The Saudi princes, the Clifford Chance partner and London’s High Court

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Saudi princes refused diplomatic immunity by Vos J

Mr Justice Vos has refused two Saudi princes permission to use diplomatic immunity to avoid a costly court battle in London’s High Court. Clifford Chance partner Iain Roxborough instructed Blackstone Chambers’ Timothy Otty QC to lead the case for HRH Prince Mishal Bin Abdulaziz Al Saud and his son, HRH Prince Abdulaziz Bin Mishal Bin […]

Luxembourg legal update — March 2013: the ESMA guidelines on sound remuneration policies of AIFMs

This section of Arendt & Medernach’s Luxembourg legal update for March 2013 looks at the ESMA guidelines on sound remuneration policies of AIFMs. With regard to the recent developments in the context of the AIFMD, on 11 February 2013 the European Securities and Markets Authority (ESMA) published its final Guidelines on sound remuneration policies under the Alternative […]

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Many of us daydream about building an entrepreneurial empire, but very few make it happen. One such success story can be found in the shape of British inventor James Tagg, who invented the touch screens used on London’s tube network before setting up a £300m business called Truphone – a mobile service that recently received […]

Luxembourg legal update — March 2013

Arendt & Medernach has released the March 2013 edition of its Luxembourg legal update. On 16 January 2013, the Commission de Surveillance du Secteur Financier (the CSSF) published the circular letter 13/556 (the Circular Letter) announcing the entry into force of the CSSF Regulation No. 12-02 of 14 December 2012 on the fight against money laundering and terrorist financing (the Regulation). […]

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