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Cartier goes after online counterfeit marketplace
Luxury fashion lines Cartier and Montblanc clinched a U.K. court ruling that bars internet providers from permitting websites dealing in counterfeit goods. U.K. service providers such as Sky Plc, BT Group Plc and TalkTalk Telecom Group Plc have been ordered to prevent...
read moreDLA revenue tops $2.5 billion, but profits sag
Despite global revenue topping $2.5 billion for the first time, net profit at DLA Piper has slumped 9.2 percent. Growth at the firm increased 2.5 percent last year to $2.54 billion and the firm now joins Latham & Watkins as the only firms with annual turnover in...
read moreMexico: time for a ‘moment’ or a miracle?
Last week, Pope Francis touched down for his first official visit to Mexico. Throughout the trip, he moved across the country, greeting crowds and speaking out about Mexico's most pressing challenges. In particular, he laid into the Mexican political elite, denouncing...
read moreTurkey opens second state-owned Islamic bank
In an effort to increase the market penetration of Islamic financial services and to ensure a competitive Islamic banking market, the Turkish Banking Regulation and Supervision Authority (the "BRSA") granted Vakıf Katılım Bankası A.Ş. an operating license Feb. 16,...
read moreTurkey increases protection of insurance agents at the expense of insurer
Mushin Keskin media alert Recent development The Undersecretariat of the Treasury has strengthened the protections of insurance agents in Turkey by increasing the authority of the Insurance Agents Executive Committee ("IAEC"), expanding the mandatory terms of agency...
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