Businesses consult lawyers over Iran opportunities
Lawyers are increasingly being consulted over the potential opportunities in Iran as the prospects improve for the lifting of sanctions.
Even this week limited sanctions were lifted and Dubai has called for them to be removed completely. Sarosh Zaiwalla, a lawyer based in London, says that his practice has received 40 calls since early December about the legal situation. He has acted for Iran's largest private bank. The energy, construction and medical supply sectors 'have already inundated lawyers with questions about how quickly they can set up operations', says the Financial Times.