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Receivership is an important weapon in the arsenal of any commercial litigator

The discovery of pre-salt reservoirs in Brazil dramatically increased the country's oil reserves. There was hope that oil would fund education, health, and infrastructure, but these hopes proved to be unfounded.

The Colombian private equity industry is expanding its boundaries to attract new investors. Local pension funds are increasingly cautious about committing additional capital to new funds given that they are reaching the limits stated in the local investment regime, and they are waiting to review the performance of funds that are reaching their full term.

On September 14, the Central Bank of Cyprus (CBC) published its latest analysis of data on non-performing loans in the Cyprus banking sector. The analysis covered the period to May 31 2018, and showed aggregate non-performing facilities and related indicators for the domestic operations of credit institutions operating in Cyprus.

Throughout history, money laundering has been used in various criminal areas, such as drug trafficking, terrorism, and investment and banking fraud. The subjects practising such activities usually seek out nations that have weak regulation and supervision of these matters.

On June 8 2018, the Act to Partially Amend the Consumer Contract Act (Amendment) was published by the Japanese Diet and is scheduled to come into force on June 15 2019. The Consumer Contract Act is intended to protect the interests of consumers, and address circumstances of disparity in the quantity and quality of information and bargaining power between consumers and business operators. The Amendment, among other things, sets forth the circumstances where a contract may be unilaterally cancelled or where unreasonable clauses may be considered invalid.

On July 6 2018, the 196th ordinary session of the Diet passed the Work Style Reform Act (Act) into law. The Act, which amends the Labour Standards Act (LSA) and other laws and regulations concerning working hours and annual paid leave, is intended to ensure that employees do not work long hours and enjoy a diverse work-life balance that suits their individual circumstances.

Occupational accidents can occur for many reasons. They can arise because of short-term inattention, lack of caution or even inconsistency. It is important to take the strongest possible measures to minimise the risk of occupational accidents. Legal regulations governing the duties of employers in the field of health and safety at work state directly that sometimes it is not possible to fully eliminate the risk of occupational accidents. However, it is important to take all possible steps to limit them and to prepare measures to eliminate them.

The Irish legislature is considering draft legislation which would regulate purchasers of non-performing loans (NPLs). The draft legislation is at an advanced stage in the parliamentary process. While credit servicers are regulated in Ireland, credit owners (in the main, entities that have purchased loans and loan portfolios from banks looking to reduce their exposure to NPLs) are not. However, the regulation of owners of credit would be a substantial extension of the regime. Furthermore, it would run contrary to EU policy in this area which proposes to regulate credit servicers (as is the existing position in Ireland) but deliberately stops short of regulating loan owners because such an extension is neither necessary nor desirable.

Over the past decade, the real estate market in Colombia has grown tremendously and new horizons have opened for investors, including in the urban renovation and real estate project segments, renewable energy, and public private partnerships (PPPs) generally.