England and Wales

World Renowned Banking and Financial Restructuring Team Joins Greenberg Traurig

Retrieved on: 
Monday, December 18, 2023
University School, Lisp (programming language), England and Wales, Trustee, Brooklyn Law School, Real estate, Winston & Strawn, Skidmore College, LL.M, Student, LLP, American Bankers Association, Das, SOAS, CLO, OPM, Education, Harvard Business School, Columbia University, Lawyer, Annual general meeting, Greenberg Traurig, Lincoln, ACIC, Binghamton University, American College, Finance, Transport, Seward & Kissel, Barnard College, University of London, Financial services

NEW YORK, Dec. 18, 2023 /PRNewswire-PRWeb/ -- Leading banking, finance, and restructuring lawyer Kalyan "Kal" Das joined Greenberg Traurig, LLP along with Sharan Calay and Andrew Silverstein. They join from Seward & Kissel, where Das has spent over three decades and was head of its Global Bank and Institutional Finance & Restructuring Practice. He will be based in the New York, London, and Bridgehampton offices. Calay and Silverstein, also previously at Seward & Kissel for more than two decades, will be based in New York. They join as shareholders.

Key Points: 
  • NEW YORK, Dec. 18, 2023 /PRNewswire-PRWeb/ -- Leading banking, finance, and restructuring lawyer Kalyan "Kal" Das joined Greenberg Traurig, LLP along with Sharan Calay and Andrew Silverstein .
  • They join from Seward & Kissel, where Das has spent over three decades and was head of its Global Bank and Institutional Finance & Restructuring Practice.
  • We have known the lawyers at Greenberg Traurig for quite some time and our clients will benefit by working with the talented global team, leveraging the firm's resources around the world," Das said.
  • She represents clients from various industries such as banks, financial institutions, and businesses in both domestic and cross-border financing transactions.

Atento announces the successful implementation of its financial restructuring and unveils new business strategy leading the way to BTO (Business Transformation Outsourcing)

Retrieved on: 
Monday, November 27, 2023
EBITDA, Acquisition, Net promoter score, Exit, Sidley Austin, LLP, English, Business process, Synthetic media, CSAT, Business transformation, ISO, Heart, CX, System, Automation, Net, RPA, High court, ESG, Frost, Growth, NPS, AI, England and Wales, Microsoft, Customer satisfaction, Companies Act 2006, Gartner, Houlihan Lokey, Customer service, Sales, Financial services, Atena, Atento

Technology-driven transformation, such as AI and intelligent automation, will remain the backbone for delivering the best customer experience with a human touch.

Key Points: 
  • Technology-driven transformation, such as AI and intelligent automation, will remain the backbone for delivering the best customer experience with a human touch.
  • Moving forward, Atento enters a new phase in its business strategy aimed at leading the way to Business Transformation Outsourcing, boosting its competitiveness in the market, and improving its growth outlook.
  • The Company today announces the occurrence of the Restructuring Effective Date on 27 November 2023 and the successful completion of its financial restructuring, implemented by way of a UK restructuring plan pursuant to Part 26A of the Companies Act 2006 (the "Restructuring Plan").
  • The Company's business strategy going forward will pivot on three main pillars: (i) revenue diversification, (ii) driving operational excellence, and (iii) transformation.

Burford Capital, PLI Press Publish Comprehensive Reference on Commercial Legal Finance

Retrieved on: 
Thursday, November 2, 2023
England and Wales, Burford Capital, Aviva, Mechanics, Patent, Practising Law Institute, Lawyer, Cryptocurrency, Practice of law

NEW YORK, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Global legal finance company Burford Capital announces the release of a new book providing an indispensable overview of the industry and practical introductions to the use of commercial litigation and arbitration finance in key jurisdictions worldwide.

Key Points: 
  • NEW YORK, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Global legal finance company Burford Capital announces the release of a new book providing an indispensable overview of the industry and practical introductions to the use of commercial litigation and arbitration finance in key jurisdictions worldwide.
  • Published by PLI Press, a division of Practising Law Institute, Commercial Legal Finance addresses key questions about legal finance structures, pricing, and mechanics, providing a step-by-step overview of the process for obtaining legal finance.
  • Covering key jurisdictions including the US, England & Wales, Europe, Asia, and Australia, the book addresses ethical considerations for litigants and lawyers, key considerations for commercial litigation, patent litigation and arbitration financing, and a legal finance glossary of terms.
  • “In-house counsel with responsibility for litigation and arbitration, as well as law firm practitioners advising clients in this area, can benefit from a comprehensive reference to the commercial legal finance industry that offers practical guidance on the mechanics of litigation and arbitration finance in key jurisdictions and practice areas around the world,” says David Perla, Co-Chief Operating Officer at Burford Capital, who co-edited the treatise with Co-Chief Operating Officer Aviva Will and Burford’s Suzanne Butters.

Mishcon de Reya LLP: Individuals and entities behind the fraudulent cryptocurrency OneCoin face UK lawsuit brought by investors

Retrieved on: 
Monday, September 25, 2023
Cryptocurrency, Professional Services, Legal, Bitcoin, Crypto, England and Wales, LLP, Mishcon de Reya, Arrest, Justice, High court, Mishcon, Address, District court, Investment, High Court of Justice, Ruja Ignatova, Fraud, Insurance, Charles Ponzi, OneCoin

OneCoin was launched in 2014 as a cryptocurrency to rival Bitcoin and promised investors significant returns on their investment.

Key Points: 
  • OneCoin was launched in 2014 as a cryptocurrency to rival Bitcoin and promised investors significant returns on their investment.
  • In fact, OneCoin was not a legitimate cryptocurrency at all, and was operated as a Ponzi scheme which defrauded investors around the world.
  • The aim is to recover for investors the losses they suffered at the hands of those who perpetrated the fraud.
  • Rhymal Persad, Partner at Mishcon de Reya, said;
    “The fraudulent OneCoin scheme concocted by Ruja Ignatova and others greatly impacted the lives of its victims who ranged from sophisticated to lay investors.

Marchesi Frescobaldi Now Partner of The Accademia Niko Romito

Retrieved on: 
Tuesday, September 12, 2023
IGT, Social responsibility, Bulgari Hotel and Residences, Heart, Learning, England and Wales, Food, Partnership, European Court of Justice, Student, Gaiole in Chianti, Michelin, DOC, Research, Multimedia, History, Pope, Philosophy, DOCG, Cooking, Education minister, Knowledge, Personality, Growth, Scuola, Mandalay Resort Group, Environment, Family, Wine, Magliano, Restaurant, Viticulture, Design, Tourism, Tim Remole, Sieci, Attems, Collio, Montalcino

FLORENCE, Italy, Sept. 12, 2023 /PRNewswire-PRWeb/ -- The Marchesi Frescobaldi family wine firm has officially established a partnership with the Italian Accademia Niko Romito, thus enriching the parterre of courses, trainings, and experiences to be enjoyed by the students of the Niko Romito Group's Scuola di Alta Formazione di Cucina (Advanced Training Cooking School). Marchesi Frescobaldi, long renowned as one of the main Tuscan producers, a wine empire since over 700 years, has been the purveyor of fine wines to the leading European Courts, the English Court, and numerous Popes.

Key Points: 
  • The active participation of Marchesi Frescobaldi will make the training of Academy Niko Romito students even richer and broader, adding valuable dimensions related to history, planning skills, and sensitivity to the environment and to the local and broader communities.
  • Professional training is the focus of the Accademia Niko Romito and the future Campus Niko Romito, a hub for applied research into the future of nutrition and into innovative methodologies of food transformation.
  • Production involves exclusive pastry and bread products under the signature of Laboratorio Niko Romito (Chef Niko Romito), a portfolio designed for consumers in a home setting.
  • Design and development of a variety of food-service solutions, such as Spazio Niko Romito, Bomba Niko Romito, Alt – Stazione del Gusto.

Amarin Reports Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, August 2, 2023
Acceleration, England and Wales, Pressure, Partnership, Prescription, HTA, GAAP, England, Forecasting, Professional corporation, IPE, Medicare, Gold, Patient, Investment, Risk, Organization, Commercial, Kingdom, Research, Health technology assessment, Total, Pharmaceutical industry, Rare-earth element, Renewable energy, Cryptocurrency, Bank, Amarin

DUBLIN, Ireland and BRIDGEWATER, N.J., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Amarin Corporation plc (NASDAQ:AMRN) today announced financial results for the quarter ended June 30, 2023 and provided an update on company operations.

Key Points: 
  • -- Company Reported Total Net Revenues of $80 Million in Second Quarter 2023; Total Net Revenues Included Net Product Revenues of $65 Million, $15 Million in License and Royalty Revenues, of Which $11 Million is Non-Cash --
    DUBLIN, Ireland and BRIDGEWATER, N.J., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Amarin Corporation plc (NASDAQ:AMRN) today announced financial results for the quarter ended June 30, 2023 and provided an update on company operations.
  • Mr. Holt continued, “Amarin’s second quarter performance was marked by continued revenue generation in the U.S. and a cash positive quarter.
  • U.S. product net revenue was $64.6 million in the second quarter of 2023, a decline of $17.7 million versus the first quarter of 2023, a decrease of 22% sequentially.
  • In the second quarter of 2023, Amarin secured regulatory approval for VASCEPA in China and the Kingdom of Saudi Arabia.

Leading Independent Proxy Advisory Firm ISS Joins Glass Lewis in Recommending Shareholders Vote “For” All Proposals Related to Liberty Global’s Proposed Bermuda Redomicile

Retrieved on: 
Wednesday, July 5, 2023
Technology, Mobile, Wireless, Telecommunications, 5G, Internet, Carriers and Services, England and Wales, Bank statement, Institutional Shareholder Services, LBTYA, Liberty Global, Glass, ISS, Cryptocurrency, Management, Bookkeeping

The ISS recommendation follows a similar recommendation from independent proxy advisory firm Glass, Lewis & Co. (“Glass Lewis”).

Key Points: 
  • The ISS recommendation follows a similar recommendation from independent proxy advisory firm Glass, Lewis & Co. (“Glass Lewis”).
  • Liberty Global’s day-to-day operations in all its businesses, including its joint ventures in the U.K. and the Netherlands, will be unaffected.
  • There will be no material change in Liberty Global’s financial statements and no changes in its financial documents, financings, bonds or credit agreements.
  • Liberty Global’s Board of Directors encourages shareholders to vote for all of the proposals related to the transaction.

Independent Proxy Advisor Glass Lewis Recommends Shareholders Vote for All Proposals Related to Liberty Global’s Change of Incorporation

Retrieved on: 
Wednesday, June 28, 2023
Technology, Mobile, Wireless, Telecommunications, 5G, Internet, Carriers and Services, England and Wales, Bank statement, LBTYA, Glass Lewis, Liberty Global, Glass, Cryptocurrency, Holding company, Bookkeeping

Liberty Global plc (“Liberty Global”) (NASDAQ: LBTYA, LBTYB and LBTYK) today announced that in its report issued June 23, 2023, independent proxy advisory firm Glass, Lewis & Co. (“Glass Lewis”) has recommended that Liberty Global’s shareholders vote for all of the Company’s proposals in connection with Liberty Global’s intention to change its place of incorporation from England & Wales to Bermuda.

Key Points: 
  • Liberty Global plc (“Liberty Global”) (NASDAQ: LBTYA, LBTYB and LBTYK) today announced that in its report issued June 23, 2023, independent proxy advisory firm Glass, Lewis & Co. (“Glass Lewis”) has recommended that Liberty Global’s shareholders vote for all of the Company’s proposals in connection with Liberty Global’s intention to change its place of incorporation from England & Wales to Bermuda.
  • Commenting on the Glass Lewis recommendation, Liberty Global stated the following:
    “Liberty Global appreciates Glass Lewis’ support for our proposal to change our incorporation from England & Wales to Bermuda.
  • There will be no material change in Liberty Global’s financial statements and no changes in its financial documents, financings, bonds or credit agreements.
  • Liberty Global’s Board of Directors urges shareholders to vote for all of its proposals related to its change of incorporation.

Goulston & Storrs Director Rhian Cull Named a 2023 Go To Construction Lawyer by Mass Lawyers Weekly

Retrieved on: 
Monday, June 5, 2023
England and Wales, Bachelor, Partnership, University, ADR, Chambers, Pro bono, Lawyer, LL.B, Culling, Documentation, Risk, Water, Master, Transport, University of Essex, Construction

BOSTON, June 5, 2023 /PRNewswire/ -- Goulston & Storrs , an Am Law 200 firm, is pleased to announce that director Rhian Cull has been named a 2023 Go To Construction Lawyer by Mass Lawyers Weekly for her long record of excellence in construction law.

Key Points: 
  • BOSTON, June 5, 2023 /PRNewswire/ -- Goulston & Storrs , an Am Law 200 firm, is pleased to announce that director Rhian Cull has been named a 2023 Go To Construction Lawyer by Mass Lawyers Weekly for her long record of excellence in construction law.
  • With 30 years of experience in complex procurement in the international construction industry, Cull is known for her ability to help high-profile clients creatively navigate complex, industry-defining commercial and public-private real estate construction partnerships to bring massive construction projects to successful completion.
  • She has deep experience with various project delivery methods, such as design/bid/build, construction manager at risk, design-build, and public-private partnership (P3) projects.
  • Cull is ranked in Best Lawyers in America: Litigation-Construction and Chambers USA, Construction (MA).

Amarin Reports First Quarter 2023 Financial Results and Provides Business Update

Retrieved on: 
Wednesday, May 3, 2023
England and Wales, Partnership, Operational definition, Telephone, HTA, GAAP, EDT, Amarin, Forecasting, Professional corporation, IPE, Patient, Investment, Research, Conference, Health technology assessment, Bank, Pharmaceutical industry, Airline, Cryptocurrency

-- Company to Host Conference Call Today at 8:00 a.m. EDT --

Key Points: 
  • To date in the U.K., Amarin is working to secure VAZKEPA patient access through local formulary negotiations, and we expect those negotiations will continue to progress throughout 2023.
  • In the first quarter of 2023, Amarin secured regulatory approval for VAZKEPA in New Zealand and Israel.
  • During the three months ended March 31, 2023, Amarin amended a supplier agreement resulting in a charge of $12.3 million.
  • The company has provided these non-GAAP financial measures in addition to GAAP financial results because it believes that these non-GAAP adjusted financial measures provide investors with a better understanding of the company’s historical results from its core business operations.