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Legal market overview
Following the 2013 election of President Uhuru Kenyatta, Kenya seems to be on a clear, positive road to economic, social and political improvement as the new government enacts policies to make Kenya more attractive as a business opportunity, particularly for foreign investors. This has resulted in a number of multinationals showing serious interest in the market.
For lawyers, an increase in M&A and infrastructure projects – particularly in the energy market – has generated significant mandates. The discovery of new oil reserves off the Kenyan coast in early 2014 holds the promise of more legal work.
One important development in the Kenyan legal market was the merger of Oraro & Co Advocates and Hamilton Harrison & Mathews in October 2014 to form the new firm Hamilton Harrison & Mathews (incorporating Oraro & Co), thus challenging the status of rivals such as Anjarwalla & Khanna as one of the largest Kenyan law firms.
Legal Business: country analysis
Constructing continents – the clients and advisers targeting Africa’s booming infra market
With a huge infra deficit and investment flooding in, we assess the bellwether projects – and their advisers – defining Africa’s infrastructure market.
Click here to read the feature.
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The draft tax bill introduced in the Austrian Parliament last week will implement the most significant tax reform in the country's history. read more...
Turkey: Will the Constitutional Court's Latest Cancellation of the Provisions of the Trademark DecreTrademark or/and service mark applications can be filed in Turkey in accordance with the Decree Law No. 556 (“Decree Law”) enacted in 1995. read more...
The entry of foreigners into Turkey, visa requirements, principles and procedures of the scope and application of international protection, regulations and novelties on establishment, duties and the mandate of General Directorate of Immigration Management (“General Directorate”) is regulated by the Law on Foreigners and International Protection No. 6458 that was published on April 11, 2013. The Law on Foreigners and International Protection No. 6458 (“the Law”) has entered into force on April 11, 2014 and has abrogated the formal Law on Residence and Travels of Foreigners in Turkey No. 5683 by entering into force.
The International Comparative Legal Guide to Employment & Labour Law 2015 Edition
On December 10, 2014, the proposed legislation for the Environmental Pollution Damage Compensation and Recovery Act (the “Environmental Damage Compensation Act”) was passed by the National Assembly by unanimous votes of the present members. This Act will enter into force one year after the date of its promulgation, provided that, however, the obligation to subscribe environmental liability insurance under Article 17 will be enforced 18 months after tis promulgation.
The winners of the FT Innovative Lawyers Awards for Asia-Pacific were announced on the 10th June 2015 at an awards ceremony held in Hong Kong.
For the last few years, Turkey's hospital campus programme, also known as hospital PPP's, has been one of the most discussed topics in the country's infrastructure sector and legal environment. read more...
On August 6, 2013, the Ministry of Strategy and Finance announced proposed tax law amendments for 2015, most of which would take effect on January 1, 2015 if enacted into law. The main items as currently proposed are summarized below but are subject to change during the National Assembly’s legislative review later this year.
SyCipLaw contributed the Philippine Chapter of Insurance Regulation in Asia Pacific – Ten things to know about 20 countries published by Norton Rose.
REMINDER ON THE REGULATORY FRAMEWORK ON PAYMENT INSTITUTIONS AND ELECTRONIC MONEY INSTITUTIONS
Stephen Baker, senior partner at Baker & Partners, was invited as a panelist to the International Bar Association (IBA)’s Annual Anti-Corruption conference, Paris, exploring how assets can be located, preserved and recovered in corruption cases.
HaoLiWen recently has helped clients to resolve several customs classification (HS code) cases, and the clients benefits a lot in terms of import duties saves or avoidance of administrative or even criminal penalties.
The participants of a workshop on fraud risks among senior management have discussed reasons of corporate fraud, potentially fraud-conducive environments and ways to fight it.
Danos & Associates has recently established a new office in Kiev, Ukraine. We are proud of our cooperation with Lex-Liga law firm. Lex-Liga is one of the leading law firms in Ukraine. The firm offers full services in all areas of law and is based in Kiev. Lex-Liga's lawyers and staff are highly experienced and professional.
The first translation of the report Airport Competition in Europe commissioned by Airports Council International Europe (ACI EUROPE) has been officially published in Russia. The translation was initiated by the Federal Air Transport Agency (Rosaviatsia) and was carried out by VEGAS LEX law firm and the First Infrastructure Company InfraONE.
On 2 June 2015, the Russian Constitutional Court announced its resolution concerning the claim of OOO Zapolyarneft stating that environmental charges imposed on this company were disproportionate. One of the rules of the Russian Forestry Code and the Russian Government's resolution based on it were recognised as inconsistent with the Constitution.
In the elegant atmosphere of Jugoslovenska Kinoteka in Belgrade, Karanović & Nikolić hosted a celebratoin marking two decades of business operations.
All the evidence indicates that the authorities no longer view mortgage brokers as the middle man, free from all blame. As a result, brokers are increasingly finding themselves in the dock along with people who made the fraudulent mortgage applications that aroused the interest of investigators.
23 June 2015, Ho Chi Minh City, Vietnam
Das Magazin FOCUS hat in seiner aktuellen Spezialausgabe wieder eine Liste der führenden Steuerkanzleien in Deutschland veröffentlicht. GSK Stockmann + Kollegen wurde dabei erneut im Bereich „Umwandlung, Umstrukturierung und M&A“ als Top-Steuerkanzlei ausgezeichnet und erhielt das damit verbundene FOCUS-Siegel „Top-Steuerkanzlei 2015“.