Thriving in the face of adversity as politics and security play an integral part in everyday life is a default position for Israel. The data backs this up: recent OECD reports describe Israel as stable with strong economic growth: annual GDP has consistently risen by three to four percent over recent years to reach nearly …
Protracted arguments over Brexit have led a divided Britain to the point of exhaustion. In the months leading up to the June 2016 referendum, offshore firms were concerned about the potential impact of a ‘Yes’ vote – although perhaps less so than some of their onshore counterparts. Even before the financial crisis, there had been …
Among Asia’s competing financial centres, Hong Kong is the essential place to be for leading offshore law firms. Collectively, their local offices have grown significantly over the past few years to around 300 lawyers, making Hong Kong the third most-heavily lawyered jurisdiction by offshore firms after the Cayman Islands and Jersey. But in early June, …
Like the rest of Britain, barristers at the commercial Bar are impatiently waiting for some clarity over Brexit: it is a paramount concern because they want London to retain its position as the premier location for international business disputes. But more than three years on from the referendum result, the much-debated uncertainty has not yet …
Since it exited from an emergency bailout from the European Commission, the European Central Bank and the International Monetary Fund, and began its rapid recovery, Ireland has enjoyed star-performer status in Europe. Ireland’s GDP grew by 6.7% in 2018, making it the region’s fastest-growing economy for the fifth consecutive year. Simultaneously, according to the EY …
Europe’s independent law firms fared much better in 2018 than most of the EU economies in which their clients operate. Set against the background of a US-China trade war, sluggish output and the prospect of an imminent Brexit, GDP growth in the eurozone limped to a disappointing 1.1% last year. Overall deal volume and value …
Continue reading “The Euro Elite Overview: Life in the bubble”
Ireland The Emerald Isle may be small – its two million-workforce delivers a tax take of just €50bn – but last year’s exceptional 6.7% GDP growth followed an equally strong 2017 and makes Ireland the standout performer among the EU27. All would be well were it not for another six-month delay to Brexit. ‘There was …
For large companies and ultra-high-net-worth individuals, disputes are an inevitable feature of doing business. According to the Litigation Trends Annual Survey, published by Norton Rose Fulbright, US companies now spend $1.2m on disputes per $1bn of annual revenue. Add in the growth of non-US companies involved in disputes and tens of billions of dollars are …
Continue reading “Global disputes hubs jostle for position – Where in the world?”
Political pressure to crack down on evasion and Bribery Act-style powers are pushing tax disputes onto boardroom agendas, writes Dominic Carman Tax investigations and disputes historically rarely made the headlines, except for the occasional world-class footballer or rows over globe-trotting firms slashing their tax bills.
With the trickle of follow-on damages claims after high-profile competition investigations threatening to become a flood, Dominic Carman examines how firms are preparing their clients for battle ‘We have talked about competition litigation emerging as a work stream in civil litigation for a long period of time, but we have seen a real boom in …
Continue reading “Market Report: Competition Litigation – Healthy competition”
