The Lawyer Global Litigation Top 50 report is the only ranking of international law firms by litigation and arbitration revenue and is essential reading for anyone seeking to benchmark their litigation and dispute resolution practices...
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
A Bahamian draft bill is likely to lead to the intro-duction of investment foundations, the vehicles sometimes associated with fraudsters such as Robert Maxwell.
As reported on www.the lawyer.com/lawyernews, Liechtenstein, Maxwell's financial haven of choice, has borne the brunt of international concerns over these foundations. Many believe they are not audited properly and not transparent because they do not have to disclose the identities of beneficiaries. But the Bahamas, which wants to replace existing investment trusts with foundations, says its versions will meet international standards.
The existing investment trusts have been the source of difficulties for local bankers. Bankers have effectively been taking on the wider responsibilities of trustees, such as ensuring investments are in the interests of all beneficiaries of trusts and checking due diligence is done. The main advantage of foundations is that they limit liability if the investments fail.