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Clyde & Co has advised Sanpower Group Co. Limited (Sanpower Group) in relation to its acquisition of an 89% stake in British retailer House of Fraser. The deal, signed on 3 April 2014 and valued at approximately GBP 480 million (USD 800 million), is the Sanpower Group’s first major investment in the UK retail sector and China’s largest foreign retail investment to date.
The impact of sanctions is going far beyond governments’ intentions. The fear of breaching sanctions – and incurring significant fines – is inhibiting companies conducting legitimate trades, thereby disrupting markets according to a survey just conducted by Clyde & Co – a leading firm of lawyers in the sanctions area.
A new report, Striking the balance between national interest and international demand just published by Clyde & Co, identifies the economic triggers behind the rising tide of resource nationalism; outlines the implications for producers, providers and the market and indicates the steps executives in the worst affected sectors can take in order to minimise the threat.
The concerns raised by fast moving and complex international sanctions regimes were articulated by a capacity audience of re/insurance brokers and underwriters at a Clyde & Co seminar on the subject yesterday. A wide range of speakers from HM Treasury, Lloyd’s, the IUA, KPMG and Clyde & Co discussed the challenges posed by the differing attitudes towards enforcement by the UK and US governments.
Clyde & Co's offices in Abu Dhabi and Dubai have received the 2014 International Law Office (ILO) and Lexology 'Client Choice Award' for the UAE. The win marks the third time the firm has won the award.
Clyde & Co is pleased to announce the further expansion in Asia Pacific of its global projects and construction practice with the addition of construction specialist Eugene Tan. Based in Singapore, Eugene leads the firm’s South East Asia construction practice.
In a speech today at the RICS, Liz Jenkins, partner in Clyde & Co’s Global projects and construction group, spoke about the need for the UK to inspire the confidence of international infrastructure investors.
Clyde & Co has advised PANDORA, a Danish listed company and leading manufacturer and retailer of hand-finished jewellery, on the regional aspects of its strategic acquisition of Pan ME A/S, a distributor of PANDORA jewellery in Bahrain, Oman, Qatar and UAE.
Asian MENA Counsel has named Nassif BouMalhab, Dispute Resolution Partner at Clyde & Co and Abdulaziz Al-Bosaily, Managing Partner of the firm's operations in the Kingdom of Saudi Arabia (KSA) in association with Abdulaziz Al-Bosaily Law office, as 'External Counsel of the Year 2013'.