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Ravaged by civil war for most of the year, it is unsurprising that transactional activity in Libya has been limited. Indeed, the majority of law firms were unable to carry out much serious work between February and October 2011.
Most of the key local legal practices resumed operations in late 2011, with many law firms expecting there to be an urgent need for legal services as soon as the security situation is under control. It is expected that Libya’s new government will honour energy contracts granted legally during Muammar Gaddafi’s rule.
International practices have frequently been involved in Libya-related deals. Local practice Tumi Law Firm enjoys an association with SNR Denton. Baker & McKenzie LLP, Herbert Smith LLP and Eversheds LLP have also acted on significant Libyan projects.
At Stephenson Harwood, group head Kamal Shah has been growing the firm’s practice in Africa, working across the banking, construction, energy, mineral, rail, shipping, and telecommunications sectors. Commercial litigation and arbitration partner Paul Phillips specialises in areas such as aviation and regularly works with entities in Libya.
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Legal Developments worldwide
Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
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Lump Sum taxation
The head of our tax practice group, partner Dominique Christin, summarises the legal requirements to obtain a lump sum taxation status in Switzerland and in the cantons of Geneva and Vaud. -
11KBW Strollers walked 10k for London Legal Walk raising £2,000 for London Legal Support Trust
The “11KBW strollers” were out in force to take part in the London Legal Walk raising around £2,000 for London Legal Support Trust, London Legal Support Trust, the Free Representation Unit and the Bar Pro Bono Unit.- 11KBW -
The patent owner prevailed in Norway’s first case on virus patent
The Supreme Court of Norway has recently turned down the appeal against the judgement of Borgarting Court of Appeal in the case Pharmaq AS v Intervet International BV et al. -
More judges in the Labour Court
Discrimination - Equal Treatment Act From 1 June 2012 the number of deputy judges in the Danish Labour Court will increase. Following its introduction in February, the Bill has now been adopted by the Danish Parliament. -
Image rights laws to be introduced in Guernsey
“Image is everything” - Andre Agassi once famously declared in an advert for camera brand, Canon. -
Private Equity
Richard is a Managing Director in Deloitte’s Middle East Transaction & Restructuring Services practice. Though based in Dubai since 2008 Richard has responsibility not only for UAE but also for all GCC and other Middle Eastern countries.- Hassans -
Gibraltar’s new fund regulations
Gibraltar introduced its new Experienced Investor Fund Regulations on the 12th April 2012 with the aim of continuing to develop the jurisdiction as an alternative EU Fund Domicile and further enhance the list of incentives which makes Gibraltar, in our view, the European domicile of choice for Alternative Investment Funds.- ISOLAS -
New Rules for Arrest of Sea-going Ships Effective in Ukraine
On 16 May 2012 the International Convention for the Unification of Certain Rules Relating to the Arrest of Sea-Going Ships (1952), known as Brussels Convention, and implementing amendments to the procedural legislation entered into force in Ukraine.- Asters -
Islamic finance and the use of Guernsey Special Purpose Vehicles
As a politically stable and fiscally advantageous financial centre, Guernsey is a prime jurisdiction in which to incorporate a special purpose vehicle (“SPV”) as the issuer of sukuk or as part of any other Islamic finance transaction. -
Israeli Law Update February 2012
Corporate and Securities Law
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
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WOLF THEISS ADVISES UNICREDIT S.P.A., CASSA DI RISPARMIO DEL FRIULI - VENEZIA GIULIA S.P.A. AND...
UNICREDIT TIRIAC BANK S.A. ON THE FINANCING OF A RENEWABLE ENERGY BIOMASS PLANT IN ROMANIA -
Thommessen ranked first in the "elite" category among Norwegian competition law practices in the GCR
The report notes the breadth of Thommessen's competition practice and compares it to the model of the large European firms in its focus. -
GSK advises Pembroke Real Estate in acquiring the Maximilianhöfe in Munich
With GSK Stockmann + Kollegen in an advisory capacity, Pembroke Real Estate has acquired the Maximilianhöfe in Munich’s Maximilianstraße. Avestus Capital Partners was the seller. -
Kinanis LLC Voluntary Blood Donation Event – Because blood is meant for circulation, donate blood!
The Law Firm Kinanis LLC organised a voluntary blood donation event which took place on the 17th May 2012 at the premises of Akamantis Conference and Exhibition Centre located at 10 Egypt Street, 1097, Nicosia, Cyprus between 2.30pm and 5.30pm. -
Who is Who Legal names Andrey Zelenin Best Lawyer in the sphere of Life Sciences in Russia
Partner and Head of Pharmaceutical Industry practice at Lidings Andrey Zelenin was named the best lawyer in the sphere of Life Sciences in Russia by the leading international legal directory Who is Who Legal. -
Presentation on Cyprus International Trusts
Partners Andreas Neocleous, Elias Neocleous and Maria Kyriacou presented a seminar for the leadership team and principal private clients of Eurobank EFG group on the recent reform of the Cyprus International Trusts Law at the bank's headquarters in Athens. -
Prof. Isabelle Romy to become a partner at Froriep Renggli
Zurich, 21 May 2012, business law firm Froriep Renggli welcomes Prof. Isabelle Romy as a new partner. She will join the firm on 1 June 2012. Isabelle Romy specializes in international litigation, arbitration and international private law. -
Managing Partner meeting with Senator
Our Managing Partner met with Senator George Mitchel of DLA PIPER in New York on Monday 7th. They discussed possibilities of further cooperation between Cyprus and the US and the enhancement of the cooperation between Pamboridis LLC and the DLA Piper Group. -
YAROSLAV ABRAMOV TOOK PART IN UKRAINIAN M&A CONGRESS: “ATTRACTING INVESTMENTS AND BUSINESS FOR SAL
22 May 2012. Senior Associate of International law firm Integrites in his speech at Ukrainian M&A Congress touched upon the current situation and prospects of Ukrainian market of mergers and acquisitions, particularly M&A deals in Ukraine in a comparative perspective and the most common deal breakers. -
Olivier Gaston-Braud will be leaving MOLITOR to pursue other opportunities
MOLITOR, Avocats à la Cour, one of Luxembourg’s leading Busi-ness law firms announces that Olivier Gaston-Braud will leave the firm in July of this year.