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Lebanon

Editorial

Legal market overview

As a result of an economic slump, partly due to Syria’s civil war which led to an influx of refugees over its borders, Lebanon is currently the Arab world’s most indebted country and experiencing reduced investment and consumption levels. Lebanon’s energy sector has also slowed down, with the government’s bidding process for granting oil blocks delayed because of political tensions. Consequently, the country’s government went to the international capital markets on two occasions in 2015: raising $2bn-plus of new government debt in February, thanks to Lebanon’s strong banking sector, and raising a further $1.3bn in Eurobonds in October.

Lebanon’s tight and competitive legal market remains dominated by local firms, such as Abou Jaoude & Associates Law Firm; Abouhamad, Merheb, Chamoun, Chedid; Abousleiman & Partners; and Badri and Salim El Meouchi Law Firm. The chasing pack includes Airut Law Offices, El-Aref International Law Office and El-Khoury & Partners in association with Holman Fenwick Willan LLP.

Firms in the spotlight

Hamdan Law Firm
www.hamdanlawfirm.com

The Hamdan Law Firm was founded in 1961 by Ahmad Hamdan and offers a full range of legal services. It is one of the oldest law firms in Lebanon and is today managed by Abdel Ghani Hamdan. The firm has strong connections throughout the Middle East and a solid reputation for offering a full range of high-quality legal services, working alongside other prominent law firms in the Middle East, Europe and the US to advise European, American and Arab clients.

Press releases

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Legal Developments worldwide

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  • Law No 15 of 2016, the New HR Law

    Law No. 15 of 2016 on Civil Human Resources was issued by HH the Emir Sheikh Tamim bin Hamad Al-Thani, recently.
  • [SOUTH KOREA] Questions on Product Safety Continue, Bringing About Strengthened Regulatory Oversight

    In the midst of growing public concern over the health hazards of certain household chemical products,¹ concerns are now being raised about the safety of chemicals in other types of products, such as "quasi-drugs" (e.g., toothpastes) and cosmetics.   
  • 16 February 2017: Credit Suisse successfully launched its new subsidiary Credit Suisse (Switzerland)

    Credit Suisse (Switzerland) Ltd. was incorporated with the purpose to be organized as a Swiss bank. It is a wholly owned subsidiary of Credit Suisse AG. The transfer of assets and liabilities according to Swiss merger law became effective on 20 November 2016. The transfer was aimed to evolve the legal entity structure of the Credit Suisse Group to meet regulatory requirements for systematically important banks.
  • 14 February 2017: BASF acquires Rolic Group

    BASF acquires Rolic, a Swiss based group offering innovative and forward-thinking solutions, particularly in the display and security industries as well as the optical film business.
  • Italy implements a new Directive relating to the Transfer of Workers between Countries

    With the Legislative Decree 136/2016 which implements the “Enforcement” Directive (2014/67/UE)  Italy strengthens the rights and protections afforded to workers posted between Member States and elsewhere relating to their terms of employment, remuneration and working conditions.
  • Enabling the Business of Agriculture 2017

    The World Bank Group has released Enabling the Business of Agriculture 2017. The report presents data on legal barriers for farmers, entrepreneurs and businesses operating in agriculture in 62 countries and across the topics of land, seed, fertilizer, machinery, water, livestock, finance, markets, transport, and information and communication technology (ICT). SyCipLaw's  Rose Marie M. King-Dominguez ,  Alan C. Fontanosa ,  Franco Aristotle G. Larcina  and  Ruben P. Acebedo II  contributed to the report.
  • 15 February 2017: gategroup CHF 300 mio. bond issuance

    gategroup successfully raised CHF 300 million through the issuance of a fixed rate 5-year senior bond with a final maturity on February 28, 2022. The bond with a coupon of 3% p.a. has been issued by gategroup Finance (Luxembourg) S.A. and is guaranteed by its parent company gategroup Holding AG. gategroup will apply for the listing of the new bond on the SIX Swiss Exchange.
  • Ending "Endo"

    “Endo” is the twin brother of the drug monster that also needs to be slain, so says the Duterte administration.  “Endo” is layman’s term for end of employment contract.  It is the date indicated on the employment contracts and is dreaded by employees as it means the end of his or her employment.  Read more...
  • ANTITRUST LAWS: A GLANCE AT THE PHILIPPINE COMPETITION ACT

    Antitrust laws, also referred to as “competition laws”, are statutes developed to protect consumers from predatory business practices by ensuring that fair competition exists in an open-market economy. Competition laws regulate and prohibit several questionable business activities such as market allocation/ de facto monopoly whereby companies agree to steer clear of each other’s identified geographical market or territories; bid rigging whereby conspiring entities manipulate the market with a view of retaining current market share and price for each entity; and price fixing whereby two or three entities agree on the same selling price. Competition laws are designed to maximize consumer welfare by regulating or preventing business activities which stifle competition.  Read more...
  • THE ERA OF PLAIN PACKAGING IS COMING IN THAILAND

    The latest legislative developments in the tobacco sector in Thailand are worrying the tobacco industry but also the food and beverage sectors as similar regulations may follow.

Press Releases worldwide

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to