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Overview
Lebanon has been the Middle East country of choice for many foreign investors, thanks in part to its free market economy. The recent increase in three-way investment between Kuwait, Bahrain and Lebanon is an added attraction, partly because of a dearth of cross-border legal services. Improved economic conditions in Lebanon are increasing the work available to its lawyers although the market reports that smaller firms in particular are suffering the effects of the global recession which have been slow to filter through to the region.
Firms say legal work is a little slower and because of recent political tensions and the ongoing threat of war, and businesses ‘tiptoed’ into investment in 2010. But, despite continuing political uncertainty, the legal market has seen developments, particularly in the banking and finance sector. A number of legislative projects are still pending which, when passed, are expected to bring significant reform, particularly in these sectors.
The legal market reports that 2010 was a tough year for many firms and for clients. However, the property market is looking positive, and sectors that are relatively active are banking and finance, aviation and real estate work. M&As are also on the increase because of recession-induced restructuring of business organisations.
Search News and Articles
Press releases
Legal Developments worldwide
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The Ultimate Legal Guide to Investing in Greece
1) minority shareholders rights and shareholders agreements, -
No substitute for experience
If there is one part of the Localism Act 2011 about which local government lawyers have considerable concerns, it is the new standards regime.- 11KBW -
CONSULTATION AND LEGITIMATE EXPECTATIONS
Clive Sheldon QC- 11KBW -
The Russian Federal Tax Service on how to conclude advance pricing agreements for tax purposes
Legal Update No. 322 -
New documents and filling rules for VAT settlements
Legal Update No. 324 Goltsblat BLP advises that Resolution of the Government of the Russian Federation No. 1137 “On the Formats and Rules for Completing (Maintaining) Documents Used in Value Added Tax Settlements” was adopted on 26 December 2011 (the Resolution). -
Japan IP Enforcement & Transactions Newsletter February 2012/Vol. 1
• The IP High Court recognized the inventive step of a medical-use claim based on its remarkable effect over the prior-arts (p.2) • 顕著な効果を有することを理由に医薬用途発明の進歩性を肯定した知財高裁判決(平成23 年11 月30 日:平成23 年(行ケ)第10018 号)[Japanese] (p.2) • 以具有显著效果为理由肯定医疗用途发明的进步性的知识产权高裁判决(平成23 年11 月30 日:平成23 年(行ヶ)第10018 号[Chinese] (p.3) • "Use" of Computer System (p.3) -
Legal Express Issue 1
We are pleased to bring you our Legal Express, which covers the most significant legislative changes in Russia in December 2011 and January 2012.- Noerr -
The New Security Interests (Jersey) Law 201- (the "New SIL") (yet to come into force)
An executive summary - January 2012 -
Russian sac recovers actual damage and lost profit from Russian FCS
Legal Update No. 323 Goltsblat BLP advises that, on 17 January 2012, the Presidium of the Russian SAC issued a Ruling under Case No. А40-89211/10-30-762 recovering real damage and lost profit from the Federal Customs Service in favour of an exporter owing to an unlawful order. -
Russian sac on article 333 of the Russian civil code
Legal Update No. 320 Goltsblat BLP advises of publication of Resolution No. 81 of the Plenum of the Supreme Arbitration Court of the Russian Federation “On Certain Aspects of Applying Article 33 of the Russian Civil Code” dated 22 December 2011 (the “Resolution”) regarding penalty reduction.
Press Releases worldwide
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The Public Law Project Wales Conference 2012, 4th April 2012
Joanne Clement will be speaking at The Public Law Project Wales Conference 2012 on 4th April 2012. This is the fourth annual PLP conference in Wales which this year will be opening by John Wotton, President of the Law Society. The programme includes plenary sessions on The top ten judicial review cases in Wales, Litigating the cuts, and The tribunal system in Wales as well as a panel discussion on Public law in a future Wales. Seminar topics include:- 11KBW -
WKB as content partner at the seminar ‘Optimisation of employment costs in respect of employees...
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Carey Olsen’s superior HR strategy wins at HR Distinction Awards 2012
Carey Olsen’s strategic approach to human resources (HR) has been praised at the UK national HR Distinction Awards 2012, which were held in Birmingham on 24 January, when the Channel Islands law firm was awarded the prize for Distinction in Added Value. -
DCC Energy acquires Swea Energi Holding AB
DCC Energy has agreed to acquire the Swedish company Swea Energi Holding AB from Viviann and Lennart Hansson for an initial purchase price of SEK 205 million. Completion of the acquisition is conditional on competition approval from the European Commission. -
Mannheimer Swartling sponsors scholarship programme for Chinese law graduates to study arbitration l
Mannheimer Swartling is pleased to announce its participation in a scholarship programme that will allow three Chinese law students to participate in The Master of International Commercial Arbitration Law programme (ICAL) at Stockholm University. Mannheimer Swartling is joined by Swedish law firms, Gernandt & Danielsson and Vinge, in donating the scholarships. -
Two new partners
BCCC has the great pleasure to announce two new partners, Stéphanie Fuld and Thomas Goossens , as of January 1st, 2012: -
Hiroya Ito and Yuichiro Nukada contributed to the publishing of the January issue of Corporate Intl
Our special counsel, Hiroya Ito, and our partner, Yuichiro Nukada was involved as the exclusive expert from Japan in the Round Table feature on Real Estate, which was published in the January 2012 issue of Corporate Intl. -
AstapovLawyers protects the interests of the OBI hypermarket chain in court
The lawyers of AstapovLawyers International Law Group have successfully protected the interests of Do It Yourself Ukraine LLC, a company operating a hypermarket chain under the brand OBI, in the Kyiv Commercial Court. -
Yoshimasa Furuta's comment regarding nuclear power damage compensation published on the website...
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Lidings strengthens its practice of supporting international airlines in Russia
Lidings, the leading Russian law firm, dedicated to advising foreign companies on all aspects of Russian law uses its expertise to develop strong aviation practice oriented to support international airlines in Russia.