By Will Heath and Ann-Kathrin Goller. King & Wood Mallesons’ Melbourne office.
Two recent cases have confirmed important corporate governance rules relating to shareholder consent to directors’ conduct and shareholders’ rights to remove directors.
First, the Storm case demonstrates that the unanimous consent and involvement by a company’s shareholders in the misconduct of its directors
by Michael Swinson,Cheng Lim King & Wood Mallesons Melbourne, Australia
1. The Internet of Things (IoT) merges the physical and the digital worlds …
The IoT translates physical actions into digital reactions, and vice versa, by linking sensors on physical objects, via a communications network, to some centralised or distributed computing power. The
作者：金杜律师事务所
对于考虑澳大利亚房地产投资的人士，”实惠房产，真正机遇”可帮助他们快速了解可能遇到的法律、税务及结构问题。我们还概括了直接或间接购买澳大利亚房地产权益中经常用到的关键实务要素及风险缓解策略。
For those considering real estate investment in Australia, Investing Down Under offers a quick overview of the legal, taxation, FIRB and structuring issues you may encounter, together with key practical considerations and risk mitigation strategies often used in the acquisition of direct or indirect interests in Australian real estate.
Continue Reading 南半球投资：全球房地产投资者指南
By Isabel Rodríguez Patrick Deasy Alexandrine Armstrong-Cerfontaine and Emidio Cacciapuoti King & Wood Mallesons
As previously reported in Private Equity Comment, pension funds are the largest single source for European private equity and venture capital funds – according to Invest Europe data they have accounted for almost a third of capital raised in Europe
By Kate Jackson-Maynes, Cheng Lim, Michael Swinson, Annabel Griffin, Smriti Arora and Lauren Murphy, King & Wood Mallesons Australia
1. Data is an abundant resource…
In the new information economy, we are creating more data than ever before through our connected behaviour, our sharing of information, video and music on social
By Zhang Yunwei (Mark) , Yao Jinchuang and Zhan Jia King & Wood Mallesons Shanghai ,China
With the rapid development of information network technology, healthcare system reform and M-health policy support from the PRC[1] government, the Chinese mobile health market which emerged in 2014 has grown quickly. More and more pharmaceutical and medical device
by David Olsson King & Wood Mallesons’ Melbourne office.
Over the last few years, the opportunities for investing internationally and domestically in RMB have continued at pace. RMB’s longer-term potential has been recently further reinforced by its inclusion into the basket of currencies that constitute the International Monetary Fund’s Special Drawing Rights.
The expanded role
作者：金杜律师事务所
金杜律师事务所（金杜）今天宣布，已选中了伦敦的合伙人Tim Bednall作为新任欧洲和中东地区管理合伙人。Tim将立即上任，任期为三年。http://www.kwm.com/en/hk
Tim Bednall是一位业内享有盛誉的公司法专家。他是金杜伦敦公司融资和基金业务部主管，是金杜公司、并购和证券业务部的联合全球协调人，他的执业领域涵盖并购、公司业务咨询和资本市场。Tim曾牵头承办了众多世界领先的公司所进行的重大并购交易，其中包括麦格理（Macquarie）、洛阳钼业（CMOC）、布兰博公司（Brambles）、英国天然气集团（BG Group）、嘉能可（Glencore） / 斯特拉塔公司（Xstrata）、澳大利亚证券交易所（ASX）和西太平洋银行（Westpac）。
全文阅读，请点击这里
作者：Cindy Valentine Ravi Chopra 金杜律师事务所伦敦办公室
在上一期（第14期）《聚焦非洲》中，我们谈到“永久资本工具”(PCV)日益受到关注，介绍了推动PCV发展和限制投资者投资意愿的主要因素，还概括比较了PCV结构和条款与期限固定、自行清算类有限合伙制为组织形式的“典型”私募基金（“典型基金”）。
本文重点讨论PCV设立方面的一个重要问题：估值。评估某种工具所持有资产的价值的方法会影响投资者进入的经济学分析、管理费（通常全部或部分依据资产净值计算）和管理人激励等方面。因此，投资者会寻找一种稳健的估值方法，确保在上述任何方面均不会付出过高的代价。如果一个PCV在证券交易所上市，其资产的估值还将与市场价格挂钩，另外，在不考虑不同行业的相对吸引力等其他市场因素的情况下，管理人提供的估值是否合理也会影响PCV资产的估值。
随着发展金融机构 (DFIs) 以及其他投资者越来越关注长期资本工具和另类结构的投资，管理人需要确保使用正确的估值方法。在下文中，我们将探讨估值对投资者进入、管理费和管理人激励等方面的影响。
Continue Reading 永久资本工具，是否值得？
By Dorothy Murray and Matthew Wild , and first published in the September 2016 edition of Partnerships Bulletin.
Long term, multi-party infrastructure projects can give rise to a number of disputes over time. Our infrastructure clients typically find four points at which dispute resolution (DR) choices arise:
