IBA Blog – Day Four

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Latest Briefings

New opportunities for investors: obtaining subsoil use right for hydrocarbons through auction

By Mikhail Abdulov  Introduction If an investor wishes to commence oil and gas activity (exploration/production) in the Republic of Kazakhstan (“RoK”), it shall obtain a relevant subsoil use right (“SUR”), which is formalized by execution of a relevant subsoil use contract (“SUC”). An investor may obtain SUR either directly (SUR acquisition from an acting subsoil user or from […]

Cybersecurity threats and mitigation practices

By Bolat Assylkhanov Cyberattacks remain an increasing threat across all critical infrastructure sectors in Kazakhstan. Threat to the various industries has increased dramatically along with the sophistication of cyberattacks. We have witnessed in recent times massive attacks on IT infrastructure of Kazakhstani state bodies, financial and educational institutions, which led, among other things, to disabling […]

The Bermuda Captive Insurance Market

By Chiara T. Nannini Bermuda is the world’s largest captive domicile with over 700 active captive licences on its register generating approximately US$54 billion in annual gross written premiums. Having formed the first modern captive in 1962, Bermuda still maintains its global lead. The jurisdiction has earned international credibility as a leading global insurance and […]

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Judge found guilty of wife beating removed from judiciary

A deputy High Court judge who beat his wife because she made him wait for his dinner has been removed from his post. Judge James Allen QC, who sat as a deputy High Court judge and a recorder, was convicted of assault at Bradford Magistrates’ Court in May. Allen was reported to have flown into […]

MoFo and Sidley add to Chinese capital markets partnerships

US firms Morrison & Foerster (MoFo) and Sidley Austin have bulked up their Chinese capital markets teams with the addition of a partner apiece. Sidley has added Anthony Jacobsen to its Shanghai team. He joins from Baker & McKenzie, where he was a partner in the firm’s commercial and securities group. Jacobsen has a broad […]

Weil wins struggle for CC funds lawyer

Weil Gotshal & Manges has won the battle to hold on to star funds associate Stephen Fox after a secondment at private equity house Apax Partners threatened to stall his move from Clifford Chance to the US firm. Fox is set to join Weil and is already listed as a ­corporate associate on the US […]

Paris matches

Partners in Paris are moving around like never before. Joanne Harris scrutinises the French capital’s recruitment market During the past 10 months the French lateral recruitment market has been busy like never before. More than 80 partners have moved firms and a significant number of senior associates and of counsel have also been hired as […]

Andrew Shaw

Opinion: Litigation is a byproduct of the economic crisis

This time last year leading economists started voicing their opinions that the worst effects of the 2008 credit crunch were over and that a fragile recovery was beginning to take root. That optimism now seems to have been misplaced. Not only have we seen further bank bailouts, but fear now stalks the markets about any […]

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