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WFW gives counsel to Citibank on US$32m SINOSURE-backed TV Cable fibre optic financing

Watson Farley & Williams (“WFW”) has advised Citibank N.A., Hong Kong branch (“Citibank”) as lender and organiser on an approximately US$32m term loan facility granted to Ecuador’s Xtrim TVCable (“TV Cable”). The loan, which was backed by Chinese export credit agency SINOSURE, will enable TV...

Faegre Drinker Strengthens London Restructuring and Insolvency Team With Finance Partner Gary Bellingham

Faegre Drinker announced today that Gary Bellingham has joined the firm as a partner in the finance and restructuring practice group in London. Bellingham comes to the firm from Greenberg Traurig where he was a shareholder. Since late 2020, Faegre Drinker has added 10 attorneys...

FSCS’s panel re-elects Burges Salmon to provide core legal services

Independent UK law firm Burges Salmon has been reappointed to provide core legal services on the Financial Services Compensation Scheme (FSCS) legal panel. FSCS is the UK's financial compensation scheme that protects customers of authorised financial services firms if they fail, playing an integral and...

Glaisyers ETL acquires stake in a crypto fraud firm

Glaisyers ETL has acquired a minority stake in a firm that specialises in crypto fraud. Wealth Recovery Services (WRS) was established last year by solicitor Josh Chinn and operations director Richard Irving in a bid to trace and recover money lost to crypto schemes. Bar Standards...