2018

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SEC Legal Action Against Elon Musk Justified

1st October 2018
The SEC announced last week that it has brought fraud charges against Tesla CEO Elon Musk over his tweets on August 7th claiming that he had secured funding to take the automaker private. The SEC’s action has already led to a steep drop in Tesla stock. For some thoughts on what the SEC’s action means […]
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US & Canada Agree New Trade Deal on NAFTA

1st October 2018
Canada agreed late to sign on to a trade deal between the United States and Mexico, revamping the three-country North American Free Trade Agreement after more than a year of tortuous negotiations.
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Elon Musk: Is Twitter a Liability?

28th September 2018
‘Words are just words’, right? Well, not for business owners and C—Level executives. Take Elon Musk, for example, whose words have buried him in an unfavourable position, and not for the first time. Most recently, Tesla’s CEO was caught under the spotlight after calling a British diver - Vern Unsworth, who had rescued a youth […]
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Triton completes sale of Mehiläinen

28th September 2018
Funds advised by Triton ("Triton") and KKR have successfully completed the sale of Mehiläinen, a leading provider of private health care and social services in Finland, to CVC Capital Partners, acting together with a consortium of Finnish institutional investors and the Mehiläinen Management Group. The parties have agreed not to disclose any terms of the […]
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Trinity Hunt Acquires Improving

28th September 2018
Trinity Hunt Partners, a growth-oriented middle market private equity firm, announced its partnership with Improving, a full-service provider of technology and custom software development services, based in Dallas, Texas.  Improving was co-founded in 2007 by Curtis Hite, CEO, and has since expanded via acquisitions into the Houston, Minneapolis, Calgary, Columbus, Cleveland, and College Station markets.  […]
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Sunmagic Juices Limited completes purchase of Cott Beverages Limited plant with help from Joelson

28th September 2018
Experienced solicitors from Joelson’s Corporate and Commercial team have assisted Sunmagic Juices Limited (Sunmagic) with its acquisition of new assets from Cott Beverages Limited. As part of a divestment agreement with the Competition and Markets Authority (CMA) following a merger between Refresco Group N.V. and Cott Corporation Inc., Cott Beverages Limited had to sell its […]
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SC Lowy and Taconic Capital acquire two UTP portfolios of mortgage loans

28th September 2018
Taconic Capital completed its joint acquisition with SC Lowy of a shipping portfolio of UTP secured and unsecured, valued[1] at circa US$160m, from Italy’s Monte dei Paschi di Siena group (“MPS”). Acquired via special purpose vehicles managed by the two companies, the portfolio comprises bad loans made to Italian shipowners relating to dry bulk shipping, […]
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