Search results for ""Globe Law and Business Ltd""

Credit derivatives have emerged from the financial crisis as a stronger and more robust product, heavily used by financial institutions, corporations, insurers, asset managers and pension funds. Much of the original title, Credit Derivatives: Documenting and Understanding Credit Derivative Products, focused on the 2003 ISDA Credit Derivative Definitions. With the launch of the 2014 ISDA Credit Derivatives Definitions, which became market standard definitions for documenting credit derivatives transactions on 6 October 2014, this new edition provides similarly detailed and comprehensive analysis of the heavily updated 2014 Definitions. This book covers the 2014 Definitions in detail, while also discussing the differences with the predecessor definitions. This practitioner-oriented title also covers auction settlement, the DC Rules, POB Rules, SRO Rules and the Determinations Committees, as well as looking in detail at the products that the 2014 Definitions are used with, such as single name and index credit default swaps, and structured products. The new edition provides practical reading for lawyers, whether in private practice or in-house, and all credit derivatives market participants looking to gain a solid understanding of the new definitions. Author Edmund Parker is the global head of Mayer Brown’s Derivatives & Structured Products practice and an internationally recognised leading expert in the field.

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Marked by the establishment of ISDA in 1985, derivatives have become an indispensable, integral and deeply embedded part of the international financial markets. The new global regulatory framework instituted following the 2008 financial crisis was accompanied by a series of operational, commercial and documentation changes, which has made the derivatives markets stronger, safer and more resilient. However, a deeper and more robust product and regulatory understanding of the derivatives market is more important than ever. This fourth edition of Practical Derivatives: A Transactional Approach features a number of new chapters analysing the latest trends in the following areas: the rise of derivatives referencing cryptocurrencies and other digital assets, and the emerging regulatory framework on both sides of the Atlantic; the slow but steady move to assets meeting the Environmental, Social and Governance (ESG) criteria in the area of derivatives and structured products; the completion of the regulatory framework for cleared and OTC derivatives; the development of non-English/New York law derivatives documentation; and the emergence of new structures in the securities finance world. It also includes updated chapters explaining how derivatives are used in the practical context, how the documentation works and any pitfalls for the unwary. It provides real-life tips for the application and negotiation of transactions referencing: 2021 ISDA Interest Rate Derivatives Definitions; 2014 ISDA Credit Derivatives Definitions; 2002 ISDA Equity Derivatives Definitions; 2005 ISDA Commodity Definitions; Regulatory IM and VM documentation; and The principal repo and stock lending forms of agreement. With contributions from leading law firms, investment firms and academics, this accessible book takes a transactional approach and features coverage of product innovations. Whether you are at a bank, asset manager, pension fund, insurance company or other financial institution; from a company or organisation looking to invest or manage your risk; or involved in providing advisory services to these entities, this title will provide you with practical tools for using derivatives in your business.

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Since 25 May 2018 the General Data Protection Regulation 2016/679 (GDPR) has applied, representing a significant overhaul of data protection law in the European Union. Although it was drafted and passed by the European Union, the GDPR imposes obligations onto organisations anywhere, so long as they collect or target data relating to people in the EU. It is one of the toughest privacy and security laws in the world and harsh fines are levied against those who violate its privacy and security standards. This commentary provides a detailed examination of the individual articles of the GDPR and is an essential resource aimed at helping legal practitioners prepare for compliance. The second edition includes guidelines on the interpretation of the GDPR published by the European Data Protection Board as well as new case law by the Court of Justice of the European Union. This revised and updated edition includes: •a general introduction to data protection law; •full text of the GDPR’s articles and recitals; •article-by-article commentary explaining the individual provisions and elements of each article. In addition to lawyers and in-house counsel, this book is also suitable for law professors and students, and offers comprehensive coverage of this increasingly important area of data protection legislation.

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With over one million entities, by far the most common and, thus, the most important legal company form used in Germany is the limited liability company (the GmbH). The GmbH has a number of advantages: it limits shareholder liability; it can be adapted to the specific needs of shareholders and their business model; and it provides a platform for small businesses as well as for holding companies for international groups and not-for-profit organisations. Given its ample scope, and the fact that it can be very easily established and requires minimal administrative effort, the GmbH is also the most frequent legal form used by foreign investors in Germany. Against this backdrop, The Limited Liability Company under German Law, published in association with German Law Publishers, explores the most relevant legal issues and topics for investors seeking to establish or acquire a GmbH in Germany and is aimed at investors with a legal background as well as those without. In addition to providing an overview of the requirements of the formation process, this comprehensive edition demonstrates the GmbH’s inherent flexibility as well as helping legal practitioners (based in Germany and elsewhere) decide on whether a GmbH is most suitable for their needs. Key topics covered include: •Establishing a new GmbH •Shareholder rights, obligations and liabilities •Shareholder meetings •The appointment, rights, obligations and liabilities of managing directors •Share capital •Changes in shareholding •Financial statements and distribution of profits •Company transformations •Supervisory boards •Taxation issues •Liquidation and insolvency

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A carve-out in the M&A context is a partial sale of a business unit from a company. It is different from a straightforward M&A in that it is more complex with many more issues involved. With the rise of activist investors and the search for bigger returns, the pressure on businesses to focus on key products or jurisdictions has grown. Consequently, many transformational M&A transactions are being undertaken by large corporates and there is increased attention from management - and antitrust regulators - to ensure acquired assets have a strategic fit. This frequently results in non-core products or geographies - or in the case of mandated divestments by antitrust authorities, overlapping products - to be sold. Such sales are attractive to private equity purchasers, adding another layer of complexity and competitiveness to be managed. Structuring and managing these carve-out transactions is complex and this book focuses not only on the key differences in negotiating and drafting transaction documents, the impact on counsel procedures and other legal risks to be managed, it also looks at related regulatory and reputational risks. This practical guide, edited by Robbie McLaren at Latham & Watkins, features contributions by specialists on subjects linked to the structuring and execution of carve-out transactions and provides an invaluable insight into the legal, regulatory and practical elements in play. Topics include documentary provisions, IP transfers, transitional services, employment risks, antitrust concerns and financing acquisitions. Whether you are a lawyer in practice or in-house, this commercially focused new title provides a comprehensive analysis of carve-out M&A transactions.

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Price review disputes have become an increasingly prominent feature in gas and LNG markets over the past decade. While the first wave of disputes were driven by the 'triple whammy' of recession, US shale gas and the liberalisation of the gas markets in Europe, further waves have followed with the development of increasingly liquid trading hubs across Europe, ongoing volatility in commodity prices and the continuing influx of liquefied natural gas (LNG) into Europe. And the trends previously seen in Europe are starting to be replicated in Asian markets. This practical second edition will cover the various aspects of international gas pricing disputes. It contains contributions from leading international arbitration practitioners and arbitrators in the field, in-house counsel and industry experts. It covers the various stages of a gas pricing dispute, from drafting the clause to triggering a review, all the way through the various stages of the arbitral process. It also builds on the first edition by containing insights into more substantive topics such as hub indexation, the impact on pricing of non-price terms like destination flexibility, and the differences between gas and LNG price reviews. Despite the large number of high-value disputes in this area, this is one of the very few publications to draw together the various strands of gas pricing disputes into one book. It is therefore an invaluable guide for practitioners, in-house counsel and anyone else with an interest in this area.

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From its regional beginnings, the business of liquefied natural gas (LNG) has been transformed into a broad industry that now spans the globe. The production and liquefaction of natural gas and its shipping, regasification and use bring together diverse producer and consumer jurisdictions as well as international oil companies and trading businesses, under many different forms of contractual arrangement. This practical title is being updated to take into account the rapidly shifting arrangements and participations in the international LNG sector. It features contributions from leading oil and gas companies, consultancies and law firms, by writers who are specialists in their fields. The content spans the latest developments in traditional LNG matters such as structuring projects, sale and purchase agreements and shipping, as well as chapters on LNG from shale and unconventional sources, the forced reopening of contract terms over time and the growing role of smaller and floating LNG developments. Together, the contributors provide a rare guide to the legal, regulatory, political and practical elements of today’s LNG business. Whether you are a lawyer in private practice or from a national or international oil company, utility business, ship broking or ship building firm, bank or energy advisory practice, this commercially focused title will provide you with the latest holistic insights into the business and law of LNG.

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The upstream oil and gas sector in Brazil has suffered several changes since the first edition of Brazilian Upstream Law and Gas. These changes relate, among others, to the introduction of a production sharing regime, local content challenges and new regulations for unconventional operations. This new edition will include fully updated versions of all of the chapters covered in the first edition (including but not limited to the key elements of the Brazilian upstream legal framework, general Brazilian law, the regulatory entities and other players in the upstream sector, the petroleum legal regime, decommissioning challenges and project finance opportunities), but will also cover the regulatory changes for pre-salt and strategic areas, unconventional operations, local content challenges and other relevant topics. The chapters are written by highly respected Brazilian professionals, including experts from Mattos Filho, Pinheiro Neto, Machado Meyer Sendacz e Opice Advogados, Vieira Rezende, Merrill Lynch, Campos Mello Advogados and Ernst & Young (now known as EY). Their insights offer reliable guidance for international investors, as well as the lawyers assisting them, when they are required to consider potential investments in Brazil. Such insights will be particularly useful for those who are not yet familiar with the country's legal system.

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Brand Protection Online is a go-to guide for any user or adviser in need of strategies to combat IP infringement in the digital world or to get up to speed with the latest developments affecting brand holders online. Online channels offer unprecedented growth opportunities for businesses. But as brands become increasingly accessible online, so too do they become more susceptible to trademark infringement, anti-competitive behaviour and hijacking by cybersquatters, phishers and scammers. With the potential to divert business, or even irreparably tarnish brand reputation, it is important that companies do everything in their power to protect against IP infringement online. Featuring contributions from a host of leading experts in the field, this new and practically-focused title tackles the core issues of infringement and abuse online, analysing key trademark issues that businesses face on the Internet. Part I considers overarching brand issues, applicable worldwide – including, how to get started, domain name registration and protection, tools at brand owners’ disposal to prevent counterfeiting and dealing with popular platforms. Part II offers comparative analysis of the hottest topics and issues facing brands online – including AdWords, injunctions against intermediaries, enforcement and issues of jurisdiction. Brand Protection Online is edited by brand protection specialists Theo Savvides, joint managing partner at Bristows, and Jeremy Blum of Bristows, London.

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Energy and Natural Resources Financing: A Practical Handbook covers financing across the energy and natural resources spectrum, from upstream oil and gas, pipelines and liquefied natural gas through to refineries, and from conventional power and renewable energy to nuclear power and mining. It discusses the most important financing techniques, including reserve-based lending, project finance and high-yield bonds. This new book answers the need for a comprehensive guide for financing in these sectors and is written by leading practitioners from their position at the centre of transactions in this moving market. It provides invaluable insight into the challenges faced by modern practitioners and how these challenges are addressed against the backdrop of highly volatile oil, gas and other commodity prices, as well as the need to find ways of financing huge investment into renewables and nuclear energy necessary to control carbon emissions. The book is co-edited by oil and gas financing expert Huw Thomas and renewables and conventional power expert Antony Skinner. Contributions are made by leading practitioners from Milbank, Clifford Chance, Infrastructure Development Partnership, Arntzen de Besche and Ashurst. Energy and Natural Resources Financing in Practice is aimed at executives in energy and resources companies, as well as bankers and advisers involved in these sectors. The content and style is accessible to those who are new to these sectors, but the level of practical insight is valuable even to the most seasoned executives and professionals. This title is a useful introduction to these sectors and a day-to-day reference point for those working on transactions.

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The European Union Trade Mark (EUTM) system allows brand owners to protect and enforce a trade mark in every EU Member State through just one registration. EUTMs were previously known as Community Trade Marks and this unique trade mark registration system has revolutionised the way brands are protected in the EU. 2016 sees substantial changes to the EUTM system, not least the change of name. This practical guide describes how the EUTM system works following those changes, including: what can be protected; how registrations are obtained and maintained; the many potential obstacles to registration and how to overcome them; and the rights given by a registration. In addition it explains the specific and peculiar features of the EUTM system, such as seniority and conversion, and covers the link between EUTMs and the Madrid Protocol. 'The European Union Trade Mark' will be an invaluable reference tool for anyone involved in brand protection, including trademark attorneys, intellectual property lawyers and in-house counsel working in private practice or in international businesses, both within and outside the EU.

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Repo and stock lending are now global markets, covering a huge variety of underlying assets and encompassing an ever-widening range of participants, each with a different set of motivations. Their use has increased exponentially since the financial crisis began, and the markets have become more sophisticated and accessible. This practical title features contributions from leading industry participants as well as lawyers who practise in this diverse field. The content gives an overview of the respective markets and examines products ranging from vanilla bilateral transactions to agency, tri-party, cleared and structured transactions. It also includes specialist chapters on legal and regulatory issues, documentation, regulatory capital, tax and accounting. Together, the contributors provide in one volume a comprehensive overview of all aspects of the repo and stock-lending markets. Whatever your role and whether you are new to the markets or a seasoned practitioner, this commercially focused title will serve as an invaluable reference tool and provide you with holistic insight into the business and law of repo and stock lending.

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This is a major work providing a country-by-country analysis of African oil and gas. The book details the oil and gas frameworks and the key concerns in the most significant jurisdictions including traditional producing countries such as Libya, Algeria, Angola and Egypt, and more recent areas with significant potential such as Sudan. Topics addressed include the key terms of the petroleum laws, the types of legal arrangement in place (eg, concession agreement, production sharing contract or service agreement), the fiscal terms, the acquisition of acreage, governing law, dispute resolution mechanisms and governmental control. Covering 26 countries in total, this book features contributions from a variety of leading experts in the industry, including from ministries of petroleum, national oil companies, international oil companies, law firms and consultancies. This unique new work provides a wider understanding of oil and gas law, contracts and regulations within the African continent.

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Generating energy from waste is an attractive solution, as governments around the world grapple with the challenges of providing energy security, mitigating carbon emissions and disposing of increasing waste volume. It offers the possibility of recovering energy from resources that would otherwise be landfilled and contributing to renewable energy generation capacity. A number of different technologies are available, but developing waste-to-energy projects can be complex and can sometimes meet with public opposition. Successful delivery of a waste-to-energy project requires careful structuring and a good understanding of how both the power generation sector and the waste management industry operate and are regulated. Understand this increasingly important and diverse sector with this authoritative title, which features contributions from operators of energy-from-waste plants, engineering firms that have built energy-from-waste plants, consultancies and law firms. Chapters are written by practitioners with many years of experience of working on energy-from-waste projects. The book covers the policy framework within which the sector operates in the United Kingdom, the main technologies currently available, the main issues that need to be addressed when developing a project (eg, structuring, site selection and planning), construction issues and issues for funders and investors, as well as key commercial issues such as securing feedstocks and exit routes for outputs. The focus is on the practical elements of energy-from-waste projects, to help you advise your clients on their actual concerns. The book provides a thorough insight into the practicalities and complexities of developing and operating an energy-from-waste project and forms a useful source of reference for anyone involved in the sector, including lawyers, financiers, developers, engineers, consultants and accountants.

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In turbulent economic times, employee share plans have remained an important part of the corporate landscape for both listed and non-listed companies. Using employee share plans can conserve cash for cash-strapped companies. In some countries tax benefits can be achieved for employees and tax savings for employers. Many companies choose to extend their employee share incentive plans internationally, either on a discretionary basis to senior executives or under all-employee arrangements. In many cases such plans act as a corporate glue; helping to enhance a shared corporate identity and motivating employees to work more productively. At the senior executive level, share plans can be used to align the interests of shareholders with decision-making executives. Whatever the arrangement, companies need to consider various issues before extending their employee share plans in this way, including securities laws, tax and social security aspects (for both employee and employer), the position of internationally mobile employees, reporting and withholding requirements, exchange control issues and employment and data protection laws. This fully revised and expanded second edition features contributions by leading experts from 32 countries, including new chapters on Italy, Japan, Luxembourg and South Africa, setting out in just one volume the important legal and tax issues to be considered when operating employee share plans internationally. This major text will assist legal, tax and HR professionals in multinational companies, and the private practice advisers working with them, in extending their employee share plans globally.

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Public-private partnership (PPP) projects have been used throughout the world for many years to facilitate major public projects. Post credit crunch, many governments remain committed to this form of finance as part of their strategy to stimulate their economies and maintain public services. This wholly updated second edition once again examines from a commercial perspective the major sectors where PPP structures have been successfully employed. The second edition features new chapters on social housing, waste management and the use of PPP across continental Europe. Leading practitioners analyze structures and topical developments, and address overarching issues such as the role of financing institutions and EU procurement rules. If you need to understand the latest techniques relevant to a particular sector in PPP or to understand how responses developed in jurisdictions where PPP is firmly established might be applied to new markets, this book will be an invaluable tool in your research. This forthcoming new edition is essential reading for in-house and private practice lawyers, facility managers, technical advisers and those working in government departments and agencies.

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Pension scheme deficits are rarely out of the headlines. Never in their history have they enjoyed their current notoriety, nor has their importance been more apparent. Over 10,000 pension schemes provide pension benefits that are designed to replace a proportion of the recipient's salary when they retire. These schemes are the flagship of the occupational pensions system - many are in deficit, some severely.This new book is designed to take the reader through how this has come about and what is being done to rectify it. The book includes contributions from leading practitioners in their field, who are grappling with the often highly complex issues that deficits produce on a day-to-day basis, in an accessible and understandable format. Featuring practical analysis on a wide range of issues - from traditional methods of addressing a deficit, alternative methods of funding deficit reduction, investment and employment considerations to the Pensions Regulator and the Pension Protection Fund, the emergence of an alternative buyout market and corporate governance - this new book provides you with the only comprehensive guide to dealing with pension scheme deficits in your practice.Aimed at a broad cross-section of the pensions market, this book is of great practical use to all who have to deal with a pension fund deficit. Trustees, corporate officers and stakeholders, from chief financial officers and finance directors to pension managers, and the entire range of advisers - accounting, actuarial and legal - will find the book of interest and practical use.

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The Cyprus International Trust Law was originally enacted in 1992 and amended in 2012. It is a modern and flexible piece of legislation expressly addressing the needs of international families relying on Cyprus to arrange their wealth. At the same time, Cypriot resident families can apply the Trustee Law 1955, which is based on English law, to govern their trusts. Trust Laws in Cyprus reviews both of these laws and places them in an international context, pointing out the solutions available on the island for wealth management, estate planning and asset protection purposes. Authored by well-known experts in this field, chapters specifically analyse the relevance of Cyprus trusts where settlors wish to retain certain powers, arrange their succession in a more flexible manner than would be possible under forced heirship provisions, or protect heirloom assets from creditor claims. The book also covers the taxation of Cyprus trusts, both international and domestic, and the functioning of the UBO register of trusts under the 5th EU AML Directive. This title is the only systematic review of the Cyprus trust laws in English. It will be an invaluable reference work to help lawyers and other private client advisers structure their clients' wealth. It will also assist professional trustees involved in the administration of Cyprus trusts, and be useful for accountants and tax advisers in relation to the tax treatment of various types of Cyprus trusts.

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Throughout the COVID-19 pandemic, opportunities for distressed-debt investors continued to appear in the European market despite high numbers of state-backed loans and financial injections from EU member states. Such opportunities are set to increase significantly as this financial assistance is gradually withdrawn, and especially in light of the EU Directive 1023/2019 on Preventive Restructuring (the ‘Restructuring Directive’), which gives a more central role to distressed creditors who will benefit from more flexible pre-insolvency instruments with a broader scope. This second edition, co-published with TMA Europe, provides an overview of the European distressed-debt market and covers, among other topics: non-performing loans; direct lending; and restructuring and workouts. It explores these subjects from a pan-European viewpoint and includes a comprehensive analysis of how the Restructuring Directive has been implemented. Chapters have been written by leading experts in the field, supported by consulting editors Ignacio Buil Aldana and Patricia Alvarez Alonso, partners in the restructuring, insolvency and special situations team at the London office of Spanish law firm Cuatrecasas. Whether you are a lawyer in private practice or in-house, a financial adviser or an investor, this practical guide will provide you with invaluable insight and a better understanding of the commercial and legal complexities involved in the European distressed-debt market.

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Trust disputes can be tremendously costly, in terms of legal fees, hiring experts and lost opportunity costs, as well as the costs attendant with the often emotionally charged atmosphere that can pit family members against one another. Despite the high toll, trust litigation continues to increase around the world – both in the number of matters being initiated and the amounts in controversy – as trust instruments become increasingly important vehicles in the management and transfer of wealth of various sizes. Preventing a fire is substantially less costly than fighting one. Identifying and appreciating the potential causes of trust disputes puts settlors, trust officials and beneficiaries in the best position to prevent a dispute from developing or accelerating. This Special Report examines the causes of trust disputes and explores the steps that settlors, trustees, beneficiaries and others can take during each stage of a trust’s lifecycle – design, execution, administration and termination – to reduce the risk of sparking a dispute. Supported by real world experience and input from leading international trust practitioners, including estate planners, general counsel and experienced trust litigators, this Special Report delves into key concepts such as: thoughtful design of a trust’s governance; incorporating flexibility and adaptability into a trust structure; the need for constructive communication and engagement between fiduciaries and beneficiaries; practices and procedures trust officials should consider implementing in trust administration; and how trustees and beneficiaries can avoid adding fuel to the fire once a dispute arises. The authors also examine the benefits of involving different perspectives, including those of experienced trust litigators, at various stages of the trust’s lifecycle, and offer practitioner insight into the measures and approaches both fiduciaries and beneficiaries should consider taking when a dispute first presents itself. Filled with real-world practitioner guidance, perspective and insight on issues of critical importance to fiduciaries, trust officials and beneficiaries alike, this Special Report is essential reading.

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Partner compensation and how partners share profits is central to the cohesive fabric of any professional partnership. While one adage says that “there are as many profit-sharing systems as there are partnerships”, there has recently been the emergence of a global practice about what “merit” means and how risk and reward are shared among partners in professional service firms. In The Partner Remuneration Handbook, Michael Roch and Ray D’Cruz provide guidance for senior partners, managing partners, partnership boards, remuneration committees and others involved in the partner compensation process (department heads, CFOs, HRDs), on designing effective profit-sharing systems, reaching fair reward decisions efficiently and implementing motivating contribution management processes. Filled with practical insights, this book draws on principles of partnership, motivation and incentives in human capital management, and executive compensation in closely held businesses. Looking beyond the numbers, the authors balance the big picture with a detailed how-to for any professional partnership irrespective of geography, size and maturity. This title encompasses three core elements: Exploring the different partner reward systems found in most professional firms. Showing how partnerships define and discuss partner contribution commitments that further the firm’s overall strategic, operational and financial objectives. Providing decision-making guidance about marrying reward to performance and on Remuneration Committee governance. It also addresses a myriad of special topics, such as rewarding partners in management roles, and provides a proven approach for how firm leaders can take partners with them on the journey of evolving their partner compensation system.

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Intellectual property has always played a key role supporting the protection and exploitation of technology and brands of businesses operating in the energy sector. The management of IP is arguably more important than ever as we transition to more renewable energy sources and reduced emissions, and see an energy market increasingly disrupted by start-ups challenging the dominance of the traditional oil and gas majors. This Special Report looks at the challenges and opportunities that intellectual property issues present for different areas of this broad and rapidly changing sector, including: Upstream: exploration and production of hydrocarbons across the full lifecycle of oil and gas fields. Downstream: oil and gas processing technology and resulting differentiated fuel and lubricant products. Renewables: a look at the role of IP in supporting renewables businesses, with a spotlight on a solar start-up. Digitalisation: the transformational impact of artificial intelligence and machine learning on the sector as a whole and how IP rights underpin this. Standard Essential Patents: how patents on wireless interoperability, at one time solely the domain of the telecoms industry, are increasingly applicable in the energy sector, and the licensing challenges this raises. Brand and reputation: how energy businesses seek to protect and exploit their brands and reputations as well as their technology, in order to differentiate themselves in an intensely competitive market. This report is essential reading for legal advisers and anyone in a commercial role dealing with the energy sector who is seeking a deeper understanding of the vital role intellectual property plays in shaping and achieving business objectives.

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The rule of law is sometimes expressed as 'no person is above the law'. A more comprehensive description of the concept has been elusive for generations of scholars, lawyers and judges. What does the phrase mean? More specifically, what does the rule of law mean in the context of 21st century issues and challenges? Professor Robert A Stein, Justice Richard J Goldstone and CEELI Institute Founder Homer Moyer are the distinguished editors and authors of the second edition of The Rule of Law in the 21st Century, published in association with the International Bar Association. Joining Stein, Goldstone and Moyer is an array of internationally distinguished leaders of the legal profession from North America, Europe, Africa and the Middle East to explore the meaning of the rule of law today in a variety of circumstances. The book examines the concept of the rule of law from a variety of perspectives, beginning with the basic principles and all-important definitional issue of what the term "rule of law" means, and includes fully updated chapters covering the independence of the judiciary and the internationalisation of the rule of law. The second edition also contains several new chapters, including: War crimes and genocide: ultimate violations of the rule of law; Addressing the problem of corruption that threatens the rule of law; The rule of law and inequality of women in the US judiciary; Thirty years of rule of law learning; and Chapters describing law reform programmes that have strengthened the rule of law around the world in recent decades. The rule of law is humankind's best hope for freedom and justice. The second edition of The Rule of Law in the 21st Century gives us a better understanding of this important concept in the world today.

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Client loyalty is increasingly difficult to earn and sustain. Furthermore, heightened focus by clients on efficient, cost effective and innovative service delivery – while trying to do more in-house and through automation – makes it more difficult for law firms to remain a dominant firm of choice. Added to this, firms are seeing growing numbers of RFPs and increased competition from law companies, technology providers and clients themselves. Written by management consultant veteran of 35 years, Susan Saltonstall Duncan of RainMaking Oasis, this Special Report addresses the key components of building superior client relationships that result in greater loyalty and long-term success. Featuring case studies and insights from leading companies and business professionals responsible for law firm selection and oversight, it covers legal operations, innovation and client development, and includes a wealth of practical suggestions. The report contains five core sections: •The loyal client framework, which looks at customer experience and clients as loyalists; •A roadmap, getting started and staying on the right foot with clients, which deals with trustworthiness, client feedback and dealing with difficult clients; •Developing loyal client relationships, in-person and remotely, covering remote relationship development, key client teams/account management and succession planning; •Earning loyalty through value, innovation and collaboration, including aligning value, convergence, cross-selling and diversity; and •An appendix with tips and multiple checklists. This title will prove useful to lawyers, law firm leaders, client relationship partners and managers, and all business professionals that support firms in delivering superior service to clients. Moreover, it will assist lawyers to stay relevant and valuable through deeper understanding of a client’s needs, enabling them to become a trusted business partner, build and oversee collaborative teams and implement innovative delivery models and tools.

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Beneficial ownership registers were introduced in the European Union (EU) under the 4th and 5th Anti Money Laundering Directive, with the ultimate goal of promoting increased transparency in the financial markets. Nevertheless, public access to the beneficial ownership information of companies and other legal arrangements, such as trusts, raises significant issues in relation to each individual's fundamental right to privacy, and consequently many EU member states are still struggling to strike the right balance between transparency and privacy. As a result, the implementation of beneficial ownership registers has been delayed in many EU member states and different legislative choices have been made in the various jurisdictions. Since beneficial ownership registers do not only apply to entities incorporated or administered in an EU jurisdiction, but may also extend to foreign entities with some business connection to that jurisdiction, it is essential to master these differences. This book, co-published with STEP, the world’s leading organisation for private wealth professionals, provides an in-depth analysis of the beneficial ownership registers legislation in a number of EU jurisdictions as well as in the UK, which pioneered it with the creation of its own ‘PSC Register’. It also looks at similar initiatives being experienced in some leading international financial centres as well as in the US. It includes coverage of: The functioning of beneficial ownership registers in selected EU jurisdictions; The differences between the beneficial ownership registers for companies and those for trusts, which are maintained in many EU member states; Practical comparisons on the possibility for individual beneficial owners to apply for their personal information to be withheld from public access; The ways of complaint in case such an application is not accepted; and Special cases such as the treatment of an EU company controlled by a trust or a foundation. The first to comprehensively approach this topic, this title will benefit private client advisers (lawyers, notaries, accountants) and family officers whose clients have business interests in the EU. The registration of the details of beneficial owners has become a new variable to be considered in any estate planning or asset protection exercise and more generally in any circumstance where a company or any other legal arrangement is created. It is therefore essential reading for anyone involved in any of these fields.

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Virtually every business is involved in advertising and marketing in one form or another. However, advertising is subject to a complex and often daunting web of law and regulation. Although in many cases there have been attempts to harmonise relevant laws, there are still significant national variations. Furthermore, in recent years digital marketing and targeting methods have changed the face of the advertising industry beyond recognition. Updated for 2020, International Advertising Law addresses the relevant law and regulations, as well as setting out practical considerations. The book covers key areas of advertising law such as local complaints procedures and enforcement, comparative advertising, influencer campaigns, sales promotions, ambush marketing, product placement, direct marketing and online behavioural advertising. The book also addresses the particular requirements in certain industries that are subject to specific advertising regulations (eg, gambling, alcohol, pharmaceuticals, financial products/services, food and tobacco/e-cigarettes). Edited by Paul Jordan, partner and head of advertising and Andrew Butcher, senior associate at UK law firm Bristows, this book includes chapters from leading experts in 30 jurisdictions. This new edition of International Advertising Law is essential reading for lawyers, in-house counsel, advertising executives and anyone else involved in the advertising/marketing industry. The book serves as an invaluable and straightforward guide to navigating these complex legal and regulatory regimes.

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Is outsourcing right for your law firm? Law firms of all sizes are discovering opportunities from outsourcing some of their core operating functions that have traditionally been performed in-house. This Special Report outlines a highly firm-specific approach to identify and prioritise the components of a business case for outsourcing, as well as in-depth examinations of three representative types of outsourced services that are available to law firms: *Patent research; *Cybersecurity; and *Large-volume document review. It will examine their potential impacts on a law firm's bottom line, and the frequently encountered management challenges in a law firm's relationship with its external service provider. It concludes with a look at the future of outsourcing in the legal services industry. Edited by Norman K Clark, this report is a step-by-step guide to a well-informed outsourcing decision as well as a roadmap for implementing it in a way that produces the best return on the law firm's investment of management attention and resources. It will be of interest to anyone considering the option of outsourcing their core legal service functions, including small and mid-sized law firms, both those in general practice and specialised boutiques.

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The role of General Counsel has never been more demanding: cuts on spending and doing more for less; a demanding board and Executive Committee; and a plethora of law and regulation. This Special Report, by Ian White and Simon McCall, seeks to help address some of these challenges. By guiding you through the first 100 days in a significant role, it will show you how to navigate between acting as wise counsel to management while leading your team successfully. It also covers: working with the board; coaching; developing a legal strategy; taking on the company secretarial role; and developing your career within legal and beyond. This Special Report is a must-read for any current or aspiring GC, in-house legal teams, HR directors, CEOs and private practice lawyers who wish to know what to expect from the in-house teams.

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In-house legal teams are under more pressure than ever to add value to their organisations. This Special Report combines the rigour of Harvard research with a pragmatic focus based on input from hundreds of General Counsels, in-house lawyers, CEOs and board members to show why and how legal teams work across silos – what we call ‘Smart Collaboration.’ It includes the business case, practical tips, case studies and tools to help legal teams master the four essential ‘vectors’ of collaboration: 1.Within legal: the full potential of legal and non-legal talent. Rethink hiring and onboarding. Collaborate across countries and cultures. Elevate leadership skills and engineer work to make time for collaboration. 2.With the business: create more innovative, strategic solutions by partnering with business leaders. Proactively engage with the board and c-suite to deliver value. 3.Across functions: integrate with other departments (Finance, R&D, HR, etc.) to create more holistic solutions that capture opportunities, lower risk, and improve the employee and customer experience. 4.Externally: co-develop solutions to shape regulatory agendas and inform public discourse. Maximise value with outside counsel and other third-party legal providers. Vetted by dozens of General Counsel and in-house lawyers, this report will benefit all members of in-house legal teams and those who work with them (eg, executives, heads of other corporate functions, recruiters and consultants). Partners and leaders in law firms will also gain from a deeper understanding of their clients’ operations and aspirations.

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This Special Report will show you how to build a stronger public, professional profile in order to attract opportunities, enhance career progression and win new business. At the end of the report, you will have put together your own practical, personal profile plan and will be able put it into action. With so much information available about professionals online, it is essential to actively manage your own profile and not leave it to chance. Most lawyers do not manage their professional reputations and so there is clear opportunity, for those who do, to become much better known, enhance their career progression and win business through strong reputation and new opportunities. However, with all the information clutter out there, how do you stand out in the market place? This report will address: •Why it helps to have a strong professional profile; •Why people choose to work with you and what influences their decisions; •How you present yourself and build your personal brand; •What psychological tools you can use to build your network; •How to enhance your public credibility; •Practical activities to raise your profile; and •How to avoid damaging mistakes. Building your Professional Profile will help any lawyer seeking to build a professional profile to win work and open up more business opportunities. It will also be of value to lawyers wishing to progress their career, whether by becoming a partner, gaining promotion or moving firms. Those wanting to build credibility in the marketplace, or with clients and colleagues, will also find it beneficial.

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The implications of rising greenhouse gas emissions is an issue of major public and political interest – a position reflected in the UK’s 2019 legislative commitment to be “Net Zero by 2050”. This Special Report explores the central themes arising from the low carbon energy transition and explains why the challenges faced in delivering Net Zero should not be underestimated. It sets out how the road to Net Zero will involve a repurposing of not only our energy system but also our own behaviour. With a focus on power generation, the report also describes how moving from 53% to 100% ‘low carbon’ power generation in 30 years will require investment in renewable technologies at an unprecedented level. Key questions examined in the report include: •How important is renewable technology to global and UK energy supply? Have renewable projects been successful in stabilising harmful levels of greenhouse gas emissions? •What is the Paris Agreement and Net Zero policy, where did they come from and how realistic are their goals? •What are the UK’s main generation technologies? What policy drivers determine investment in renewable technology? •What new technologies will be required to deliver Net Zero? Written with both the lawyer and non-lawyer in mind, this report will appeal to those with an interest in the energy sector as well as those who are enthusiastic about the implications of the radical Net Zero ambition on the energy system as a whole.

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Many of the innovations and ideas that legal teams need to embrace – such as those relating to project management and use of technology – have already evolved within the wider business environment. Despite this, many general counsel and other legal leaders report that they feel unprepared to tackle key business challenges and concepts. Business Thinking in Practice for In-house Counsel: Taking Your Seat at the Table takes a practical look at key concepts from influential business theory and illustrates how these are applicable to managing or working in an in-house legal department. Topics covered include purpose, culture, talent and innovation, all of which intersect to provide the structure and framework for legal teams to create a competitive edge. Each chapter features an interview and case study with a general counsel and/or legal team to demonstrate how business concepts can be used in-house most effectively. The author, Catherine McGregor, has engaged with the in-house legal market for many years as a journalist, consultant and commentator. During this time she has built close relationships with leading general counsel around the world and has observed first hand how the role of general counsel has changed and continues to change. Business Thinking in Practice for In-house Counsel is packed with lots of real-life examples and makes essential reading for any general counsel or senior in-house lawyer seeking to develop their business skills and maximise their team’s success.

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This Special Report focuses on improving lawyers' performance in one of the most challenging areas of their work: pitching for business. In today's competitive market, making your work stand out from the crowd is essential - not only for winning new business but also for the future success of your firm. Whether pitching to a group, responding to a tender or having a one-to-one meeting, the ability to deploy a combination of effective marketing communication techniques, in-depth audience analysis and meticulous preparation will improve the quality of your pitch... and increase your success rate. This must-read report takes a practical approach and offers a clear process for improving your pitching and responses to tenders. It covers key topics such as common mistakes, audience analysis, message and tone, persuading, what research really means when pitching, visual differentiation, and cross-border pitching. It also includes feedback and case studies from in-house lawyers and partners who have seen the most outstanding - and worst! - of pitches.

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The petroleum industry is highly specialised. Over the centuries, the industry has developed a large number of standard petroleum regulations, arrangements and contracts that are not necessarily familiar to all across the industry and even less to the outside world. Each regulation/arrangement/contract has its own detailed terms and provisions and experts in this industry tend to be focused on specific phases from such complex industry. This updated edition provides the unique combination of an encyclopaedia with commentary for the entire chain of petroleum activities. The encyclopaedia deals exclusively with upstream activities. First, it deals with all types of petroleum title with the host government (eg, concession agreements, production sharing agreements and service agreements). Second, it covers all the relevant consortium agreements between investors (eg, joint bidding agreement, joint ventures and joint operating agreements). It also deals with the relevant players in the sector varying from the international oil company to the national oil company; the relevant regulations in the sector (eg, petroleum law, fiscal terms, health, safety and environment and procurement) and the key mechanisms for raising funds in the upstream sector. Lastly, the book covers acquisition mechanisms with government authorities and private parties, and the key issues concerning governing law and dispute resolution. This new edition provides additional sections on (i) international laws and treaties with direct impact on the upstream sector, (2) anti-corruption laws and practices, (3) corporate and social responsibility, (4) oil and gas service contracts, (5) confidentiality agreement, among others. This encyclopaedia will serve as a valuable tool for lawyers, professionals in industry, consultants, academics, engineers, geologists who are interested in understanding the key legal terms and provisions of the oil and gas industry.

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Law firm leaders must do more than react to change: they must anticipate market dynamics and create a culture that allows their lawyers and their firm to proactively shape the environment. Law firms face unprecedented complexity, increased competition and demands for transformation; yet, lawyers' taste for autonomy and their need for intellectual challenge makes leading them especially demanding. As a result, leaders must ensure they have the right skills including the ability to listen, coach, innovate and support change. This second edition, coordinated by Rebecca Normand-Hochman and Dr Heidi K Gardner on behalf of the International Bar Association, explores the crucial elements of law firm leadership. New and updated chapters by prominent experts in the field include: *Leading partners to collaborate: featuring case studies and research to support behavioural change efforts, this new chapter highlights how lawyers' unique personality profile can inhibit change - and how leaders can productively manage this obstacle. *Leading the M&A process: having helped both smaller domestic and massive global law firms to successfully complete combinations, the authors reveal the critical steps leaders need to follow to gain partners' commitment to the hard work ahead. *Leadership succession: based on work with 150 law firms, this new chapter contains checklists and tools to help handle typical 'pain points', such as incentivising partners to cede control. Further chapters address how to lead productive business development efforts, global and virtual teams, the Millennial generation, and much more. Providing insights and practical guidance, this edition demonstrates how law firm leaders can enhance their leadership capabilities, whether their firms are small or large, domestic or global. Additionally, it is a vital resource for developing talent in legal professionals and consultants. Further, by highlighting the benefits of developing leadership skills early on, the book will be of interest to junior lawyers seeking to develop their careers.

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The business of running a barristers’ chambers has changed immensely over recent years. The traditional image of chambers has been, in many respects, confined to the past and they are now, in large part, run as modern, highly efficient, businesses often with an international reach. The role of the barristers’ clerk continues to be vital to managing and developing the practice of independent sole practitioners operating under the umbrella of a chambers. However, the ever-changing face of the legal profession has necessitated that clerks, and chambers, adapt to the fresh demands of the new business environment. In addition to the now multi-faceted role of the clerks, the management and administrative structure of many chambers today often includes CEOs, accountants, HR and marketing teams. This practical guide, edited by David Barnes, Chief Executive & Director of Clerking at Atkin Chambers, provides readers with in-depth insight and advice into the management of chambers including business strategy, practice management, international development, talent management and compliance. The book features chapters from some of the most prominent clerks and CEOs currently working within the world of the Bar, as well as experts in accounting and recruitment.

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This special report focuses on law firms' gender pay gaps with statistics from the top 50 law firms. This follows the new UK government regulations that came into force in April 2017 which required statutory reporting of the gender pay gap for the first time. The report analyses what individual law firms are doing to fix the gender pay gap, including work allocation, mentoring, maternity support, parental leave, women's lawyers networks with analysis from HR directors and lawyers. The report also analyses the tricky question of whether equity partners' should also reveal their pay gap and the individual choices taken by leading city law firms. It also includes coverage of the Business, Energy and Industrial Strategy Select Committee on what action is being taken to address the gender pay gap and comment from the TUC.This cutting edge new report will be essential reading for law firm management and every practitioner interested to understand the gender pay gap in law and how women can be supported in their roles.

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Oil and gas are key drivers of the world economy and the technical, commercial and legal applications which support their exploitation are becoming increasingly sophisticated. This new third edition of our best-selling title outlines in a single volume the essential principles involved in documenting oil and gas transactions, from the upstream exploration phase to transportation by pipeline and liquefied natural gas to sales and marketing. It is intended as a practical guide for anyone seeking a better understanding of the commercial and legal principles involved. Edited by Renad Younes, Partner at international law firm Ashurst, the fully updated third edition features contributions from leading practitioners including experts at Dentons, King & Spalding and Ashurst. Whether you are a lawyer in private practice or in industry, a commercial negotiator or from a financial institution or energy advisory practice, this title will provide a comprehensive insight into the oil and gas business.

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In recent years solar power has been on the march. Since the millennium global solar power generation capacity has grown from 1GW to 300GW and the growth curve is not linear; the last five years have seen a marked acceleration as technologies become more efficient, manufacturing prices come down and more countries adopt low carbon regulatory policies in which solar power can play a key part. China alone saw an increase of installed solar power capacity of 33GW in 2016 and the China PV Industry Association predicts an additional 20-30GW of growth by the end of 2017. The solar power market’s dynamism is matched by its complexity. As well as advances in technology and manufacturing processes, and variations in how the technology is deployed, the regulatory and fiscal policies adopted in individual countries can vary widely. However, some common themes have emerged and the potential for further growth in solar power can perhaps be better discerned now than when the market was in its infancy. Solar Power: A Practical Handbook provides an in-depth analysis of various aspects of solar power including its commercial, technological and regulatory characteristics. It also provides a practical guide to developing, financing, acquiring and disposing of solar power projects. Whilst being a technology which has been adopted on a global basis, each jurisdiction has its own dynamics, so the book considers the market-specific aspects of solar power in a number of key locations including China, Japan, the US and others. The book concludes with a look at the future of solar power; its place alongside distributed generation, smart grids and power storage and the technologies, opportunities and challenges for the future. This book, featuring chapters by leading practitioners, will be of interest to lawyers, commercial managers, financiers and other consultants.

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Joint operating agreements (JOAs) are well-accepted standard agreements in the oil and gas industry which regulate the relationship between the parties to a joint venture: the operator and the non-operator. Traditionally, the operator is responsible for performing operations on behalf of the consortium, while the non-operator is responsible for contributing to the financial commitments of the joint venture. However, due to the strong position typically maintained by the operator, this structure does not always accurately reflect the non-operator's position. Unbalanced agreements can create uncertainty, increase the risk of litigation and even jeopardise the very existence of the consortium. Therefore, it is essential to understand the position of both parties in order to ensure a fair and reasonable negotiation, and this fully updated second edition provides an in-depth analysis of the JOA from the perspective of the non-operator. Coverage includes an examination of the relationship between operators and non-operators under general law, and an analysis of the critical issues facing non-operators in a JOA. In addition, this book reveals how a non-operator can seek to protect its interests - initially through tight control of operations and expenditures, and ultimately through adequate remedies to remove the operator and/or restrict its liability. Further, this edition provides recommendations to address these concerns and also includes the JOA model form from Mozambique as well as reviews of other JOA model forms explored in the first edition. JOAs are relevant to law, finance, human resources and operations. This book provides invaluable practical guidance for in-house counsel, private practitioners, executives, academics, international oil companies, national oil companies, independents and anyone interested in investing in the upstream sector. JOAs are relevant to law, finance, human resources and operations. This book provides invaluable practical guidance for in-house counsel, private practitioners, executives, academics, international oil companies, national oil companies, independents and anyone interested in investing in the upstream sector.

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With growing numbers of independent schools (pre-school, primary and secondary), vocational colleges and universities seeking to establish themselves internationally, this new text focuses on the complex legal and regulatory requirements of setting up an educational institution overseas. As these institutions expand into the global arena – where there is a preference for adopting the UK model, supported by government contracts and foreign investment – traditional advisers to the independent education market increasingly need to understand the multi-disciplinary aspects of setting up abroad. Therefore, this book will make essential reading for all lawyers, accountants and school governing bodies involved with international expansion. Private equity investors, who need to understand the due diligence process specific to this sector and the structuring of their partnerships with potential ‘sister schools’, plus commercial property and real estate consultants involved in the actual building of overseas institutions, will also find this book invaluable. The content examines market viability, the challenges of managing an international educational business, business plans, sustaining relationships, IP issues, data protection, international employment matters, tax considerations, brand protection and corporate structure. There is also a detailed country-by-country comparative analysis which is intended to inform the decision as to where to set up an educational establishment overseas. The text is further enhanced by numerous case studies. In summary, this comprehensive handbook will provide a trusted guide for legal and business markets to the risk profiling, structural analysis and regulatory compliance issues that face all educational organisations seeking to establish themselves internationally.

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Since they were first developed in the United States, real estate investment trusts (REITs) have become a global phenomenon, offering tax advantages for property companies who choose to convert to REIT status and opening up large-scale real estate investment opportunities to retail investors."Real Estate Investment Trusts: A Global Analysis", is the only volume to cover REITs and significant property funds in 12 jurisdictions.Written by specialists in this field, each chapter sets out the rules and regulations governing REITs, their tax treatment and how they contrast with other property funds in the jurisdiction. Each chapter adopts the same format for ease of reference, covering key concepts such as tax, investor limitations, distribution requirements, gearing, conversion charge, treatment of offshore investors and related issues.This major work provides an invaluable guide for anyone dealing with cross-border real estate investment to the local application of REITs in all major REIT jurisdictions and how they differ from other property funds.

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Since the term 'BRIC' was coined by Jim O'Neill of Goldman Sachs- and initially dismissed by many as mere hype- it has become a ubiquitous financial term. At the time, it was predicted that by 2041- subsequently revised to 2039, and then to 2032- Brazil, Russia, India and China would become the future pillars of the 21st century, easily surpassing the six largest western economies. The ongoing global crisis has forced the world to look for opportunities outside traditional economic strongholds. Meanwhile, the BRICS- now also including South Africa- have evolved as a cohesive bloc with certain common features: a robust banking system, spectacular growth rates, a young population and, for several, mineral wealth. The Chinese economy, at about $5.9 trillion, has become the second largest in the world; at about $2.52 trillion, the Brazilian economy leads the United Kingdom's ($2.48 trillion). In demographic terms, the BRICS are also home to the world's two most populous countries. The BRICS markets will present tremendous growth opportunities in the coming years, and one day might comprise a bloc resembling the European Union- albeit geographically separate. They are now holding formal BRICS summits to discuss a range of issues, including closer cooperation on energy, food production, trade, investment, science, technology and infrastructure. This book, featuring a Preface by Jim O'Neill of Goldman Sachs Asset Management, provides an overview of the BRICS nations. Each chapter is authored by experienced lawyers, who provide insights on demography, political and legal systems (including investment regulations, competition policies, IP laws, taxation and labour laws) in a clear and comprehensive manner. The book serves as a preliminary and practical guide for lawyers, investors, corporations and entrepreneurs regarding the mode and methods of doing business in these jurisdictions.

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Judges are increasingly aware that the best way of enhancing public confidence in court systems is not only by providing a quality service but doing so compassionately and respectfully. The art and craft of judgment-writing is a critical element of this process. This book looks at the judgments of historically great judgment-writers from the US, UK and wider common law world (in particular Australia, Canada, India, Ireland, Israel and New Zealand). It is written not from the perspective of what the author can teach but with the aim of identifying essential elements of good judgment-writing in great judgments and insightful commentary. Written by Dr Max Barrett, a judge of the High Court of Ireland, individual chapters focus on subjects such as judgment purpose, length, style and structure, concurring and dissenting judgments, judgment-writing for children and vulnerable parties, as well as more general lessons in good writing offered by great authors from Orwell to Twain. Among the lessons to be taken from great common law judges are that: a good judgment possesses an ability to rise above immediate facts and to see a problem in its wider perspective; a sense of empathy/sympathy for those faring badly is always important; and there is nothing wrong with language that is occasionally flowery and ornate; however, the best judgments are crisp and persuasive. A great author such as Mark Twain teaches, for example, that: every element of a judgment should be necessary to that judgment and any unnecessary element excised; any person or event included in a judgment should be included for a reason; and a judge should always use the right word for what she wants to state, ‘not its second cousin’. This book is intended for novice superior court judges, their more seasoned colleagues and all with an interest in legal writing (including legal practitioners, law teachers and law students). Lower-court judges required to write judgments should find the book valuable; and judges at all levels should find the additional chapter on ex tempore judgments of use.

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The golden age of abundant, easy-to-access oil is over and, as a result, international oil and gas companies must search for new and more complex oil and gas provinces. Moreover, independent companies are adopting an even broader approach as they analyse unconventional plays. The 21st-century oil and gas industry increasingly demands a global approach as companies - both major and small - compete on the international stage. This fully updated second edition of our practical handbook, now in two volumes, takes an in-depth look at the most relevant petroleum provinces, summarising upstream regulation and key concerns in over 30 important and emerging oil and gas jurisdictions. Issues featured include the key terms of petroleum law, the types of legal arrangement in place, the fiscal terms, how to qualify to acquire acreage, governing law, dispute resolution mechanisms, decommissioning and governmental control. As a result, the book provides a comprehensive global resource for upstream investments. New areas of coverage for this edition include Algeria, Ecuador, Israel, Lebanon, Morocco and Oman. Many entities are keen to analyse and assess opportunities all over the world and so this book will appeal to a range of participants, including international oil companies, independents, national oil and gas companies, legal advisers and consultants, who need to understand the general requirements of oil and gas provinces and the respective best practices across the globe.

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In this practical “how to” guide, Bjarne P Tellmann, General Counsel draws upon more than 20 years of leading top legal organisations to provide a structured plan for upgrading your legal team in an age of disruption. The challenge: In an era of exponential change, the role of the general counsel (GC) has become one of the most complex, intense and challenging in the corporate world. GCs, must lead, unify and inspire diverse groups of people across the globe with subtlety and diplomacy. The stakes have never been higher and the consequences of getting it wrong can be existential. GCs must react to these challenges with ever-fewer resources and at a time when the legal profession itself is undergoing disruption. The response: To succeed in this “new normal”, GCs must become their own chief executives. They must lead, communicate, inspire, build cultures, manage talent, formulate and execute strategies, ensure efficacy, anticipate and manage risk and manage quality control – all in addition to being top-notch lawyers. This book gives GCs the battle plan they need to get there in three parts.

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Most people have a straightforward vision of the perfect family business. First, they hope for continued strengthening of the company’s financial and market position so it can support the lifestyle and needs of family members, from generation to generation. Secondly, they wish for family harmony. But life gets in the way. Sometimes family members’ short-term or individual needs can overwhelm the needs of the business. In other cases, family members strongly disagree on the strategic direction, or even on the day-to-day management of the business. These family conflicts, when acted out on the stage of the family controlled enterprise, can seem insurmountable. This new book is a follow up companion guide to Family Enterprises: How to Build Growth, Family Control and Family Harmony. The first volume features chapters written and edited by experts from many disciplines and located across the globe to provide the architecture for enduring, continuing family controlled enterprises. This second volume is intended to provide sustenance to those stakeholders committed to the core objectives presented in the title to the first book. It addresses ongoing issues facing both family shareholder control groups and the enterprises they control that surface in ongoing, mature, successful endeavours. The audience for this book is the owners, directors, managers of, and advisers to, family-controlled enterprises and the families that control them. It assumes that such enterprises have been launched – or at least renewed – as expressly family controlled businesses, or other enterprises.

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'Cash is king’ – and, presumably, will remain king for a long time to come. This viewpoint is even more relevant since the 2008 international financial crisis. Banks are still hesitant to provide credit lines to companies, whether national or cross-border. High interest rates are charged on debt but hardly any interest is paid on credit amounts. More than ever before, companies need to limit both debit and credit amounts. Pooling cash within a corporate group or among a number of companies enables the best use of the funds available at as little cost as possible, thus strengthening the financial position of the companies involved. Cash pooling is thereby a means of reducing the risk of insolvency during difficult economic times. The first edition of this book, published in 2012, was very well received. Since then, there have been a number of reasons to update the information it contains: new case law, new national legislation and recent EU initiatives. Furthermore, chapters on Estonia, Latvia and Lithuania have been added to the already impressive number of jurisdictions covered. This title, published in association with the International Bar Association, draws together leading practitioners from a wide range of countries, who together provide detailed analysis on the provisions in their jurisdiction for cash pooling and insolvency. Each chapter follows the same template for ease of reference; topics featured include specific legal requirements from various perspectives, the liability of company directors, banking requirements, regulatory requirements and tax. This practical handbook is an essential guide for any insolvency professional, in-house counsel or adviser in banking and finance.

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