Here’s how often lawyers don’t want to return to the office: The morning minute
PUBLIC IN THE REPUBLIC – Squire Patton Boggs has led a family business in the Dominican Republic to what appears to be the island nation’s first publicly traded company. Amy Guthrie of Law.com International reports. César Iglesias, SA, a large company that manufactures and imports consumer goods such as laundry detergent and vegetable oil, first approached the company’s Santo Domingo arm – Squire Patton Boggs Peña Prieto Gamundi – with a view to selling a minority stake in the international finance expansion. These talks turned into a major corporate reorganization for a company that has been in business for more than 100 years and was owned by multiple branches of the same family. According to Awilda Alcántara-Bourdier, a Santo Domingo-based partner at Squire Patton Boggs who led the legal team advising César Iglesias, the company began considering a public offering of shares as domestic tax rates were reduced to help local capital markets to boost . To achieve this, César Iglesias required specialist advice from Squire Patton Boggs on securities market regulation issues, as well as amendments to the articles of incorporation and corporate structure to align with the legal and regulatory framework of the Dominican Republic’s securities market. The company is expected to list its shares in May.
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