The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to
Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
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by Richard Catling - r.catling@tamimi.com
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by Nick O'Connell - n.oconnell@tamimi.com
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Shahram Safai, Arsalan Shaikh, Andrew Yule, Christopher Linwood and Omar Ayad
Afridi & Angell
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International businesses must devote ever increasing resources to
avoid involvement in anti-corruption offences. Of course, for decades the
strict provisions of the U.S. Foreign Corrupt Practices Act, or FCPA, have
applied to American corporations, defined broadly to include entities
whose securities are listed on American stock markets. These provisions
have led to many non-U.S. corporations being caught in FCPA violations.
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Haider K Afridi and Chatura Randeniya
Afridi & Angell
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Few things are as certain as disputes in construction projects. The Middle East has been, and will continue to be, a hub for construction activity.
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The Dubai Government recently issued Law No. 16 of 2011 on Amending Some Provisions of Law No. 12 of 2004 Concerning the Dubai International Financial Centre Courts (the “Law”). The effect of the Law is that it significantly expands the jurisdiction of the Dubai International Financial Centre (“DIFC”) courts. In addition to providing parties with no connection to the DIFC the option of resolving disputes through the DIFC courts, the Law also opens up the possibility of avoiding the UAE court system and allowing parties to opt for an English-based, common law court.
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I was recently asked, on two occasions within one week, to advise on online service providers’ (“OSP”) liability in connection with copyright infringing material.
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Gordon Blanke and Soraya Corm-Bakhos, Arbitration department, Habib Al Mulla & Company
It is commonplace in international arbitration theory that an arbitral award is not worth the paper it is written on unless it is easily enforceable. Unfortunately, enforceability is not always a given in international arbitration practice. Enforcement of foreign awards in the UAE may serve as an instructive example.
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The UAE Judiciary operates under a
civil law system which is largely influenced by Islamic and European civil law;
also, civil matters between Muslims are governed by Shariah law. In addition to
subject-specific legislation which covers a variety of matters, the UAE has
also adopted commercial and civil codes.
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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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.
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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.
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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.
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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.
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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.
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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.
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On 30 April 2012 representatives of GRATA Law Firm (Finance and Securities Department) took part in internal legal seminar held by JSC DB Sberbank.
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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.
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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.
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UNICREDIT TIRIAC BANK S.A. ON THE FINANCING OF A RENEWABLE ENERGY BIOMASS PLANT IN ROMANIA