Pinsent Masons

Aareal Bank finances landmark hotel portfolio in London for Starwood Capital

Retrieved on: 
Thursday, February 8, 2024

Wiesbaden, 8 February 2024 – Aareal Bank announces its pivotal role in financing the majority of the Edwardian hotel portfolio in London acquired by a controlled affiliate of Starwood Capital Group (Starwood Capital).

Key Points: 
  • Wiesbaden, 8 February 2024 – Aareal Bank announces its pivotal role in financing the majority of the Edwardian hotel portfolio in London acquired by a controlled affiliate of Starwood Capital Group (Starwood Capital).
  • The acquisition adds to Starwood Capital's existing portfolio of European hotel investments, which following the transaction will comprise 47 hotels / approx.10,000 rooms across Europe.
  • Tim Abram, Managing Director at Starwood Capital said, "We are delighted to have Aareal Bank as our partner on the acquisition of this one-of-a-kind portfolio of London hotels.
  • Key players in this transaction include Pinsent Masons and White & Case, serving as legal advisors to Aareal Bank and Starwood Capital, respectively.

Cazoo Announces Completion of Debt Restructuring and Related Transactions on December 6, 2023

Retrieved on: 
Thursday, December 7, 2023

Cazoo Group Ltd (NYSE: CZOO) (“Cazoo” or “the Company”), the UK online used car retailer, which makes buying and selling a car as simple as ordering any other product online, announces today the completion of its restructuring transactions (the “Transactions”) on December 6, 2023.

Key Points: 
  • Cazoo Group Ltd (NYSE: CZOO) (“Cazoo” or “the Company”), the UK online used car retailer, which makes buying and selling a car as simple as ordering any other product online, announces today the completion of its restructuring transactions (the “Transactions”) on December 6, 2023.
  • View the full release here: https://www.businesswire.com/news/home/20231206913728/en/
    Paul Whitehead, Chief Executive Officer of Cazoo, said, “I am delighted that we have now completed these transactions.
  • Cazoo launched only four years ago this week and has already sold almost 150,000 cars entirely online to consumers across the UK.
  • “Completion of these transactions represents a significant inflection point for Cazoo.

UK Top 20 Law Firm Pinsent Masons Selects Aderant iTimekeep to Transform Time Capture Firmwide

Retrieved on: 
Wednesday, November 15, 2023

Aderant , a leading global provider of legal business management solutions, today announced Pinsent Masons has selected and gone live with a firmwide rollout of its industry leading iTimekeep solution to address current business needs and future growth opportunities.

Key Points: 
  • Aderant , a leading global provider of legal business management solutions, today announced Pinsent Masons has selected and gone live with a firmwide rollout of its industry leading iTimekeep solution to address current business needs and future growth opportunities.
  • Pinsent Masons is a multinational law firm with decades of experience and expertise in Energy, Financial Services, Infrastructure, Real Estate, and Technology, Science, and Industry.
  • When looking to replace its previous time capture solution, Pinsent Masons performed a thorough evaluation and selected iTimekeep, a cloud-native solution, for its security, ease-of-use, and its ability to fulfill the timekeeping needs of its largest client projects.
  • "iTimekeep has played an important role in advancing firmwide time capture, as we seek to enable all our people to thrive by being efficient and commercial in the delivery of legal services,” said David Thorpe , Head of Financial Systems at Pinsent Masons.

EQS-News: Aareal Bank arranges refinancing of European portfolio for The Social Hub

Retrieved on: 
Thursday, December 14, 2023

Wiesbaden, 27 November 2023 – Aareal Bank announces the successful closing of a € 566 million refinancing facility with The Social Hub (TSH), together with two participating lenders, one of which being Rabobank.

Key Points: 
  • Wiesbaden, 27 November 2023 – Aareal Bank announces the successful closing of a € 566 million refinancing facility with The Social Hub (TSH), together with two participating lenders, one of which being Rabobank.
  • Operated under TSH’s hybrid hospitality concept offering co-working, events, hotel, extended-stay rooms and student accommodation, the cross-border portfolio comprises 13 properties across the Netherlands, Spain, France and the UK.
  • Aareal Bank acted as the Arranger, Agent, and Security Agent of the senior loan, which is classified by Aareal as a Green Loan under its own Green Finance Framework.
  • “We are delighted to establish this relationship with such a unique hospitality brand and operator as TSH,” comments Michelle Weiss, Head of Hotel Properties at Aareal Bank.

IPG’s Huge Announces ‘10 Huge Moves for 2024’ in New Annual Issue

Retrieved on: 
Wednesday, October 4, 2023

In its annual print issue, Huge reveals the “10 Huge Moves for 2024,” a collection of original long-form magazine articles featuring exclusive, high-profile interviews, original photography, and custom data analysis — all designed to help business leaders prepare for the year ahead.

Key Points: 
  • In its annual print issue, Huge reveals the “10 Huge Moves for 2024,” a collection of original long-form magazine articles featuring exclusive, high-profile interviews, original photography, and custom data analysis — all designed to help business leaders prepare for the year ahead.
  • Each story in the issue is a variation on this theme, proving that no “huge move” can be made in isolation.
  • With this in mind, Huge Moves Volume 2 covers companies facing dramatic disruption and yet are still finding ways to forge ahead and drive meaningful growth.
  • "Huge Moves was created with the intention to inform, inspire, and, in some cases, challenge business readers with substantive, intelligent content.

New Report Outlines Power of External Data Sharing to Unlock Transformative Collaboration

Retrieved on: 
Thursday, September 21, 2023

Sharing data externally across ecosystems accelerates business value, enables greater collaboration, improves compliance and helps meet sustainability targets.

Key Points: 
  • Sharing data externally across ecosystems accelerates business value, enables greater collaboration, improves compliance and helps meet sustainability targets.
  • However, many organizations have concerns about protecting their data, loss of intellectual property and meeting regulatory requirements, which can hold back external data sharing.
  • To support companies in harnessing the transformative benefits of external data sharing, Arthur D. Little (ADL) and Pinsent Masons today published an in-depth Viewpoint outlining best practices, models, processes and key capabilities required to underpin success.
  • Organizations can put in place frameworks that balance data sharing with protection, harnessing the benefits and minimising risk.”
    The Harnessing external data sharing to unlock transformative collaboration Viewpoint, can be viewed and downloaded here: https://tinyurl.com/3rn2xymy .

Node4 Acquires ThreeTwoFour to Strengthen its Cybersecurity Offering and Expand In the Finance and Banking Sector

Retrieved on: 
Tuesday, July 4, 2023

ThreeTwoFour is renowned for its extensive suite of information security services, including programme delivery, cyber strategy, risk and control assessment and governance.

Key Points: 
  • ThreeTwoFour is renowned for its extensive suite of information security services, including programme delivery, cyber strategy, risk and control assessment and governance.
  • It also brings strong experience across the financial services sector, broadening Node4’s reach.
  • In addition, ThreeTwoFour’s expertise in M&A Cyber Due Diligence adds further capabilities to the Node4 solutions and services portfolio.
  • ThreeTwoFour was advised by Irwin Mitchell (Legal), Consulting M&A (Corporate Finance) and Azets (Tax).

Motorsport Games Regains Full Compliance With Nasdaq Listing Rules

Retrieved on: 
Tuesday, January 31, 2023

MIAMI, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “Company”) , a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world, announced today that it has received notice from the Nasdaq Stock Market LLC (Nasdaq) on January 30, 2023 informing Motorsport Games that it has regained full compliance with the Nasdaq Listing Rules.

Key Points: 
  • MIAMI, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “Company”) , a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world, announced today that it has received notice from the Nasdaq Stock Market LLC (Nasdaq) on January 30, 2023 informing Motorsport Games that it has regained full compliance with the Nasdaq Listing Rules.
  • Motorsport Games previously notified Nasdaq on November 11, 2022 that it was no longer in compliance with Nasdaq Listing Rule 5550(a)(4) requiring minimum of 500,000 publicly held shares, as defined in the Nasdaq Listing Rules, and (ii) Nasdaq Listing Rule 5605(b)(1), which requires a majority of the Company’s board of directors (the “Board”) to be comprised of independent directors as defined in Rule 5605(a)(2), and Nasdaq Listing Rule 5605(c)(2), which requires the audit committee of the Board to consist of at least 3 independent directors meeting the heightened independence standards for audit committee members.
  • Following a further period practicing law as Co-Head of Interactive Entertainment for Osborne Clarke and, subsequently, as Head of Computer Games for Wiggin, Nav worked with Japanese games company GREE.
  • Nav's long career in the video games industry has included extensively being involved with legal and business issues relating to racing games.

Wilson Sonsini Adds Three Partners in London as Office Continues to Grow

Retrieved on: 
Tuesday, January 17, 2023

Originally launching its London office with one US partner and a handful of professional staff, Wilson Sonsini now has 38 London-based US, UK and dual US/UK-qualified attorneys — including 11 partners — and nearly 50 London employees overall.

Key Points: 
  • Originally launching its London office with one US partner and a handful of professional staff, Wilson Sonsini now has 38 London-based US, UK and dual US/UK-qualified attorneys — including 11 partners — and nearly 50 London employees overall.
  • “Since then, market demand in London is why we’ve grown, through steady and strategic additions of talented attorneys like Fleur, Sarah, and Martin.
  • He was previously counsel in the London office of Vinson & Elkins for the past seven years.
  • Wilson Sonsini’s London team has advised numerous iconic, high-growth UK- and European-based tech companies on significant transatlantic financing and exit transactions since opening the office in 2018.

Node4 acquires risual to strengthen Microsoft Cloud capabilities and UK Public Sector footprint aligning with existing Microsoft capabilities to drive continued growth for Node4 across Consulting and Managed Services

Retrieved on: 
Wednesday, July 6, 2022

This adds significant skills, experience, and revenue to its managed services business, with a focus on all three Microsoft cloud platforms and public and private sector clients.

Key Points: 
  • This adds significant skills, experience, and revenue to its managed services business, with a focus on all three Microsoft cloud platforms and public and private sector clients.
  • Adding risual to Node4s acquisition of TNP in July 2021 brings together knowledge, capability and capacity offering a comprehensive Microsoft portfolio of services.
  • The acquisition further enhances the groups credibility and expertise in delivering Microsoft solutions to the enterprise mid-tier and public sector.
  • risual is a UK-based business and technology services organisation, offering consultancy, managed services, training and adoption, apprenticeships, and licensing for cloud technologies.