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In a global insurance environment facing change at an unprecedented rate, the London Market’s experience and expertise remains reassuringly consistent. As 2019 promises to continue down this evolutionary path, we offer our predictions on some of the London Market’s priority areas.
Ingrid Hobbs, a partner in our London office, has been confirmed by The Forum of Insurance Lawyers (FOIL) as the Vice President of London FOIL. She will assume the role of President in October 2019.
We are pleased to announce that we are strengthening our insurance practice with five significant lateral partner hires, considerably enhancing our multi-jurisdiction capabilities.
A number of countries including Bahrain, Egypt, Saudi Arabia and the United Arab Emirates (the G4) severed diplomatic ties with Qatar and introduced unprecedented restrictions.
As has been widely reported, on 5 June 2017 a number of states broke off diplomatic relations with the State of Qatar, and severed a number of other links with Qatar.
On 5 June 2017, Saudi Arabia, the UAE, Egypt, Yemen and Bahrain severed diplomatic and trade ties with Qatar.
Case review 16/06/2017
In this case, the Hong Kong Court of First Instance has ruled that a PRC State-owned enterprise was not entitled to invoke Crown immunity against the execution of a charging order of assets in Hong Kong.
On Monday 5 June 2017, Bahrain, Egypt, Saudi Arabia and the United Arab Emirates (the G4) severed diplomatic ties with Qatar and effective 6 June imposed restrictions on Qatar.
Saudi Arabia, Egypt, Bahrain, the United Arab Emirates (UAE) and Yemen have all cut diplomatic ties with Qatar yesterday, over Qatar’s alleged support for Islamist groups.
Autonomous Demand Guarantees: beneficiary’s belief in validity of its demands and the fraud exception revisited
Recent Court of Appeal decisions provides guidance on validity of demands made under standby letters of credit or other Autonomous Demand Guarantees