Read the latest news from our members
in alphabetical order by company name
Mark P. Gordon and Patrick J. Rohrbach named directors at Gordon, Fournaris & Mammarella, P.A.
Hugill & Ip authors the 2024 Hong Kong chapter of Legal 500 Comparative Guide on Family Law
Matouk Bassiouny welcomes Ayman Heikal as Partner and Head of Capital Markets to its UAE offices
Historic milestone in financial markets: Italian companies can now issue participatory and debt instruments in a digital form through public blockchain, with global visibility
Moritt Hock & Hamroff announces 2025 attorney promotions
RNM Capital launches RNM Capital Trust
SeatonHill Partners welcomes Forest Ralph, Mark Flaherty, and Webb Stickney as CFO partners
GGI member firm GF&M is proud to announce the promotion of two of our exceptional associates, Mark P. Gordon and Patrick J. Rohrbach, to the role of Director. Both Mark and Patrick have consistently demonstrated outstanding dedication in serving our clients, and their promotions reflect the significant contributions they have made to the firm’s continued success.
GGI member firm Gordon, Fournaris & Mammarella, P.A.Wilmington, DE, USAT: +1 302 652 2900
Law Firm Services
Contact Mark | Contact Patrick.
Hugill & Ip recently provided a comprehensive overview of family law in Hong Kong. It outlines key jurisdictional requirements for divorce and property division, stating that the Hong Kong courts have jurisdiction if either party is domiciled or habitually resident in Hong Kong or has a substantial connection to the region.
The guide discusses the grounds for divorce and highlights that non-fault-based grounds can include separation for one year with consent or separation for two years without consent. It emphasises that foreign marriages are recognised if valid in the jurisdiction where they occurred, but same-sex marriages are not recognised in Hong Kong.
The court has the power to make financial orders including maintenance, property transfers, and lump-sum payments, with the court considering factors such as the parties' incomes, needs, and contributions to family welfare. The guide also explains the process for serving divorce petitions and recognising foreign divorce decrees, which require specific jurisdictional criteria to be met.
A notable aspect of the guide is the treatment of prenuptial agreements, which are recognised as relevant but do not override statutory provisions. Maintenance for children is primarily regulated under the Matrimonial Proceedings and Property Ordinance, ensuring that obligations cease when a child turns 18 or completes full-time education.
Overall, the guide provides crucial insights into the legal framework governing family law in Hong Kong, addressing issues such as custody arrangements, financial claims for unmarried couples, and the enforcement of foreign orders, making it an essential resource for legal practitioners and clients alike.
View the pdf document here.
Hugill & Ip is a young independent law firm whose partners have decades of international experience. The firm provides bespoke legal advice and exceptional client service to individuals, families, entrepreneurs and businesses, in Hong Kong and internationally.
GGI member firm Hugill & IP Hong KongT: +852 2861 1511
Caroline McNallyContact Caroline McNally.
DUBAI, UAE, November 17, 2024 — Matouk Bassiouny is pleased to announce the appointment of Mr Ayman Heikal as Partner and Head of Capital Markets in the UAE.
Ayman has more than 26 years of capital markets expertise in the UAE, where he served as the legal consultant for the Securities and Commodities Authority (SCA), His Excellency the Minister of Economy, and the Ministry of Economy. He also served as a legal consultant and member of the board of trustees of MAJRA, the federal government’s corporate social responsibility arm.
During his tenure in the UAE, Ayman drafted and negotiated numerous drafts of federal commercial, economic and capital market laws, and their executive regulations and implementing decisions. He was also involved in the drafting of the Gulf Cooperation Council Countries Unified Guidelines in the field of commercial and economic laws.
His areas of expertise include public and private offerings, company establishments, M&As, capital increases and reductions, strategic partnership counselling, restructuring, liquidation, and bankruptcy.
Omar S. Bassiouny, Founding Partner and Group Head of Corporate and M&A, says, “We are confident that Ayman’s expertise and skills will be an invaluable asset to Matouk Bassiouny’s clients and look forward to continued evolution in our regional capital markets practice for many years to come.”
Matouk Bassiouny & Hennawy was established in 2005 and has developed into a premier full-service business law firm in Egypt, and the Middle East and North Africa region. We pride ourselves in our people as well as in the strong and long-lasting relationships we have built with our corporate and institutional clients over the years.
GGI member firmMatouk Bassiouny & Hennawy Cairo, EgyptT: +202 2796 2042
MILAN, Italy, November 28, 2024 — Geneva Capital Group (GCG) member firm Milano Global Advisors SPA (MGA SPA), in collaboration with BlockInvest, and with some legal support, is excited to announce its registration in the list of Digital Circulation Register Managers managed by the Italian Companies and Exchange Commission (CONSOB) under the Fintech Decree.
This important recognition paves the way for innovation in the capital market, enabling the native and digital management of tokenised financial instruments. Thanks to this development, Italian startups and SMEs will now be able to issue financial instruments such as shares, bonds, and Italian debt securities in a secure, digital form through the public blockchain.
This milestone marks a significant turning point for the sector, serving as one of the first concrete applications of the Fintech Decree in Italy. It also confirms the potential for system-wide innovation within a clear and well-defined regulatory framework for the European financial market.
Through its new role as a register manager, MGA will provide Italian companies with a secure, automated, and technologically advanced environment for issuing and circulating natively digital financial instruments using blockchain technology. It will also allow interested investors to interact with maximum transparency and efficiency while adhering to regulations and maintaining the highest security standards in a new and more accessible financial ecosystem.
“This achievement is a source of great pride for the entire MGA SPA team. CONSOB’s recognition of our registration as a register manager is not only a testament to our professionalism but also a launchpad for new opportunities in financial digitisation. We are ready to continue our mission with determination – simplifying interactions between issuers, investors, and stakeholders, while offering an integrated platform that addresses the challenges of the future,” said MGA CEO Dr Cesare Suglia.
“This milestone confirms BlockInvest’s robust growth and the quality of our technological platform. After successfully collaborating on the first Italian digital bond, MGA’s registration in the Digital Circulation Register represents another step forward in consolidating our position in the tokenisation market. Our collaboration demonstrates how innovation and compliance can go hand in hand, offering secure and cutting-edge solutions for the Italian and international financial markets. This achievement is not just a step forward for us but for the entire Italian fintech ecosystem,” said Lorenzo Rigatti, founder of BlockInvest, and technical advisor.
Milano Global Advisors (MGA) is an independent company founded in 2015 by Cesare Suglia and a team of experienced professionals in the financial field. Today, Milano Global Advisors is a group with headquarters in Milan at Corso Sempione 4, and operates throughout Italy and internationally, specialising in merger and acquisition, and credit mediation operations.
GCG member firmMGA Milano Global AdvisorsMilan, Rome, ItalyT: +39 02 8271 2623
Advisory, Corporate Finance
Contact Dr Cesare Suglia.
GARDEN CITY, NY, 06 January 2025 — GGI member firm Moritt Hock & Hamroff has announced that Brian Adelman and Jodi B. Zimmerman have been elevated to partner, while Allison Arotsky, Julie R. DeLeόn and Ronald P. Perry, have all been elevated to counsel, effective 01 January 2025.
The firm further announced that David S. Fitzhenry, a partner of the firm, has been elected to serve as Partner-in-Charge of its New York City office where he will manage its day-to-day operations. Additionally, Brian Adelman, a partner of the firm, has been elected to serve as co-chair of its Trusts & Estates Practice Group, while Danielle J. Marlow, a partner of the firm, has been elected to serve as co-chair of its Litigation Practice Group, effective 01 January 2025.
“Congratulations to our partners and counsel on their well-deserved promotions,” said Michael Cardello III, MH&H Managing Partner. “Each has demonstrated a deep commitment to our clients, their areas of practice, and to the firm's growth through their professionalism, best practices and collaborative teamwork. We look forward to their continued success in shaping the growth of our firm in the years to come.”
“These outstanding lawyers are a true representation of MH&H's culture, vision, and commitment to excellence and strength in partnership,” said Marc Hamroff, MH&H Chairman. “It's an honour to recognise each of them for their achievements.”
Brian Adelman, Julie DeLeόn and Ronald Perry (Trusts & Estates) focus their practice on all aspects of complex trusts and estates matters. Their practice is diversified and includes estate administration, asset protection planning, estate and trust planning and business succession planning.
Jodi Zimmerman (Condominium & Cooperative Services) focuses her practice on the representation of sponsors, developers, condominium associations, cooperative apartment corporations, and not-for-profit organisations in all facets of sophisticated condominium and cooperative services and real estate related matters.
Allison Arotsky (Creditors' Rights, Restructuring & Bankruptcy) focuses her practice in the areas of bankruptcy and commercial litigation. She represents debtors, creditors, and other parties-in-interest in Chapter 11 cases and insolvency-related litigation.
David Fitzhenry (Condominium & Cooperative Services) focuses his practice on sophisticated New York City real estate transactions. He represents developers, lenders, sponsors, purchasers, sellers, landlords, tenants, not-for-profit organisations, condominium associations, and cooperative apartment corporations.
Danielle Marlow (Litigation) focuses her practice on complex commercial litigation matters including financial services and securities litigation, creditors’ rights, employment litigation, trust and estate litigation, real estate litigation, breach of fiduciary duty and derivative claims, shareholder and partnership disputes, antitrust, breach of contract, business torts, and class actions.
GGI member firmMoritt Hock & Hamroff LLP Garden City (NY), New York (NY), USAT: +1 516 873 2000Law Firm Services
Moritt Hock & Hamroff LLP is a 90-attorney, full-service, commercial law firm, founded in 1980, that provides a wide range of legal services to businesses, corporations, and individuals worldwide from its offices in New York City, on Long Island, and in Florida.
Gujarat International Finance Tec-City, commonly referred to as GIFT City, is a thriving business district located in Gandhinagar, Gujarat. The concept behind GIFT City is to create a world-class finance and IT hub that serves clients both globally and within India. It is rapidly becoming a global center for financial and business services, attracting companies and investors from around the world. With its state-of-the-art infrastructure and vibrant financial ecosystem, investing in GIFT City presents an excellent opportunity to engage with India’s growth story and benefit from its dynamic and innovative environment.
We are excited to announce that RNM Capital FME IFSC LLP, a fund management entity is incorporated at the GIFT City, Gandhinagar, Gujarat, by the RNM Group, in partnership with P&Y Capital. It is focused on raising resident & non-resident funds. RNM Capital Trust has recently started with the non-resident fund, named RNM Equity Opportunities Fund. This fund channels foreign investments into the Indian stock market, focusing strategically on a wide array of sectors and industries. Its goal is to identify high-potential opportunities that enhance portfolio diversification while striving to outperform benchmark indices. This is accomplished through a meticulous process of fundamental and comparative analysis, ensuring investors achieve optimal returns.
About RNM Group
RNM Group, established in 1946 is a boutique consultancy firm, incorporated under the name R.N. Marwah & Co. LLP by its founder, the late Shri R.N. Marwah. Over the years, RNM Group has expanded its presence with branch offices in Gurugram, Bengaluru, Mumbai, Raipur, London and Hong Kong. Today, RNM Group operates through multiple entities, offering a wide range of services, including full-service accounting, audit, tax advisory, consulting, USA & UK outsourcing and investment banking. The Investment banking firm, RNM Capital Advisors was established in 2009.
About P&Y Capital
P&Y Capital LLP, founded by Mr. Paulastya Sachdev, operates under his leadership as the Chief Investment Officer and manages Albatross Capital, a SEBI-registered Category III Alternative Investment Fund (AIF). Albatross Capital has consistently delivered exceptional returns, exceeding 25% from equity markets.
Mr. Sachdev, an alumnus of Cardiff University in Wales, further honed his expertise by completing a valuation course at Harvard University. With over 18 years of investment experience, he has a strong track record of identifying multi-bagger stocks. His notable investments in the listed space include Tata Elxsi, Sesa Goa, Anantraj, Divi's Laboratories, NIIT Ltd, HPCL, IOC, Amrutanjan, Rallis, and several others.
RNM Capital FME has appointed Mr Vikas Jain as the Fund Manager and Mrs Manpreet Kaur as the Compliance Manager, who are based at the GIFT City office located at Unit 804-06 8th Floor Brigade International Financial Centre (BIFC), Gift City, Gandhinagar, Gujrat.
GCG member firm RNM Capital FME IFSC LLPGIFT City, Gandhinagar, Gujarat, IndiaAdvisory
GCG member firm SeatonHill Partners, LP, the nation’s fastest-growing strategic CFO services firm, is pleased to announce the following new partners joined their team in the fourth quarter of 2024.
Forest Ralph has experience as a CFO, business development and strategic planning lead, and consultant to the offices of the CFO and Treasurer in the areas of infrastructure construction project management, healthcare, automotive, manufacturing, technology, consumer packaged goods, agribusiness, and banking industries.
Mark Flaherty is a strategic, global financial leader and CPA with a proven track record transforming multinational companies and startups. His sector experience includes retail (direct to consumer, store, wholesale, and marketplace); media (cable, streaming, and subscription media), distribution, manufacturing (domestic and offshore); residential construction; and staffing.
Webb Stickney is a highly accomplished global CFO who quickly assimilates into complex businesses. He has experience across an array of sectors, including manufacturing, international and domestic distribution, oil field services, managed services software development, US Department of Defense, professional sports, auctions-live and online, retail/franchise, real estate development, winery & vineyard, and operations.
GCG member firm SeatonHill PartnersFort Worth, TX, USAT: +1 262 215 0945Advisory
SeatonHill Partners is an elite CFO services provider distinguished by a team of highly experienced strategic leaders who go beyond the numbers to ensure the financial strength and stability of businesses. SeatonHill specialises in providing CFO services on a fractional, interim, project-based, and advisory basis.
