In the wake of a historic thawing in U.S. – Cuban relations in recent months, Canadian law firm Gowling Lafleur Henderson LLP is launching a Cuba initiative to support Canadian and European businesses interested in entering the market. Observers have remarked that a building boom has begun to prepare for a flood of U.S. tourists, who will need new hotels, roads and other infrastructure.
While it’s not unusual for international law firms to engage in some form of pro bono work, Herbert Smith Freehills is making headlines for their vast assistance to Sierra Leone in combating the Ebola pandemic over the last several years. Now, that assistance is opening up renewed channels of investment.
Legal troubles may be brewing at Starbucks Corp. in the wake of a recent campaign to raise social awareness. The initiative released earlier this month at the behest of CEO Howard Schultz encouraged the company’s green-apron clad staff of baristas to scrawl “Race Together” on the outside of beverage cups. Borne out of internal company discussions and employee forums around the country, the purpose of the campaign has been to motivate discussions about race difficulties in the US.
Olgar Group, Turkey's leading retailer of sports clothing and equipment, and Kuwait-based private equity investor Global Investment House agree to a partnership through share sale.