Offshore

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Latest Briefings

HighQ launches AI survey, aiming to sift through the hype

When it comes to artificial intelligence in the legal industry, the number of platform options are soaring with almost 70 companies focused on creating AI-enabled legal technology solutions, according to a LawGeex report. It’s also clear that firms and other businesses will want to evaluate and invest in multiple AI platforms to solve different problems, […]

Angola: The Mining Law Review

By João Afonso Fialho, Ângela Viana Angola is one of the greatest diamond producers in the world and has extensive reserves of valuable natural resources, notably diamonds, gold, iron ore, phosphates, copper, manganese, and many other mineral resources. Unfortunately, the civil war (1975–2002) had a tremendous impact on the mining industry, which was basically put […]

Benefits and perils of permanent health schemes in employment contracts

In the recent case of Awan v. ICTS UK Ltd [2018] 11WLUK 385 (Simler J, President) the EAT confirmed and strengthened previous decisions (Aspden v. Webbs Poultry [1996] IRLR 251, Briscoe v. Lubrizol Ltd[2002] IRLR 607, amongst others) To the effect that a term will be implied into contracts of employment that “once the employee has become entitled to […]

Canadian securities regulators concern on problematic promotional activities by issuers

By Brett A. Kagetsu, Denis G. Silva A recent announcement by Canadian securities regulators demonstrates their growing concern with biased promotional materials, and highlights the risks to issuers when engaging with prospective investors. The regulators state that they are seeing promotional activities by issuers that are either untrue or unbalanced to such a degree that […]

Imprisonment fears allayed for arbitrators and experts involved in UAE-Seated arbitrations

By Courtney Rothery, Robyn Waller Imprisonment fears have been allayed for arbitrators and party-appointed experts involved in UAE-seated arbitrations following the latest amendments to Article 257 of the UAE Penal Code. THE PREVIOUS WORDING OF ARTICLE 257 OF THE UAE PENAL CODE In October 2016 arbitrators and party-appointed experts involved in UAE-seated arbitrations (who may or may not […]

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Bracewell & Giuliani: double digit rev, PEP increases

Texas firm Bracewell & Giuliani has posted a 15 per cent revenue hike for the 2008 financial year. The US firm increased revenue from $239m in 2007 up to $275.4m in 2008. Average profit per equity partner (PEP) grew 16.8 per cent to $862,000 from $738,000 the previous year. Bracewell managing partner Mark Evans said […]

Postcard from… Tokyo

In the latest in our Postcards from… series, Lovells partner Anthony Raven discusses life in Japan and how Tokyo avoids many of the pitfalls of urban life in other countries. Tokyo has a reputation for being vast, overwhelming and frantically busy. It certainly is all of those things but it is also fascinating, exhilarating and […]

Nardello scoops former SFO investigator

Legal investigations firm Nardello & Co has hired former Serious Fraud Office (SFO) assistant director Helen Garlick as a senior director of investigations. Garlick quit the SFO in June following a change of management. While there she led the four-year probe into BAE Systems and oversaw investigations into former Nigerian head of state Sani Abacha […]

Building bridges

In restructuring property finance, enforcement is not your only option, says Nicholas Crocker In the current economic climate the most commonly cited cause of borrower default is breach of loan to value (LTV) covenants. It has recently been said that anyone who in the last few years bought at above 70 per cent LTV is […]

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Clear thinking

Offshore jurisdictions have a tendency to be viewed with suspicion, accused of harbouring illegal funds. But it is a suspicion born of ignorance in how they operate, argues Charles Jennings The Cayman Islands’ financial industry relies on institutional work. A glance at the number of Cayman mutual funds (1,933 newly registered in 2007 and 1,650 in […]

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