The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. Read more
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 worldwide freezing order application worth $500m, arbitration proceedings in New York at the same time as filing a claim at the Commercial Court, £18m by way of security for costs and a £50m funding package for the claimants - it was all in the 57-day court battle of Excalibur Ventures v Texas Keystone and Gulf Keystone.
The dispute centred on the exploration rights to various petroleum fields in Iraqi Kurdistan. Excalibur founder Rex Wempen, a former captain in the US Army Special Forces who had fought in Iraq, reckoned he was closed out of a deal worth a whopping $1.6bn to the company.
Plenty of questions have been left unanswered, not least because a full judgment is yet to be circulated. What of that $50m litigation funding package?
A costs battle is in the offing, and it ain’t gonna be pretty.