0 results for 'Stephenson Harwood'
India's 'not for sale' legal market draws U.S., U.K.
Two weeks before Clifford Chance said it would fire as many as 100 lawyers in London and New York, the world's largest law firm by revenue announced an alliance with India's AZB Partners to expand operations there. The firms said in January that they were establishing a referral relationship that would give Clifford Chance a way to serve clients doing business in India, which bans foreign firms from practicing in the country.Is There an Offshore In Cyberspace?
The multibillion-dollar world of offshore investment funds is moving into cyberspace by offering securities on the Web. The SEC, however, has taken an interest in Internet offers by foreign issuers, including whether they fall within the SEC's regulatory jurisdiction -- and whether they violate securities laws. The key to successfully avoiding U.S. regulation is to avoid targeting U.S. investors, which is not as simple as it sounds.Seward & Kissel Lawyers Help Negotiate Deal With Somali Pirates
The day after Thanksgiving, James Christodoulou found himself in an impossible situation. The CEO of Stamford, Conn.-based Industrial Shipping Enterprises had just received word that a band of Somali pirates had boarded and hijacked one of his tankers -- the Liberian-flagged MV Biscaglia -- in the Gulf of Aden. Christodoulou turned to his company's longtime outside counsel at Seward & Kissel for assistance in rescuing the ship's 28-man crew and putting company investors at ease.Partner Profits Plunge at Top U.K. Firms, but Revenues Hold Steady
The U.K.'s top law firms have suffered a dramatic fall in profitability and a shrinking market in what has been confirmed as the worst economic conditions for the profession since the early 1990s. Legal Week's 2008-09 results, the first comprehensive picture of the performance of the U.K.'s top 50 law firms, shows that profits per equity partner across the group on average fell by 17.3 percent.Justice Augustus C. AgateAll Points Capital Corp. v. Black Thunder Trucking (7144/12)—Case DisposedCitibank v. Hooks (24708/11)&
Carbon Market Opportunity Came Out of Thin Air
Atlanta attorney John Varholy went to London six years ago to help clients trade an invisible, intangible commodity on a market that didn't exist. Now the managing partner of Troutman Sanders' London office, Varholy focuses on the market for trading carbon emission allowances -- essentially, the right to pollute. Created by a Gordian knot of regulations, the multibillion-dollar market is big business in Europe, and it may one day serve as a model for what could happen in the United States.State AI Legislation Is on the Move in 2024
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