• Insolvency & Restructuring - Latvia

  Further Amendments to Insolvency Law Planned

  Amendments are planned to a number of laws relating to insolvency proceedings in order to improve the efficiency of insolvency procedures and support the rehabilitation of companies that are experiencing financial difficulties. To this end, amendments are planned to the Insolvency Law, the Civil Procedure Law and the Credit Institutions Law.

• Insurance & Reinsurance - China

  New Requirements for Travel Agencies' Liability Insurance

  The National Tourism Administration and the China Insurance Regulatory Commission have promulgated for public comment the draft Administrative Measures for Liability Insurance of Travel Agencies, which provide that travel agencies legitimately established in mainland China should buy compulsory travel agency liability insurance.

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• €3 billion rights issue

  Danone SA Shearman & Sterling LLP - Bertrand Sénéchal, Robert C Treuhold; Bredin Prat - Olivier Saba, Benjamin Kanovitch
  Underwriters Cleary Gottlieb Steen & Hamilton LLP - John D Brinitzer, Marie-Laurence Tibi, Pascal Coudin

• $42 million bond offer

  Ormat Technologies Inc Chadbourne & Parke LLP - Noam Ayali, Charles E Hord III; Carrillo y Asociados - Rodolfo Alegria
  TCW Global Project Fund II Ltd Paul Hastings Janofsky & Walker LLP - Raj Pande; Rodríguez Archila Castellanos, Solares & Aguilar SC - Alejandro Cofiño

• Undisclosed disposal

  General Mills Inc KLA-Koury Lopes Advogados - Fernando Koury Lopes, Karin Alvo, Melissa Kanô, Henriques Lopes da Silva
  Laticínios Condessa Ltda Araújo Fontes - Evaldo Fontes Jr

• $166 million acquisition

  Sompo Japan Insurance Inc Freshfields Bruckhaus Deringer LLP - Edward Cole; Machado Meyer Sendacz e Opice - Carlos José Rolim de Mello
  Maritima Seguros SA Mattos Filho Veiga Filho Marrey Jr e Quiroga Advogados - Moacir Zilbovicius

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