Law/Legal
Here's a look at documents from law firms and legal groups
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White & Case advises lead managers on proposed IPO of Jio Platforms Limited
NEW YORK, June 19 [Category: BizLaw/Legal] -- White and Case, a law firm, issued the following news release:
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White & Case advises lead managers on proposed IPO of Jio Platforms Limited
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Global law firm White & Case LLP is advising the book running lead managers (BRLMs) on the proposed Rule 144A and Regulation S initial public offering (IPO) of Jio Platforms Limited.
Jio Platforms Limited filed its draft red herring prospectus with the Securities and Exchange Board of India on June 19, 2026.
The syndicate of BRLMs comprises a total of 19 banks namely, Kotak Mahindra Capital Company
... Show Full Article
NEW YORK, June 19 [Category: BizLaw/Legal] -- White and Case, a law firm, issued the following news release:
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White & Case advises lead managers on proposed IPO of Jio Platforms Limited
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Global law firm White & Case LLP is advising the book running lead managers (BRLMs) on the proposed Rule 144A and Regulation S initial public offering (IPO) of Jio Platforms Limited.
Jio Platforms Limited filed its draft red herring prospectus with the Securities and Exchange Board of India on June 19, 2026.
The syndicate of BRLMs comprises a total of 19 banks namely, Kotak Mahindra Capital CompanyLimited, Morgan Stanley India Company Private Limited, Axis Capital Limited, BNP Paribas, BofA Securities India Limited, Citigroup Global Markets India Private Limited, CLSA India Private Limited, DAM Capital Advisors Limited, Goldman Sachs (India) Securities Private Limited, HDFC Bank Limited, HSBC Securities and Capital Markets (India) Private Limited, ICICI Securities Limited, IIFL Capital Services Limited (Formerly known as IIFL Securities Limited), JM Financial Limited, Jefferies India Private Limited, J.P. Morgan India Private Limited, SBI Capital Markets Limited, UBS Securities India Private Limited and 360 ONE WAM Limited.
Jio Platforms Ltd. is a technology platform, built on proprietary digital technology and pan-India digital connectivity as its foundational layer, purpose-built to drive the digital transformation in India by democratising access to digital connectivity and digital services. A combination of mobile, fixed broadband and digital services across a unified platform, together with data and customer personalisation, positions it as a comprehensive digital gateway through which a significant proportion of Indian customers are able to access the internet, digital services and emerging technologies, including artificial intelligence.
The White & Case team advising on the transaction is led by partners Rahul Guptan (London) and Kaya Proudian (Singapore), with support from partner Steven Gee (New York), local partner James Hsiao (Hong Kong), counsel Royston Tan (Hong Kong) and associates Tarang Nagar (London), Ji Yang Lim (Singapore), Daniel Park (New York), Hassan Said (Cairo) and Yuning Zhou (Hong Kong).
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Original text here: https://www.whitecase.com/news/press-release/white-case-advises-lead-managers-proposed-ipo-jio-platforms-limited
S&P Global | Portfolio company minority stake sales rise as liquidity pressure intensifies
NEW YORK, June 19 [Category: BizLaw/Legal] -- White and Case, a law firm, issued the following news release:
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S&P Global | Portfolio company minority stake sales rise as liquidity pressure intensifies
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White & Case partners Daniel Kozin and Ken Barry spoke with S&P Global about how pressure on private equity funds to return profits to investors has contributed to an increase in minority stake transactions.
Ken explained that the prominence of these transactions is being driven in part by the "desire to de-risk, the desire for sponsors to take some cash off of the table [and] the to deliver
... Show Full Article
NEW YORK, June 19 [Category: BizLaw/Legal] -- White and Case, a law firm, issued the following news release:
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S&P Global | Portfolio company minority stake sales rise as liquidity pressure intensifies
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White & Case partners Daniel Kozin and Ken Barry spoke with S&P Global about how pressure on private equity funds to return profits to investors has contributed to an increase in minority stake transactions.
Ken explained that the prominence of these transactions is being driven in part by the "desire to de-risk, the desire for sponsors to take some cash off of the table [and] the to deliverDPI to investors." He also noted that the recent growth of these minority stake sales can be seen as a reflection of managers' increasing comfort with more structured transactions and capital structures.
When discussing the benefits of these transactions, Daniel explained that minority stake sales serve to set a mark on the portfolio company's value, providing "a very clear data point on the economics of the deal," which can reassure investors that an eventual exit will be profitable.
Read the full article here (https://www.spglobal.com/market-intelligence/en/news-insights/articles/2026/6/portfolio-company-minority-stake-sales-rise-as-liquidity-pressure-intensifies-102646730).
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Original text here: https://www.whitecase.com/news/media/sp-global-portfolio-company-minority-stake-sales-rise-liquidity-pressure-intensifies
Reed Smith advises Magnesium Capital and senior management on the $125 million sale of Cyberhawk to Ondas
PITTSBURGH, Pennsylvania, June 19 [Category: BizLaw/Legal] -- Reed Smith, a law firm, posted the following news release:
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Reed Smith advises Magnesium Capital and senior management on the $125 million sale of Cyberhawk to Ondas
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LONDON - Global law firm Reed Smith advised private equity firm Magnesium Capital and the senior management team of Cyberhawk in connection with the sale of Cyberhawk to Ondas Inc. (Nasdaq: ONDS), a leading provider of autonomous systems and next-generation defence and security technologies. The transaction is valued at approximately $125 million.
Founded in
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PITTSBURGH, Pennsylvania, June 19 [Category: BizLaw/Legal] -- Reed Smith, a law firm, posted the following news release:
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Reed Smith advises Magnesium Capital and senior management on the $125 million sale of Cyberhawk to Ondas
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LONDON - Global law firm Reed Smith advised private equity firm Magnesium Capital and the senior management team of Cyberhawk in connection with the sale of Cyberhawk to Ondas Inc. (Nasdaq: ONDS), a leading provider of autonomous systems and next-generation defence and security technologies. The transaction is valued at approximately $125 million.
Founded in2008, Cyberhawk is a leader in drone-based inspection and visual data management software, serving critical infrastructure operators. The company provides end-to-end drone inspection services, AI-enabled data processing, and cloud-based visualisation software through its iHawk platform.
The acquisition is expected to close during the third quarter of 2026, subject to customary closing conditions and regulatory approvals.
The Reed Smith team advising Magnesium Capital on the sale was led by private equity partner Tom Whelan, supported by associates Alex Pierce and Ciaran Sweeney, trainee Gurveen Johal, tax partner Caspar Fox and associate Sofia Loopuit.
A separate Reed Smith team advising Cyberhawk's senior management was led by private equity partner Andy Houghton and senior associate Karim El-Borhami, with support from tax partners Harrison Stimson, Ian Sherwin and Ron Scharnberg, and Katie Geddes on US capital markets matters.
About Reed Smith
Reed Smith is a dynamic international law firm dedicated to helping clients move their businesses forward. With an inclusive culture and innovative mindset, we deliver smarter, more creative legal services that drive better outcomes for our clients. Our deep industry knowledge, long-standing relationships and collaborative structure make us the go-to partner for complex disputes, transactions, and regulatory matters.
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Original text here: https://www.reedsmith.com/news/reed-smith-advises-magnesium-capital-and-senior-management-on-the-125-million-sale-of-cyberhawk-to-ondas/
Littler Issues Commentary: Canada - Big Changes for PEI Workplaces - Inside the New Employment Standards Act
SAN FRANCISCO, California, June 19 -- Littler, a law firm, issued the following commentary on June 18, 2026, by partner George J.A. Vassos and research attorney Joe St. James:
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Canada: Big Changes for PEI Workplaces - Inside the New Employment Standards Act
Prince Edward Island's (PEI) Bill 76, which replaces the province's existing Employment Standards Act (ESA), received Royal Assent in November 2024 and has been proclaimed into force as of June 30, 2026.
While the new legislation introduces numerous changes, employers should take note of the following key updates:
Working Hours, Scheduling,
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SAN FRANCISCO, California, June 19 -- Littler, a law firm, issued the following commentary on June 18, 2026, by partner George J.A. Vassos and research attorney Joe St. James:
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Canada: Big Changes for PEI Workplaces - Inside the New Employment Standards Act
Prince Edward Island's (PEI) Bill 76, which replaces the province's existing Employment Standards Act (ESA), received Royal Assent in November 2024 and has been proclaimed into force as of June 30, 2026.
While the new legislation introduces numerous changes, employers should take note of the following key updates:
Working Hours, Scheduling,and Overtime
* The standard number of hours of work per week is reduced from 48 to 44, such that an eligible employee will now be entitled to overtime pay equal to 1.5 times the employee's regular wage rate for all hours worked in excess of 44 hours.
* Employers must provide a written work schedule to employees at least one week in advance, except if there is a change in schedule that is unexpected, unusual, or due to an emergency.
* Employees must be provided with at least eight hours of rest every 24-hour period, subject to certain qualifications, and split shifts must be completed within 12 hours of each other.
* Employers and employees may agree in writing to overtime averaging over a period of up to four weeks.
Leaves of Absence
* Sick leave: an employee with at least 30 days of continuous employment is entitled to four unpaid sick days per calendar year for illness or injury. In addition, after a year of continuous employment, an employee is also entitled to one paid sick day, which increases to two paid sick days after two years and three paid sick days after three (or more) years. An employer may only request a sick note to verify the employee's entitlement to sick leave if the leave is for five or more consecutive days.
* Medical leave: an employee with at least 90 days of continuous employment is entitled to up to 27 weeks of unpaid medical leave in a year for reasons related to illness, injury, organ or tissue donation, gender-affirming care, or other prescribed treatments.
* Citizenship ceremony leave: an employee with at least 90 days of continuous employment is entitled to up to one unpaid day of leave to attend their citizenship ceremony.
Vacation and Public Holiday Pay Entitlements
* An employee is entitled to three weeks of paid vacation after five years of continuous employment (reduced from eight years).
* Part-time, seasonal, and short-term employees may elect to receive vacation pay each pay period.
* Paid holiday pay is calculated as five percent of the employee's wages, excluding overtime pay, earned in the four weeks preceding the holiday.
Termination Entitlements
* An employee will be entitled to individual notice of termination after 90 days of continuous employment (reduced from six months).
* A mass termination framework is introduced, with an employee being entitled to six weeks' notice of termination if the employer terminates 10 or more employees within a two-month period. This does not apply if the group of employees terminated does not represent at least 25% of the employees at the impacted workplace.
Complaints and Enforcement
* An employee may file a complaint within two years of the alleged contravention (increased from one year).
* Employment Standards inspectors can issue penalties for contraventions of the ESA.
In accordance with the new law, the province has released several updated regulations, including a new general regulation under the ESA. This regulation includes information related to exemptions from the law, information that must be included in an employer's wage deduction notice, calculation of pay for certain leaves, and administrative penalties for violations of the new ESA.
Employers operating in PEI should consult knowledgeable employment counsel to ensure that they are compliant with these new and amended provisions.
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Authors
George J.A. Vassos
Partner
Toronto
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Joe St. James
Research Attorney
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Original text here: https://www.littler.com/news-analysis/asap/canada-big-changes-pei-workplaces-inside-new-employment-standards-act
[Category: BizLaw/Legal]
Haynes Boone Secures Sweeping Commercial Division Victories in $100+ Million Noteholder Dispute
DALLAS, Texas, June 19 -- Haynes and Boone, a law firm, issued the following news release:
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Haynes Boone Secures Sweeping Commercial Division Victories in $100+ Million Noteholder Dispute
Haynes Boone secured two significant victories in the Supreme Court of the State of New York, Commercial Division, on behalf of Jasper Lake Ventures One LLC, Redwood Enhanced Income Corp., Liminality Partners LP and Solel-Bioceres SPV, L.P. in a secured-note enforcement action against Bioceres Crop Solutions Corp. and affiliated guarantor entities.
The court granted the noteholders' motion for partial
... Show Full Article
DALLAS, Texas, June 19 -- Haynes and Boone, a law firm, issued the following news release:
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Haynes Boone Secures Sweeping Commercial Division Victories in $100+ Million Noteholder Dispute
Haynes Boone secured two significant victories in the Supreme Court of the State of New York, Commercial Division, on behalf of Jasper Lake Ventures One LLC, Redwood Enhanced Income Corp., Liminality Partners LP and Solel-Bioceres SPV, L.P. in a secured-note enforcement action against Bioceres Crop Solutions Corp. and affiliated guarantor entities.
The court granted the noteholders' motion for partialsummary judgment on liability and denied the defendants' motion for leave to assert additional amended counterclaims and third-party claims. The rulings confirm the enforceability of the noteholders' rights under the governing financing documents and move the case toward a determination of damages, interest, premiums, fees and related relief.
Haynes Boone Partner Lauren Coppola led the litigation team and argued the motions before the court. Counsel Eric Lindenfeld led the briefing on the successful motions and related proceedings, while Partner Greg Kramer advised the noteholder group on pre-default negotiations and strategy.
The litigation concerns more than $100 million in accelerated obligations, along with default interest, contractual premiums, fees and costs. The noteholders alleged that Bioceres and affiliated entities defaulted under the governing note documents, including by breaching indebtedness and financial covenants, making false representations in amendments to the financing documents and failing to satisfy accelerated obligations after notice.
"These decisions are an important result for our clients and a significant step forward in the enforcement process," Coppola said. "The court's rulings keep the case focused on the parties' negotiated agreements, the noteholders' contractual enforcement rights and the consequences of default."
The victories build on the firm's earlier success in the matter, when Haynes Boone secured an emergency temporary restraining order and collateral-preservation relief in December 2025 to help prevent dissipation of pledged assets while enforcement proceedings continued.
Kramer, who led the transaction team responsible for drafting a key pre-default amendment to the governing documents and overall enforcement strategy, said the rulings highlight the importance of carefully crafted financing documents.
"These decisions reinforce the value of clear, thoughtful drafting," Kramer said. "When disputes arise, well-constructed credit documents can provide certainty for all parties and help ensure that lenders are able to enforce the rights and remedies they negotiated."
Haynes Boone's Trials Practice Group delivers strategic, high-stakes advocacy before juries, judges and arbitrators across a wide range of industries. The team is known for its meticulous preparation, persuasive courtroom presentation and ability to handle complex, high-value disputes. The firm's Litigation Department worked alongside Haynes Boone's Capital Markets and Securities Practice Group, which plays a leading role in IPOs, reverse mergers, acquisitions, follow-on offerings and PIPE financings across sectors including technology, life sciences, energy and financial services.
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Original text here: https://www.haynesboone.com/news/press-releases/haynes-boone-secures-sweeping-commercial-division-victories-in-$100-million-noteholder-dispute
[Category: BizLaw/Legal]
Greenberg Traurig Advised Investment Banks on the Sale of Synektik Shares by Ksiazek Holding
MIAMI, Florida, June 19 [Category: BizLaw/Legal] -- Greenberg Traurig, a law firm, issued the following news release:
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Greenberg Traurig Advised Investment Banks on the Sale of Synektik Shares by Ksiazek Holding
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WARSAW - Greenberg Traurig advised IPOPEMA Securities S.A. and UniCredit Bank GmbH, Milan Branch in connection with the sale by Ksiazek Holding sp. z o.o. of shares in Synektik S.A. through an accelerated bookbuilding process (ABB) on the Warsaw Stock Exchange.
IPOPEMA Securities S.A. acted as the investment firm, global coordinator and bookrunner in connection with the ABB.
... Show Full Article
MIAMI, Florida, June 19 [Category: BizLaw/Legal] -- Greenberg Traurig, a law firm, issued the following news release:
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Greenberg Traurig Advised Investment Banks on the Sale of Synektik Shares by Ksiazek Holding
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WARSAW - Greenberg Traurig advised IPOPEMA Securities S.A. and UniCredit Bank GmbH, Milan Branch in connection with the sale by Ksiazek Holding sp. z o.o. of shares in Synektik S.A. through an accelerated bookbuilding process (ABB) on the Warsaw Stock Exchange.
IPOPEMA Securities S.A. acted as the investment firm, global coordinator and bookrunner in connection with the ABB.UniCredit Bank GmbH, Milan Branch acted as global coordinator and bookrunner in connection with the ABB.
The ABB covered the sale of all shares in Synektik S.A. held by Ksiazek Holding sp. z o.o., i.e. 1,376,143 shares representing 16.13% of the share capital and total number of votes of Synektik S.A. The value of the shares sold in the ABB amounted to PLN 412.8 million (approx. EUR 97.5 million).
Greenberg Traurig provided comprehensive legal advice in connection with the transaction.
The transaction was led by Partner Pawel Piotrowski and Associate Kamil Nagawski.
Synektik S.A. is one of the leading providers of innovative healthcare solutions in Poland, specializing in diagnostic imaging, nuclear medicine, robotic surgery and radiopharmaceutical production, supporting medical facilities with advanced technologies and services. Its shares are listed on the Warsaw Stock Exchange.
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Original text here: https://www.gtlaw.com/en/news/2026/06/press-releases/greenberg-traurig-advised-investment-banks-on-the-sale-of-syntetik-shares-by-ksiazek-holding
Former Justice of the Mexican Supreme Court Margarita Rios-Farjat Joins Holland & Knight in Mexico
MIAMI, Florida, June 19 -- Holland and Knight, a law firm, issued the following news release:
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Former Justice of the Mexican Supreme Court Margarita Rios-Farjat Joins Holland & Knight in Mexico
MEXICO CITY and MONTERREY, MEXICO - Holland & Knight is pleased to welcome Margarita Rios-Farjat, Ph.D., as a partner in the Firm's Mexico City and Monterrey offices. Ms. Rios-Farjat has a long and distinguished career as a jurist and public servant in Mexico, having most recently served as Justice of the Supreme Court of Mexico from 2019 to 2025. Prior to her appointment to the Supreme Court, Ms.
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MIAMI, Florida, June 19 -- Holland and Knight, a law firm, issued the following news release:
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Former Justice of the Mexican Supreme Court Margarita Rios-Farjat Joins Holland & Knight in Mexico
MEXICO CITY and MONTERREY, MEXICO - Holland & Knight is pleased to welcome Margarita Rios-Farjat, Ph.D., as a partner in the Firm's Mexico City and Monterrey offices. Ms. Rios-Farjat has a long and distinguished career as a jurist and public servant in Mexico, having most recently served as Justice of the Supreme Court of Mexico from 2019 to 2025. Prior to her appointment to the Supreme Court, Ms.Rios-Farjat served as head of Mexico's Tax Administration Service (Servicio de Administracion Tributaria or SAT).
"We are excited to welcome Margarita to Holland & Knight. She is widely respected for her exceptional career as a jurist, public servant and adviser, bringing unparalleled experience in constitutional, tax and regulatory matters in Mexico," said Luis Rubio, executive partner of Holland & Knight's Mexico City office. "While Margarita joined us six months ago, she has already integrated seamlessly into the Firm and is making a meaningful impact across our practices and strengthening our capabilities."
"Margarita is a jurist of the highest caliber and a tremendous asset for the Firm and for our clients across Latin America," said Roberto Pupo, co-chair of Holland & Knight's Latin America Practice Group. "Her arrival significantly strengthens our Latin America Practice and deepens our ability to advise on complex matters in the region."
Ms. Rios-Farjat has extensive knowledge and experience in constitutional and tax law, particularly as it relates to the intricate landscape of Mexican legislation and regulatory frameworks, which allows her to provide practical advice in connection with a broad range of matters, including administrative matters, government regulation, compliance issues, tax planning and disputes, financial regulation, arbitration, insolvency and bankruptcy proceedings, international judicial cooperation, and complex commercial transactions and disputes. In addition, she has a significant background in human rights and has provided strategic guidance to a wide range of companies, public and private universities, judicial bodies and civil organizations, including nonprofit organizations, on matters of transparency, accountability, corporate governance, the rule of law and the new judicial structure.
"I am honored to join Holland & Knight, a firm whose commitment to excellence and international reach aligns with my desire to provide the highest quality legal counsel. I am pleased to apply my experience to help clients navigating complex legal challenges and continue to help strengthen the rule of the law and economic growth in Mexico," Ms. Rios-Farjat said. "I look forward to contributing to the Firm's already outstanding Latin America Practice and continuing my lifelong commitment to the rule of law, the advancement of human rights and the delivery of high-value legal services to drive business growth, convinced that these three factors lead to regional prosperity."
At the Supreme Court, she also served as president of the First Chamber (family, civil, commercial, criminal and administrative matters) during 2021 and 2022. Furthermore, as a justice, Ms. Rios-Farjat headed a team responsible for developing the pioneering artificial intelligence (AI) tool known as "Sor Juana," designed to clarify and communicate court decisions to the public in plain language. This innovative AI solution was honored with two prestigious national awards from the Federal Telecommunications Institute (IFT) and National Institute for Access to Information (INAI) and was also internationally recognized by the United Nations Special Rapporteur on Human Rights.
Additionally, during her tenure as head of Mexico's Tax Administration Service, Ms. Rios-Farjat led a comprehensive, decisive and well-designed strategy to combat tax evasion and promoted a vision to strengthen tax compliance culture, transparency and formalization under a framework of fair and equitable taxation treatment.
It is also worth noting that before her public service career, Ms. Rios-Farjat practiced at a global law firm for several years and later led her own practice, focused on civil, commercial, tax and administrative matters, bankruptcy, as well as transnational litigation, including cross-border service of process, recognition and enforcement of foreign judgments and arbitral awards.
Ms. Rios-Farjat received a doctorate degree in public policy from Tecnologico de Monterrey and an LL.M. degree in Tax Law and J.D. degree from the Universidad Autonoma de Nuevo Leon.
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Original text here: https://www.hklaw.com/en/news/pressreleases/2026/06/former-justice-of-the-mexican-supreme-court-margarita-rios-farjat
[Category: BizLaw/Legal]
