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Overview
After a period of domestic consolidation, the national legal market settled during 2010 with no startling merger activity. Even so, lateral partner moves continued at a rapid rate, with Bowman Gilfillan hiring distinguished banking and finance partner Lionel Shawe, capital markets specialist Casper van Heerden and banking regulatory partner Anthony Colegrave from Deneys Reitz Inc. In the same sector, White & Case LLP International Lawyers relocated banking and capital markets partner Joshua Parbhu to Johannesburg from London.
In the employment sector, Brian Patterson joined ENS (Edward Nathan Sonnenbergs) from Deneys Reitz Inc, while boutique firm Leppan Beech Inc closed down with its lead partners joining a variety of firms including Werksmans Attorneys and DLA Cliffe Dekker Hofmeyr. In tax, DLA Cliffe Dekker Hofmeyr lost Patrick McGurk to Werksmans Attorneys.
The biggest news of 2010 was the announcement that Deneys Reitz Inc would merge with London headquartered and international law firm Norton Rose LLP in June 2011.
Search News and Articles
Press releases
Legal Developments in South Africa
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REPORT ON THE FUTURE PLANS OF THE KOREA FAIR TRADE COMMISSION
On September 22, 2011, the Korea Fair Trade Commission (the “KFTC”) reported its future plans to the National Assembly’s Government Affairs Committee (the “Committee”) during the National Assembly’s Audit, details of which are described below. -
Bowman Gilfillan partners with employee benefits specialists
The partners of Hunter Law, a Johannesburg-based practice specialising in employee benefits and financial services, have joined Bowman Gilfillan, one of South Africa’s premier corporate law firms, with effect from 1st October 2011. -
Cyber squatting vultures circle Amy Winehouse grave
Amy Winehouse was not long gone before the domain names <amywinehousefoundation.org> and <amywinehousefoundation.uk.org> were registered. -
Music Piracy – Is the tide turning?
The internet has created a platform which allows artists to reach worldwide audiences and gives these audiences the ability to access their music directly from their homes. It has also spawned a direct distribution system of content to consumers and created a competition monster for music retailers and distributors. -
Consumer Protection Act could make property harder to rent
The recently enacted Consumer Protection Act (CPA) gives tenants who are individuals too many rights at the expense of landlords and could make it harder for them to find properties to rent, says Taryn Harris, property lawyer at corporate law firm Bowman Gilfillan. -
New Tax Administration Bill impacts taxpayers’ rights
The Tax Administration Bill 11 of 2011 may face constitutional challenges should it be promulgated in its current form. Betsie Strydom, tax partner at corporate law firm Bowman Gilfillan, says that the Bill: gives SARS much wider powers; impacts on taxpayers’ rights; and contains provisions that could affect taxpayers’ rights to hold a passport, to travel and to trade. -
JOHANNESBURG PROPERTY SELLERS FACE CASH SQUEEZE BECAUSE TRANSFERS ARE TAKING TOO LONG
Property sellers are increasingly facing a cash squeeze because transfers in Johannesburg are taking too long, says Taryn Harris, property attorney at legal firm Bowman Gilfillan. -
The Very New Private Investment Law
A Private Investment Law (NPIL) was enacted two months ago, by way of law 20/11, of 20th May 2011. -
How to stop fraud before it happens
Stopping fraud before it happens is the ultimate goal of a successful fraud prevention and awareness programme. Whilst it is important that fraud prevention controls are robust and are methodically implemented, too often companies fail to recognize that it is the perception of the likelihood of detection and sanction which discourages a person from perpetrating fraud, rather than the actual effectiveness of the internal controls and anti-fraud measures. -
Consumer Protection Act and leases
The Consumer Protection Act 2008 (“ the Act ”) was assented to on 24 April 2009 and is to come into operation incrementally with the majority of the provisions coming into effect 18 months after the date on which the Act was signed by the President. Accordingly the majority of the provisions of the Act will come into operation on 24 October 2010.
Press Releases worldwide
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Carey Olsen is confident about the future of Guernsey's QROPS industry
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 left our team
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. -
STADA acquires generics business of Spirig
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. -
Edyta Jusiel new partner at the law firm FKA Furtek Komosa Aleksandrowicz
The partners of FKA Furtek Komosa Aleksandrowicz are delighted to announce that they have taken on a new partner Edyta Jusiel -
Overseas implications of the UK Bribery Act
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.- Hassans -
WOLF THEISS ADVISES U.S. GIANT UNITED STATES STEEL CORPORATION ON THE SALE OF ITS ENTIRE SERBIAN OPE
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. -
arbitration.pl – a comprehensive source of information on arbitration
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 adviced Grunenthal pharmaceutical company
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. -
Setterwalls adviser in the divestment of BioNordika
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. -
Mourant Ozannes advises on significant Nordic private equity fund
Leading offshore law firm Mourant Ozannes has advised on the establishment of a new private equity fund focusing on Nordic business investments.