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The global and domestic financial crisis has resulted in a decreased workload for firms across the board in Pakistan. The Pakistan government has also come under significant scrutiny in relation to the transparency, structure and financing of national assets, including nationalised companies. As a result, privatisation transactions have been either frozen by government action or seen as too risky by investors. Although this may be a temporary state of affairs, the privatisation section of this chapter has been excluded from this year’s edition.
Lawyers and firms continue to practice across a range of disciplines and therefore appear in more than one practice area. In the current climate, this has allowed major players such as Haidermota & Co, Mandviwalla & Zafar, Orr, Dignam & Co, and Rizvi, Isa, Afridi & Angell to successfully weather the storm through their broad-based approach and workload.
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Press releases
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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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Latest developments in planning and zoning
In Le Temps, the daily newspaper of reference of Western Switzerland, Yves de Coulon analyses the latest developments in the field of planning and zoning: Weber Initiative, Landscape Initiative, recent modifications of the Federal Law on planning and zoning, what consequences on the cantons' autonomy in the area of planning and zoning? -
Revocation and Replacement of Minister of Trade Regulation on Import of Finished Goods and the...
Issuance of Licensed Importer Numbers -
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. -
COUNCIL TAX
In Harrow LBC v Ayiku [2012] EWHC 1200 (Admin) Sales J held that the word “or” in the Council Tax (Exempt Dwellings) Order 1992, art 3 Class N, had a disjunctive meaning, therefore it was sufficient for the non-British spouse of a foreign student to satisfy one or other of the two conditions, namely being prevented from taking paid employment or being prevented from claiming benefits, in order to qualify as a “relevant person” who was exempted from liability to pay council tax.- 11KBW -
Banking Regulation 2012
The banking sector is regulated by the Ministry of Finance and the Norwegian Financial Supervisory Authority (the FSA). The FSA is responsible for the supervision of banks. -
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. -
Structured finance and securitisation transactions with a Guernsey element
Basics of a Guernsey company -
Guernsey cash box structures
Following a period of turmoil in the financial markets, issuers have been viewing cash box structures as an attractive financing tool to facilitate share and convertible bond issues and to allow access to alternative sources of funding.
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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Yuliya Chernykh spoke at the international conference organized by the ICAC at the UCCI
International conference entitled «International Commercial Arbitration in Ukraine and the World: yesterday, today, tomorrow», dedicated to the 20th anniversary of the ICAC at the UCCI. -
The Qatar Law Forum – bringing together global leaders in law
The Qatar Law Forum is a three-day gathering in Doha of invited leaders in law from around the world, held under the patronage of His Highness the Emir of the State of Qatar. -
The Olympic Experience
Olympic medallists Roger Black, MBE and Steve Backley, OBE will be the VIP speakers at an Olympic-themed event hosted by International Law Firm, Hassans. The event will take place in the run up to the London Olympics, on the 12th July, at the Khaima at the Rock Hotel.- Hassans -
Sayenko Kharenko advised on debt restructuring of “Potok8” (former Mirax Group)
Sayenko Kharenko acted as legal counsel to the lenders in the course of restructuring of financial obligations of “Potok8” (former Mirax Group), one of the leading Russian construction and development companies, under the outstanding USD 180 million credit linked notes. -
Stamford Law advises Theta Capital Pte Ltd, a unit of PT Lippo Karawaci Tbk on the issue of US$150 m
Theta Capital Pte. Ltd., a unit of property developer PT Lippo Karawaci Tbk (LPKR) has on 9 May 2012 launched the issue of US$150 million senior notes, to be used for (a) the development of new retail malls, hospitals and large scale integrated development and (b) working capital requirements and general corporate purpose . The notes will be guaranteed by LPKR and its subsidiaries. Citigroup and Deutsche Bank were joint global coordinators and lead managers in the issuance. -
11KBW Wales Local Authority Conference 2012
Public and Employment Law barristers from 11KBW will tackle the big questions in local authority law for Wales. They will look at what’s happening in legislation and case law across a number of key areas, and what it means for authorities, their in-house legal teams and advisers.- 11KBW -
Internal legal seminar for JSC SB Sberbank, 30 April 2012
On 30 April 2012 representatives of GRATA Law Firm (Finance and Securities Department) took part in internal legal seminar held by JSC DB Sberbank. -
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. -
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 -
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