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  • Following a series of changes to the makeup of the group, pan-Baltic firm Tark Grunte Sutkiene announced it will be rebranding all its offices as TGS BALTIC.
  • The recent news of Puerto Rico's default was a long time coming – it borrowed too much and for too long, and ended up being unable to repay some nearly $70 billion to its numerous creditors.
  • The Brazilian government has been making concerted efforts to eliminate red tape and generally improve the country's business environment. A new package of measures aims to eliminate bureaucratic procedures to reduce the so-called Brazilian cost - the set of structural and economic difficulties that make doing business in Brazil so expensive. The new rules simplify legal requirements for the creation of security interests in Brazil and improve institutional and legal stability.
  • Mobeen Rana, partner at MR Legal Inn, examines the structure of the international arbitration laws in Pakistan and the attitude of the local courts in interpreting them
  • Jan Haizmann, of Corregio Consulting and the European Federation of Energy Traders (EFET), contrasts Turkey’s ambitions to become a regional hub with its strategy to attract investment
  • The lighter side of the past month in the world of financial law
  • The regulator has recently amended its general method for imposing financial sanctions, sending a signal that compliance is key
  • Both jurisdictions have similar rules but also some key differences, including in-scope products and entities
  • The UK High Court’s decision to disregard the votes of a majority of shareholders opposing the sale of their company will likely force those companies using schemes of arrangement to monitor their share register for any unexpected movements
  • In early March of this year, Indonesia's president, Joko Widodo, issued a new regulation laying out his administration's view of the nation's long-term energy policies and priorities. The plan's detail was formulated by the National Energy Board, and was adopted in the prevailing regulation signed by Mr Widodo.