- Latin America
- United Kingdom - Solicitors
- United Kingdom - The Bar
- United States
- What is the GC Powerlist?
- How to nominate in-house counsel
- Africa Teams
- Australia/New Zealand
- Asia Pacific
- Central America
- Ireland Teams
- Latin America
- Middle East
- Middle East Teams
- Nordics Teams
- Russia Teams
- Switzerland Teams
- Client Intelligence Report
- Leadership insight
- Human rights insight
- MINT: the legal challenges of working and investing in emerging economies
- Response to Brexit
- An investigation of the GCC and Middle East legal market
- Litigation and regulatory challenges in financial services
- AI and the law tools of tomorrow:
A special report
- Scottish GCs
- North West clients
- Arbitration backing Africa's investment boom
- Baker McKenzie
- Paul Hastings
- Carlyle Kingswood Global
- GC DIVERSITY AND INCLUSION REPORTS
- Shaping diversity
- By the numbers: Diversity in the US
- How Genius is aiming to overcome the stereotype of male geekiness in technology startups
- Tony West is using his experience to improve diversity and inclusion within PepsiCo
- Prash Naik (Channel 4) talks about the 360° Diversity Charter
- Patrick Rowe describes Accenture's support of diversity
- Shaping the future of the Bar Roundtable
- Chief Marketing Officer Roundtable
- Dispute resolution in Africa roundtable
- GC Diversity and Inclusion Report
- Investing in Indonesia: the role of the in-house lawyer in growing markets
- The Legal Business 100 Debate
- GC Powerlist UK summer reception
- The Brexit debate
- AI and the law
- GC Powerlist: Middle East roundtable
- Alternative disputes: the role of arbitration in Turkey
- The risk debate
- Two visions of nearshoring
- Dissenting perspectives
- Developments in Panama
- The international arbitration summit
- The Global 100 debate - Chasing Alpha
- Legal market overview
- Banking and finance
- Capital markets
- Corporate and M&A
- Dispute resolution
- Projects and energy
- Real estate and construction
- Bosnia and Herzegovina
- British Virgin Islands
- Burkina Faso
- Cape Verde
- Cayman Islands
- Costa Rica
- Czech Republic
- Dominican Republic
- El Salvador
- Equatorial Guinea
- Hong Kong
- Isle of Man
- Ivory Coast
- Latin America: International firms
- New Zealand
- Puerto Rico
- Saudi Arabia
- South Africa
- South Korea
- Sri Lanka
- St Barts
- St Vincent
- United Kingdom
- United Arab Emirates
- United States
Legal 500 Doing Business in Pakistan
Contributed by MR LEGAL INN
Pakistan is a growth-focused market with high potential for economic progress. Until today, Pakistan maintains a geostrategic position on the world map with a rich trajectory of natural resources backed up by talented human capital of over 190 million people. Pakistan continues to drive attention of many foreign investors to reap from its potential.
The present regime has witnessed some terrific indicators of growth including the recent highlights of China Pakistan Economic Corridor (CPEC) with $46bn investments laying emphasis on energy, transport and infrastructure projects. This has overwhelmingly helped shaping the course for a rapid progress in all sectors of its economy.
Pakistan continued to benefit from strengthened economic ties to China in 2016. The China-Pakistan Economic Corridor, which has gained considerable traction as the planned energy and infrastructure projects have matured, is being viewed as a springboard for further investment from US and European countries looking to establish companies in Pakistan, while it is hoped that the power projects will assist in reducing the country’s energy deficit.
The controversial 2015 Prevention of Electronic Crimes Act bill, which was passed by Pakistan’s National Assembly in April 2016 and is due to be approved by the senate, has been widely criticised for its draconian stance on human rights and free speech. A landmark bill on women’s rights is also set to be passed in the next year.
HaidermotaBNR, Mohsin Tayebaly & Co, Orr, Dignam & Co. and RIAA Barker Gillette are among Pakistan’s most established law firms. In 2015, Liaquat Merchant and Ebrahim Hosain merged to form LMA|Ebrahim Hosain. Karachi and Lahore are the main hubs for law firms, while a number also field offices in Islamabad and Peshawar.
Firms in the spotlight
Khan & Associates
Khan & Associates is a full service law firm which specialises in advising international businesses on virtually all aspects of doing business in Pakistan. The firm is intimately familiar with the particular legal needs of multinationals with interests in Pakistan, from banking and property rights to dispute resolution and employment law...
GC Powerlist -
Australia and New Zealand
Recognising in-house innovation, quality and excellence, the GC Powerlist: Australia and New Zealand identifies an array of the most influential and innovative in-house counsel working in these two jurisdictions.
MoreGC Powerlist - Asia Pacific
The Legal 500 Asia Pacific - Insight reports
Search News and Articles
Germany considers that the re-drafting and re-negotiation of EU trade deals between the EU and the UAs reported by German officials, a trade deal between the European Union and the United Kingdom may require more than two years to be negotiated. A cautious optimism can however be perceived in regards to the issue of citizens’ rights.
One of the biggest and most popular Internet companies, LinkedIn, has become the first target of the recent Russian data localization law. The legislation requires businesses operating online to keep Russian Internet users’ data on servers located within Russia.
Overall, this was a more active year for FCPA enforcement actions when compared to 2015. This year, Department of Justice ("DOJ") took a total of 10 enforcement actions and Securities and Exchange Commission ("SEC") took a total of 25 enforcement actions. Like last year, SEC is more active than DOJ, in terms of numbers of the enforcement actions. Of the 10 enforcement actions taken by DOJ, only 1 of them was related to a real person. Of the 25 SEC enforcement actions 4 of them were related real persons.
The amount of the benefit in kind on the private use of a company car can be calculated applying a CO 2 percentage to 6/7 of the catalogue value of the car. The CO 2 emission benchmarks vary each year. The Royal Decree of 24 November 2016 indicates the CO 2 emissions benchmark applicable for 2017.
Following the introduction of the General Data Protection Regulation, the European Commission has been working on reforming the E-Privacy Directive. The draft law was leaked on the 13th of December 2016. Although this is not the final version, we now have a clearer idea of what to expect in the coming months. The Privacy and Electronic Communications Regulation is expected to be finalized by January 2017. Since this is no longer a directive but is now a regulation, there is no need for it to be transposed. It will become effective within 6 months as opposed to the normal 2 year period, which means that companies will have a much shorter time period within which to bring themselves in line with the Regulation.
Turkey adopted a new regulation for personal and private data protection.
The July 2016 issue of the Asian Legal Business (ALB) Asia Edition included a regional update article entitled “Single Entry Approach: Mandatory Conciliation and Mediation of Labor Disputes”, contributed by SyCipLaw partner Marianne M. Miguel and SyCipLaw Associate Mary Grace L. Javier .
The Fall 2015 issue of the American Bar Association (ABA) included an International Law News article entitled “Justice Antonio T. Carpio, Supreme Court of the Philippines, on the South China Sea Dispute” contributed by SyCip Salazar Hernandez & Gatmaitan (SyCipLaw) Special Counsel Albert Vincent Y. Yu Chang .
The July/August issue of the International Financial Law Review (IFLR) included an international briefing article entitled “Renewable energy projects”. The article was contributed by SyCipLaw partner Rafael L. Encarnacion .
The Philippine section of Getting the Deal Through: Aviation Finance & Leasing 2015 was contributed by SyCipLaw senior associate Bhong Paulo A. Macasaet with associates Aldous Benjamin C. Camiso , Diana S. Gervacio , and Maricar G. Ramos . The section talks about the laws and regulation of Aviation Finance and Leasing in the Philippines, Title Transfer, Registration of Aircraft Ownership and Lease Interests, Security, Enforcement Measures, Taxes and Payment Restrictions, Insurance and Reinsurance, and Update and Trends.
used mileage points interpreted as sales allowance deductible from tax base- Lee & Ko
Head of VEGAS LEX PPP and Infrastructure practice Denis Shtirbu moderated the session on transport cooperation and logistics at The Moscow Times conference, Doing Business with China. New Horizons for Business Cooperation: Russia – China .
GRP Rainer Rechtsanwälte has once again received awards, this time for the year 2017, from Corporate INTL for best law firm in the fields of commercial law and tax law in Germany.
The members of a sisterhood may also fall within the ambit of the regulations pertaining to what is termed labour leasing or temporary employment. That was the verdict of the Court of Justice of the European Union (CJEU) in its ruling of November 17, 2016 (Az.: C-216/15).
Barcelona – Gonzalo Butori and Graziano Cecchetti, Partners at the newly opened Giambrone Barcelona office, attended the 4 th edition of the International Trade Fair of the Legal Profession held by the Barcelona Bar Association (ICAB) on February 16 th and 17 th .
America’s Federal Bureau of Investigation (FBI) announced its intention of pursuing organisations involved in binary options fraud across the globe. The FBI’s Complex Financial Crimes Unit will seek to draw on the relationships that it has forged with law enforcement agencies worldwide to pursue and bring down the fraudulent organisations that prey on innocent victims and leave a trail of destruction in their wake.
VEGAS LEX experts have discussed procedural specifics of supporting cartel damage disputes at a Pravo.ru conference on judicial practice in 2016 and important 2017 trends.
NautaDutilh assisted Raizen Fuels Finance S.A., as issuer on its USD 500 million 5.3% senior notes offering which successfully closed on 20th January. The issuer is part of the Brazilian Raizen group, the world largest individual producer of sugar cane. The Raizen group also operates a network of more than 5,800 Shell-branded stations in Brazil.
Goltsblat BLP , the Russian practice of international law firm Berwin Leighton Paisner (BLP), has advised ICBC International Leasing , the leasing subsidiary of the world’s biggest financial group, on delivery of six Airbus A321-211 aircraft to Aeroflot.
Seriously offending one’s work colleagues constitutes good cause justifying exceptional notice of dismissal with immediate effect. That was the verdict of the Landesarbeitsgericht (LAG) Rheinland-Pfalz [Regional Labour Court of Rhineland-Palatinate] (Az.: 4 Sa 350/15).