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  • Article

    Employing Senior Management - The Case Of Deacons v White & Case & Others

    Once again, the movement of a team of senior lawyers from one prestigious law firm to another in Hong Kong has hit the headlines as well as adding to the substantial body of decided cases on employment law.
    Hong KongCorporate/Commercial Law
    Angela Wang & Co.,
    Angela Wang & Co.,
  • Article

    Asset-Backed Sukuk: Is The Time Right For True Securitisation?

    In the 'conventional' finance space, asset-backed financings have proved a successful method of funding social and civil infrastructure.
    United Arab EmiratesFinance and Banking
    White & Case
    White & Case
  • Article

    PTO Attorneys' Fees Are Fixed Costs And Thus Recoverable Expenses

    The district court concluded that § 145's "all expenses" provision was neither specific nor explicit enough to authorize recovery of attorneys' fees. The PTO appealed.
    United StatesIntellectual Property
    McDermott Will & Emery
    McDermott Will & Emery
  • Article

    Mexico 2017 Repatriation Tax Amnesty

    A new amnesty program to incentivize the repatriation of funds kept abroad by Mexican taxpayers was launched.
    MexicoTax
    White & Case LLP
    White & Case LLP
  • Article

    SEC Revises Policy on Corporate Fines

    A recent change by the US Securities and Exchange Commission (SEC) is receiving praise for its thoughtful approach to imposing financial penalties upon corporations. On January 4, Chairman Christopher Cox announced that the SEC had revised the process for determining when to impose a fine on a corporation as a penalty for alleged securities violations.
    United StatesFinance and Banking
    White & Case
    White & Case
  • Article

    Federal Circuit Court Allows Judges To Consider "Non-5K Cooperation" In Criminal Sentencing

    White & Case's Corporate Defense and Special Litigation practice provides counsel to corporations and their leaders in domestic and international civil and criminal enforcement, including criminal and securities fraud, health care fraud, financial institution fraud, antitrust violations, environmental statutory enforcement actions, criminal tax matters, international boycott and trade restriction cases, and Foreign Corrupt Practices Act matters.
    United StatesLitigation, Mediation & Arbitration
    White & Case LLP
    White & Case LLP
  • Article

    US Issues Correspondent/Private Bank Account Due Diligence Rules

    Among other provisions, the 2001 USA PATRIOT Act required the US Treasury Department to issue regulations regarding due diligence and enhanced due diligence with respect to correspondent accounts established or maintained by US financial institutions for non-US financial institutions and private banking accounts established or maintained for non-US persons.
    United StatesFinance and Banking
    White & Case
    White & Case
  • Article

    Different Strokes: Ninth Circuit Brushes Off City’s Attempts To Restrict Street Art

    There is a longstanding history of tension between local governments and street vendors. To be sure, areas such as the famous streets of SoHo in New York and the Santa Monica Promenade and Sunset Boulevard in Los Angeles are known for the "flair" of the vendors and artists who occupy their sidewalks.
    United StatesMedia, Telecoms, IT, Entertainment
    Sedgwick Detert Moran & Arnold
    Sedgwick Detert Moran & Arnold
  • Article

    Islamic Financing Spreads in the Middle East

    In early March, Saudi Aramco and Sumitomo Chemicals wrapped up financing arrangements for a $9.9 billion petrochemical plant in the coastal city of Rabigh, marking the largest project financing to date in Saudi Arabia. Just as significantly, the funding package also included the largest-ever long-term Islamic finance tranche for any project financing in the Middle East.
    United KingdomFinance and Banking
    White & Case
    White & Case
  • Article

    Mexico's "Red Troncal" Project

    The 2013 amendments to the Mexican Constitution and Mexico's new Telecom Law require Mexico's federal government to build a nationwide fiber optic backbone network, which will be called the Red Troncal.
    MexicoMedia, Telecoms, IT, Entertainment
    White & Case LLP
    White & Case LLP
  • Article

    European Union Updates Auditing Rules

    Agreement has been reached on revisions to the European Union (EU) Directive that will update rules on the audit of company accounts (Audit Directive). Once the text of the measure is available in all the EU’s official languages, it will be formally adopted by the European Council (Council), probably during the first quarter of 2006.
    European UnionFinance and Banking
    White & Case
    White & Case
  • Article

    The Smart Phone Patent Saga Continues

    Apple also asserted its "universal search" patent that permits a user to search for results from both the phone and the internet based on a single search term.
    United StatesIntellectual Property
    McDermott Will & Emery
    McDermott Will & Emery
  • Article

    Executives Confront New Extradition Threat

    The reach of US law has recently been extended. A new fast-track extradition regime between the US and the UK, coupled with the aggressive approach of the US authorities towards prosecuting alleged white-collar criminals and the willingness of the US courts to adopt a broad approach to assuming jurisdiction over a defendant, means UK executives are facing heightened risks of being extradited from their home country to the US for alleged white-collar crimes.
    United KingdomCriminal Law
    White & Case
    White & Case
  • Article

    Legal Bottleneck Can Be Eased by Lowering Bar on Foreign Firms

    India is booming and that means business is booming for Indian lawyers involved in international transactions. The elite Indian law firms who can service such transactions to international standards are seriously overstretched.
    IndiaInternational Law
    White & Case
    White & Case
  • Article

    Mexico's Online Tax Surveillance Becomes Operational

    As part of the Tax Reform that became effective on January 1, 2014, the Mexican Congress passed a series of amendments to the Federal Tax Code for the purpose of modernizing and facilitating the compliance and enforcement of tax obligations.
    MexicoTax
    White & Case LLP
    White & Case LLP
  • Article

    Peruvian Law To Allow Netting Of Swap Transactions And Repurchase Agreements In Bankruptcy Proceedings

    Recent changes in Peruvian insolvency laws will now allow financial institutions and insurance company counterparties to close-out and net obligations under derivatives and repurchase agreements with Peruvian financial institutions or insurance companies which become subject to bankruptcy proceedings.
    PeruInsolvency/Bankruptcy/Re-Structuring
    White & Case
    White & Case
  • Article

    When is a Broker-Dealer an Investment Adviser

    In 2005, the SEC adopted Rule 202(a)(11)-1 to provide an exception from the definition of "investment adviser" under the Investment Advisers Act of 1940 (Advisers Act) for certain broker-dealers that provide non-discretionary advice solely incidental to their brokerage activities.
    United StatesFinance and Banking
    White & Case
    White & Case
  • Article

    New Amendments To The EU's Syrian Sanctions Measures

    On 13 October 2011, the Council of the European Union (EU) adopted further amendments to the EU sanctions measures against Syria – this time imposing an asset freeze on the Commercial Bank of Syria – in Council Decision 2011/684/CFSP.
    European UnionInternational Law
    White & Case
    White & Case
  • Article

    When M&A And National Security Don’t Mix

    An act recently passed in Congress, intended to tighten controls on foreign capital inflows, could derail your best-laid deals.
    United StatesCorporate/Commercial Law
    White & Case
    White & Case
  • Article

    Panel Recap: 'Secondaries'

    The Secondaries panel was a big draw, as it had a standing room-only crowd that spilled out into the hallway.
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader

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