CMS Cameron McKenna is the first law firm off the blocks to set up a dedicated office in Iran, following the relaxing of EU and UN sanctions against the country last month. The firm is opening an office on Nelson Mandela Avenue in North Tehran, which will be led by partners of CMS Germany. The lifting of sanctions potentially opens up a multi-billion dollar market in oil, software and other goods. Cornelius Brandi, executive chairman of CMS, says: “We see many opportunities, especially in energy, technology and automotive.”
04 February 2016
First into Iran
MOVERS & SHAKERS
Clyde & Co—Suriya Ashok
Clyde Co strengthens energy transition and construction offering with hire of Suriya Ashok
Jurit—Nicole Gallop Mildon
Jurit appoints rare dual-qualified lawyer to expand Anglo-French private wealth expertise
Twenty Essex—Thomas Hibbs, Jack Hollingworth & Sam Pearce
Three new tenants join Twenty Essex
NEWS
The Financial Reporting Council’s revised Audit Enforcement Procedure will alter the balance of power in corporate investigations
A telecoms operator may be able to hold over under the Landlord and Tenant Act 1954, yet still be unable to secure a renewal: an outcome described as a legal ‘paradox’
Safety fears do not automatically justify shutting an interested person out of a statutory will application
Consumer credit law is heading for its biggest shake-up in 50 years, with the Consumer Credit Act 1974 set to yield much of its detailed statutory machinery to FCA rules
The Supreme Court has settled a long-running dispute over part-time workers: unfavourable treatment need be a significant or effective cause, not the sole cause
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