Shearman Guides Liberty Global In Latin American Spinoff
By Jack Newsham (January 3, 2018, 9:29 PM EST) -- Publicly traded telecommunications giant Liberty Global PLC recently completed the spinoff of its Latin American operations with help from lawyers at Shearman & Sterling LLP, the firm said Wednesday, with holders of a former tracking stock now possessing shares in an independent company.
Liberty, a U.S. holding company mostly owned by businessman John Malone with subsidiaries across the globe, has replaced three share classes designed to move with its business in the Caribbean and Latin America with shares in Liberty Latin America Ltd. The new shares began trading on Tuesday, the law firm said.
The tracking stock was created a few...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!