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Norton Rose advises consortium of banks on $500m bond issuance

Global law firm Norton Rose Fulbright has advised Australia and New Zealand Banking Group Limited, Citigroup Global Markets Limited, Emirates NBD Bank PJSC, Industrial and Commercial Bank of China Limited, Dubai (DIFC) Branch, J.P. Morgan Securities plc and Société Générale as joint lead managers on a US$500 million bond issuance by Emirates NBD Bank PJSC.

The notes are due February 2025 and were issued off Emirates NBD Bank PJSC’s $12,500,000,000 Euro Medium Term Note Programme, which was updated in July 2019 and on which Norton Rose Fulbright also advised.

The Dubai-based Norton Rose Fulbright team was led by head of debt capital markets for the Middle East, Gregory Man, with assistance from senior associate, Ganna Vlasenko.

Gregory Man commented: “We are proud to have been involved in this transaction. This deal builds on Norton Rose Fulbright’s track record of advising on notable bond transactions in the region and once again provided us with the opportunity to represent many of our leading financial institutions clients.”

About Norton Rose Fulbright

We provide the world’s preeminent corporations and financial institutions with a full business law service. We have more than 3,700 lawyers and other legal staff based in Europe, the United States, Canada, Latin America, Asia, Australia, the Middle East and Africa.

Recognised for our industry focus, we are strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare. Through our global risk advisory group, we leverage our industry experience with our knowledge of legal, regulatory, compliance and governance issues to provide our clients with practical solutions to the legal and regulatory risks facing their businesses.

Wherever we are, we operate in accordance with our global business principles of quality, unity and integrity. We aim to provide the highest possible standard of legal service in each of our offices and to maintain that level of quality at every point of contact.

Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. Norton Rose Fulbright has offices in more than 50 cities worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg.

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Hogan Lovells Celebrates the New Year with 29 Promotions

Global law firm Hogan Lovells today announced that 29 of its people have been promoted to partner effective 1 January across a network of 45+ offices in 24+ countries, spanning Africa, Asia, Australia, Europe, the Middle East, and the Americas.

Speaking on the promotions, Hogan Lovells’ CEO Steve Immelt commented:

“Each of these individuals has demonstrated our core values through their hard work, client dedication, leadership behaviors and innovative thinking. Their additions to the partnership are a reflection of our truly global and diverse culture at the firm. The achievements of this talented group reflect the excellent work the firm does in recruiting and retaining the best people in a highly competitive legal marketplace. With that in mind, I am particularly pleased that more than 40 percent of our new partners and new counsel are women. I congratulate all those who were promoted and wish them every success as they continue their career with us.”

Each of Hogan Lovells’ five practice groups is represented in the 2020 partner promotions:

  • Eight in Corporate (including in Transactional, Real Estate, and Tax)
  • Seven in Litigation, Arbitration and Employment (including in Litigation, Arbitration, Investigations, White Collar and Fraud, and Employment)
  • Nine in Global Regulatory (including in Communications, Environment and Natural Resources, Medical Device and Pharmaceuticals and Biotechnology, Health, International Trade and Investment, Antitrust, Competition and Economic Regulation, and Financial Services)
  • Two in Finance (including in Business Restructuring and Insolvency, and Infrastructure, Energy, Resources and Projects)
  • Three in Intellectual Property, Media and Technology

The additions to the partnership are a reflection of Hogan Lovells’ progress as one of the legal world’s only true global law practices. The new partners include:

  • 14 in the Americas, spread across our Baltimore, Denver, Mexico City, New York, Northern Virginia, and Washington, D.C. offices
  • Eight in the UK and Africa, in our London office
  • Six in Continental Europe, spread across our Frankfurt, Luxembourg, Munich, Madrid, and Rome offices
  • One in Asia Pacific and the Middle East, in our Tokyo office.
  • 13 women and 16 men.

In addition to the 29 new partners, 56 of our lawyers have been promoted to Counsel.

Our clients see us as an extension of their team, because we put ourselves in their shoes at every turn. They trust our recommendations, and we prove our worth time and again with commercially astute solutions.

If you would like to find out more information, please visit: https://www.hoganlovells.com/

HFW boosts fast-growing transactional offering

Global, sector-focused law firm HFW has continued to expand its fast-growing transactional offering with the hire of senior corporate finance partner Wing Cheung.

Wing specialises in capital markets, including initial public offerings, as well as M&A, private equity and other transactional work. He joins HFW’s Hong Kong office from US law firm Locke Lord, where he was Hong Kong Managing Partner.

Wing’s arrival continues HFW’s significant expansion of its global corporate and finance practices. HFW launched a transactional practice in China earlier this year and has now added 19 transactional partners across its international network since 2018, including lateral hires in Abu Dhabi, Hong Kong, Houston, London, Monaco, Paris and Singapore.

Patrick Yeung, Hong Kong Office Head, HFW:

“This is a major boost to our transactional offering in Greater China and the wider region. Wing brings a wealth of experience of high-end corporate finance, and has an outstanding reputation for his technical expertise and exceptional client service. I am thrilled to welcome him to the firm.”

Wing advises clients on a wide range of corporate and commercial matters, including initial public offerings and M&A. He also has significant experience in regulatory enforcement and compliance, having acted on major investigations and other proceedings by the Hong Kong Stock Exchange and the Hong Kong Securities and Futures Commission.

Wing Cheung, Partner, HFW:

“I am very excited to be joining HFW. It’s been really noticeable over the past few years that HFW is building a strong global corporate and finance practice to complement its leading reputation for disputes and sector-related work. I’m looking forward to helping the firm continue that growth, and working with the HFW transactional teams in Greater China and across the firm’s extensive international network.”

HFW has operated in Greater China for more than 40 years, having been one of the first international law firms to open an office in the country, in 1978.

The firm now has almost 80 lawyers in Greater China, including 21 partners, and is a market leader in aviation, commodities, construction, energy, insurance, shipping, commercial litigation and corporate.

HFW also recently brought in a market-leading team to launch in Monaco – one of 11 international office openings, mergers and associations since 2016, including a fully-integrated US merger and other moves in Brazil, China, Indonesia and the Middle East.

About HFW

HFW is a leading global law firm in the aerospace, commodities, construction, energy, insurance, and shipping sectors. The firm has more than 600 lawyers, including 185 partners, based in offices across the Americas, Europe, the Middle East and Asia-Pacific. HFW prides itself on its deep industry expertise and its entrepreneurial, creative and collaborative culture.

If you would like to find out more information, please visit: https://www.hfw.com/

Baker Tilly named Great Place to Work® for 4th Consecutive Year

The Great Place to Work® organisation recertified leading accounting and advisory firm Baker Tilly Virchow Krause LLP (Baker Tilly) as a great workplace.

The Great Place to Work designation is the gold standard in workplace recognition and is a special achievement determined by responses and opinions that randomly selected employees provide in a comprehensive, anonymous survey.

“Validation from our team members is an especially high honour and reflects our dedication to creating an extraordinary culture,” Baker Tilly Chairman and CEO Alan D. Whitman said. “People are the underpinning of our entire strategy as we create the advisory CPA firm of the future, today.”

Baker Tilly team members scored the firm positively with the following top survey statements:

  • 99 percent – this is a safe place to work
  • 96 percent – people are treated fairly regardless of race or sexual orientation
  • 95 percent – management is honest and ethical
  • 94 percent – people are given a lot of responsibility
  • 94 percent – our clients would rate our service as “excellent”
  • 93 percent – you feel welcome when you join the firm

A full 89 percent of Baker Tilly employees said taking everything into account that the firm is a great workplace, according to the survey. That ranking is similar to that of the country’s most respected employers.

“We’re humbled to again be nationally recognised as a Great Place to Work,” said Todd Stokes, managing partner – people. “Our team members bring our culture to life. This honour belongs to them.”

About Baker Tilly Virchow Krause LLP

Baker Tilly Virchow Krause, LLP (Baker Tilly) is a leading advisory, tax and assurance firm whose specialised professionals guide clients through an ever-changing business world, helping them win now and anticipate tomorrow. Headquartered in Chicago, Baker Tilly, and its affiliated entities, have operations in North America, South America, Europe, Asia and Australia. Baker Tilly is an independent member of Baker Tilly International, a worldwide network of independent accounting and business advisory firms in 145 territories, with 34,700 professionals. The combined worldwide revenue of independent member firms is $3.6 billion. Visit bakertilly.com or join the conversation on LinkedIn, Facebook and Twitter.

Baker Tilly Virchow Krause, LLP is a member of the Baker Tilly International network, the members of which are separate and independent legal entities. Baker Tilly refers to the global network of accounting firms of Baker Tilly International Limited. Each member firm is a separate legal entity. Baker Tilly International Limited does not provide services to clients.

Hogan Lovells partner joins Baker McKenzie in Johannesburg

Baker McKenzie has appointed trade and commodity finance lawyer Lodewyk Meyer as a partner in its banking and finance practice group in Johannesburg.

Meyer was previously partner of the banking and finance team at Hogan Lovells in Johannesburg, where he had been since 2015.

His experience also includes roles at Norton Rose Fulbright, Bowman Gilfillan, Standard Chartered, Nedbank and Absa. Throughout his career he has advised banks, structured trade and speciality funds, and actors in the commodity value chain in Africa, the Middle East, Asia, Europe and the US.

“Lodewyk’s hire forms part of our strategy to grow our transactional practice in Africa through strategic recruitment and organic promotions,” says Baker McKenzie managing partner Morne van der Merwe. “Lodewyk’s skills in trade, finance and investment in Africa are invaluable to multinational organisations who must negotiate a multitude of trade and finance laws and regulations when transacting across borders in Africa.”

Roland Berger appoints eight new partners in Europe

In home-country Germany, Frank Pietras and Uwe Weichenhain have joined the firm’s leadership. Pietras is based in Roland Berger’s Munich office and is an automotive expert. He specialises in automotive advisory, commercial due diligence, growth strategy, market & product strategy and business processes transformation.

Uwe Weichenhain has been with the consultancy for over a decade, and has been named a partner in the firm’s Energy & Infrastructure arm. He is an expert in new technologies that drive the transition towards sustainable infrastructure, including offshore wind, power transmission, gas and LNG, hydrogen, and digital technologies.

In the Netherlands, where Roland Berger has a team of around 100 consultants based in Amsterdam, Koen Besteman and Sameer Mehta have been promoted to partner level. Besteman specialises in the life sciences, and biopharma industry, supporting companies with innovation management, new market development, business cases, and setting up value models for research projects and portfolios. He also has gained extensive experience supporting universities with strategic and financing topics.

Having joined Roland Berger in 2010, Sameer Mehta focuses on merger & acquisition and investor support services. He works with private equity firms and corporate clients on topics related to due diligence, growth & performance improvement and restructuring. Mehta advises clients in a broad range of industries, including pharmaceuticals, healthcare and industrial products, with a particular focus on automotive, media, technology and steel.

In Sweden, Benny Guttman has been appointed a partner in the Gothenburg office. He has previously worked for three consulting firms, Accenture, EY and McKinsey & Company, prior to joining Roland Berger in 2017. In between consulting, he spent eight years at Volvo, the last six of which he was Senior Vice President at Volvo Logistics where he headed Strategy, Corporate Values and Operational Development. Guttman’s work is focused around strategic and operational improvement at clients in the automotive, manufacturing, med-tech and retail industries.

Artem Zakomirnyi has been serving the consulting firm for over twelve years, working from the offices in Moscow, Russia, and Kiev, Ukraine. He specialises in strategic and operations work in the consumer goods and retail industries. Zakomirnyi also has a deep understanding of supply chain and logistics topics, for both the traditional retail as well as online (e-commerce) retail channels.

Based in Bucharest, Romania, Szabolcs Nemes has been with the firm since 2001, in the period developing industry expertise in energy & utilities, telecommunications and transportation. His functional expertise spans strategy development, large-scale transformation, definition of new organisation models, operational excellence and efficiency improvement. Nemes supports clients in Romania and throughout the Central Eastern European region.

Last but not least, the Frenchman Pierre-Antoine Bodin, who has been named a partner in Roland Berger’s Pharma and Healthcare practice. Prior to joining the management consultancy in 2012, he spent eight years in various supply chain and marketing positions at pharma companies Johnson & Johnson and Pfizer.

Beyond the eight new partners in Europe, Roland Berger also promoted four partners in Asia and the Middle East.