The Legal 500

Publishing firms

Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

NSTLAW takes part in the Briefing Session on Foreign Corrupt Practices Act

June 2016. Press Releases by Stankovic & Partners (view listing).

American Chamber of Commerce in Serbia has scheduled a Briefing Session on Foreign Corrupt Practices Act on Tuesday, June 21 at 15:00 at AmCham premises in Smiljaniceva 24, Belgrade.

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GRP Rainer: Assessing intention to prepare a will

June 2016. Press Releases by GRP Rainer LLP (view listing).

A prerequisite for an effective will is a serious intention on the part of the testator to prepare one. Assessing any intention to draft a will can prove to be critical.

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EGC: Winnetou to retain trademark protection for time being

June 2016. Press Releases by GRP Rainer LLP (view listing).

On March 18, 2016, the General Court of the European Union ruled that the well-known novel character Winnetou shall continue to enjoy trademark protection (Az.: T-501/13).

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Maria Borzova gives expert opinion on pharmaceutical market situation on PharmVestnik-TV

June 2016. Press Releases by Vegas Lex Law Firm (view listing).

Manager of VEGAS LEX Life sciences projects Maria Borzova has discussed current pharmaceutical market issues in the 7 days in 7 minutes program on the PharmVestnik-TV channel.

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OLG Düsseldorf: Will effective despite removal from official custody

June 2016. Press Releases by GRP Rainer LLP (view listing).

If a will is withdrawn from official custody it is deemed to have been revoked according to the law. Having said that, it is possible to contest the revocation under certain circumstances.

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Patrikios Pavlou & Associates LLC participated at the AEA XII International Congress 2016 in Cyprus

June 2016. Press Releases by Patrikios Pavlou & Associates LLC (view listing).

Being a member of AEA, the largest network of international lawyers around the world, Patrikios Pavlou & Associates LLC participated at the annual AEA XII International Congress, which took place between 26-28 May 2016 at the Capo Bay Hotel in Protaras, Cyprus.

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Prerequisites for a nuncupative will

June 2016. Press Releases by GRP Rainer LLP (view listing).

Faced with his imminent death, a testator is still able to prepare a nuncupative will, i.e. a will to which three persons are witnesses. However, this needs to satisfy strict conditions for it to be effective.

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International law firm Giambrone (SLG) today announces the appointment lawyer Barbara Niemann Fadani

International law firm Giambrone (SLG) today announces the appointment of former Hammonds lawyer Barbara Niemann Fadani as Partner of their German office and head of Intellectual Property Group in Munich.

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VEGAS LEX announces appointment of new partners

June 2016. Press Releases by Vegas Lex Law Firm (view listing).

Head of Technology and Investment group Alexandra Vasyukhnova and Head of Southern directorate Maxim Grigoryev have been elected new VEGAS LEX partners.

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EGC: “Spa” not a Community trademark for cosmetics

June 2016. Press Releases by GRP Rainer LLP (view listing).

The term “Spa” is not a generic name for cosmetics and cannot be registered as a Community trademark. That was the verdict of the General Court of the European Union in its ruling of March 16 (T-201/14).

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Boult Wade Tennant attorneys recognised in IAM Patent 1000, 2016

June 2016. Press Releases by Boult Wade Tennant (view listing).

Boult Wade Tennant’s patent attorneys have once again been recognised in this year’s IAM Patent 1000: The World’s Leading Patent Professionals. IAM Patent 1000 is exclusively dedicated to identifying the world’s leading patent service providers. This year’s guide has nominated a number of Boult Wade Tennant’s partners and attorneys from across our patent practice groups.

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Giambrone Expands Intellectual Property Practice in Germany

International law firm Giambrone (SLG) today announces the appointment of former Hammonds lawyer Barbara Niemann Fadani as Partner of their German office and head of Intellectual Property Group in Munich.

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Panama Papers – Voluntary disclosure in response to tax evasion

June 2016. Press Releases by GRP Rainer LLP (view listing).

The so-called “Panama Papers” have the potential to reveal tax evasion on a massive scale. German tax evaders can return to a state of tax compliance by way of voluntary disclosure.

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BGH on advertising without option to order

June 2016. Press Releases by GRP Rainer LLP (view listing).

The Bundesgerichtshof (BGH), Germany’s Federal Constitutional Court, has ruled that advertising for textiles need not mention their composition if the promotional brochure does not offer the opportunity to order.

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VEGAS LEX discusses tax issues encountered by companies with a foreign element at INTAX EXPO RUSSIA

June 2016. Press Releases by Vegas Lex Law Firm (view listing).

VEGAS LEX Tax practice projects' associate Nikolay Rudomanov has spoken at the INTAX EXPO conference, which focused on international investment and tax issues relevant to Russian companies.

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VEGAS LEX on funding sources for road infrastructure projects in Russian regions

June 2016. Press Releases by Vegas Lex Law Firm (view listing).

On June 9, 2016, VEGAS LEX organized a roundtable, Development of regional road infrastructure: funding sources, bringing together representatives of the Ministry of Transport, the Federal Road Agency, the federal company Dorogi Rossii (Roads of Russia), regional authorities and the banking sector.

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Inheritance tax reform must be in place by June 30, 2016

June 2016. Press Releases by GRP Rainer LLP (view listing).

The reforms to inheritance tax need to be in place by June 30, 2016, yet company heirs in particular still do not know what burdens they will be faced with going forward.  

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Bundeskartellamt investigates ticket allocation for Euro 2016

June 2016. Press Releases by GRP Rainer LLP (view listing).

The allocation of tickets for the UEFA European Championship in France has triggered the involvement of the Bundeskartellamt, Germany’s Federal Cartel Office. On March 22, 2016, it confirmed that it had instituted proceedings on account of exploitative abuse.

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Boult Wade Tennant awarded 2016 IP Expert of the Year, UK

June 2016. Press Releases by Boult Wade Tennant (view listing).

We are delighted to announce that Boult Wade Tennant has been awarded the 2016 IP Expert of the Year – UK, by Wealth & Finance magazine. This award is based on a combination of votes gathered from Wealth & Finance’s network of respected industry partners and their own rigorous in-house research. The shortlist is compiled taking a range of criteria into consideration; from the firms’ performance, market coverage and reputation to client testimonials, awards and presence across social media and third-party platforms.

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Local Advocate Stephen Baker Shares Expertise at C5 Asia Fraud, Asset Tracing & Recovery Conference

June 2016. Press Releases by Baker & Partners (view listing).

Senior Partner at Baker & Partners, Stephen Baker, spoke this week at the second C5 Fraud, Asset Tracing and Recovery Asia conference in Hong Kong on overcoming asset protection strategies in key offshore jurisdictions. Baker & Partners also sponsored the conference, which saw over one hundred legal experts from across the globe share insights from their respective jurisdictions.

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GRP Rainer: Extensive experience in field of succession law

June 2016. Press Releases by GRP Rainer LLP (view listing).

There are many pressing issues that arise when it comes to succession. For instance, testators have to decide whether they want to rely on the rules of intestate succession or prepare a will or contract of inheritance.

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New Political Culture for the Judicial Reform

June 2016. Press Releases by Penkov, Markov & Partners (view listing).

On 18th of May 2016 in the newspaper “Sega” was published the very up to date article of Mr. Vladimir Penkov, Managing Partner of Penkov, Markov & Partners – International Law Firm, dedicated to the judicial reform and particularly to its content and the prerequisites and requirements for its completion.

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One of the Most Significant M&A Deals for 2016 Entered into Process of Finalization

June 2016. Press Releases by Penkov, Markov & Partners (view listing).

PM&P as a consultant and legal advisor of 4 FINANCE has successfully launched and finalized the procedure for obtaining a preliminary approval from the Bulgarian National Bank for indirect acquisition of 100% of the share capital of TBI Bank. The announcement for the approval was published on the Bulgarian National Bank website on 27.05.2016.

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PM&P achieved unprecedented success in the fight against the reform in the pension system, adopted w

June 2016. Press Releases by Penkov, Markov & Partners (view listing).

Based on the solid argumentation of the PM&P’s appeal against the Regulation on the procedure for choice of social insurance provider, remittance of social insurance contributions, contributions to the fund “ Guaranteed Claims of the employees” and for exchange of information, which regulates the transfer of the funds accumulated in the relevant individual accounts of the >insured persons by the pension funds to the public state funds and vice versa, the Supreme Administrative Court (SAC) has introduced to the Bulgarian Constitutional Court the raised by us questions through court case No 12089/2015.

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Joint Ventures in Singapore

June 2016. Press Releases by STA Law Firm (view listing).

More than 10,000 JVs and many more contractual alliances have been launched in the last few years. Based on reports, the largest JVs represent more than 900billion dollars in combined revenues. Joint Ventures (commonly referred as JV) play a pivotal role when a company or an organization intends to expand its business operation and requires e support in terms of resources, expertise or capital influx.  

STA announced its presence to be formed in Singapore amidst growing interest from our existing clients. We look forward to advising on Singapore laws. We and our dynamic team of lawyers in Singapore look forward to serving you soon!

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EGC: Advertising featuring positive properties of dextrose misleading

June 2016. Press Releases by GRP Rainer LLP (view listing).

In its ruling of March 16, 2016, the General Court of the European Union (EGC) confirmed that advertising for dextrose featuring health claims is not permissible (Az.: T-100/15).

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Energy sector executives discuss prospects of new payment discipline law in Krasnodar

June 2016. Press Releases by Vegas Lex Law Firm (view listing).

Head of VEGAS LEX Southern directorate Maxim Grigoryev has moderated a Kommersant-Yug Rossii-sponsored roundtable on ways to enforce the law enhancing the payment discipline and prevent the debt crisis in the housing and utilities and energy resources sectors in the Krasnodar region.

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Turkish Airlines Considers Acquisition Of Croatia’s National Carrier

June 2016. Press Releases by Karanovic & Nikolic (view listing).

​According to recent reports, it seems to be that an exciting update in the aviation world might be waiting around the corner. More precisely, it has been circulated in the media that the global giant and world's fastest growing airline, Turkish Airlines, is contemplating the acquisition of Croatia's national carrier – Croatia Airlines. 

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Slovenian Government Decides To Put NLB Bank Up For Initial Public Offering

June 2016. Press Releases by Karanovic & Nikolic (view listing).

Last week's news reports from Slovenia are letting us know that the Slovenian state holding company (SDH) decided to privatise Nova Ljubljanska Banka (NLB), the country's biggest bank, through initial public offering (IPO). The decision has been made after Deutsche Bank – the appointed advisor in the process – conducted a feasibility study and consulted with a number of institutional investors, reaching the conclusion that in the current economic environment, a parallel listing of shares on the Ljubljana bourse and the International stock exchange (ISE) presents a better action than a trade sale of the bank's shares to a strategic buyer or financial investor. According to SDH, the sell-off process is not expected to happen before autumn of this year, with the completion anticipated by the end of 2017.

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Competition Commission Suspects Price Fixing – Engages In Dawn Raids Again

June 2016. Press Releases by Karanovic & Nikolic (view listing).

The latest activity update regarding the Serbian Competition Commission has been the Decision brought by the Commission's President to initiate ex officio proceedings for suspected price fixing against 26 undertakings operating in the field of geodetic services.

The proceedings come following a complaint by the Belgrade Land Development Public Agency, delivered to the Commission in April this year. The complaint alleged suspected collusion between providers of geodetic services participating in the Agency's public procurement procedures – the prices the land surveyors were offering for their services during this year were significantly higher than the prices from the previous two years.

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Karanović & Nikolić Attends TMA’s Business Breakfast

June 2016. Press Releases by Karanovic & Nikolic (view listing).

On 18 May 2016, the Belgrade Chamber of Commerce hosted a working breakfast on the topic of "Alternative Dispute Resolution Mechanisms – Mediation and Arbitration". The event was organised by the Turn Around Management Association Serbia (TMA Serbia), in cooperation with ADR Partners and the Belgrade Arbitration Centre.

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The Importance Of EU Funds In Montenegro

June 2016. Press Releases by Karanovic & Nikolic (view listing).

At the recently held coordination meeting of IPA (Instrument for Pre Accession Assistance) multi-beneficiary programs in Herceg Novi, the main focus was put on announcing the importance of EU funds for the implementation of important internal reforms and the progress of the Western Balkan countries towards membership in the European Union.

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IBA’s International Financial Law Conference Highlights

June 2016. Press Releases by Karanovic & Nikolic (view listing).

​Karanović & Nikolić Senior Associate, Katarina Gudurić, attended the 33rd International Financial Law Conference, recently held by IBA in Athens between 18-20 May. The event was a great opportunity for international lawyers with expertise in banking and securities law to (re)connect and exchange views on many hot topics in the area of banking and capital markets. The attendees were honoured to witness the keynote speech of Mr. Yannis Stournaras, Governor of the Bank of Greece, whose presentation focused on the financial stability in the recent turmoil filled times for Greece. More precisely, Mr Stournaras emphasised the fact that central bankers and supervisory authorities bear an enormous responsibility in shaping a system capable of delivering prosperity to the citizens of Europe, outlining that even though important progress has been made in securing the financial stability needed to deliver such prosperity, the job is still not completed.

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Foreign Direct Investments In Montenegro

June 2016. Press Releases by Karanovic & Nikolic (view listing).

The Central Bank of Montenegro has recently published a report on foreign direct investments (FDI) that have been made in Montenegro during the first three months of this year. This FDI total has amounted to EUR 223 million, thus presenting proof of noticeable growth in this sense when compared to last year's EUR 100 million over the same period of time.

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From Old Ties To New Relationships – Turkey And The SEE Region

June 2016. Press Releases by Karanovic & Nikolic (view listing).

Various media outlets have recently been reporting on the economic relationship between Turkey and the Balkan countries, as well as the growing interest of Turkish companies to do business in this region through acquiring or cooperating with local companies – many of which are state-owned and in the process of being put up for sale by their respective governments. If we look closer into specific examples, the numbers are supportive of this positive trend, i.e. in Serbia, three years ago only 25 Turkish companies were present in the country's market, with that number rising up to 90 in 2016.

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Arendt & Medernach recognised as "Best advisory firm - UCITS" in the MENA Region - Press release

June 2016. Press Releases by Arendt & Medernach (view listing).

​For the fourth year in a row, Arendt & Medernach has been named “Best Advisory Firm” at the 2016 MENA Fund Manager Fund Services Awards which was held in Dubai on 26 January 2016. Arendt & Medernach was successively recognized in the category Compliance & Regulation and then three times in the UCITS category.

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5 new Partners

June 2016. Press Releases by Arendt & Medernach (view listing).

Arendt & Medernach has the pleasure to announce the nomination of 5 new partners: Pierre-Michaël de Waersegger, Stéphane Karolczuk, Marc Mouton, Jan Neugebauer and Philippe Schmit. Those nominations demonstrate the firm’s dynamic development in line with its strategic objectives.

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Boult Wade Tennant attorneys nominated in Euromoney’s Expert Guides 2016

June 2016. Press Releases by Boult Wade Tennant (view listing).

We are delighted to announce that a number of our partners have been nominated in Euromoney’s Expert Guides 2016. The firm’s nominations include partners from across our trade mark and patent practice groups, as well as attorneys recognised as ‘Rising Stars’.

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Wohnimmobilienkreditrichtlinie enters into force: Withdrawal still possible until June 21

June 2016. Press Releases by GRP Rainer LLP (view listing).

The entry into force of the Wohnimmobilienkreditrichtlinie heralds the end of the so-called “ewiges Widerrufsrecht” (perpetual right of withdrawal) for real estate loans. It will no longer be possible to withdraw from legacy contracts from June 21, 2016.

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Pitmans advises on sale of Ridgeway Group in £106.8m deal

June 2016. Press Releases by Pitmans LLP (view listing).

Ridgeway Group, long-standing client of Pitmans, has been purchased by Marshall Motor Holdings PLC, one of the UK's leading automotive retail and leasing groups. The aggregate turnover of the two businesses will be £2.2 billion.

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Montenegrin Beach Properties Put Up For Sale

June 2016. Press Releases by Karanovic & Nikolic (view listing).

We have more real estate news from Montenegro, as there are media reports on 4.9 million square meters of beach properties being put up for sale in the municipalities of Buljarica, Budva, and Bar by the Montenegrin Council for Privatisation and Capital Projects. Interested bidders are obliged to submit their offer as part of an investment program, which would also then include a plan for the development of infrastructure at the site, as well as a business plan that provides a clear outline of the structure and dynamics of investments by years and designated source of investment capital. The investment program in question should also by accompanied by an acceptable bank guarantee, while the tender itself stipulates that the obligations of the investment program must be fulfilled within seven years from the sale contract’s entry into force.

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Right of withdrawal not forfeited in cases involving withdrawal from a loan

June 2016. Press Releases by GRP Rainer LLP (view listing).

Banks often claim that the right of withdrawal has been forfeited as a way of fending off attempts to withdraw from a loan. However, this argument generally fails to convince.

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Karanović & Nikolić Advises On Air Serbia Aircraft Lease

June 2016. Press Releases by Karanovic & Nikolic (view listing).

We are pleased to announce that Karanović & Nikolić has advised Jet Airways (India) Limited, together with Dentons UKMEA LLP, in an aircraft leasing transaction that will enable the long-haul trans-Atlantic route between Serbia and the United States (Belgrade-New York) to be restored. The transaction in question consisted of an operating lease of the Airbus A330-202 by Jet Airways (member of Etihad Airways Partners) and Etihad Airways (as sub-lessee) to Air Serbia, with the participation of foreign export credit agencies and banks that provided financing for the acquisition of the aircraft by the owner.

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Turkish Airlines Considers Acquisition Of Croatia’s National Carrier

June 2016. Press Releases by Karanovic & Nikolic (view listing).

According to recent reports, it seems to be that an exciting update in the aviation world might be waiting around the corner. More precisely, it has been circulated in the media that the global giant and world's fastest growing airline, Turkish Airlines, is contemplating the acquisition of Croatia's national carrier – Croatia Airlines. 

Read more…

Pharma and Biotech 2016: restrictive policies in the pharmaceutical sector

June 2016. Press Releases by Vegas Lex Law Firm (view listing).

On May 31, 2016, Manager of VEGAS LEX Life sciences projects Maria Borzova spoke at the Pharma and Biotech 2016 forum about restrictive policies regulating the use of exclusive rights and the application of the “odd man out” arrangement in the pharmaceutical industry.

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BGH: Reasons for withdrawal immaterial

June 2016. Press Releases by GRP Rainer LLP (view listing).

According to the Bundesgerichtshof’s (BGH) ruling of March 16, in which it bolstered consumers’ right of withdrawal, consumers’ reasons for availing themselves of their right of withdrawal are irrelevant.

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Eterna Law Advises Chernyak on Investment in Brazilian Used Car Purchaser Instacarro

Eterna Law has advised Alexander Chernyak — a co-founder of the Russian used cars broker CarPrice – on his investment into the Brazilian analogue service Instacarro.

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GSK advises online eyewear retailer SmartBuyGlasses

June 2016. Press Releases by GSK Stockmann + Kollegen (view listing).

GSK Stockmann + Kollegen advised the online eyewear retailer SmartBuy-Glasses on the worldwide trademark registration of its trademark families “SmartBuyGlasses” and other brands by means of the international registration (IR) with the World Intellectual Property Organization (WIPO) in Geneva, Switzerland. This was the first time ever an international registration was based on “home” trademarks registered in Antigua and Barbuda.

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GSK expands to Luxembourg

June 2016. Press Releases by GSK Stockmann + Kollegen (view listing).

With the opening of a new office in Luxembourg, GSK Stockmann + Kollegen takes another key step in expanding its business activities. In March 2016 GSK starts operations in Luxembourg with the three Equity Partners Dr. Marcus Peter, Andreas Heinzmann and Dr. Philipp Mößner who will be joined by a team of associates.

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Competition Law: Deceptive packaging is misleading

May 2016. Press Releases by GRP Rainer LLP (view listing).

Large packaging but little in the way of contents. The OLG Hamburg (Higher Regional Court of Hamburg) has ruled that this kind of misleading packaging sizes may infringe competition law (Az.: 3 U 20715).

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Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Enforcement of Arbitration Awards in Cyprus – recent developments

    The global financial crisis of 2008 has generated a substantive amount of financial disputes between multinational and international entities. A much favoured method of resolving such disputes is through Arbitration proceedings. The merits of Arbitration are not going to be explored in this article. Suffice it to mention that cost, speed and privacy are the main reasons why parties opt for arbitration as a preferable mode of dispute resolution.
  • TRANSACTION TYPES AND APPROVAL PROCEDURE

    This article provides general overview about transaction types and their approval procedure. As a result, the Company has to determine the transaction types and applicable statutory requirements in regard to its conclusion.
  • Court Holds Royalties for Foreign-Registered Patents are Not Subject to Withholding Tax in Korea

    Court adhered to the existing position on the determination of royalty payment
  • New tax measures announced

    The Luxembourg Government presented on 29 February 2016 a new set of tax measures to be implemented by 2017, known as the 2017 tax reform package. The new measures concern both corporate and individual taxation, with a particular focus on social justice and international competitiveness. The amendments may be summarised as follows:
  • UCITS V level 2 measures published in the Official Journal of the EU

    On 24 March 2016, the European Commission Delegated Regulation EU 2016/438 supplementing the UCITS V Directive with regard to obligations of depositaries was published in the Official Journal of the European Union. The Delegated Regulation will apply from 13 October 2016.
  • ESMA publishes discussion paper on UCITS share classes

    ​On 6 April 2016 ESMA published a second discussion paper on UCITS share classes. The discussion paper builds on the feedback received in relation to ESMA’s first discussion paper on this issue which was published in December 2014. In analysing the responses to the first discussion paper, ESMA has identified diverging national practices as to the types of share class that are permitted, ranging from very simple to much more sophisticated share classes. ESMA is now seeking stakeholders’ views on common principles which could form the basis for a regulatory framework that all UCITS share classes should comply with. These common principles are as follows:
  • Level 2 measures for UCITS V: an overview

    ​On 24 March 2016, the European Commission Delegated Regulation EU 2016/438 (the “Delegated Regulation”) supplementing the UCITS V Directive with regard to obligations of depositaries was published in the Official Journal of the European Union. The long-awaited so-called level 2 measures for Directive 2014/91/EU of 23 July 2014 as regards depositary functions, remuneration policies and sanctions (“Directive UCITS V”) provide for the following:
  • Rejection of a candidate because of his age - Tribunal finds direct discrimination

    In a recent judgment of the Labour Tribunal of Ghent, division Roeselare of 2 May 2016, the court found that rejecting a candidate because of his age constitutes direct discrimination.
  • Adoption of the EU General Data Protection Regulation

    ​After more than 4 years of negotiation and roughly 4,000 amendments, the General Data Protection Regulation has finally been adopted yesterday by the European Parliament.
  • Luxembourg implements UCITS V

    ​Today, the Luxembourg Parliament (Chambre des Députés) adopted bill of law no. 6845 implementing Directive 2014/91/EU of 23 July 2014 on UCITS as regards depositary functions, remuneration policies and sanctions (“UCITS V Directive”) by way of amending the Luxembourg law of 17 December 2010 on undertakings for collective investment (the “UCI Law”).