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Press releases
Legal Developments in the UK
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Limiting immigration - interim measures, exceptional consideration and Government consultation
On 19 July 2010 the UK Border Agency (UKBA) started to implement interim limits on non-EU economic migration under tiers 1 and 2 of the points based system. UKBA states that the aim of these measures is to achieve an overall reduction of 5% in the number of applicants in these categories compared to the equivalent period last year. This interim limit will run from 19 July 2010 to 31 March 2011. In April 2011 the Government intends to be in a position to implement new immigration policies following the current consultation exercise.- Penningtons Solicitors LLP -
Sentencing guidelines for corporate manslaughter
In February 2010 the Sentencing Guidelines Council (the SGC) issued definitive guidelines to courts on imposing appropriate sentences for corporate manslaughter and health and safety offences causing death. The SGC states that fines imposed on companies found guilty of corporate manslaughter should not fall below £500,000, while fines in respect of health and safety offences that are a significant cause of death should be at least £100,000. Crucially, the SGC declined to provide for a fixed link between the imposed fine and the turnover or profitability of the offending company.
- DLA Piper UK LLP -
Israel – New options for obtaining trade mark protection
On 1 September 2010 Israel will join the territories that can be designated via a Madrid Protocol application for the protection of trade marks. For those with existing Madrid Protocol applications or registrations Israel can be the subject of a subsequent designation in order to extend protection into this territory. In this case, the rights would date back to the date that the request for a subsequent designation was made rather than the original filing date of the Madrid Protocol application or any priority claim.- Boult Wade Tennant -
Change in Google AdWords and AdText Policy
Google has announced that, from 14 September 2010, it will no longer prevent advertisers from selecting a third party's trade mark as a keyword. Instead, trade mark owners will be able to complain abou the selection of their trade mark by a third party if they feel that it leads to a specific ad text which confuses users about the origin of the advertised goods and services. Google will then conduct a "limited investigation" and if it finds that the keyword in combination with a particular ad text is confusing as to the origin of the advertised goods and services, it will remove the ad. However, it will not prevent the use of trade marks as keywords. Â- Boult Wade Tennant -
The ECJ's judgement in the case of Monsanto v Cefetra BV and others
On 6 July 2010 the European Court of Justice (ECJ) handed down their judgement in the case of Monsanto Technology LLC v Cefetra BV and Others, a referral to the ECJ from the Rechtbank’s-Gravenhage of the Netherlands. This case is of particular significance for patentees in the biotech industry since it has provided one of the first opportunities for the ECJ to address the scope of gene patents in Europe in light of Directive 98/44/EC (the Biotech Directive).    Â- Boult Wade Tennant -
Accelerated prosecution of European patent applications
The time from filing to grant of European patent applications has increased in recent years, particularly in certain technical fields such as telecommunications, software and biotechnology. In some areas, this is a result of the number of applications filed, which has risen faster than the number of examiners able to deal with such cases. Also, the volume of PCT applications designating the EPO as International Searching Authority has caused a knock on effect to increase the delays in examination of other applications. Other major patent offices are experiencing similar problems leading to backlogs.Â- Boult Wade Tennant -
Defamation and confidence: three significant cases
There have been several recent cases concerning the laws of confidence and defamation that address important procedural issues relevant to litigators practising in all spheres. This article discusses decisions by the Court of Appeal, a Queen’s Bench judge and a Master.- Schillings -
Adjudication: caught in the Act?
Anyone not involved in what might be regarded as the mainstream of the construction industry (whether as a building contractor or someone who regularly employs one) would be forgiven for thinking that a dispute resolution procedure introduced to rid the industry of some of its historical problems is of no relevance to their business.- Bond Pearce LLP -
The ‘failing firm’ defence in difficult times
Given the current economic climate, competition authorities are expecting a possible increase in the use of the ‘failing firm’ defence. The doctrine provides potential opportunities for businesses to acquire competitors, which in normal circumstances would be regarded as anti-competitive. The basic rationale behind the doctrine is that since the failing firm would have left the market anyway due to its financial collapse, any harm to competition caused by the loss of an independent market player would arise regardless of the merger. The doctrine therefore potentially allows a business to acquire its struggling competitor, which is on the brink of administration or liquidation. The defence is worth considering by any administrator or liquidator of a business. Competitors are likely to pay the highest prices for assets and so a merger with a competitor could be an appropriate solution to save a deteriorating business.- Holman Fenwick Willan -
Kingsway Hall sees Red
Kingsway Hall Hotel Ltd v Red Sky IT (Hounslow) Ltd [2010] examines the use and enforceability of exclusion clauses in a contract for the provision of software and related services. In the wake of BSkyB Ltd & anor v HP Enterprise Services UK Ltd & anor (Rev 1) [2010], it provides further salutary lessons for IT suppliers on the proper management of their sales and contracting processes. Under the Unfair Contract Terms Act (UCTA) 1977, certain exclusions and limitations of liability are either unenforceable or subject to a test of reasonableness.- SJ Berwin LLP
Press releases
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Small Bites not Big Macs
2010 Outlook for M&A in Germany– GSK Gassner Stockmann & Kollegen -
25 August 2010 – Novartis AG completes acquisition of 52% stake in Alcon Inc. for USD 28.3 billion
On 25 August 2010, Novartis AG has completed the purchase of 52 percent of the shares in Alcon Inc. from Nestlé SA for a consideration of USD 28.3 billion, exercising its call option provided for in the agreement, concluded between Novartis AG and Nestlé in April 2008. With the acquisition of the additional stake, Novartis AG now holds a total of 77 percent of the shares in Alcon Inc. Bär & Karrer acted as Swiss legal adviser to Novartis AG. The team included Rolf Watter, Charlotte Wieser, Urs Kägi and Georg Frey (all M&A/corporate). Allen & Overy New York advised Novartis AG as to US and international competition law.– Bär & Karrer -
SarrauThomasCouderc conseille Carlyle Group dans le cadre de la reprise de B&B
Paris, le 25 août 2010. SarrauThomasCouderc vient de conseiller Carlyle Group dans sa négociation avec le management du groupe hôtelier B&B, dans le cadre d’un LBO ter. Carlyle Group est actuellement en négociation exclusive avec Eurazéo, Montefiore Investissement et Arts et Biens pour reprendre le groupe B&B. Numéro 3 français de l’hôtellerie économique, B&B a généré un chiffre d’affaires de 177 M€ en 2009. Sa valorisation atteint 485 M€.– Sarrau Thomas Couderc -
Harneys expands global practice with six new hires in three jurisdiction
International offshore law firm Harneys continues to expand its global practice with the recent hiring of six new lawyers.– Harney Westwood & Riegels -
MAPLES FINANCE EXPANDS BUSINESS DEVELOPMENT FOR GROWTH IN THE AMERICAS AND EUROPE
Maples Finance has announced two senior level additions to its business development team. Kim Waldman has been appointed as Director of Business Development Americas.– Maples and Calder -
MAPLES WINS ALB OFFSHORE LAW FIRM OF THE YEAR AWARD FOR JAPAN
Maples and Calder has been selected by Asian Legal Business ("ALB") as the 2010 Offshore Law Firm of the Year for Japan for the second consecutive year.– Maples and Calder -
Popovici Niţu & Asociaţii is the leading Transactional Law Firm in Romania
Popovici Niţu & Asociaţii advised the largest number of M&A deals in Romania, according to League Tables for Top M&A Financial Advisers and Top M&A Legal Advisers in Romania released by ISI DealWatch on August 19, 2010.– Popovici Nitu & Asociatii -
Lett Law Firm wins The Danish Lawyers’ Association‘s Innovation prize 2010
Lett Law Firm won the prize at The Danish Lawyers’ Association annual congress for their project "From corporate branding to personal sales."– Lett Law Firm -
Kluge-lawyers publish book on the Norwegian Marketing and Unfair Competition Act 2009
Tore Lunde, Ingvild Mestad and Terje Lundby Michaelsen of the ICT and IP-department at the law firm of Kluge in Norway published in June 2010 a comprehensive commentary (in Norwegian) on the new Norwegian Marketing and Unfair Competition Act.– Kluge Advokatfirma DA -
Stamford Law’s Director Ashok Kumar listed in Who’s Who Legal
Stamford Law Corporation is pleased to announce that Director Ashok Kumar has been included in the prestigious Who's Who Legal listing of lawyers under Insolvency & Restructuring practice.– Stamford Law Corporation