The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to
Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
-
Responding to HMRC’S proposed changes for
Guernsey QROPS
-
Judgment in the Rank Group plc cases (C-259/10 and C-260/10): interpretation of the
principle of fiscal neutrality applied to gambling
-
The House of Representatives has ratified on January 27 of 2012 the Framework Agreement between the Republic of Cyprus and the Arab Republic of Egypt relating to the development of cross-median line hydrocarbon resources signed in 2006.
-
The Hungarian Companies Act ("CA") and others have long contained provisions to protect creditors. One provision prohibits a limited liability company from paying dividends to its shareholders if it does not have sufficient funds.
-
Like in many of our neighboring countries, the Belgian Financial Services and Markets Authority (FSMA) is taking a more persistent approach in pursuing compliance with MiFID conduct of business. In that regard it has announced a “MiFID Action Plan”.
-
Presidential Decree No. 3 of 2012 on the
Contract of Work and Coal Contract of Work Adjustment Evaluation Team (" Decree ") has been issued on 10 January
2012 in order to establish a team that will evaluate the adjustment of
Contracts of Work (CoW / Kontrak Karya )
and Coal Contacts of Work (CCoW / Perjanjian
Karya Pengusahaan Pertambangan Batubara ) as required by Article 169(b) of
Law No. 4 of 2009 on Mineral and Coal Mining (" Law "). The Evaluation Team will operate from 10 January 2012 until
December 2013 (Part 7).
-
On 23 November 2011, the Competition
Commission of Singapore (“CCS”) released an
infringement decision against 11 modelling
agencies in Singapore for breaching Section 34 of
the Competition Act (Cap. 50B) (“Act”). Section 34
of the Act prohibits, amongst other things, price
fixing activities.
-
The issue before the Court of Appeal was whether
the registration of the trade mark NIKE should
have been rejected on the ground that as of the
registration date of the NIKE mark, there existed
another identical earlier mark on the trade mark
register. The appellant, Campomar SL
("Campomar"), was the proprietor of the earlier
mark and had appealed against the decision of the
High Court Judge, who had refused to overturn the
decision of the Principal Assistant Registrar of
Trade Marks ("PAR"), and allowed the trade mark
NIKE to proceed to registration.
-
Geostrategic and financial interests regarding gas exploration and exploitation
-
International Cooperation in Merger Review
The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to
-
Carey Olsen is playing a significant role in assisting Guernsey's pensions industry to respond to
the proposed changes from Her Majesty´s Revenue and Customs (HMRC) to Qualifying
Recognised Overseas Pension Schemes (QROPS) and is confident that Guernsey will continue
to be an attractive jurisdiction for the establishment of QROPS.
-
Mr Yiango George Yiangoullis has recently left our team to pursue a position with the Permanent Mission of the Republic of Cyprus to Geneva as an Attaché dealing with matters of Intellectual Property Law at WIPO (World Intellectual Property Organization). We wish him the best with his new appointment.
-
On January 31, 2012, STADA Arzneimittel AG, a German pharmaceutical company listed on the Frankfurt stock exchange, with headquarters in Bad Vilbel, successfully closed the acquisition of the generics business that has previously been spun off of the Swiss based Spirig Pharma AG. The purchase price amounts to approximately CHF 97 million.
-
The partners of FKA Furtek Komosa Aleksandrowicz are delighted to announce that they have taken on a new partner Edyta Jusiel
-
The UK Bribery Act 2010, which came into force last year, impacts on both individuals and
companies based overseas, prosecuting for acts of bribery which have taken place outside,
as well as within, the UK. Scott Simmons, Associate at Hassans, will be speaking at seminars
to be held in March on the implications of the Act and its reach beyond UK borders to the
rest of the world.
-
Belgrade, 2 February 2012 – WOLF THEISS
advised United States Steel Corporation, a major US listed company
(NYSE: X), on the sale of its entire Serbian steel-making operations to
the Government of the Republic of Serbia.
-
Law firm Łaszczuk & Partners have launched an English language web portal devoted to arbitration. arbitration.pl is a comprehensive information source on arbitration available at a single Internet address, with special focus on Poland. The website features English abstracts of more than 140 rulings of Polish Supreme Court, regional and provincial courts as well as full texts in Polish. The continuously expanded database contains also a unique collection of rulings issued before WWII as well as rulings of the Court of Justice of the European Communities.
-
AstapovLawyers has advised Grunenthal GmbH, a
major European producer of pharmaceuticals, in the acquisition of
Grunenthal by STADA AG. Total deal value of the parties involved
amounted around the EUR152 mln.
-
Advised the seller in its divestment of the BioNordika Group with subsidiaries in Denmark, Estonia, Finland, Norway and Swden to Addtech Life Science.The transaction was closed on 26 January 2012.
-
Leading offshore law firm Mourant Ozannes has advised on the establishment of a new private equity fund focusing on Nordic business investments.