Sponsored briefing: The coming of age of arbitration in Africa

Sponsored briefing: The coming of age of arbitration in Africa

Rémy Gerbay looks at whether Africa could prove a suitable arbitration seat for US corporations

Private investments by US corporations in Africa are expected to increase in the coming years. In turn, cross-border disputes are also expected to surge. This comes at a time when arbitrating disputes on the African continent is slowly becoming an increasingly viable option for US corporations. Continue reading “Sponsored briefing: The coming of age of arbitration in Africa”

Legal technology sponsored briefing: GDPR contract amendment and remediation

Legal technology sponsored briefing: GDPR contract amendment and remediation

Simplify, automate and expedite contract amendment and remediation (repapering)

The General Data Protection Regulation (GDPR) became effective on 25 May 2018. An important part of GDPR compliance is amending or ‘repapering’ vendor contracts, which can be time consuming and expensive. Our digitally powered approach to repapering can save you 40-80%.1 Continue reading “Legal technology sponsored briefing: GDPR contract amendment and remediation”

Sponsored briefing: The Mauritius International Arbitration Act – A decade on

Sponsored briefing: The Mauritius International Arbitration Act – A decade on

Rishi Pursem SC and Bilshan Nursimulu discuss how Mauritius has evolved to become an increasingly popular choice for arbitration

On 1 January 2009, the Mauritian International Arbitration Act came into force. It created a completely new regime for international arbitration and expressly provides that it is to be developed in keeping with the international principles underlying the UNCITRAL Model Law. Continue reading “Sponsored briefing: The Mauritius International Arbitration Act – A decade on”

Legal technology sponsored briefing: Tracing crime on the Dark Web

Legal technology sponsored briefing: Tracing crime on the Dark Web

Muthmainur Rahman on the dangers posed by the Dark Web and what firms must do to protect their data and that of their clients

It is the section of the internet that is unknown to the vast majority of people. The Dark Web is a network of websites and servers that use encryption in an attempt to keep their activities secret. It is not indexed by search engines but it is where fraudsters buy drugs, guns, credit card details and personal information. In fact, when researchers at King’s College, London, looked at the contents of nearly 3,000 sites on the Dark Web, they discovered that 57% were hosting illicit material. Continue reading “Legal technology sponsored briefing: Tracing crime on the Dark Web”

Sponsored briefing: The end of Libor in Switzerland

Sponsored briefing: The end of Libor in Switzerland

The UK Financial Conduct Authority (FCA) announced on 27 July 2017 it would no longer require that banks that are members of the Libor panel be obliged to communicate a daily rate after 2021.

2021 is perhaps not tomorrow, but it is definitely very soon after tomorrow. Financial institutions should now review their Libor-based contracts and products to quantify their exposure to the discontinuation of such a rate. While the effort is obviously larger for financial institutions, other enterprises, and even retail investors and borrowers, should assess their risk and determine what measures to take. We provide below an overview of the contracts that may be affected and possible remedies. Continue reading “Sponsored briefing: The end of Libor in Switzerland”

Sponsored briefing: Tracing assets – what you need to know

Sponsored briefing: Tracing assets – what you need to know

K2 Intelligence’s Darren Matthews on what successful asset search and recovery looks like

Understanding the form, value and recoverability of an adversary’s assets is an essential part of legal strategy in any dispute. What may appear relatively simple – locating material assets and determining their value – invariably turns complex when assets are held through multi-level corporate structures layered over multiple jurisdictions. Methods used to hide assets are becoming more sophisticated and asset-recovery experts must keep up to date with the latest asset-searching techniques, practices and technologies. Understanding the form, value and recoverability of an adversary’s assets is an essential part of legal strategy in any dispute. What may appear relatively simple – locating material assets and determining their value – invariably turns complex when assets are held through multi-level corporate structures layered over multiple jurisdictions. Methods used to hide assets are becoming more sophisticated and asset-recovery experts must keep up to date with the latest asset-searching techniques, practices and technologies. Continue reading “Sponsored briefing: Tracing assets – what you need to know”

Practice Area Spotlight: Dispute resolution – Strategic case management with legal acumen

Practice Area Spotlight: Dispute resolution – Strategic case management with legal acumen

State court litigation and private arbitration proceedings require practitioners to combine legal thoroughness and the management of evidence with strategic ingenuity. Understanding court processes, legal practice and tactical procedural advantages all add up to sound advice in contentious legal matters.

Dispute resolution in all its appearances enjoys a longstanding tradition at Prager Dreifuss. Our attorneys represent parties before local state courts as well as administrative authorities. Debt collection and bankruptcy matters are strong areas of our practice, in particular in disputes involving foreign parties. International arbitration has attained special significance in our firm, and a number of our attorneys are regularly appointed as arbitrators in institutional and ad hoc arbitration tribunals. Continue reading “Practice Area Spotlight: Dispute resolution – Strategic case management with legal acumen”

Sponsored briefing: ‘Fantastic boutique CM Murray dominates the market in the partnership space’

Sponsored briefing: ‘Fantastic boutique CM Murray dominates the market in the partnership space’

CM Murray is a leading specialist partnership and employment law firm based in London. The firm is ranked by the legal directories as Tier 1 for both of its practice areas, and enjoys a market-leading reputation for advising professional and financial services firms on sensitive and complex cross-border partnership and employment law issues.

The breadth and depth of the firm’s partnership practice encompasses the 360-degree life cycle of partnership businesses, offering both contentious and non-contentious partnership law advice. The firm’s non-contentious law firm expertise includes establishing law firm LLPs/partnerships and alternative business structures, drafting and reviewing LLP/partnership agreements, advising on partnership and governance structures, partner remuneration and contribution, LLP conversions and internal restructuring, international network structures (including Swiss Verein structures), and associations and law firm M&A. Continue reading “Sponsored briefing: ‘Fantastic boutique CM Murray dominates the market in the partnership space’”

Sponsored briefing: Regulatory challenges in the year ahead

Sponsored briefing: Regulatory challenges in the year ahead

Ten years ago, very few large law firms needed external legal advice on dealing with their regulator. This was because the Solicitors Regulation Authority (SRA) would normally only take action against an individual within a firm rather than the firm itself. Since then, the SRA has increasingly used its powers to regulate entities and shown a much greater interest in how law firms are run. With that has come the era of big fines for firms that have breached the SRA’s Handbook.

While all large law firms will have experts in-house that deal with regulatory and risk issues, they are unlikely to have had extensive experience of the SRA’s investigation and enforcement procedures. In addition, external advisers can act as a sounding board on difficult issues, such as if, how and when to report a matter to the SRA. Continue reading “Sponsored briefing: Regulatory challenges in the year ahead”

Sponsored briefing: The rise of the law firm IPO

Sponsored briefing: The rise of the law firm IPO

An oft-cited phrase from partners of law firms is that ‘the partners are the guardians of the firm for the next generation of lawyers’.

However, cultural changes and behavioural traits, particularly those of Generation Y and Millennials, has – and is – leading certain professional services firms to consider the appropriateness of their existing corporate and organisational structures, as well as their working environment and culture. Continue reading “Sponsored briefing: The rise of the law firm IPO”