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Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
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Corporate and Securities Law
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On February 27, 2012, the Agency Contract Law (Commercial Agent and Supplier), 5772-2012 (hereinafter: the “Law”) was published. The Law shall enter into force 60 days from the date of publication.
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Is your business involved in international trade? If the answer to this question is a resounding “YES”, then it might well be time for your business to prepare and adopt a code of conduct that includes procedures to detect and prevent bribery of foreign government officials. The day is coming when not having such a code will be a bar to entering many different lucrative markets and will place you and your business in danger of breaking the law.
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the Israeli Chief Scientist by Rona Ginat
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Introduction Until recently, a foreign company or individual wishing to invest in China could only do so by setting up a limited liability company1 in one f the following forms: equity joint venture, cooperative joint venture or a wholly foreign owned enterprise (i.e., EJV, CJV and WFOE, collectively "FIEs").
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Protection of trademarks is one of the most difficult legal and commercial issues with
which foreign companies have to grapple while operating in China. In many cases,
foreign companies start operating in China after they have already acquired a strong
reputation for their products worldwide. However, when they try to file a registration
application for their trademark to the Chinese trademark authorities, they suddenly
discover that there has been a prior registration of an identical or similar trademark
for the same or similar products/service.
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Israel’s National Labour Court recently issued a
significant and groundbreaking ruling regarding employers’ monitoring of
employees’ emails in the workplace. This ruling is applicable and important for
all businesses with employees in Israel. HFN’s Labour and Employment Law department,
led by Orly Gerbi, summarised the issue as follows:
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Adv. Amit Krispin, head of the Energy and Infrastructure department in Seligman & Co.
The writer represents a large number of natural gas consumers and infrastructure companies in the industry.
In 2002, shortly after the discovery of the first natural gas fields in Israeli territorial waters, the Natural Gas Act was enacted (the "Law"). The Law's stated purpose was to create suitable conditions for the development of the natural gas industry in Israel, mainly through the private sector, and to encourage competition in this industry, in accordance with Government policy in the fields of economics and energy.
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The Israeli gas industry has undergone tremendous developments in the past decade, due to the discovery of significant natural gas fields in Israeli territorial waters, the largest of which are the Tamar field, estimated at 247 billion cubic meters (“BCM”), and the Leviathan field containing 453 BCM. Currently, the “Mary B” field (20-16 BCM) is the only operative field and it provides, as of 2004, natural gas to the Israeli Electric Company (“IEC”). The recent discoveries produced a fast-growing energy market, such that in 2010, 45% of IEC electricity production was based on natural gas, compared to o% in 2003, and the overall consumption of natural gas increased by 275% between 2004-2009.
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High tech companies who employ foreign workers in the U.S. face dramatically
increased U.S. federal regulatory scrutiny since December 2010 regarding
technology they disclose to foreign workers located both within the U.S. and
abroad. This is likely to catch many companies by surprise, and warrants
immediate attention given the sanctions described below.
The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to
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UNICREDIT TIRIAC BANK S.A. ON THE FINANCING OF A RENEWABLE ENERGY BIOMASS PLANT IN ROMANIA
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The report notes the breadth of Thommessen's competition practice and compares it to the model of the large European firms in its focus.
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With GSK Stockmann + Kollegen in an advisory capacity, Pembroke Real Estate has acquired the Maximilianhöfe in Munich’s Maximilianstraße. Avestus Capital Partners was the seller.
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The Law Firm Kinanis LLC organised a voluntary blood donation event which took place on the 17th May 2012 at the premises of Akamantis Conference and Exhibition Centre located at 10 Egypt Street, 1097, Nicosia, Cyprus between 2.30pm and 5.30pm.
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Partner and Head of Pharmaceutical Industry practice at Lidings Andrey Zelenin was named the best lawyer in the sphere of Life Sciences in Russia by the leading international legal directory Who is Who Legal.
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Partners Andreas Neocleous, Elias Neocleous and Maria Kyriacou presented a seminar for the leadership team and principal private clients of Eurobank EFG group on the recent reform of the Cyprus International Trusts Law at the bank's headquarters in Athens.
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Zurich, 21 May 2012, business law firm Froriep Renggli welcomes Prof. Isabelle Romy as a new partner.
She will join the firm on 1 June 2012. Isabelle Romy specializes in international litigation, arbitration and
international private law.
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Our Managing Partner met with Senator George Mitchel of DLA PIPER in New York on Monday 7th. They discussed possibilities of further cooperation between Cyprus and the US and the enhancement of the cooperation between Pamboridis LLC and the DLA Piper Group.
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22 May 2012. Senior Associate of International law firm Integrites in his speech at Ukrainian M&A Congress touched upon the current situation and prospects of Ukrainian market of mergers and acquisitions, particularly M&A deals in Ukraine in a comparative perspective and the most common deal breakers.
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MOLITOR, Avocats à la Cour, one of Luxembourg’s leading Busi-ness law firms announces that Olivier Gaston-Braud will leave the firm in July of this year.