Tag Archives: insurance

Supply Chain Issues Arising From COVID-19 – China

This blog post is being published for The Trade Practitioner as part of a content partnership with our Shanghai and Beijing Offices. Please contact Daniel Roules and Yi (Nic) Wan with any questions. In a prior client advisory on the legal implications of coronavirus disease 2019 (“COVID-19”) in China, we explored employment, force majeure, data … Continue Reading

EU Renews Its Sanctions Against Crimea and Sevastopol

On 19 June 2017, the Council extended its territorial sanctions against Crimea and Sevastopol until 23 June 2018. Under these sanctions, EU members are prohibited to import into the EU goods originating in Crimea or Sevastopol, with the exception of goods originating in Crimea or Sevastopol that have been granted a certificate of origin by the Government of Ukraine. In … Continue Reading

CFIUS Requested Post-Closing Filing: Fosun International Ltd. and Ironshore, Inc.

Status: Post-Closing Mitigation Likely   Acquirer:  Fosun International Limited (Hong Kong SAR, China) Acquired:  Ironshore, Inc. (US) Value:  US$1.84 billion Industry:  Insurance UPDATE: On May 1, 2017, Liberty Mutual Insurance announced that it had “completed its acquisition of 100 percent ownership interest in Ironshore Inc., a premier global specialty company, from Fosun international Limited following … Continue Reading

CFIUS Mitigation: Anbang Insurance Group Co. and Strategic Hotels & Resorts Inc.; Blackstone Group LP

Status:  Mitigation   Acquirer:  Anbang Insurance Group Co. (China) Acquired:  Strategic Hotels & Resorts Inc. (U.S.); Blackstone Group LP (U.S.) Value:  Pre-mitigation, approx. US$6.5 Billion Industry:  Hospitality   In March 2016, news reports indicated that China’s Anbang Insurance Group Co. announced its intent to buy Strategic Hotels & Resorts Inc., the owner of 16 luxury … Continue Reading

Trade Talk: Week in Review (15-21 August 2016)

GAO Report on Antidumping.  House Ways and Means Chairman Kevin Brady (R-TX) released a statement on 15 August in response to the GAO report titled, “Antidumping and Countervailing Duties: CBP Action Needed to Reduce Duty Processing Errors and Mitigate Nonpayment Risk.”  He stated: [The] GAO report highlights that the Administration needs to do much more … Continue Reading