K&L Gates bags Bear Stearns managing director

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A borrower can now challenge symbolic possession under the Sarfaesi Act

The Hon’ble Supreme Court (SC), in its recent decision in the matter of M/s Hindon Forge Pvt. Ltd. & Anr. v State of Uttar Pradesh [(Civil Appeal No 10873 of 2018 along with Civil Appeal No 10874 of 2018)] (Appeals) held that a borrower can prefer an application under Section 17 (1) of the Securitization […]

New law on validity of wills in Cayman

By Anthony Partridge, Fraser Allister The Cayman Islands’ Formal Validity of Wills (Persons Dying Abroad) Law, 2018 came into effect on 1 February 2019. The law is important to people who own shares in Cayman Islands companies or have interests in Cayman Islands investment funds for example, and offers far greater flexibility for international clients who wish […]

Brexit worries drain confidence in EU reference procedure

In a legal first, Brexit prevents High Court from clarifying if it has jurisdiction in a human rights claim against the EU. The Kosovo victims of serious human rights abuses from two decades ago bring damages claims against the EU. On 13 February 2019 the High Court in the case of Tomanovic v EU [2019] […]

Litigation funding 2019 – United Arab Emirates

By James Foster, Courtney Rothery We have authored the inaugural UAE chapter in the annual Guide to Litigation Funding published by Law Business Research (part of the “Getting the Deal Through” series). This is the third edition of the global survey of the law and practice of litigation funding. With the third-party funding of litigation and arbitration […]

The Bluberi CCAA proceedings: litigation funding in insolvency

By Patrice Benoit, Geneviève Cloutier On February 4, 2019, the Court of Appeal of Quebec released its decision in the matter of Callidus Capital Corporation and al. v. 9354-9186 Québec Inc. (formerly Bluberi Gaming Technologies Inc.).  With the increase in third party litigation funding, we are now seeing it being used in the insolvency context and the Court of […]

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Clifford Chance partner to chair ICC arbitration court

The beleaguered International Chamber of Commerce (ICC) International Court of Arbitration in Paris has appointed replacement chairmen, following the current chairman’s recent shock resignation. Current chairman Pierre Tercier, who will leave the post on 30 June, will be succeeded by Salans co-founder Carl Salans as interim chairman. Salans will be replaced by Clifford Chance’s global […]

DLA Piper scoops $6.7bn biotech merger

DLA Piper has scored a role in one of the biggest pharmaceutical deals of the year, lining up alongside Skadden Arps Slate Meagher & Flom in the $6.7bn (£3.4bn) merger of US biotechnology suppliers Invitrogen and the Applera Corporation. DLA Piper acted for the buyer, Invitrogen, led by San Diego-based relationship partners Jeff Baglio and […]

Prince Evans settles ex-partner dispute

A legal dispute between niche property firm Prince Evans and its former senior partner Louis Robert has resolved a week before going to trial, with Robert due to begin a partnership role at Winckworth Sherwood today (16 June). As reported in The Lawyer (7 January), three of Prince Evans’ five partners – finance director Robert […]

Mace & Jones launches ‘justice’ story competition

Northwest firm Mace & Jones is launching a short story competition on the theme of ‘justice’. The firm’s head of employment law and celebrated crime fiction author Martin Edwards said the firm is seeking to contribute to the city’s Capital of Culture celebrations. “The short story is a marvellous literary form I am passionate about,” […]

Angel links up with Standard & Poor’s

#Linklaters’ former managing partner Tony Angel has taken on the role of executive managing director at financial market intelligence provider Standard & Poor’s (S&P). In addition, Angel will head S&P’s Europe, the Middle East and Africa (Emea) business, reporting to its president Deven Sharma. Angel’s new role will see him spearhead S&P’s growth anddevelopment in […]

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