikh; and our associates, Shivani Singh, Vaibhav...

Changes to the Prospectus Regulation made by the Listing Act

European Union: The EU Listing Act has been adopted, introducing, among others, changes to the Prospectus Regulation

Listing Act: New Developments Concerning Market Abuse

European Union: Changes in the Disclosure of Inside Information, Market Soundings, and PDMR Transactions

The EU Listing Act Has Been Published

European Union: Simplifying Regulations and Enhancing Access for SMEs to Strengthen the Capital Markets Union

Cyber Resilience Act

European Union published the Cyber Resilience Act, setting unified cybersecurity standards for digital products across the EU Market

Chandler MHM Advises AIS on Its 'Sustainability Bonds' Which Is a First for Telecommunications Companies in Thailand

Chandler MHM Advises AIS on Its 'Sustainability Bonds' Which Is a First for Telecommunications Companies in Thailand

FINTRAC Advisory Concerning Financial Transactions Related to High-Risk Countries Identified by the FATF

On November 18, 2024, the Financial Transactions and Reports Analysis Centre (FINTRAC) issued an updated advisory (the “Advisory”) concerning financial transactions related to countries identified by the Financial Action Task Force (FATF) as high-risk jurisdictions and under increased monitoring.

AZB & Partners Advises Bharti Enterprises on Agro Tech Food’s Share Swap Acquisition of Del Monte Foods

AZB & Partners is advising Bharti Enterprises on Agro Tech Food’s proposed acquisition of Del Monte Foods (a joint venture of Bharti Enterprises and Del Monte Pacific), in an INR 1,300-crore share swap. Our transaction team comprises our Senior Partner Anil Kasturi, Partner Ashish Pareek, Senior Associates Kaushal Prabhat and Kanika Jaggi,...

Disciplinary Dismissals Can No Longer Be Immediate in Spain

Supreme Court requires employers to give workers a hearing prior to dismissal

Netherlands Court of Appeal Milieudefensie v. Shell Decision to have Far-reaching Implications

On November 12, the Court of Appeal in The Hague rendered a landmark judgment in the climate case of Milieudefensie et al. v. Shell, which has garnered worldwide attention given its broader implications for corporate responsibility in addressing climate change. The following article delves into the key elements of the court's decision structured...

Argentina Approves Protocol for the Use of Generative Artificial Intelligence in the Judiciary

Argentina's Court of Justice of San Juan has approved a new protocol for using Generative AI (IAGen) in the judiciary. General Agreement No. 102/2024 sets out guidelines to ensure responsible, secure, and ethical AI use within the judicial system. Key principles include data anonymization, result verification, and safeguarding judicial...

Appointment of Monsicha (Mint) Pongrujikorn as Counsel in the Energy, Natural Resources, and Infrastructure practice

Appointment of Monsicha (Mint) Pongrujikorn as Counsel in the Energy, Natural Resources, and Infrastructure practice

Rise of Trademark Phishing Scams

There has been a reported surge in trademark phishing scams. The Canadian Intellectual Property Office (“CIPO”) issued a statement warning of an email phishing scam targeting members of the public by individuals impersonating intellectual property attorneys and pressuring business owners to take immediate action against alleged trademark...

2024 WLG Whistleblower Guide: Poland

Poland’s 2024 Act on the Protection of Whistleblowers requires companies with 50+ employees to implement a whistleblowing system, supporting diverse reporting channels and protecting both employees and third-party whistleblowers. External bodies can receive reports, but internal follow-up must stay within the company. For full details, read the...

2024 WLG Whistleblower Guide: China

China currently lacks overarching whistleblower protection laws, though certain protections are embedded in the Civil Code, Criminal Law, and Personal Information Protection Law. While centrally administered and listed companies are required to establish whistleblowing systems, non-listed large and medium-sized enterprises are encouraged to...

2024 WLG Whistleblower Guide: Finland

Finland's Whistleblower Protection Act requires organizations with over 49 employees to implement a system for reporting breaches of EU or national law, though anonymous reporting is optional. While systems can be managed externally, organizations remain accountable for compliance, with penalties applied only for retaliatory actions or...

2024 WLG Whistleblower Guide: Turkey

Turkey lacks a specific whistleblower protection law, though certain legal provisions like the Turkish Penal Code and Labor Law offer some protections for employees reporting wrongdoing. While whistleblowing systems are common in global companies and encouraged under corporate governance standards, they are not legally required. Privacy rules...

AZB & Partners Advises Max Estates on INR 150 Crore Fund Raise via Convertible Warrants

AZB & Partners advised Max Estates Limited on its recent fund raise of upto INR 150 crores through a preferential issue of convertible warrants to one of the promoters and a public shareholder. Our deal team comprised our Senior Partner Anil Kasturi, Partner Ashish Pareek, Senior Associate Shubham Toshniwal and Associate Sarthak Sharma.

AZB & Partners Advises Wipro on Solar Captive Power Project with AmpIN C&I Power

AZB & Partners advised Wipro on its successful transaction with AmpIN C&I Power Private Limited for setting up solar captive power project and purchase of power for meeting its renewable energy demands in Tamil Nadu. For this, AmpIN C&I has incorporated a special purpose vehicle, AmpIN Energy C&I One Private Limited, in which Wipro has made an...

David Prync: New Key Contact Partner, CMS Belgium

" I look forward to discussing topics such as different practices and market standards between various countries and regions regarding M&A practices. I am also interested in exploring emerging issues like ESG and corporate responsibilities.”

2024 WLG Whistleblower Guide: India

In India, the absence of a single comprehensive law covering all whistleblowing requirements hasn't prevented frameworks for whistleblowing systems from being established. The Companies Act, SEBI guidelines, and sector-specific regulations mandate that certain companies implement a whistleblowing system to report non-compliance, fraud, and...

Diamond Resorts Validates Contractual Clauses Establishing Submission To English Law

Cuatrecasas has advised Diamond Resorts on a recent judgment of the plenary of the First Division of the Supreme Court, confirming the arguments defended by the firm's Cassation and Other Special Appeals Group, first, before the Court of Justice of the European Union, and second, before the Spanish Supreme Court, for the interpretation of the...

Cuatrecasas Announces Beca Horizonte Supporting Young Talent Studying Law

Cuatrecasas has announced the first edition of Beca Horizonte, a financial aid program designed to help students access law degrees and masters for admission to the practice of law, promoting their autonomy.

AZB & Partners Advises Verdantas on India Leg of ASEC Engineers Acquisition

AZB & Partners advised Verdantas on the India leg of its acquisition of ASEC Engineers (ASEC), where Verdantas is a leading consulting firm providing technical and digitally enabled solutions for sustainable outcomes across the environment, water, and energy transition markets, and ASEC is solely focused on the power delivery and renewable...

Your Online Business Could Be the Next Target for Costly Data Privacy Lawsuits

If your business operates online and uses common marketing tools, your business is at risk of being targeted for lawsuits under pre-internet wiretapping and video rental privacy laws. It is critical to address and mitigate risk before these claims are filed.

TozziniFreire Welcomes New Partner to Real Estate Practice

TozziniFreire Welcomes New Partner to Real Estate Practice Julian Junqueira Rillo rejoins the firm, bringing over 10 years of industry experience   TozziniFreire Advogados, one of Brazil’s leading full-service law firms, announces the return of Julian Junqueira Rillo, now as a new partner in the Real Estate practice. Julian...

Germany: German Gambling Law – Update 2024

Since our last update, significant developments have occurred in the German gambling landscape, further shaping the regulatory environment. While some progress has been made, many legal questions and regulatory challenges remain unresolved, particularly in the areas of licensing, enforcement, and cross-border operations.

Germany: Practice Guide Risk Management and Product Requirements

Nothing ventured, nothing gained – entrepreneurial actions always entail certain risks. It is in the na-ture of things. However, it is the management’s responsibility to deal with risks appropriately and engage in risk management. This mainly also involves detecting, evaluating and limiting legal risks.

Analyzing Trends and Experiences in the Restructuring Market

Cuatrecasas publishes “Company restructuring: assessment of the second year of implementation of the Spanish insolvency reform,” continuing an initiative that was presented last year and in which it analyzes over 50 restructurings, focusing on the judicial decisions and selecting the most pertinent matters to further explore and understand this...

2024 WLG Whistleblower Guide: Japan

Japan's Whistleblower Protection Act requires companies with more than 300 employees to establish secure and confidential reporting systems, while smaller businesses are encouraged to do the same. Learn more about the types of misconduct covered and the role of external providers in Japan's whistleblowing framework by reading City-Yuwa Partners'...

AZB & Partners Acts for Medanta and Dr. Narayan Dutt Shrimali Foundation on Operations & Management Agreement

AZB & Partners acted for Global Health Limited (Medanta) and Dr. Narayan Dutt Shrimali Foundation International Charitable Trust Society in relation to their operations & management agreement for a 750-bed super specialty Hospital in Pitampura, Delhi, with a capex of more than INR 600 Crores. Our deal team comprised our Senior Partner Niladri...

Company Restructuring

Assessment of the second year of implementation of the Spanish insolvency reform

Germany: German Court Extends the Liability of Managing Directors

The German Federal Court of Justice (Bundesgerichtshof) has extended the liability of managing directors to damages that arise after they have left office.

Scrutiny of ESG and Sustainability Initiatives Under Antitrust Laws

U.S. regulators have confirmed that no sustainability or ESG commitment antitrust exemptions exist or will be announced. Lawmakers are keeping the pressure on ESG/sustainability initiatives through continued investigations of the potential anticompetitive impact of collaborations, information exchanges and agreements advancing social and...

WLG | impact '24: Giving Back in Buenos Aires

Learn about how delegates and guests at WLG | summit Buenos Aires '24 made a local impact and about the internal CSR practices at the host firm, Bruchou & Funes de Rioja.

Vodafone Spain And Telefónica Create FibreCo As Fiber-Optic Services Joint Venture

Cuatrecasas has advised Zegona and Vodafone Spain on an agreement with Telefónica to form a joint venture—FibreCo—sharing the Fiber-to-the-Home (FTTH) network.

AZB & Partners Advises Goswami Infratech on Pre-IPO Share Sale

AZB & Partners advised Goswami Infratech Private Limited, a Shapoorji Pallonji Group company, on the pre-IPO sale of its shares in Afcons Infrastructure Limited. This was the largest pre-IPO placement by way of secondary sale in the history of capital market transactions in India. The AZB team comprised of our Senior Partner Divya Mundra,...

Germany: BGH: Balance Sheet Allocation of Electricity Withdrawals at Higher Voltage Levels in the Event of Supplier Failure - Recommended Action for Grid Operators

In two decisions dated 17 September 2024 (case no. EnZR 57/23 and EnZR 58/23), the BGH recently ruled on the question of the balance sheet allocation in higher voltage levels in the event of an energy supplier default. On appeal by the plaintiff and the defendant, the BGH amended and revised the respective previous decisions of the Düsseldorf...

Analysis of the Amendments to the Consumer Protection Law in Honduras: Impact and Consequences for Users

In October 2024, Decree 75-2024 reformed Honduras' Consumer Protection Law, focusing on telecommunications. The reforms promote billing transparency, contract flexibility, and credit protection. These measures aim to strengthen consumer rights and improve the sector’s standards.

AZB & Partners Advises Afcons Infrastructure and Promoters on IPO

AZB & Partners recently advised Afcons Infrastructure Limited (“Afcons”) and its promoters, including the promoter selling shareholder, Goswami Infratech Private Limited, on the initial public offering by Afcons (“IPO”). The IPO was undertaken by way of a fresh issue and an offer for sale, and aggregated to ₹ 54.30 billion, which is the...

Sayenko Kharenko’s Anzhela Makhinova Named Among Ukraine’s Top Four Franchise Law Experts by Lexology Index: Franchising 2024

Sayenko Kharenko partner Anzhela Makhinova has been recognized among just four Ukrainian franchise law practitioners named in the prestigious Lexology Index 2024. This recognition reinforces the firm's position in providing comprehensive legal support for businesses expanding through franchising models.

Generative AI: Beyond Chatbots and Towards a Transformative Future

Explore the future of Generative AI: from specialized agents to ethical challenges shaping Latin America's digital landscape.

Nicaragua | Areas of Improvement for Taxpayers Within the Tax Simplified Regime

Jeynner Gutiérrez, Associate expert in Fiscal Law from ARIAS Nicargua, shares this article on the Nicaraguan tax system and how it has different areas of improvement for a better management of the tax simplified regime.

Canadian Securities Regulators Publish Temporary Exemptions For Derivatives Data Reporting Requirements

On October 31, 2024, the Canadian Securities Administrators (CSA) introduced temporary relief from certain derivative data reporting requirements under the Trade Reporting Rules identified below. The relief is provided by way of a local blanket order in Ontario entitled Coordinated Blanket Order 96-932 Re Temporary exemptions from certain...

Pepper Launches Securitized Consumer Loans

Cuatrecasas has advised the asset-backed securities fund Pepper Iberia Consumer on registering a prospectus with the Spanish Securities and Exchange Commission, as well as on a €265.6-million bond issue due April 2037.

AZB & Partners Represents HAV3 Holdings in Sale of Entire Stake in Fino Paytech

AZB & Partners represented HAV3 Holdings in selling their entire stake in Fino Paytech (the promoter of Fino Payments Bank). Our deal team comprised our Partner Kunal Kumbhat, Counsel Himanshoo Tembe and Associate Anushka Mehta, with support from Associate Khushi Bafna on the closing; Partner Bharat V Budholia and Associate Malhar Desai on...

Vincent Ariesta Lie: New Key Contact Partner, Makarim & Taira S. (Indonesia)

"Hosting the summit in Bali was truly extraordinary. Participants had the chance to form bonds that extend beyond mere professional acquaintances, strengthening relationships that could lead to future collaborations and partnerships."

Koh Swee Yen Appointed to Serve on the ICSID Panel of Arbitrators

Koh Swee Yen, Senior Counsel, has been appointed by the Republic of Singapore to serve on the International Centre for Settlement of Investment Disputes (ICSID) Panel of Arbitrators for a six-year term commencing in October 2024. Swee Yen is one of two distinguished individuals who have been newly appointed. The other is Mr Quentin Loh, Senior...

AZB & Partners Advises KKR and Singtel Consortium on CCI Approval for STT GDC Investment

AZB & Partners advised a consortium of KKR and Singtel in securing a CCI approval for their investment in STT GDC Pte Ltd, subject to commitments. We were the sole CCI and Indian counsel on the deal. This is a first when it comes to CCI’s review of data centre market. Our core deal team comprised our Partners Bharat V Budholia and Kirthi...

AI and Adolescent Mental Health: Lawsuit Against Character.ai

Florida lawsuit against Character.ai highlights AI’s impact on adolescent mental health—ethics and responsibility at stake.

WLG Upcoming Events

World Law Group has numerous opportunities for you to connect virtually with your WLG colleagues over the next two months! RSVP below for upcoming events.

The Opportunities and Challenges Arising out of Development in Climate Legislation

The Law of Ukraine “On Basic Principles of State Climate Policy” No. 3991-IX as of 8 October 2024 (the Climate Law of Ukraine) came into force on 30 October 2024. Simultaneously, this period is marked by the active development of legislative initiatives regarding the implementation of the European 4th Energy Package and coupling of the...

The Opportunities and Challenges Arising Out of Development in Climate Legislation

The Law of Ukraine "On Basic Principles of State Climate Policy" No. 3991-IX as of October 8, 2024 (the Climate Law of Ukraine) came into force on October 30, 2024. Simultaneously, this period is marked by the active development of legislative initiatives regarding the implementation of the European 4th Energy Package and coupling of...

The Role of Human Supervision in AI: Argentina’s Approach to Responsible AI Development

Argentina is leading the way in ensuring that AI development adheres to ethical standards. The country’s focus on human supervision, transparency, and fairness in AI design aims to mitigate risks such as misinformation and algorithmic bias while promoting technology that benefits society as a whole.

AZB & Partners Represents Zinnia on India Leg of Ebix Life and Annuity Software Acquisition

AZB & Partners represented Zinnia, a leading life and annuity insurance technology service company, on the India leg of its acquisition of Ebix Inc.’s Life and Annuity Software Assets. Our deal team comprised our Senior Partner Darshika Kothari, Partners Kunal Kumbhat and Nishanth Ravindran, Senior Associate Anushka Pemmaya, Associates...

Netherland’s Court Rules Insurers Must Investigate and Act in a Timely Manner for Violations of Duty of Disclosure

A July 23, 2024 ruling by the Dutch Court of Appeal (ECLI:NL:GHSHE:2024:2400) addressed the obligations of insurers when an insured violates the pre-contractual duty of disclosure under Dutch law. The case concerned an insurer's claim of breach of the insured's duty of disclosure for failing to disclose diabetes on a health certificate.

Argentina: The Application of Artificial Intelligence in the Health Control of Fishing Products

Argentina is leveraging artificial intelligence (AI) to enhance health control in the fishing sector through a project initiated by the National Service of Agri-Food Health and Quality (SENASA). This innovative approach aims to improve monitoring and sanitary control by detecting parasites in fish products more efficiently.

ACM Explores the Introduction of a Feed-In Tariff for Electricity Producers

Dutch energy regulator explores possibility of introduction of a feed-in tariff for producers.

Chandler MHM Advises on the First Sustainability-linked Bond Issued by an Asian Shipping Company

Chandler MHM advises on the first sustainability-linked bond issued by an Asian shipping company.

Archax Group LTD Acquires Spanish Securities Firm King & Shaxson Capital Markets

Cuatrecasas has advised Archax Group LTD (“Archax”) on acquiring King & Shaxson Capital Markets, Sociedad de Valores, S.A.U.

World Law Group Elects New Regional Directors to its Board of Directors

Washington, D.C., USA /Delegates representing member firms in WLG’s three regions—the Americas, Asia-Pacific (APAC), and EMEA—selected new members to serve on the organization's Board of Directors as Regional Directors.

AZB & Partners Advises Sintex-BAPL on Acquisition of Weetek Plastic

AZB & Partners advised Welspun and Sintex on the recent transaction where Sintex-BAPL Limited, a subsidiary of Welspun Corp, acquired Weetek Plastic. Welspun Corp, a flagship entity of the Welspun Group, undertook this strategic move to accelerate its entry into the rapidly growing plastic pipes market in India. Our deal team comprised our...

AZB & Partners Represents Zuora Inc. on Acquisition of Togai

AZB & Partners represented Zuora Inc. on its acquisition of metering firm Togai, with a view to enhance its AI usage-based models. Zuora is a leading enterprise software company which creates and provides software for businesses to launch and manage their subscription-based services. Togai provides metering and rating solutions, and this...

JUVE Handbook 2024: Taylor Wessing Germany Consolidates 5-star Ratings and Improves in Three Areas of Law

Taylor Wessing has received a 5-star rating in five legal areas in this year's JUVE Handbook and has improved its ratings in the areas of environmental and planning law, labour law: advice to companies and transport sector: financing. At the JUVE Awards 2024, which traditionally take place the day before the publication of the handbooks, Taylor...

Guatamala | Online Application For Migration Movement Certificate: Promoting More Efficient Processes

The Guatemalan Migration Institute has launched a new virtual process for requesting the Migration Movement Certificate.

WongPartnership LLP Enters into Groundbreaking Partnership with Harvey to Drive Generative AI Integration in Singapore’s Legal Industry

WongPartnership is proud to announce a strategic partnership with Harvey, a leading provider of generative AI solutions for the legal sector.

AZB & Partners Represents United Al Saqer Group on Investment in DNEG Group

AZB & Partners represented the United Al Saqer Group, a leading Abu Dhabi based investor, on its investment in the DNEG Group, which is a London headquartered world-leader in visual entertainment technology and services. DNEG is a world-leading visual entertainment services company for the creation of feature film, television, immersive, and...

AZB & Partners Advises Stephen Cretier and GardaWorld on 100% Acquisition of VCECN Holding

AZB & Partners advised Stephen Cretier and GardaWorld Security Corporation on Indian law aspects in relation to its 100% acquisition of stake in VCECN Holding Corporation and its subsidiaries, including OnSolve, LLC (“OnSolve”), for an aggregate consideration of USD 375 million. OnSolve is a leading provider of critical event management and...

AZB & Partners Advises 3M on Indian Law Aspects of Global Healthcare Business Spin-Off

AZB & Partners advised 3M Company on all Indian law aspects of the global spin-off of its healthcare business into a new independently entity listed on the New York Stock Exchange, Solventum Corporation. The transaction involved the legal separation and reorganization of 3M’s healthcare business with a turnover of USD 8.2 billion in over 90...

AZB & Partners Acts for OYO on Share Issuance to Patient Capital Investments

AZB & Partners acted for Oravel Stays Limited (“OYO”) on the issuance of certain Series G fully and compulsorily convertible cumulative preference shares by OYO to Patient Capital Investments Pte. Ltd., amounting to acquisition of less than 5% of its shareholding, on a fully diluted basis, for a total consideration amount of about USD 98.87...

New Consumer Protection Measures in Condominium Reservation Agreements

In response to the increasing supply and demand for condominium units, the Contract Committee (the “Committee”) under the Consumer Protection Act B.E. 2522 (1979) (the “Consumer Protection Act”) has taken significant steps to safeguard consumer interests. On 30 August 2024, the Committee issued the Notification of the Contract Committee re:...

Impact of Cybercrimes in Panama

The digital era in Panama has driven business transformation, but at the same time, this progress has also led to an increase in cybercrimes, generating security concerns. This article explores the impact of cybercrime in Panama, analyzing different ways in which these attacks can affect the operation, reputation and financial health of various...

The Constitutional Court Identifies Breaches to the Constitution in the Jaguar 2.0 Bill Proposed by the Executive Branch

The Constitutional Court examined the "Jaguar Law" project (legislative file No. 24.467) presented by the Executive Branch, which proposes a reform to the General Law on Public Procurement.

Approval of the “Guide for the Development of a Market Surveillance Program to Monitor the Quality of Products Regulated by the ANRS Throughout the Supply Chain”

On October 4, 2024, the National Health Regulation Authority (ANRS) of Nicaragua approved the “Guide for the development of a market surveillance program to monitor the quality of products regulated by the ANRS throughout the supply chain” through which are established the quality monitoring criteria for products regulated by the ANRS and the...

Travel Rule in El Salvador: Monitoring Financial and Virtual Asset Transactions