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In a recent case, the English Commercial Court has upheld the enforceability of a clause requiring the parties to seek to resolve a dispute by 'friendly discussions' prior to arbitration - a decision in line with a trend towards the enforceability of good faith obligations under English law.
Law Firm: DLA Piper | Published: 23 September 2014 | Practice Area: Practice and Procedure
The British Virgin Islands' (BVI) corporate statute is ideally suited for international listings, and BVI companies have been used widely for listings on international stock exchanges in New York, London and further afield. Harneys looks at some key features of company law legislation in the BVI.
Law Firm: Harneys | Published: 10 September 2014 | Practice Area: Financial Reporting
The regulation of UK renewable energy has undergone significant transformation over the past decade, in a push to help the UK reach its 2020 targets. Achieving this target will depend on support from government subsidies and effective implementation of supportive regulations, as Nabarro explains.
Law Firm: Nabarro | Published: 08 September 2014 | Practice Area: Regulation and Enforcement
Capital markets and M&A activity in the energy industry remains robust, with all categories showing significant improvement over comparable periods in 2013. In this briefing, Latham sets out some trends that bode well for continued activity in the oil and gas space for the foreseeable future.
Law Firm: Latham & Watkins | Published: 04 September 2014 | Practice Area: Renewables
Multi-tiered or dispute escalation clauses are an important means by which commercial parties try to resolve disputes amicably and avoid formal litigation or arbitration. A recent High Court decision offers guidance on improving the enforceability of such clauses, as this Latham briefing explains.
Law Firm: Latham & Watkins | Published: 20 August 2014 | Practice Area: Alternative Dispute Resolution
The Court of Appeal has held that the South African subsidiary of an English parent did not have its central administration in England and was therefore not domiciled in England under the Brussels Regulation. Herbert Smith Freehills reports on the case of Young v Anglo American South Africa & Ors.
Law Firm: Herbert Smith Freehills | Published: 20 August 2014 | Practice Area: Domicile and residence
This weekly update rounds up key developments of interest for M&A lawyers and assesses their impact. This briefing focuses on two Court of Appeal cases, which centred around notice provisions and the test for determining the location of a company’s central administration respectively.
Law Firm: Macfarlanes | Published: 19 August 2014 | Practice Area: Practice and Procedure
This March, the US imposed economic sanctions in response to Russian-led actions in Ukraine. Since then, in response to the deteriorating situation, sanctions have continued to escalate. For companies with business ties to Russia, this DLA briefing provides a recap of the current US sanctions.
Law Firm: DLA Piper | Published: 18 August 2014 | Practice Area: Regulation and Compliance
As the Ukraine crisis continues to simmer in the wake of the Malaysia Airlines crash, the US has extended sanctions to three Russian banks, a shipbuilding company and exports of energy sector items to Russia, while the EU has also announced similar measures. Latham looks at the latest developments.
Law Firm: Latham & Watkins | Published: 31 July 2014 | Practice Area: Mining
On 16 July, the US announced “sectoral sanctions” against two Russian banks and two Russian energy firms, including Rosneft. While the EU has not yet implemented additional sanctions, leaders have agreed to consider targeting Russia with such measures by the end of July, as Latham reports.
Law Firm: Latham & Watkins | Published: 18 July 2014 | Practice Area: Capital Markets and Debt Securities
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