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Legal market overview
An air of optimism is perceptible as firms note that the lull in transactional activity which followed Sheikh Hamad bin Khalifa Al Thani’s decision to hand over power in June 2013 has eased. Initiatives such as Qatar National Vision 2030 and the FIFA 2022 World Cup are perceived to be likely drivers of future activity.
Transactional and contentious construction work remains a key focus area for law firms, while state-owned energy companies and investment firms also supply a steady flow of instructions throughout the market.
Numerous international law firms compete alongside local competitors. Notably, Simmons & Simmons Middle East LLP and Squire Patton Boggs are licensed to practise Qatari law. Regional powerhouse Al Tamimi & Company in association with Al Marri has continued to expand its comprehensive Qatar offering.
Firms in the spotlight
Sharq Law Firm
Sharq Law Firm was established in December 2014 by Rashid Al Saad Al Kuwari, the senior partner. Sharq Law Firm is committed to driving innovation and delivering value to its clients. It fosters a firm-wide culture of focus on clients’ needs, responding to their concerns and finding specific actionable solutions to their business challenges.
Legal Business: country analysis
Behind the veil – Can Islamic finance live up to the sales pitch?
Islamic finance flourished during the downturn and has
emerged as a significant practice for both Middle East and international firms. How sustainable is the workflow and what lies ahead for the key players?
Click here to read the feature.
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by Mohamed Khodeir - firstname.lastname@example.org And Kamal Hafez - email@example.com
VEGAS LEX is expanding cooperation with Russian book-publishing businesses. Its new client is a major and greatly respected publisher of educational material, Prosveshcheniye.
On April 27, 2015, VEGAS LEX was recognized in two new categories of Chambers Europe 2015, and a number of VL professionals were recognized on the world level.
On May 12-15, 2015, the Public-Private Partnership Development Institute organized a professional development program for Rostelecom staff on PPP projects. VEGAS LEX experts were invited to speak at training sessions.
Andreas Neocleous & Co LLC advised and assisted KKCG Group with its recent acquisition of an additioAndreas Neocleous & Co LLC advised and assisted KKCG Group with its recent acquisition of an additional 22.35% stake in the investment fund Emma Delta, which owns a 33% interest in the Greek lottery group OPAP. Following the completion of this transaction, KKCG will be the largest investor in Emma Delta, and will hold an effective stake of almost 14.8% in OPAP.
On Thursday, 26 March 2015, the French Competition Authority made a ruling (15-D-04) in a case involving an agreement between millers on a double concerted increase in the price of flour sold in bakeries in 2007. Of the twenty companies implicated at the end of the investigation, only three were ultimately penalised. CMS Bureau Francis Lefebvre represented the interests of Moulin de Sauret.- CMS
Igor Chumachenko,VEGAS LEX Partner and Head of the Real Estate, Land & Construction Practice, has spoken at a conference during the REX forum that focused on the legal and economic risks for developers.
Zavadetskyi Advocates represented the Ukrainian subsidiary of AXA Insurance in criminal investigations of USD 9 million and USD 1.2 million damage events with the insured assets in the war zone in Eastern Ukraine. Within the investigation procedures advocates of the bureau proved that the events are to be qualified as excluded from the insurance coverage. Following the investigations Zavadetskyi Advocates proceeded with representing the client in the ensuing commercial litigation.
The participants of the Korporativny Yurist magazine’s webinar discussed the structure of contractual relationships and dispute resolution practices in construction with VEGAS LEX expert Nikolay Andrianov.
SK Capital Partners, a US-based private investment firm with focus on the specialty materials, chemicals and healthcare sectors, has acquired a controlling interest in AEB Group, a global leader in wine ingredients with growing positions in beer ingredients and food detergents. Headquartered in Brescia, Italy, AEB Group operates a network of production facilities and laboratories throughout Europe and the Americas.
Valora has signed an agreement to sell Valora Warenlogistik AG to 7Days Media Services GmbH. Valora Warenlogistik includes Valora's activities in the warehouse and transport logistics sector in the German and Italian speaking part of Switzerland. The transaction is subject to approval by the competent merger control authorities.