A private equity fund managed by Blackstone has purchased a controlling stake in two Maldives-based seaplane operators – Maldivian Air Taxi (MAT) and Trans Maldivian Airways (TMA). MAT founder Lars Erik Nielsen and the majority shareholders of TMA – Lars Petré and Hussain Afeef – will retain a substantial shareholding and continue to serve as company directors.
Preparing for India’s multi-agency dawn raids: Building response architecture, preserving privilege and documenting every step
Life insurers’ digital shift demands stronger legal oversight to protect customer data and cyber resilience
Shared venture documentation gaps slow India funding rounds and shape foreign capital perceptions of ecosystem maturity
To what extent does party autonomy hold sway over contracts that involve exceptional or prohibited clauses?
