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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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Hong Kong

Jones Day takes on Orrick’s former Asia chief

Orrick’s former Asia managing partner and China office leader Michelle Taylor has joined Jones Day’s Hong Kong office. Taylor, formerly with Orrick’s Hong Kong office, focuses her practice on structured finance, real estate finance, debt capital markets and general banking and securitisation. She has 20 years of experience in these fields and has led some […]

birmingham
3

Shakespeares revenue shoots up after Harvey Ingram merger

Shakespeares has posted revenue of £39.6m for the financial year 2012/13, up 34 per cent from £29.6m in 2011/12 following its latest merger in September. The unaudited figures place net profit for the year at £11m and profit per equity partner (PEP) at £220,000, up 13.4 per cent on last year’s £194,000. In September, Shakespeares […]

Baker & McKenzie makes up 71 in global promos as City gains one

Baker & McKenzie has made up 71 partners across its global network, eight more than last year, bringing its total to 1,450 partners worldwide. The promotions, which take effect today (1 July), are spread across six continents – 19in Asia Pacific, in Europe, the Middle East and Africa, nine in Latin America, and 18 in North […]

london

City support staff hit as Edwards Wildman makes firmwide cuts

Edwards Wildman Palmer has cut eight support roles from its London office following a firmwide review of costs that has so far seen 35 support jobs go.  The redundancy consultation, ongoing at the time of writing, was kicked off in May and has so far only impacted support roles. An insider at the firm stressed […]

Addleshaws’ opposing move

Addleshaw Goddard’s savvy move in snapping up Skadden Arps litigatorKambiz Larizadeh – who appeared on the other side in the mammoth Berezovsky v Abramovich case – is an apt reminder that legal innovation is not be the sole preserve of volume private client businesses. While City litigators are in a better position than most in […]

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