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Sri Lanka > Law firm and leading lawyer rankings
Overview
Following elections in 2015, the government has focused on stabilising the economy. A progressive relaxation of tough restrictions on β especially foreign β investments has been implemented, most notably with the enactment of the Foreign Exchange Act in July 2017. This replaces the Exchange Control Act and liberalises restrictions applying to funds from outside the country, giving locals greater chances of conducting business abroad while at the same time encouraging foreign companies to bring their operations to Sri Lanka. There has been significant investment in the infrastructure sector based on high-level commercial borrowing, especially foreign currency. In this regard, China and India have shown considerable interest in the country. Ongoing liberalisation of foreign investment restrictions may be extended to various sectors, particularly shipping.
Despite the opening up of some industries in the Sri Lankan market, the legal market remains closed to international law firms, which are prohibited from operating in the country, and consists entirely of Sri Lankan law firms. Julius & Creasy and Nithya Partners lead across a wide range of practice areas. D. L. & F. De Saram and F. J. & G. De Saram are also major names to note.
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Press releases
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Legal Developments worldwide
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Brief Outline on Cyprus Taxation on Interest Dividends and Profits from the Sale of Titles
A. General -
MALTA - ICOs AND DIGITAL INNOVATION TECHNOLOGY - THE IMMINENT REGULATED ENVIRONMENT
While jurisdictions and legal systems around the world are expressing concern about cryptocurrencies, Malta is promulgating legislation that should give exchange owners and users certainty about the future. The rules are considered to be a one-stop-shop package that will deal with the establishment of a new authority, regulated exchanges and licenseΒ Initial Coin OfferingΒ (ICO) companies and related business. The main aim is to offer legal certainty to the industry. -
Examination of Non-Compete Obligations in the Articles of Association of a Joint Venture
Examination of Non-Compete Obligations in the Articles of Association of a Joint Venture under Competition Law and Commercial Law - An Overview in Light of the Turkish Competition Board's WKS Istanbul Decision of 8 February 2018 -
Advocates Eli Greenbaum and Ezra Gross of Yigal Arnon & Co. in The Lawyer Special Report editorial
An interview-style piece in The Lawyer, Law in Israel: moving beyond tech, quoting Eli Greenbaum and Ezra Gross: -
Publication of Adv. Adrian Daniel's Commentary in Private Banker International on GDPR & Blockchain
Publication of Adv. Adrian Daniel's Commentary in Private Banker International on GDPR & Blockchain. -
Article in MEA Markets on GDPR & Israeli Law
GDPR & ISRAELI PRIVACY LAW - KEY DIFFERENCES Yoheved Novogroder-Shoshan & Miriam Friedmann of Yigal Arnon & Co. outline the key differences between GDPR & Israeli Privacy Law. Β mea_markets_-_gdpr__israeli_law_-_key_differences_14.05.2018 -
Clarifications regarding Supervision of Financial Services Law (Regulated Financial Services)
Authored by Adv. Simon Weintraub, Adv. Shiri Shaham, Adv. Yuval Shalheveth of Israeli law firm, Yigal Arnon & Co.: -
HOW ISRAELI REGULATORS ARE MEETING ICO CHALLENGES
HOW ISRAELI REGULATORS AREΒ MEETING ICO CHALLENGES -
TECHNOLOGICAL INNOVATION IN ISRAEL
Β mea_markets_-_technological_innovation_in_israel Key trends and developments driving an increasing number of foreign businesses and investors into the region. Authored by David Osborne and Barak S. Platt of Yigal Arnon & Co.: -
The steady evolution of class action suits in Israel
The steady evolution of class action suits in Israel, by Adv. Ruth Loven. Published in FTSE magazine.
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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Highlights: ELA Asia Pacific Client Conference
SyCip Salazar Hernandez & Gatmaitan hosted theΒ Employment Law Alliance (ELA) Asia Pacific Client Conference Β last March 13, 2018. The meeting was attended by 57 representatives from 26 Philippine companies, and by 27 representatives from ELA member firms in China, Guam, Hong Kong, India, Indonesia, Japan, Laos, Malaysia, Myanmar, Philippines, Singapore, Sri Lanka, Taiwan, Thailand, and Vietnam. -
Highlights: Multilaw Asia-Pacific Regional Meeting 2018
SyCip Salazar Hernandez & Gatmaitan hosted theΒ Multilaw Asia-Pacific Regional Meeting Β last March 12-13, 2018. The meeting was attended by 31 representatives from Multilaw member firms in Australia, China, France, Germany, Indonesia, Japan, Malaysia, Philippines, Singapore, Sri Lanka, Taiwan, Thailand, UK, and Vietnam. -
BΓ€r & Karrer Advised Swiss Re in the Offering of USD 500 Million Senior Exchangeable Notes with Iss
Swiss Re Ltd (Swiss Re) has completed an offering of USD 500 million, 6-year senior exchangeable notes, which may be stock settled at the option of Swiss Re or may be exchanged at the option of noteholders for registered shares of Swiss Re, unless Swiss Re elects to settle the exchange of notes in cash. Swiss Re has purchased call options on its own shares, which allow it to settle an exchange by noteholders without issuing new shares. -
BΓ€r & Karrer Advises Credit Suisse and Bank Berenberg in the IPO of Klingelnberg
Klingelnberg Ltd, a global leader in developing and manufacturing premium machine tools for bevel gear and cylindrical gear machining and precision measuring centers for gears, successfully priced its IPO and listed its shares on the SIX Swiss Exchange. Trading in the shares started on 20 June 2018. The shares of Klingelnberg were priced at CHF 53 per share, near the upper end of the price range, corresponding to a base offer of CHF 241 million. The offer price implies a market capitalization of approx. CHF 470 million leading to a free float of 56.6% (assuming full exercise of the over-allotment option), whereas the remaining 43.4% remain with the Klingelnberg family as anchor shareholder. -
Cederquist Advices on the Acquisition of Veterinary Care Provider AniCura
Cederquist has represented Mars, Incorporated, in its acquisition of the AniCura group from Nordic Capital Fund VIII and other sellers. -
GOLAW lawyers have been highly recognised by the international peer-review survey Best Lawyers
GOLAW lawyers have been recognised as the leading professionals in several practices and included in the Ninth Edition of The Best Lawyers in Ukraine 2019.Β -
BΓ€r & Karrer Advises Summer Capital on the Acquisition of Swiss Education Group
Summer Capital, an Asia based investment management company, has acquired, by means of an affiliate, all shares of Swiss Education Group Holding AG, the holding company of the SEG group, a leading hospitality management education group that operates several schools in Switzerland. -
Prohibited advertising for homeopathic medicinal products featuring promise of success
The Oberlandesgericht (OLG) MΓΌnchen [Higher Regional Court of Munich] has ruled that promoting a homeopathic medicinal product with a promise of success is prohibited and a violation of competition law. -
VEGAS LEX law firm is sponsor of seminar-conference on matters of regulation of procurement activiti
8 ΠΈΡΠ½Ρ 2018 Π³ΠΎΠ΄Π° ΡΡΠΈΠ΄ΠΈΡΠ΅ΡΠΊΠ°Ρ ΡΠΈΡΠΌΠ° VEGAS LEX ΡΠΎΠ²ΠΌΠ΅ΡΡΠ½ΠΎ Ρ ΠΠ°ΡΠΈΠΎΠ½Π°Π»ΡΠ½ΡΠΌ Π½Π΅ΡΡΠ΅Π³Π°Π·ΠΎΠ²ΡΠΌ ΡΠΎΡΡΠΌΠΎΠΌ ΠΈ ΡΡΠ°ΡΡΠΈΠ΅ΠΌ Π€ΠΠ‘ Π ΠΎΡΡΠΈΠΈ ΠΏΡΠΎΠ²Π΅Π»Π° ΡΡΠΈΠ΄ΠΈΡΠ΅ΡΠΊΠΈΠΉ ΠΏΡΠ°ΠΊΡΠΈΡΠ΅ΡΠΊΠΈΠΉ ΡΠ΅ΠΌΠΈΠ½Π°Ρ Π½Π° ΡΠ΅ΠΌΡ Β«ΠΠΎΠ²ΡΠ΅ Π·Π°ΠΊΠΎΠ½ΠΎΠ΄Π°ΡΠ΅Π»ΡΠ½ΡΠ΅ ΠΈΠ½ΠΈΡΠΈΠ°ΡΠΈΠ²Ρ ΠΈ Π°ΡΠ±ΠΈΡΡΠ°ΠΆΠ½Π°Ρ ΠΏΡΠ°ΠΊΡΠΈΠΊΠ° Π² ΡΠ΅Π³ΡΠ»ΠΈΡΠΎΠ²Π°Π½ΠΈΠΈ Π·Π°ΠΊΡΠΏΠΎΡΠ½ΠΎΠΉ Π΄Π΅ΡΡΠ΅Π»ΡΠ½ΠΎΡΡΠΈΒ». -
Prohibited advertising β No bread roll vouchers at pharmacy
Pharmacies are bound by a uniform sales price for prescription medications. Even small additions to the price of medicinal products can constitute a violation of competition law.