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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 – especially foreign – 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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Legal Developments worldwide
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GRP Rainer Rechtsanwälte – Experience drafting franchise agreements
A franchise agreement sets out the basic principles governing the relationship between franchisee and franchisor. For this reason, it is of great importance to both parties. -
GRP Rainer Rechtsanwälte – Liability of managing directors for delay in filing for insolvency
If a company is faced with imminent insolvency or over-indebtedness, the managing director must file for insolvency. Failure to do so in due time may result in him or her being held personally liable. -
GRP Rainer Rechtsanwälte – Assessment of removing a shareholder-managing director for good cause
It is possible to remove a shareholder-managing director from their post if there is good cause justifying this action, but good cause must be present at the time of the resolution’s adoption. -
GRP Rainer Rechtsanwälte – Liability of managing directors in the event of competition violations
A company’s legal infringements can also come back to haunt its managing director. That being said, the latter’s liability towards third parties is strictly limited. -
Our growth continues with an office move for the team in Leeds
July 24, 2018 -
Employment law updates; what’s new?
Several sectors within employment law have been affected by recent decisions in case law. Therefore, what exactly are the changes that have been made? -
What exactly is the EU Settlement Scheme?
The UK government recently published details outlining a ‘EU Settlement Scheme’, but how far will this scheme benefit EU Citizens and their family members, post-Brexit? -
Too old for a job? How employment law is ageing
It is not uncommon for over 50-year olds to continue to work past the state pension age – but how is this effecting the workforce overall? -
Wanting to apply for a UK Family Settlement Visa?
What is the process for joining a partner, child or family member who is already settled within the UK? -
How will Brexit impact U.S. expats in the U.K.?
Post-Brexit consequences have been heavily dominated by how E.U. citizens shall be impacted, but what about U.S. citizens within the U.K.?
Press Releases worldwide
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Azmi & Associates Welcomes A New Partner – Ms. Sharifah Sazita Syed Hamzah
Azmi & Associates is pleased to announce the appointment of Sharifah Sazita Syed Hamzah as its new partner of the Firm’s Infrastructure, PPP and Project Finance (IPPF) Practice Group, in line with the Firm’s growth strategy and continued expansion. -
Our Manchester family law office recruits new solicitor to support business growth
September 17, 2018 -
Stowe Family Law in Winchester expands its team with a fertility and surrogacy law expert
September 12, 2018 -
A new solicitor joins the Tunbridge Wells office
September 4, 2018 -
Two new appointments at the Stowe Family Law Manchester office
August 2, 2018 -
Stowe Family Law is shortlisted for three Yorkshire Legal Awards
August 1, 2018 -
Stowe Family Law makes new promotion to its London family law team
July 31, 2018 -
New solicitor brings a wealth of experience to the Stowe Family Law London Victoria office
July 27, 2018 -
Stowe Family Law speaks out on no-fault divorce
July 26, 2018 -
The St Albans Stowe Family Law team expands due to continued business growth
July 24, 2018