DIFCI re-enters the debt capital markets
DIFC Investments LLC (DIFCI) returned to the debt capital markets since its issuance in 2007 with a successfully priced USD 700 million 10 year Sukuk issued at par with a 4.325 per cent profit rate, at...
- DIFC Courts reports AED10 billion in claims and record caseload in H1 2026
- Eversheds Sutherland (International) reports latest financial results
- Squire Patton Boggs advises e& on USD5.95 billion Vodafone stake sale
- A&O Shearman advises ADNOC Distribution on USD1 billion acquisition of Shell South Africa assets
- Charles Russell Speechlys opens New York office and launches Connecticut practice
- Gowling WLG strengthens Middle East IP practice with James Dunne appointment
- TLA advises Beehive on majority investment in Themar Al Aamal Commercial Company
Middle East & International News
New Syrian laws issued
Syrian President Bashar al-Assad issued law no. 20 and 21 for 2014. Law no. 21 concerns with establishing banking courts of first instance and appeals in all provinces for taking up lawsuits in which one part...
UBS loses complex derivatives case in High Court
UBS sold four highly complex derivatives known as single tranche collateralised debt obligations (STCDOs) to Kommunale Wasserwerke Leipzig (KWL). KWL entered into agreements both directly with UBS and via intermediary banks Depfa Bank and Landesbank Baden-Württemberg...
Visa secures judgement in claims by retailers
Linklaters and Milbank represented Visa in a major competition case and ruled that the claim issued by retailers Arcadia, Argos, Asda, and B&Q should be dismissed because it was out of time. The retailers, represented by...
Lawyers hit back at golfer over USD 3 million lawsuit
PGA Tour golfer Dustin Johnson has been struck back for maligning two lawyers whose firm he had sued last month for USD 3 million. Mark Wittstadt and Gerard Wittstadt struck back on the allegations and asked...
Law firm highlights
– Dentons addressed a gathering of Islamic finance practitioners at the IFN Forum: Turkey 2014 held recently in Istanbul. The annual forum was first held in 2009 and presents an ideal platform for those looking to...
Gulf region labelled as target for money laundering
The 2014 Basel AML Index Report revealed two ME countries as the targets for money laundering in their top 10 highest risk countries. Iran ranked 1 on the list while Iraq was placed at the 6th...
Goldman Sachs compensates LIA for legal costs
The Libyan Investment Authority (LIA) is to be compensated for legal costs amounting to GBP 200,000 by Goldman Sachs as part of a lawsuit filed by LIA. LIA filed the case in January in London’s High...
GSK investigates into corruption charges in UAE
Global healthcare company, GlaxoSmithKline, is investigating into allegations of corruption regarding improper payments in the UAE. The allegations were sent to the top management of the company in a whistleblower’s email. The company is looking into...
Real estate investor protection and OA law amends due for approval
The Real Estate Investor Protection Law, Tanweer, has been drafted and is awaiting approval from the ruler’s court in Dubai. A version of the law was released in the media following which a lot of feedback...
