Thailand Trademark Reform: The Key Points You Need To Know
The revised Thai Trademark Act is in force since 28 July 2016. We have listed below the key changes legal practitioners and brand owners alike need to know about…
Another Shockwave for Real Property
1 Nov 2016 at 04:00 / NEWSPAPER SECTION: BUSINESS Another Shockwave for Real Property It is undeniable that real property has taken the biggest hit from the tax policies of the current military government. The new gift and inheritance taxes focus on real property, while the new property tax is designed to correct the flaws of …
Luxembourg regulator updates rules for UCITS depositaries
Luxembourg’s Financial Sector Supervisory Authority (CSSF) has issued on October 11, 2016 Circular 16/644, which sets out revised rules applicable to all Luxembourg credit institutions acting as depositary banks for UCITS funds as well as to all Luxembourg UCITS, including self-managed funds, and/or their management companies. The circular sets out regulatory requirements clarifying rules under …
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Bangladesh-The New Business Hub of Asia!
Ferdausur Rahman, Barrister (Lincoln's Inn) and Partner, A.S & Associates highlights the business opportunities in thefast growing economy of Bangladesh.Bangladesh is a booming economy, recently making the list of low-middle income countries as per the World Bank.According to the IMF, the Bangladeshi economy is projected to grow from $180 billion to $322 billion by 2021. …
Non-Performing Loan Recovery
Legal Challenges: In Bangladesh, the foremost challenge for the financial institutes is Non-Performing Loan (NPL) recovery. Recently the Ministry of Finance of the Government of the People's Republic of Bangladesh informed the national Parliament that the total amount of non-performing loan is BDT 560 Billion. According to Bangladesh Bank, the Central Bank of Bangladesh, NPL …
Cyprus : Warrant Of Search Issued Against A Lawyer Cancelled Due To Violation Of Legal Professional
In the recent case RE: ANTONAKIS ANDREOU & CO LLC, a Supreme Court Judge, in Certiorari proceedings, cancelled a warrant issued against a lawyer and his law firm, for the search of the lawyer’s premises, on the ground that the law firm withheld certain important documents, relating to the alleged commission of serious crimes, by …
CYPRUS: English Court Guidance on Anti-suit Injunctions
In a recent decision of the English Commercial Court in ESSAR SHIPPING LTD –v- BANK OF CHINA LTD (2015) it has been held that an applicant to an anti-suit injunction shall act promptly and not sleep on his rights.
Cyprus: jurisdiction of Cyprus courts to recognise and enforce foreign judgments and foreign arbitra
In a recent decision of the District Court of Nicosia, it has been held that Cyprus Courts have jurisdiction to adjudicate on applications for enforcement of foreign judgments and foreign arbitral Awards, even if both the judgment creditor and judgment debtor reside outside Cyprus.
Ministers block Lochinver Station purchase – what it means for overseas investors
Ministers block Lochinver Station purchase – what it means for overseas investors Glenn Shewan, Senior Associate | Friday 18 September 2015 The decision by Government Ministers Paula Bennett and Louise Upston to decline consent to the NZ$88 million bid by Chinese-owned Pure 100 Farm Ltd (Pure) to buy the Lochinver Station made national headlines yesterday.