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Corporate

Facebook Launches Messenger payments in the UK and France

13 Nov 2017

Paul Hastings LLP, a leading global law firm, has advised Facebook on the launch of its Messenger payments service in the United Kingdom and France.
The person-to-person (P2P) service allows Facebook users to send money in a fast, secure and simple way, without needing to directly contact their bank or even leave a Messenger conversation.
The UK and France are the first jurisdictions outside of the U.S. where the P2P service has been made available since the service was launched in the U.S. in 2015.

King & Wood Mallesons advises ICBC Leasing on establishment of the first financial leasing subsidiary in Macao

07 Nov 2017

ICBC Financial Leasing Macao Company Limited (“ICBC Leasing Macao Subsidiary”) was officially opened. As a professional subsidiary practically wholly controlled by ICBC Leasing, ICBC Leasing Macao Subsidiary is the first financial leasing company acquiring a financial leasing license in Macao owned by a mainland company since the Macao government announced its efforts to boost featured finance business.

Fieldfisher insolvency and restructuring, life sciences and corporate teams advise on ground breaking rescue of AIM-listed Redx Pharma plc

07 Nov 2017

A multi-disciplinary team led by insolvency and restructuring partner Stewart Perry has advised the joint administrators, at FRP Advisory, of Redx Pharma plc in a ground-breaking corporate rescue which has seen Redx returned from administration to the control of its directors.

Stephenson Harwood advises BUPA UK on the launch of its first clinic in China

03 Nov 2017

Stephenson Harwood LLP, with its associated Chinese law firm Wei Tu, has advised BUPA UK on the establishment of its first clinic in China.

The team provided regulatory guidance to BUPA, and helped it to obtain the medical license for the clinic, which is based in Guangzhou's central business district. The clinic is equipped with the latest medical equipment, and offers a variety of high quality medical services, ranging from women's health, stress management, gastroenterology, and musculoskeletal health.

Wierzbowski Eversheds Sutherland advises Nokia Solutions and Networks in successful tender for PKP PLK

31 Oct 2017

Wierzbowski Eversheds Sutherland advised Nokia Solutions and Networks Sp. z o.o. in establishing a consortium for a tender procedure for PKP Polskie Linie Kolejowe SA concerning the construction of the ERTMS/GSM-R system on railway lines. The multi-billion-zloty project is one of the key modernization projects of the Polish railways and one of the largest projects of this type on the Polish market.

New Folkwang University at Zollverein property inaugurated – award and contracts by Heuking Kühn Lüer Wojtek

30 Oct 2017

The new Folkwang University on the Zollverein property was inaugurated on October 26, 2017. Additional elements of the construction project such as the RAG headquarters, a hotel, a daycare center, and a business incubator will follow. The team led by Ute Jasper advised NRW.Urban GmbH & Co. KG as a trustee of the State of North Rhine-Westphalia in the demanding award procedure and assumed designing, preparing, and drafting of the real estate purchase contracts.