Litigation and Arbitration

The second half of 2012 saw a number of major financial institutions censured for the alleged manipulation of submissions made to the British Bankers’ Association (BBA) for the compilation of BBA LIBOR. In addition to direct enforcement action against those alleged to have participated in such manipulation, regulators have also taken significant steps to reform LIBOR itself and the method by which it is determined.  GCC financial institutions and borrowers will be concerned to ensure that these

American University of Sharjah (AUS) has advanced to the finals in the Phillip C. Jessup International Moot Court Competition after winning the national round in the United Arab Emirates on February 26. The local round, jointly hosted by Latham and the Dubai International Financial Centre (DIFC) Courts, consisted of three teams, including ones from UAE University of Al-Ain in Abu Dhabi (the runner-up in this round) and the University of Sharjah. The final, international round of the competition will take