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Emerging Markets M&A Review
Emerging Markets M&A Review FULL YEAR 2020 | LEGAL ADVISORS Emerging Markets Mergers & Acquisitions Review Full Year 2020 | Legal Advisors Emerging Markets Deals Intelligence Emerging Markets Announced Target M&A $1,000 16,000 EMERGING MARKETS DEAL MAKING FALLS 5%; SECOND HALF REBOUNDS 46% M&A activity with emerging markets involvement totaled US$955.1 billion during full year 2020, a 5% $900 14,000 decline compared to 2019 levels and the slowest annual period for emerging markets deal making since 2014. The second half of 2020 registered a 46% increase compared to the first half of the year, marking $800 the strongest six-month period for emerging markets M&A since 2015. By number of deals, emerging 12,000 markets deal making declined 6% compared to full year 2019, a six-year low. $700 10,000 $600 ENERGY & POWER, FINANCIALS & TECH LEAD EMERGING MARKETS SECTOR MIX Deal making in the Energy & Power sector totaled US$173.9 billion during full year 2020, a 16% $500 8,000 decrease compared to full year 2019. Financials M&A accounted for 16% of activity, while Technology M&A accounted for 14% of overall emerging markets M&A during full year 2020. Collectively, the top $400 three industries accounted for 48% of total emerging markets deals this year, on par with a year ago. 6,000 $300 CHINA, INDIA & RUSSIA DRIVE MORE THAN TWO-THIRDS OF EMERGING MARKETS M&A 4,000 M&A activity involving targets in China, India and Russia accounted for 67% of overall emerging markets $200 M&A activity during full year 2020, up from 48% during 2019. -
Here Restitution Was Ordered As the Firm Picked up a GAR Award in That Year in the “International a Remedy
GAR 100 2020 The firm is representing investors in claims against Montenegro, Tanzania and Venezuela, having previously acted in claims against Steptoe & Johnson Turkey and Jordan. It helped Canada defeat two NAFTA claims in the mid-2000s. Pending cases as counsel 11 Other government clients are Argentina, the Dominican Republic, Value of pending counsel work US$1.5 billion+ Guatemala and South Korea. The firm has also been helping China Treaty cases 8 to negotiate an investment treaty with the EU. Third-party funded cases 1 Current arbitrator appointments 4 (3 as chair or sole) Track record Lawyers sitting as arbitrator 1 Steptoe & Johnson’s most impressive results to date have been for the von Pezolds, a Swiss-German family of farmers, in a pair of Has strengthened its investor-state team with some ICSID claims against Zimbabwe concerning the controversial land significant hires and is now instructed on a US$350 reform programme of former president Robert Mugabe. The firm million ICSID claim against Colombia won a pair of awards in 2015 requiring the state to return land it had expropriated or pay US$195 million in compensation. An ICSID US-based Steptoe & Johnson has worked on arbitrations for a annulment committee upheld the awards in November 2018. It was number of years, but 2016 marked a turning point after it achieved one of the first ICSID matters to consider discrimination on the outstanding results in a pair of ICSID cases against Zimbabwe. basis of race, and one of the few where restitution was ordered as The firm picked up a GAR Award in that year in the “international a remedy. -
Mandating Diversity: the Inclusion Clause
Call to Action Sara Lee's General Counsel: Making Diversity A Priority By Melanie Lasoff Levs For some committed general counsel, the standard talk about diversity is only a starting point. Recently, many corporate attorneys decided it was time to demand specific actions and results-with very real consequences. In spring 2004, Sara Lee General Counsel Roderick Palmore created "A Call to Action: Diversity in the Legal Profession," a document reaffirming a commitment to diversity in the law profession and taking action to ensure that corporate legal departments and law firms increase the numbers of women and minority attorneys hired and retained. And if law firms don't, the document states, "We [the undersigned corporate legal department representatives] further intend to end or limit our relationships with firms whose performance consistently evidences a lack of meaningful interest in being diverse." (See the sidebar in this article for the complete text.) Palmore wrote the Call to Action to build on a previous manifesto: former BellSouth General Counsel Charles Morgan's "Diversity in the Workplace: A Statement of Principle," written in 1999. "In that [document], signatories espoused an interest in diversity and the principle of diversity, which was a fabulous thing at the time," Palmore says. "But it struck me that not enough has happened. The progress of the profession-and more specifically the progress of large law firms-had stagnated." The Call to Action takes the Statement of Principle a step further, Palmore adds. "Its purpose is to take the general principle of interest in advancing diversity and translate that into action, into a commitment to act on, to make decisions about retaining law firms based in part on the diversity performance of those law firms." Discussion around the need for a Call to Action began in November 2003, when a group of general counsel gathered at the invitation of the Minority Corporate Counsel Association (MCCA®), and the Association of the Corporate Counsel (ACC). -
CITYWIDE SPECIAL EVENTS CD Estimated Cost 1 Central
CITYWIDE SPECIAL EVENTS CD Estimated Cost 1 Central American Parade & Festival $ 15,300 1 Chinese New Year Golden Dragon Parade $ 3,000 1 Chinese New Year’s Festival $ 1,000 1 Dia De Los Muertos $ 10,000 1 Dia del Salvadoreno $ 14,000 1 Echo Park Holiday Parade $ 5,000 1 Feria Augustina $ 13,800 1 Firecracker Run $ 15,000 1 Glassell Park Tree Lighting Ceremony $ 2,000 1 Greek Festival $ 6,000 1 HP Car Show $ 5,000 1 HP Christmas Parade $ 5,000 1 LA Dodgers Opening Day $ 30,000 1 La Guelaguetza $ 5,000 1 LGBTQ Event $ 5,000 1 Lincoln Heights Fireworks Show $ 2,000 1 Lincoln Heights Holiday Parade $ 2,000 1 Lotus Festival $ 2,500 1 Lummis Day $ 800 1 MacArthur Park Fireworks Show $ 2,000 1 Northeast Jazz Festival $ 5,000 1 Philippine Festival/Independence Day $ 5,000 1 Sharing Festival $ 5,000 . SUBTOTAL CD 1 $ 159,400 2 Lit Crawl $ 2,500 2 NoHo Summer Nights $ 2,500 2 Songkran Festival $ 8,000 2 Studio City Winter Festival $ 6,752 2 St. Anne Annual Community Festival $ 7,000 2 Valley Village Family Festival $ 7,000 2 Vegan Fair $ 5,000 2 NoHo Cinifest $ 2,000 . SUBTOTAL CD 2 $ 40,752 . 3 4th of July $ 20,000 3 Councilmember Blumenfield’s Regional . Community Event $ 5,000 3 Dia De Los Muertos $ 8,404 CITYWIDE SPECIAL EVENTS CD Estimated Cost 3 Grateful Hearts $ 1,826 3 JHA Walk of Ages $ 4,775 3 Light the Night Walk for Leukemia $ 4,500 3 Memorial Day Parade $ 14,989 3 Motor4Toys Charity Car Show $ 2,500 3 Reseda Art Walk $ 15,000 3 Still Saving Lives Car Show $ 2,000 3 Walk of Hearts $ 2,200 . -
Y\5$ in History
THE GARGOYLES OF SAN FRANCISCO: MEDIEVALIST ARCHITECTURE IN NORTHERN CALIFORNIA 1900-1940 A thesis submitted to the faculty of San Francisco State University A5 In partial fulfillment of The Requirements for The Degree Mi ST Master of Arts . Y\5$ In History by James Harvey Mitchell, Jr. San Francisco, California May, 2016 Copyright by James Harvey Mitchell, Jr. 2016 CERTIFICATION OF APPROVAL I certify that I have read The Gargoyles of San Francisco: Medievalist Architecture in Northern California 1900-1940 by James Harvey Mitchell, Jr., and that in my opinion this work meets the criteria for approving a thesis submitted in partial fulfillment of the requirements for the degree Master of Arts in History at San Francisco State University. <2 . d. rbel Rodriguez, lessor of History Philip Dreyfus Professor of History THE GARGOYLES OF SAN FRANCISCO: MEDIEVALIST ARCHITECTURE IN NORTHERN CALIFORNIA 1900-1940 James Harvey Mitchell, Jr. San Francisco, California 2016 After the fire and earthquake of 1906, the reconstruction of San Francisco initiated a profusion of neo-Gothic churches, public buildings and residential architecture. This thesis examines the development from the novel perspective of medievalism—the study of the Middle Ages as an imaginative construct in western society after their actual demise. It offers a selection of the best known neo-Gothic artifacts in the city, describes the technological innovations which distinguish them from the medievalist architecture of the nineteenth century, and shows the motivation for their creation. The significance of the California Arts and Crafts movement is explained, and profiles are offered of the two leading medievalist architects of the period, Bernard Maybeck and Julia Morgan. -
A Bid for Better Transit Improving Service with Contracted Operations Transitcenter Is a Foundation That Works to Improve Urban Mobility
A Bid for Better Transit Improving service with contracted operations TransitCenter is a foundation that works to improve urban mobility. We believe that fresh thinking can change the transportation landscape and improve the overall livability of cities. We commission and conduct research, convene events, and produce publications that inform and improve public transit and urban transportation. For more information, please visit www.transitcenter.org. The Eno Center for Transportation is an independent, nonpartisan think tank that promotes policy innovation and leads professional development in the transportation industry. As part of its mission, Eno seeks continuous improvement in transportation and its public and private leadership in order to improve the system’s mobility, safety, and sustainability. For more information please visit: www.enotrans.org. TransitCenter Board of Trustees Rosemary Scanlon, Chair Eric S. Lee Darryl Young Emily Youssouf Jennifer Dill Clare Newman Christof Spieler A Bid for Better Transit Improving service with contracted operations TransitCenter + Eno Center for Transportation September 2017 Acknowledgments A Bid for Better Transit was written by Stephanie Lotshaw, Paul Lewis, David Bragdon, and Zak Accuardi. The authors thank Emily Han, Joshua Schank (now at LA Metro), and Rob Puentes of the Eno Center for their contributions to this paper’s research and writing. This report would not be possible without the dozens of case study interviewees who contributed their time and knowledge to the study and reviewed the report’s case studies (see report appendices). The authors are also indebted to Don Cohen, Didier van de Velde, Darnell Grisby, Neil Smith, Kent Woodman, Dottie Watkins, Ed Wytkind, and Jeff Pavlak for their detailed and insightful comments during peer review. -
Exelon Corp. V. Commissioner
Tax News and Developments North America Tax Practice Group Newsletter November 2018 | Volume XVII, Issue 10 Second Circuit Decides that Modification of In This Issue: Variable Prepaid Forwards was Taxable Second Circuit Decides that Modification of Variable The US Court of Appeals for the Second Circuit handed the taxpayer a major Prepaid Forwards was defeat in a case of first impression regarding the tax consequences of modifying Taxable variable prepaid forward contracts (“VPFCs”). In Estate of McKelvey v. Closing Down the SILO: Commissioner, No. 17-2554 (2nd Cir. 2018), the Second Circuit determined that Exelon Corp. v. Commissioner the amendments to the VPFCs (i) resulted in an exchange of the original VPFC Common Interest Privilege for the amended VPFC, and (ii) triggered constructive sales of the stock Affirmed as Supreme Court of Canada Refuses to Hear underlying the VPFCs. Government Appeal Andrew McKelvey was the founder and CEO of Monster Worldwide. McKelvey New IRS Guidance Opens Door to Use of Qualified owned millions of Monster shares. In 2007, he entered into a VPFC with each of Opportunity Zones two investment banks. Under the VPFCs, the banks paid McKelvey an upfront China Expands Scope of cash payment of approximately $194 million. The VPFC required McKelvey to Reinvestment Incentive to All deliver a variable number of Monster shares to the bank counterparty on the MNC Projects settlement dates specified in the VPFC. The number of shares McKelvey had to UK Budget 2018: What You deliver to the bank depended upon the value of the shares on the settlement date Need to Know and was subject to a cap and a floor. -
United States Department of the Interior National Park Service Section ___ Page SUPPLEMENTARY LISTING RECORD NRIS Reference Numb
NPS Form 10-900a OMB No. 1024-0018 (8-86) United States Department of the Interior National Park Service Section ___ Page SUPPLEMENTARY LISTING RECORD NRIS Reference Number: 08000083 Date Listed: 2/26/2008 Palace of Fine and Decorative Arts, Treasure Island San Francisco CA Property Name County State N/A Multiple Name This property is listed in the National Register of Historic Places in accordance with the attached nomination documentation subject to the following exceptions, exclusions, or amendments, notwithstanding the National Park Service certification included in the nomination documentation. / Signature of the Keeper Date of Action Amended^!terns in Nomination: Location: The Location block should read; SE Side of California Avenue, between Avenue F and Avenue I. [The Description Section (7.1) should also be amended to reflect this location.] i '• Acreage: The correct acreage should be listed as: approximately two (2) acres These clarifications were confirmed; with the NAVY FPO' office. DISTRIBUTION: National Register property file Nominating Authority (without nomination attachment) NFS Form 10-900 OMBNo. 1024-0018 (Oct. 1990) United States DepartrrgnLoUhe Interior RECEIVED \C5733 National Park Service MAR 2 9 2007 National Register c f rjlTstorTc Peaces gistration Form QHP form is for use in nominal! ig individual in How to Complete the rational Register o1 Historic PI ii igister Bulletin 16A). Complete each item by marking "x" in the appropriate box or by entering the information req D the property being documented, enter "N/A" for "not applicable." For functions, architectural classification, mateTiatsiand areas of significance, enter only categories and subcategories from the instructions. Place additional entries and narrative items on continuation sheets {NPS Form 10-900a). -
Shanghai, China Overview Introduction
Shanghai, China Overview Introduction The name Shanghai still conjures images of romance, mystery and adventure, but for decades it was an austere backwater. After the success of Mao Zedong's communist revolution in 1949, the authorities clamped down hard on Shanghai, castigating China's second city for its prewar status as a playground of gangsters and colonial adventurers. And so it was. In its heyday, the 1920s and '30s, cosmopolitan Shanghai was a dynamic melting pot for people, ideas and money from all over the planet. Business boomed, fortunes were made, and everything seemed possible. It was a time of breakneck industrial progress, swaggering confidence and smoky jazz venues. Thanks to economic reforms implemented in the 1980s by Deng Xiaoping, Shanghai's commercial potential has reemerged and is flourishing again. Stand today on the historic Bund and look across the Huangpu River. The soaring 1,614-ft/492-m Shanghai World Financial Center tower looms over the ambitious skyline of the Pudong financial district. Alongside it are other key landmarks: the glittering, 88- story Jinmao Building; the rocket-shaped Oriental Pearl TV Tower; and the Shanghai Stock Exchange. The 128-story Shanghai Tower is the tallest building in China (and, after the Burj Khalifa in Dubai, the second-tallest in the world). Glass-and-steel skyscrapers reach for the clouds, Mercedes sedans cruise the neon-lit streets, luxury- brand boutiques stock all the stylish trappings available in New York, and the restaurant, bar and clubbing scene pulsates with an energy all its own. Perhaps more than any other city in Asia, Shanghai has the confidence and sheer determination to forge a glittering future as one of the world's most important commercial centers. -
International Trade Compliance Update
International Trade Compliance Update (Covering Customs and Other Import Requirements, Export Controls and Sanc- tions, Trade Remedies, WTO and Anti-Corruption) Newsletter | May 2017 In This Issue: World Trade Organization (WTO) World Customs Organization (WCO) Other International Matters The Americas - Central America The Americas - North America The Americas - South America Asia-Pacific Europe, Middle East and North Africa Trade compliance enforcement ac- Please see our Webinars, Meetings, Seminars section for the full schedule of tions - import, export, IPR, FCPA webinars in this series, names of speakers, contacts and information on how to Newsletters, reports, articles, etc. register for one or more of these complimentary webinars, as well as information on other events and links to video recordings of past webinars. Webinars, Meetings, Seminars, etc. WTO TBT Notifications CBP Rulings: Downloads and Searches To keep abreast of international trade-related news, visit our blogs: CBP Rulings: Revocations or Modifi- cations For International Trade Compliance Updates, please regularly visit . European Classification Regulations www.internationaltradecomplianceupdate.com Amendments to the CN Explanatory For additional articles and updates on trade sanctions, export controls and relat- Notes ed subjects, please visit: http://sanctionsnews.bakermckenzie.com/ regularly. Section 337 Actions For resources and news regarding international trade, particularly in Asia, please Antidumping, Countervailing Duty visit our new Trade Crossroads blog at http://tradeblog.bakermckenzie.com/. and Safeguard Investigations, Or- ders & Reviews To see how the UK referendum on exiting the EU (Brexit) may affect your busi- ness, visit http://brexit.bakermckenzie.com/ For additional compliance news and comment from around the world, please visit http://globalcompliancenews.com/. -
Successful Partnerships (PDF)
Successful Partnerships for Parks Collaborative Approaches to Advance Equitable Access to Open Space — Contents — The Power of Partnerships — Partnerships in Action — Notes — Acknowledgments Successful Partnerships for Parks Collaborative Approaches to Advance Equitable Access to Open Space — Contents — The Power of Partnerships — Partnerships in Action — Notes — Acknowledgments ON THE COVER: Yanaguana Garden at Hemisfair is a 4.1-acre (1.7 ha) community gathering place in downtown San Antonio. The park is owned in partnership by Hemisfair Park Area Redevelopment Corporation and the city of San Antonio, with additional partners supporting park development and operation. Billy Hustace Photography © 2020 by the Urban Land Institute 2001 L Street, NW | Suite 200 | Washington, DC 20036-4948 Printed in the United States of America. All rights reserved. Reproduction or use of the whole or any part of the contents of this publication without attribution or written permission of the copyright holder is prohibited. Recommended bibliographic listing: Urban Land Institute, Successful Partnerships for Parks: Collaborative Approaches to Advance Equitable Access to Open Space (Washington, DC: ULI, 2020). ISBN: 978-0-87420-455-1 — Contents — The Power of Partnerships — Partnerships in Action — Notes — Acknowledgments ABOUT ULI ULI BUILDING HEALTHY Public Land (TPL), in partnership with the National Recreation and Park Association (NRPA) and the The Urban Land Institute is a global, member-driven PLACES INITIATIVE Urban Land Institute and with support from organization comprising more than 45,000 real estate Around the world, communities face pressing health The JPB Foundation, 10 Minute Walk is working to and urban development professionals dedicated to challenges related to the built environment. -
NPS Form 10 900 OMB No. 1024 0018
NPS Form 10-900 (Rev. 8/2002) OMB No. 1024-0018 (Expires 1-31- 2009) United States Department of the Interior Draft National Park Service National Register of Historic Places Registration Form This form is for use in nominating or requesting determinations for individual properties and districts. See instructions in How to Complete the National Register of Historic Places Registration Form (National Register Bulletin 16A). Complete each item by marking "x" in the appropriate box or by entering the information requested. If any item does not apply to the property being documented, enter "N/A" for "not applicable." For functions, architectural classification, materials, and areas of significance, enter only categories and subcategories from the instructions. Place additional entries and narrative items on continuation sheets (NPS Form 10-900a). Use a typewriter, word processor, or computer, to complete all items. 1. Name of Property Historic name Four Fifty Sutter Building Other names/site number 450 Sutter Building; Medical-Dental Building; Four Fifty Building 2. Location street & number 450 Sutter Street N/A not for publication city of town San Francisco N/A vicinity State California code CA county San Francisco code 075 zip code 94108 3. State/Federal Agency Certification As the designated authority under the National Historic Preservation Act, as amended, I hereby certify that this _ nomination request for determination of eligibility meets the documentation standards for registering properties in the National Register of Historic Places and meets the procedural and professional requirements set forth in 36 CFR Part 60. In my opinion, the property meets does not meet the National Register Criteria.