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Urs Feller and Marcel Frey from Prager Dreifuss examine the scope and limits to sovereign immunity in Switzerland and the recognition and enforcement of decisions against a foreign state

Mobeen Rana, partner at MR Legal Inn, examines the structure of the international arbitration laws in Pakistan and the attitude of the local courts in interpreting them

The lighter side of the past month in the world of financial law

Following a series of changes to the makeup of the group, pan-Baltic firm Tark Grunte Sutkiene announced it will be rebranding all its offices as TGS BALTIC.

Funds which diversify across multiple entities and jurisdictions could be well placed to respond to the uncertainty surrounding the future of London’s financial hub status

Much has been said about the results of Colombia's fight against corruption; from its 90th position (out of a total of 176 countries) ranking in the Corruption Perceptions Index of Transparency International, to recent scandals directly affecting major infrastructure projects. Set against this background of cultural issues and perception problems, the recent wave of cross-border corruption cases (for example, Odebrecht and Canal Isabel II) has served only to set the spotlight even more firmly on Colombia as a country with a historic reputation for corruption.

The Brazilian government has been making concerted efforts to eliminate red tape and generally improve the country's business environment. A new package of measures aims to eliminate bureaucratic procedures to reduce the so-called Brazilian cost - the set of structural and economic difficulties that make doing business in Brazil so expensive. The new rules simplify legal requirements for the creation of security interests in Brazil and improve institutional and legal stability.

Gary Born, president of the Singapore International Arbitration Centre and chair of WilmerHale’s international arbitration group, looks at some of the latest developments in international arbitration

There are no prevailing legal requirements as to how many employees must be represented by a trade union for the union to be able to play a role within a Slovak company. Unions only need to satisfy the requirements for the establishment of a civic association (that is, at least three members), after which employers must communicate with the union in the statutory manner. This communication includes consulting with the union each time the employer unilaterally terminates employment, or seeking the union's approval for issuing new work rules.

On March 1 2017, the Swiss rules on the disclosure of substantial shareholdings were amended. As a result, persons and entities exercising a discretionary power to vote shares based on the delegation of voting rights may now disclose either the person effectively exercising discretion or the consolidated position held by the ultimate controller.