Page 28 - Herbert Smith News Today

  London may recently have lost ground to Singapore, but practitioners insist it still plays a pivotal role in the world of arbitration. ‘London continues to be a tremendous success story,’ says Herbert Smith Freehills partner Craig Tevendale. ‘It remains one of the most frequently chosen seats of arbitration and, in the global context, is probably still the most popular arbitral seat of all. London is the most frequently selected seat for both LCIA and ICC institutional arbitration and ...

Sonder secures $16m capital raise Sonder secures $16m capital raise 15 June 2021 • By Naomi Neilson Share "); googletag.cmd.push(function() { googletag.display(div-gpt-ad-1606778613657-0); }); } Advertisement Deal: BigLaw firm Herbert Smith Freehills (HSF) private equity and venture capital team has advised Sonder on its $16 million capital raise.  Value: $16 million.  Area: Venture capital raisings. Key players: The team was led by partner and head of venture c...

Japara grants suitor access to its books Share The board of Japara Healthcare has opened its books to suitor Little Company of Mary Health Care Ltd, also known as Calvary Healthcare, taking a possible tie-up one step closer. On June 5, Japara received an increased non-binding indicative proposal from Calvary seeking to buy 100 per cent of the shares via a scheme of arrangement at $1.20 per share, valuing the equity at $444.1 million. Japara shares shot up over 6 per cent in early trade but by 1...

7 June 2021 Founder and CEO I was motivated to leave traditional legal practice to launch Redefine Legal, in order to try to fix the significant failures in how legal services are provided to startups and SMEs. Access to legal help should be a fundamental right, but traditional legal services are too complicated, expensive and inefficient, with no price transparency. This is evidenced, for example, by the fact that 40% of SMEs (circa 2.4 million businesses) believe that ‘legal advice is res...

MILTON — American Legion Post 139 of Milton honored fallen comrades on Memorial Day, May 31, by performing honors at cemeteries across eastern Cabell County.

Global travel firm Tui has agreed two buy-ins worth a total of £794m with Legal & General (L&G) Assurance Society, insuring two sections of the Tui Group UK Pension Trust.

Long-term goal for TUI Group UK Pension Trust is full insurance

By Susanna Rust2021-06-01T10:36:00+01:00 A UK pension scheme of travel agency company TUI has agreed two pension risk transfer transactions for £794m (€921m) with Legal & General Assurance Society Limited. The deals comprise a £610m partial buy-in for the BAL section of the TUI Group UK Pension Trust, and a £184m full buy-in for the TAPS section of the scheme. There are three pension sections within the scheme. Mike Roberts from PAN Trustees, chair of the trustee board, said the transact...

TUI Group U.K. Pension Trust insured $1.1 billion in liabilities through two buy-ins with Legal and General.

Top City firms are cautiously preparing to fully reopen their offices next month, with desk-booking apps, flexible working pilots and weekly team meetings. Full-time staff at Fieldfisher are due to return to the office for three days a week from 21 June, when the government hopes to remove all legal limits on social contact. Allen & Overy is pressing ahead with plans to fully reopen its London premises, while Irwin Mitchell’s 15 offices are due to open at 50% capacity, with desk booking syste...