Travelex was acquired in January 2015 by a consortium of shareholders with the majority stake held by Centurion Investments, a leading UAE investment firm and Dr. B. R. Shetty, a well-known entrepreneur and philanthropist .

In a judgment dated 30 March 2016 in the case of Fluor v Petrixo Oil & Gas, the Dubai Court of Appeal refused to enforce a foreign award that was issued in an ICC arbitration with a London seat.

Under U.S. law generally, questions of law are reviewed anew (de novo, or without deference to the trial court) by an appellate court.

In an outcome that has surprised many, Britain has voted to leave the EU. This will lead to a two-year period of negotiating the terms of exit with the EU and its member states.

On 6 October 2015, the CJEU (case no. C-362/14) has declared the Commission's 2000 decision on Safe Harbor concerning the transfer of personal data from the EU to the USA to be invalid, with immediate effect.

As the curtain closes on the Brussels summit it is time to reflect on the implications of the removal of the reference to "free and undistorted" competition from the Union’s objectives. Commissioner Kroes is of course saying today that it is business as usual but it is hard to ignore the statements attributed to the instigator of this change.

On October 23, 2014, in Motorola Credit Corp. v. Standard Chartered Bank. No. 162, the New York Court of Appeals reaffirmed the continued vitality of New York's "separate entity rule."

Dubai has joined the growing list of governments with a Public Private Partnership (PPP) specific law. The new law is more significant as a welcome sign of intent rather than anything game-changing at this stage.

The jurisdictional and final rulings in the case of Hesham al-Warraq v Indonesia under the Organisation of Islamic Cooperation's investment agreement has highlighted the relatively untapped investor protection potential provided by ...

CFTC Chair J. Christopher Giancarlo named Matthew A. Daigler as Senior Counsel. In his new role, Mr. Daigler's responsibilities will include advising the Chair on the CFTC's agenda for swaps regulation reform.

On Wednesday, April 7, 2010, the U.S. Securities and Exchange Commission (SEC) announced proposed revisions to Regulation AB and other rules, including Rule 144A and Regulation D, regarding the offering process, disclosure and reporting requirements for asset-backed securities (the Proposed Rule).

Carey has helped German shipping company Hapag-Lloyd obtain US$57 million to buy two vessels.

The London, Madrid, Stockholm and Luxembourg offices of Ashurst LLP and Chile's Claro & Cía have helped Spain's Abertis Infraestructuras take full control of a concession to run Chile's busiest toll road.

Ever since the financial crisis of 2008/2009, lending activities of non-banks – including investment funds – have become more important.

In our eBulletin of March 17, 2010, Lehman Brothers Holdings Inc. and its affiliated debtors file initial joint chapter 11 plan, which can be viewed by clicking here, we discussed a recent motion filed in the chapter 11 cases of Lehman Brothers Holdings Inc. (LBHI) and its affiliated chapter 11 debtors (with LBHI, the Debtors) seeking to establish procedures for the hearing and resolution of objections to claims filed against the Debtors' estates (the Motion).

The U.S. Senate confirmed Heath P. Tarbert to succeed J. Christopher Giancarlo as CFTC Chair.

The story behind the BT Pension Scheme's record breaking longevity risk transfer with the Prudential Insurance Company of America will be told at an insurance masterclass in London next month.

In 2019, global M&A activity switched down a gear although it was still the third-strongest year in a decade in terms of value and transaction volume.

This note is based on the Arabic version of the New CCL, as published in the March 2015 edition of the Official Gazette.

Inclusion of an OFR in the annual report is mandatory for all GB quoted companies for periods beginning on or after 1 April 2005. Companies should benefit from a year in which they may produce an OFR without submitting themselves and their boards to official scrutiny by the Financial Reporting Review Panel (FRRP). However for periods commencing on or after 1 April 2006, the Panel will have the authority to hold companies to account if they fail to comply with the legal requirements relati