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Diageo, a company more commonly associated with alcoholic beverages Smirnoff, Guinness and Johnnie Walker in the United Kingdom- held almost 27.8 percent stakes in a company called United Spirits Limited, one of the leading spirits company in the Indian market by volume. A series of share pledges by United Spirits…
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There is a rigorous need for consistency in the market dealing with publicly traded securities as rapid advancements in the legal diaspora can add unwitting complexity to the requirements of the debtors. If the contracts between borrowers and lenders do not outline distinct covenants which comply with the local laws…
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LEGAL FUNCTION AND FRAMEWORK IN ADGM What a year to be investing in the United Arab Emirates! According to statistics published by the International Monetary Fund (IMF) the nation’s GDP hit USD 419,000,000,000 (US Dollars four hundred and nineteen billion) in December 2014 – a 4.8 percent increase on the…
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The financial sector has always been volatile. Yet, the increasing interest it has drawn from public sector initiatives across the globe remain noteworthy. In 2013, the Chinese government introduced the China Pilot Free Trade Zone which was speculated to provide a blueprint for reforming the financial sector. This free zone…
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«Поражающие признаки глобального потепления открыли нам глаза на представление о изменении климата. Тающие снежные вершины, беспомощные полярные медведи, ухудшающееся качество воздуха и повышение температуры мирового океана – все это признаки, оказавшие эффект пробуждения на человеческий разум и вызвавшие разговоры о меняющемся лице нашей планеты». Правительство США расходится во мнении, когда…
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