Recent Experience
Recent deals and cases by Harneys
Harneys acted as BVI counsel to Sinochem Hong Kong (Group) Company Limited (Sinochem) on the issue of a hybrid USD600million subordinated guaranteed perpetual capital securities through a BVI incorporated special purpose vehicle Sinochem Global Capital...
Harneys advised on the closing of last week’s $55 billion mega-deal in which Russia’s state-owned oil company Rosneft took over TNK-BP.
Harneys acted as British Virgin Islands (BVI) counsel for BP, with Harneys Services as registered agent...
Investors are facing an unprecedented start to 2013 in Asia’s international debt capital markets as the first new issues emerge from Chinese property companies; the high yield deals mark a significant departure from recent years when Korean...
Harneys has acted as BVI counsel to regular client DV4 Limited in connection with the 7 year 5.75% secured sterling retail bond issued by Alpha Plus Holdings PLC, a subsidiary of DV4. The aggregate nominal amount of the Bonds to be issued was £48.5...
Harneys has acted as BVI and Cyprus law counsel on the sale and purchase of 50.1% of the shares in Euroset, Russia’s largest mobile communications retailers, in a $1.2 billion sale transaction which closed on Thursday 6 December 2012.
Euroset...
Harneys recently acted as BVI counsel to Premier African Minerals Limited in its listing on the AIM market of the London Stock Exchange. The company raised gross proceeds of £1.5 million from the placing of 75,000,000 new ordinary new shares. The...
Harneys Cyprus recently advised APM Terminals B.V., a global port, terminal and inland services operator, in its acquisition of a 37.5% stake in Global Ports Investments PLC from Transportation Investments Holding Limited, one of Russia's largest...
Harneys acted for the applicants in the recent seminal decision of Somers Dublin and others v Monarch Pointe Fund Limited BVIHCV 2008/97, where the BVI Commercial Division considered a key unresolved issue of BVI insolvency law: in a liquidation, where...
Harneys successfully defended claims made against a well known fiduciary services provider by the ultimate benefical owner of a BVI company. The defendant provided fiduciary services for the company and BVI company's ultimate beneficial owner. It was...
Harneys recently acted as BVI and Cayman Islands counsel to Standard Chartered Bank (Hong Kong) Limited as facility agent in respect of the US$610 million and HK$469 million multicurrency syndicated term loan facilities to Shimao Property Group. Shimao...
