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Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or


Armenia intends to extend tax exemptions for IT industry

IT industry in Armenia has seen a dramatic growth for the last few years. The industry size in 2017 has reached 765,1 million USD versus 559,1 million USD in 2015 which represents around 37% growth like for like (National Statistical Service of Armenia 2015, 2016, 2017).

Mergers and Acquisitions: Exceptions of exercise of pre-emptive rights in Armenia

Mergers and acqusitions in the banking industry has been buoyant for the past couple of years in Armenia. This activity has been fuelled by the regulatory requirements for increase of the charter capital of the banks due to the desire of the regulator, the Central Bank of Armenia, to see larger and predictable players in the market easy to supervise. This has been coupled with the increasing interests of international players and investors towards the robust banking sector or Armenia which has offered stable exchange rates and much higher interest on debt and equity compared to that of developed markets such as Western Europe, North America and Middle East.

Some practical issues regarding the transaction of right to inviolability of personal life and perso

The right to inviolability of personal life is one of the most essential components in the system of values of modern society which is established in constitutions or laws of relevant connotation of various countries. Acknowledgement of the right to inviolability of personal life as a constitutional right is currently highly necessary and is possible within scopes of certain level of development of engineering and information technologies. A person’s personal life is directly related to his/her personal data, the inviolability and security of which is what creates actual conditions for making the inviolability of his/her personal life real.


This article provides general overview about transaction types and their approval procedure. As a result, the Company has to determine the transaction types and applicable statutory requirements in regard to its conclusion.

“Clean and tidy” lease clause requires tenant to remediate subsoil contamination

September 2015 - Corporate and commercial. Legal Developments by Bell Gully.

More articles by this firm.

“Clean and tidy” lease clause requires tenant to remediate subsoil contamination

Belinda Green, Senior Associate | Monday 31 August 2015

The Court of Appeal has overturned the decision in the High Court, and ordered Mobil to pay NZ$10 million in damages to its landlord, Auckland Waterfront Development Agency Limited, to remediate subsurface contamination in the Wynyard Quarter “tank farm” area1. As a result of this judgement, tenants may be liable to remediate contamination pursuant to repair covenants under their leases – even with wording as seemingly innocuous as an obligation to keep the land in “clean and tidy order”.

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