Until recently, the lion’s share of follow-on claims in relation to large EU-wide cartels were brought in the English courts. The claimant is the one who decides where to bring the claim (subject to the chosen courts having jurisdiction) and the availability of broad disclosure and other aspects of English procedure have made England an …
George Wilkinson, secretary to the Ashfords Foundation, outlines the positive benefits to law firms of getting serious about their charity work I am frequently asked why Ashfords established a charitable foundation. Having explained the why and the how, almost invariably the next remark is: ‘Why didn’t we think of that?’
Court judgments and arbitral awards are enforced in Saudi Arabia in accordance with the new Enforcement Law issued by Royal Decree No. M/53, dated 13 Shaban 1433H (corresponding to 3 July 2012) (the Enforcement Law); and the Implementing Regulations for the Enforcement Law issued by Ministerial Resolution No. 9892 dated 17 Rabi Thani 1434H (corresponding …
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Clifford Chance’s Ian Moulding, Chris Yates, Jason Epstein and Ryan Byrne consider the rising tide of US-style ‘stock drop’ shareholder class actions in the UK, and offer practical tips for in-house counsel on managing the risk of shareholder litigation Shareholders can bring claims against listed companies to recover losses suffered as a result of a drop …
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The government of the United Arab Emirates (UAE) continues to introduce measures, including key legislative changes, intended to further diversify the UAE’s economy away from its historic dependence on oil revenues. One key focus has been upon the introduction of measures that increase the UAE’s attractiveness as a destination for foreign direct investment (FDI). In …
Continue reading “Landmark law to permit up to 100% foreign ownership in onshore UAE”
Craig Arnott of Burford Capital looks back at legal finance’s first decade, and shares his thoughts on what lies ahead for the industry In October 2019, Burford Capital will celebrate its tenth anniversary. We’re understandably proud of this milestone, but we also welcome it as an opportunity to reflect on the progress that the legal finance industry …
With the continued influx of businesses and service providers into Dubai, competition between financial and professional services firms has never been higher. Those seeking an instant ‘beachhead’ in the jurisdiction by recruiting existing teams and professionals with inflated sign-on bonuses may find themselves instead on the end of a very costly springboard injunction. Such forms …
Continue reading “Springboard injunctions to take off in the DIFC courts?”
Shay Ogunsanya of Legisway by Wolters Kluwer asks whether your legal department is operating in the most strategic way it can? Does your legal department operate in the most strategic way possible? That is the question fuelling the impressive rise of the legal operations function in legal departments around the world.
In the last few years, Egypt witnessed the entry into force of new laws and the issuance of some long-awaited amendments to other legislations.
Robin Johnson, Christian Mense and Nicola Evans continue their series of papers on corporate reorganisations. In this article, they look at the key considerations on a multinational reorganisation project.