Jaya Gupta

Quoted in today's Business Standard article on the limited number of Fractional Ownership Platform (FOPs) migrating to the SMREIT regime: "The low FOP application turnout under the SM-REIT regime may be attributed to lack of certain key relaxations they have been pushing for -- allowing related party transactions, relaxing mandatory listing requirements, reducing the minimum unit size for asset migration (as inter-se sale/purchase by existing investors or the trust mechanism outlined under SEBI FAQs could face backlash from the current investor base), permitting the use of distributors or internal client books for fresh issuance considering reluctance of incumbent merchant bankers, and accepting partial revenue-generating assets, at least as a one-time measure." Check out the full article here: https://lnkd.in/dmdGxaSr

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💡 In this article, London Senior Associates Archit Dhir and Alex McCue discuss the recent UK Supreme Court decision in Sharp Corp Ltd v Viterra BV on the measure of damages under the GAFTA default clause.    Read their insights here: https://lnkd.in/eMy5EKhA   If you have any questions around this decision, please don't hesitate to reach to Archit or Alex.    #WFW #DisputeResolution #SupremeCourt 

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Step aside US Presidential Elections and Donald Trump: the big news in the London capital markets today was the confirmation by the UK’s Takeover Panel that the proposed changes to the jurisdictional framework of the City Code on Takeovers and Mergers (which we reported on in April – https://lnkd.in/e6ExZq6z) will come into effect on 3 February 2025. The only material changes to the proposals made in April are that the run-off and transitional periods have been shortened from three to two years.

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The UK CMA’s review of its approach to merger remedies in the new year could lead to a shift away from the authority’s long-standing preference for structural commitments in the form of divestitures in favour of behavioural remedies. Bill Batchelor | Aurora Luoma | Iacovos Antoniou #antitrust #competitionlaw #mergersandacquisitions #europe #uk

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We are pleased to have partnered once again with the good folks at A&O Shearman to produce this BVI factsheet on corporate restructuring and insolvency procedures. The 'Restructuring Across Borders' series can be found using the below link, and comprises guidance on the most important aspects of R&I proceedings in more than 50 jurisdictions around the world. #restructuringacrossborders #insolvency #restructuring Beni Kavangama Lucy Aconley Christopher Poel Katrina Buckley Josh Friedman Géza Orbán Matthew Freeman

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Our lawyers review the recent guidance and best practice note for U.K. public M&A published by the Panel on Takeovers and Mergers. #MandA #Takeover #UK

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📈Ogier's Funds team in Jersey has advised Geiger Counter Limited on its listing on Main Market of the London Stock Exchange. Geiger Counter Limited invests in the securities of companies involved in the exploration, development and production of energy and related service companies in the energy sector. The team was led by partner Niamh Lalor and managing associate Alexandra O'Grady with support from senior associate Stephanie Edge and associate Hugo Reid. 🔗Read the full press release via the link in the comment below 👇

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Forum Chambers are excited to announce that Ruhi Sethi-Smith will be speaking at the inaugural GRR Live: Contentious Insolvency and Restructuring conference, which will be taking place on 20 November 2024 at etc.venues 200 Aldersgate, St. Paul's, London. This interactive conference will bring together top-level speakers and delegates from the international insolvency and restructuring circuit to debate and analyse the latest developments in the UK and Europe. Find out more with the link in the comments below. #GRRLive #Restructuring #Insolvency.

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Latham & Watkins has strengthened its London debt finance team with the hire of a partner from rival US law firm Goodwin. Latham has added Goodwin partner Hugh O'Sullivan in London, James Booth reports. O’Sullivan has acted for private equity firms such as TA Associates, Francisco Partners, TowerBrook Capital Partners L.P. and HIG Capital on financing deals, according to his profile on Goodwin’s website.

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Corporate and M&A partners Justin Hope and Richard Burrows led the Macfarlanes team advising J.C. Flowers & Co. in relation to the consortium arrangements for the proposed acquisition of Equals Group plc. The team also included corporate and M&A senior counsel Lauren Bretton, senior associate Emma Bailey, associates Charlotte Cato and Sarvi Mirbaghery. Financial services regulation advice was provided by partner Michael Sholem and associates Darius T. and Gemma Edey. Competition advice was provided by partner Malcolm Walton and senior associate Andrew Morrison. Find out more: https://ow.ly/AtCy50Up1wP

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The latest report from Actum Group provides an in-depth look into the Q3 UK private equity deal landscape, highlighting a steady rise in buyout activity despite a cautious market. The article features insights from John Farrugia, CEO at Cavendish; James Cross, Partner at Hogan Lovells; Alex Marshall, Senior Partner at CIL Management Consultants, and Kit Schutzer-Weissmann, Origination Manager at Mobeus. The full report can be found here: https://lnkd.in/d6GJdQ2D #Buyouts #UKMarket #ValueCreation #ValueLevers

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Really enjoyed being on the panel discussing forward flows at #ABSFGlobal2024. The good news is that if you weren't lucky enough to attend the event live, we've covered the key takeaways below, including a link to my article on the legal and structural considerations for forward flows

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In an article for London Business Matters, Grace Shek, Associate in our Corporate Team, explores some recent case law on model articles, and how this might affect sole directors. You can read it here: https://lnkd.in/eXY-wGi8 #CorporateLaw #ModelArticles #SoleDirectors #LegalInsight

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HSBC & Briefing Legal’s 5th annual law firm strategy and investment research report is out. 💡100 senior strategic legal business leaders interviewed – CEOs, managing partners, chief operating & financial officers at all the leading law firms in the UK. 💡Tech, talent & transactions are key areas highlighted with AI & ESG roll out plans clearly looming large. 💡”A factor most leaders can see disrupting their firm’s plans is the competitive threat posed by others that have invested in more tech-driven business models” (77%). 🤝Firms with a laser focus on client experience, a real intent to improve culture & genuine collaboration (be that with ALSPs or tech vendors) will surely stand out. Corporate legal departments will vote with their feet & their pockets in response. #tech #strategy #legal 👉https://lnkd.in/e2gsT_HW

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A recent decision by the UK Takeover Panel helps private equity firms by removing the obligation on public companies to disclose bidders. Paul Armstrong and Dan Oates from Ropes & Gray LLP walk us through the technicalities. Read the full piece on #TheDrawdown: https://lnkd.in/dZGA_ERt #privateequity #regulation #legislation #assetmanagement #venturecapital #alternativeinvestments #lawfirms #serviceproviders

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I found the Q&As covering the upcoming UK merger control reforms along with the one-page handout setting out key facts and figures particularly helpful #DMCCBill #DMCCAct #digitalmarkets #ukmergercontrol #competitionlaw #AddleshawGoddard

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While marking a distinctive milestone, the #CapitalMarkets Clients Service Group of Legacy Law Offices LLP acted as #LegalAdvisor for the filing of the #DRHPs of a hattrick of #SMEIPOs within a remarkably short 10-day period. The issuer companies, comprising Rachit Prints Limited (#textilemanufacturing), Sheel Biotech Limited (#biotechnology and #floriculture), and Aaradhya Disposal Industries Limited (environmentally sensitive printing and packaging), showcase a diverse range of businesses. We extend our warmest congratulations to the CapMarks Team's highly skilled lawyers on this outstanding achievement and wish the issuer companies all the best for successful IPOs. #ipo #publiclisting #legacylawofficesllp #ipoadvisory #smeipo #bselisting #indianstockexchange

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Hogan Lovells has advised the lead managers, Nuvama Wealth Management and Jefferies India on the US$235 million equity offering by KEI Industries (KEI), one of the leading manufacturers of cables and wires in India with exports to more than 60 countries. The Hogan Lovells team was led by India practice head and Singapore Office Managing Partner Biswajit Chatterjee with support from Kaustubh George, Varun Jetly, Aditya Rajput, Jayant Bhardwaj, Sanjana Ravjiani, and Rosen Chen. Find out more about the transaction here: https://lnkd.in/ehZ4qqB7 #HoganLovells #EquityCapitalMarkets #India #Legal #Manufacturing

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CBG Partner John Turner looks at positive and restrictive covenants (and how they can affect the use of land) in our latest legal update below:

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