Saipem & Ors v Petrofac Limited and Petrofac International (UAE) LLC [2025] EWCA Civ 821 Executive Summary: Negotiating Leverage Handed to Out of the Money Creditors In a sweeping decision, the UK Court of Appeal has handed meaningful negotiating leverage to out of the money creditors. All those involved in […]

IN A NUTSHELL 🌿 LOVT is leading the tiny house movement by focusing on sustainability and innovative design. 🏡 The company offers modular homes that are customizable to fit individual needs and lifestyles. 🌍 Each LOVT unit contributes to environmental conservation by protecting German forests and reducing carbon footprints. 🛋️ […]

Nepal Report Date July 16, 2025 jamie Wed, 07/16/2025 – 10:20 Report Type Universal Periodic Review Report File Nepal UPR final 2025.pdf (287.46 KB)

On 2 July 2025, the United Kingdom (UK) Financial Conduct Authority (FCA) published a Consultation Paper and Policy Statement (CP25/18) on tackling non-financial misconduct in financial services. There are two components: The Policy Statement sets out final rules effective 1 September 2026 amending the Code of Conduct sourcebook (COCON) to […]

Global law firm K&L Gates has assisted PGIM Private Capital (PGIM) in finalizing a US$200 million private shelf facility with Verona-based multi-utility company AGSM AIM S.p.A., which involved Italian, US, and UK finance issues and Italian tax matters. PGIM is the private capital division of PGIM, Inc., the global investment […]

IN A NUTSHELL 🚁 The US military aims to revolutionize aviation with the SPRINT X-Plane, enhancing speed and versatility with Bell Textron at the helm. 🌐 The new X-plane will outpace the current V-22 Osprey, cruising at speeds between 460 to 517 miles per hour and providing strategic advantages. 🔧 […]

Every day, Yondela Kolweni has to hold down her son, who screams and fights when it is time for his daily life-saving TB tablets—a painful reminder of her battle with the world’s top infectious killer disease. “It is a fight I win feeling awful about what I have to do,” […]

The United Kingdom’s Foreign, Commonwealth and Development Office has published guidance on United Kingdom’s Russia sanctions compliance for non-UK businesses operating outside the United Kingdom (the Guidance). It also includes country-specific guidance for businesses in Kazakhstan, Uzbekistan, Kyrgyzstan, Georgia and Armenia. This move signals a significant tightening of scrutiny by […]

Washington, D.C. – Global law firm K&L Gates LLP has appointed David Wochner to the role of US Regional Managing Partner, succeeding Thomas Smith who has served in the role since 2019.  Wochner will remain in his current role as Managing Partner of the Washington, DC office and Smith will continue […]