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...
- DIFC Courts strengthens mediation offering to boost Dubai’s business environment
- Ashurst posts 11 per cent revenue growth to £1.152 billion in final year before combination
- Pérez‑Llorca launches Abu Dhabi office to strengthen Middle East presence
- Watson Farley & Williams advises Navigator on first JOLCO financing deal
- Gibson Dunn supports Binance on landmark ADGM listing of tokenised securities
- BlueFive Capital advised by Addleshaw Goddard on LeasePlan Emirates stake acquisition
- Galadari advises OpenGate Capital on acquisition of Total Safety EMEA division
Middle East & International News
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...
Shoura Council to amend petroleum trade law
The Council of Ministers have drafted an amended law on trade in oil and petroleum products and sent it to the Shoura Council for review. The articles in the draft define commercial activities related to the...
Guernsey Finance announces new Chief Executive
Fiona Le Poidevin will be resigning to be replaced by Dominic Wheatley as Chief Executive for Guernsey Finance starting December 1, 2014. With more than 25 years of experience in UK and Guerney’s International financial markets,...
KWM drops ‘SJ Berwin’ from title
King & Wood Mallesons started its collaboration with SJ Berwin on Novermber 1, 2013 giving birth to a USD 1 billion law firm based in Asia. The title “King & Wood Mallesons SJ Berwin (KWMSJB)” was...
Bird & Bird merges with Australian firm
Bird & Bird merges with Australian TMT firm, Truman Hoyle after a year and a half of jointly providing client services. The firm has also signed non-exclusive alliances with South Korean firm Hwang Mok , Jakarta-based...
Law Firm Highlights
An expert guide on “Doing Business in Dubai” was produced by Al Tamini & Company, in collaboration with Emirates, as part of their larger “Doing Business in Dubai” series. With Dubai’s economy expected to increase...
Hollywood calling for Snowden’s lawyer
Edward Snowden’s lawyer, Anatoly Kucherena, has reportedly sold the rights for his novel “Time of the Octopus” to Oscar winning Hollywood director Oliver Stone. Stone is set to make a political thriller movie, with producer Moritz...
RoboLaw governs laws concerning robots
If a surgical robot kills a patient or a self-driving car causes an accident, who takes the brunt for the accident? These are some of the issues that the European Union are trying to find solutions...
