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The new German Capital Investment Act (Kapitalanlagegesetzbuch, KAGB) that will come into force on 22 July 2013 provides for the implementation of the Alternative Investment Fund Managers Directive (AIFM-Directive) and a number of modifications to the regime...

The Court of Appeal has unanimously decided that it may appoint English administrators to a Jersey company, upon the request of the Jersey Court.  This overturns a controversial decision from just last month, where a formal request from the Jersey Court...

Recent years have seen a significant increase in the use of economic and financial sanctions as a tool of foreign policy, with tightening restrictions, companies under heightened scrutiny and enforcements becoming increasingly frequent and expensive. Against...

Clifford Chance, in conjunction with the Asia Securities Industry & Financial Markets Association (ASIFMA), has conducted a survey of eight key Asian jurisdictions to obtain an overview of the insolvency regimes and resolution powers available in relation...

Following a review of the Equator Principles (EPs), the Equator Principles Association has published the revised EPs, known as EPIII, which will take effect from 4 June 2013. The revised EPs will apply to a broader range of financial products (beyond project...

 We launched Russia Update last year to provide clients with a single guide to major legal and market developments in Russia. In this periodical publication, we will alert you to key legal changes as well as news highlights from the business sectors which...

Australia continues to be the destination of a significant volume of foreign direct investment, and has been ranked within the top 10 most attractive locations for foreign investment globally. Foreign investment in Australia is governed by a complex combination...

The Enterprise and Regulatory Reform Act 2013 has become law and contains various reforms to listed building and conservation area controls.  The Government has also published further details of the proposed permitted development rights to allow...

The Growth & Infrastructure Act 2013 has been passed introducing the latest string of reforms of the planning system aimed at speeding up development and otherwise encouraging economic growth.  One significant change is a new mechanism for developers...

In den vergangenen Jahren hat die Rechtsprechung die Anforderungen an die Wirksamkeit von Vertragsstraferegelungen in allgemeinen Geschäftsbedingungen (AGB) stetig verschärft. Maßstab für die AGB-Kontrolle sind gemäß §...