Riga, Latvia from Thursday 1 to Friday 2 June 2017
CMS has advised iCotton, a manufacturer of hygiene products in Eastern Europe, on its acquisition of a controlling 59.95% stake Harper Hygienics from Polish Enterprise Fund V, a private equity fund managed by Enterprise Investors. Gessel advised the sellers on the deal.
As part of comprehensive arbitration law reform in Russia, the new Russian Arbitration Law (Domestic) has come into force and become better aligned with the UNCITRAL Model Law. Several aspects of the new Arbitration Law need to be kept in mind when executing new arbitration agreements and enforcing existing ones.
Debevoise & Plimpton has advised Universal Cargo Logistics Holding (UCL Holding) in the division of the shipbuilding and shipping business of Volgo-Balt Transport Holding (VBTH) with its minority shareholders, whereby the Vodokhod group – the river cruise business of VBTH – was taken over by the minority shareholders and UCL Holding consolidated 100% of VBTH, which has retained control of all of the shipbuilding and water cargo transportation assets. Chadbourne & Parke advised the minority shareholders on the deal.
Taylor Wessing has advised Warimpex Finanz- und Beteiligungs Aktiengesellschaft on the partial sale of its hotel portfolio to the Thai investor U City Public Company Limited. CHSH and Hogan Lovells advised U City on the transaction, which included participations in eight hotels in the Czech Republic, Poland, and Romania, two of which are partly (50%) owned by UBM Development AG.
White & Case has advised Credit Suisse Securities (Europe) Limited, Morgan Stanley & Co. International plc, VTB Capital plc, and Aton LLC as Joint Bookrunners on the RUB 10,416.7 million (approximately USD 175 million) secondary public offering (SPO) of 138,888,888 existing ordinary shares in PAO ‘TMK’, a leading global manufacturer and supplier of tubular products for the oil and gas industry. Latham advised PAO 'TMK'.