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67 results found

Article

Herbert Smith Freehills LLP | Iraq | 24 Feb 2011

Establishing a branch and incorporating a company

Establishing an office in Iraq is necessary to directly conduct business in Iraq.

Article

Herbert Smith Freehills LLP | Russia | 4 Feb 2011

The legal framework in respect of unclaimed dividends and new tax benefits

New law comes into effect setting out legal framework in respect of unclaimed dividends and establishing tax benefit in relation to property received by a company for the purposes of increasing its net assets

Article

Herbert Smith Freehills LLP | Russia | 21 Oct 2010

Structuring private equity investments in Russia

With the gradual recovery of the global economy, private equity houses are once again looking towards emerging markets for value investments.

Article

Herbert Smith Freehills LLP | United Arab Emirates | 8 Oct 2010

Directors' duties in the UAE - what are the potential personal liabilities?

In the current economic climate, companies, their shareholders and other stakeholders will often take a hard look at the role of management in relation to any questionable transaction or other commercial problems.

Article

Herbert Smith Freehills LLP | Democratic Republic of Congo, Hong Kong | 7 Jun 2010

FG Hemisphere (HK) - court of final appeal to clarify state immunity law in Hong Kong

The Democratic Republic of Congo (DRC) was last month granted leave to appeal the Hong Kong Court of Appeal decision on state immunity law, FG Hemisphere Associates LLC v Democratic Republic of the Congo and others (CACV 3732008 & CACV 432009).

Article

Herbert Smith Freehills LLP | United Kingdom | 29 Apr 2010

Swift v HMRC legal status of a Delaware limited liability company

The First Tier Tax Tribunal has recently handed down a decision addressing the legal status of a Delaware limited liability company (LLC) for tax purposes.

Article

Herbert Smith Freehills LLP | United Kingdom | 31 Mar 2010

Commercial Court finds that economic downturn does not constitute force majeure

In Tandrin Aviation Holdings Ltd v Aero Toy Store LLC 2010 EWHC 40 (Comm), Mr Justice Hamblen awarded summary judgment against a party who sought to argue that the stark change in market conditions triggered a force majeure clause.

Article

Herbert Smith Freehills LLP | United Arab Emirates | 1 Dec 2009

Distressed property assets in Dubai key legal considerations for buyers and sellers

In April 2006, non-GCC nationals became entitled to buy freehold property and acquire long leases of up to 99 years within certain "designated areas" in the Emirate of Dubai through the introduction of the Real Property Regulations.

Article

Herbert Smith Freehills LLP | United Kingdom | 27 Oct 2009

Will an exclusion clause protect a party intentionally breaching a contract?

The High Court case of Internet Broadcasting Corporation Ltd (ta NETTV) and NETTV Hedge Funds Ltd (formerly MARHedge TV Ltd) v MAR LLC (ta MARHedge) 2009 EWHC 844 represents a notable development in the law on exclusion clauses.

Article

Herbert Smith Freehills LLP | Russia | 5 Aug 2009

Shareholders’ agreements under Russian joint stock company law

Until recently Russian law did not recognize shareholders’ agreements (“SHA”).