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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

 

MOZAMBIQUE ENVIRONMENT

November 2018. Press Releases by VdA- Vieira de Almeida (view listing).

MOZAMBIQUE: ENVIRONMENT | NEW REGULATION ON THE EXTENDED RESPONSIBILITY OF PRODUCERS AND IMPORTERS OF PACKAGING

On 29 December 2017, Decree 79/2017, of 28 December 2017,/strong>, approving the Regulation on the Extended Responsibility of Producers and Importers of Packaging (the “Regulation”), came into force.

The Regulation’s objective is the adoption of principles, rules and guidelines to increase the responsibility of producers and importers of packaging in order to safeguard the environment and public health, in the context of sustainable development.

Read more…

ANGOLA | AMENDMENTS TO THE LEGAL FRAMEWORK GOVERNING REGISTRATION

November 2018. Press Releases by VdA- Vieira de Almeida (view listing).

ANGOLA | AMENDMENTS TO THE LEGAL FRAMEWORK GOVERNING REGISTRATION WITH AND CONTRIBUTIONS TO THE MANDATORY SOCIAL SECURITY SYSTEM

Presidential Decree 227/18, of 27 September 2018, which will come into force on 27 December 2018, repealed Decree 38/08, of 19 June 2008, and significantly amended the Legal Framework governing Registration with and Contributions to the Mandatory Social Security System. Important amendments include:

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ANGOLA: MARGINAL FIELDS DECREE

November 2018. Press Releases by VdA- Vieira de Almeida (view listing).

Presidential Legislative Decree 6/18, of 18 May 2018 (“PLD 6/18”) enacted the Marginal Fields Decree.

Below you will find an overview of PLD 6/18.

Read more…

BANKING & FINANCE: NEW BNA INSTRUCTIONS ON EXCHANGE RATE POLICY

November 2018. Press Releases by VdA- Vieira de Almeida (view listing).

INSTRUCTION NO. 01/2018

  • Establishes, among other provisions, that the sale and purchase of foreign currency shall be carried out through auctions, via the SGMC, and also defines the access requirements for participation of Commercial Banks in these auctions and the procedures they should observe in this regard.
  • This Instruction, which entered into force yesterday, repeals Instruction no. 10/2105.

Read more…

COMPETITION & EU: ANGOLA APPROVES COMPETITION ACT

November 2018. Press Releases by VdA- Vieira de Almeida (view listing).

On 18 April 2018, the National Assembly of Angola approved the Competition Act (the “Act”).

The safeguard of sound competition between economic agents aims at fully implementing a market economy, stimulating the Angolan economy and improving the standing of Angola in the “Doing Business” international rankings. The Act is applicable to all economic sectors, thus covering private, public and cooperative undertakings, as well as business associations.

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WHAT IS NEW IN PUBLIC PROCUREMENT IN ANGOLA: PUBLIC PROCUREMENT UNIT AND PROJECT OR CONTRACT MANAGER

November 2018. Press Releases by VdA- Vieira de Almeida (view listing).

Presidential Decree 88/18 came into force on 6 April and establishes the rules for the organization and operation of the Unidades de Contratação Pública [Public Procurement Units] (“UCP”). These Units will intervene at the stages of formation and management of projects and contracts executed by Entidades Públicas Contratantes [Public Contracting Entities] (“EPC”), i.e., public entities (and state-owned companies) qualified as such in the Public Contracts Act.

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ANGOLA NEW RULES FOR OIL INDUSTRY PUBLIC TENDERS AND PROCUREMENT OF SUPPLIES/SERVICES

November 2018. Press Releases by VdA- Vieira de Almeida (view listing).

Presidential Decree 86/18, of 2 April 2018 (“PD 86/18”), introduced several modifications to the rules governing the following activities:

  • Public tenders for awarding of oil blocks
  • Procurement of supplies and services by oil operators

Below is a summary of the most significant changes by PD 86/18:

Read more…

ANGOLA NEW PRIVATE INVESTMENT LAW AND REGULATORY INVESTMENT AGENCY

November 2018. Press Releases by VdA- Vieira de Almeida (view listing).

1 - PRIVATE INVESTMENT LAW

HOT OFF THE PRESS: The Angolan National Assembly approved the new private investment regime by means of Law 10/18, of 26 June 2018 (“2018 PIL”)

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ANGOLA - NATURAL GAS FRAMEWORK LAW

November 2018. Press Releases by VdA- Vieira de Almeida (view listing).

Presidential Legislative Decree 7/18, of 18 May 2018 (“PLD 7/18”) enacted the Angola Natural Gas Framework Law. Below you will find an overview of PLD 7/18.

Read more…

ANGOLA | AMENDMENTS TO PRIVATE INVESTMENT RULES ON THE GOVERNMENT RADAR

November 2018. Press Releases by VdA- Vieira de Almeida (view listing).

A new organizational model for the carrying-out of private investment operations is currently being considered by the Angolan Government. The basis for this new model was recently published by the Technical Unit for Private Investment (“UTIP”) – a specialized unit established back in 2015, responsible for assisting the Head of the Executive with private investment related matters – in a document entitled the “New Private Investment Operational System Framework (“NPIOSF”). In a nutshell, the NPIOSF recommends the implementation of two structural changes to the existing framework:

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PROPOSAL FOR AMENDMENT - TRANSFER OF UNDERTAKINGS, BUSINESSES OR PARTS OF BUSINESSES

November 2018. Press Releases by VdA- Vieira de Almeida (view listing).

Today was promulgated by the President of the Portuguese Republic, the diploma of the Parliament amending the legal regime applicable to the transfer of undertakings, businesses or parts of businesses and that strengthens the rights of workers, proceeding to the amendment to the Labor Code, approved in annex to Law No. 7/2009, of 12 February

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RIGHT TO COMPENSATION FOR DAMAGES FROM INFRINGEMENTS OF COMPETITION LAW

November 2018. Press Releases by VdA- Vieira de Almeida (view listing).

Act 23/2018, establishing the legal framework on the right to compensation for damages from infringements of competition law, was published on 5 June 2018. This legislative act transposes into Portuguese law the Directive 2014/104/EU of the European Parliament and of the Council, of 26 November 2014, which established common rules to all Member States on actions for damages from infringements of competition law provisions.

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REGULATION OF THE BENEFICIAL OWNER CENTRAL REGISTER LEGAL REGIME

November 2018. Press Releases by VdA- Vieira de Almeida (view listing).

Ministerial Order 233/2018, of 21 August 2018 (“Ministerial Order 233/2018”), which regulates the legal regime of the Beneficial Owner Central Register (“BOCR”), enacted by Law 89/2017, of 21 August 2017 (“Law 89/2017”), enters into force today.

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PROGRAMA CAPITALIZAR (CAPITALIZE PROGRAM) – EXTRAJUDICIAL FRAMEWORK FOR BUSINESS RECOVERY

November 2018. Press Releases by VdA- Vieira de Almeida (view listing).

Law no 8/2018, of 2 March 2018 was published last Friday, establishing the Regime Extrajudicial de Recuperação de Empresas (Extrajudicial Framework for Business Recovery) (“RERE”), which is effective as of 3 March 2018.

Read more…

CONVERSION OF CREDITS INTO CAPITAL IN COMPANIES WITH A MINIMUM TURNOVER OF €1 MILLION

November 2018. Press Releases by VdA- Vieira de Almeida (view listing).

Law no. 7/2018, of 2 March 2018 was published last Friday, establishing a new legal framework for conversion of credits into capital.

Approved as part of the Programa Capitalizar (Capitalize Program) and effective as of 3 March, the Act affords companies and their creditors an extrajudicial recovery and restructuring avenue to act swiftly with regard to the capitalization of companies in a weak financial position but that are economically viable.

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NEW BASIC REGULATION ON COMMON RULES IN THE FIELD OF CIVIL AVIATION

November 2018. Press Releases by VdA- Vieira de Almeida (view listing).

NEW BASIC REGULATION ON COMMON RULES IN THE FIELD OF CIVIL AVIATION AND ESTABLISHING A EUROPEAN UNION AVIATION SAFETY AGENCY

On 11 September 2018 came into force the new Basic Regulation – Regulation (EU) 2018/1139 of the European Parliament and of the Council of 4 July 2018 on common rules in the field of civil aviation and establishing a European Union Aviation Safety Agency (“New Basic Regulation”) – that repealed the former Basic Regulation (Regulation 216/2008 of the European Parliament and of the Council).

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BEWARE OF RPM – COMMISSION ISSUES FINES FOR ONLINE RESALE PRICE-FIXING

November 2018. Press Releases by VdA- Vieira de Almeida (view listing).

On 24th July 2018, the European Commission (EC) issued four decisions fining Asus, Philips, Denon & Marantz and Pioneer, for a total of 111 million EUR, for fixing or establishing minimum resale prices on online retailers, a commercial practice also known as resale price maintenance (RPM).

According to the EC, such RPM practices restricted online retailers’ ability to set their own retail prices for widely used consumer electronics product infringing EU competition rules.

Read more…

GUIDANCE ON THE DIRECT APPLICATION OF THE GENERAL DATA PROTECTION REGULATION

November 2018. Press Releases by VdA- Vieira de Almeida (view listing).

The European Commission (the “Commission”) has issued, on the 24 January, a Communication containing guidance in view of facilitating the direct application of the General Data Protection Regulation (“GDPR”) in all the European Union (the “EU”) as of 25 May 2018 (the “Communication”). Simultaneously, the Commission has also published a set of GDPR-related Q&A and an online tool to help companies – focusing on SMEs -, citizens and public administrations understand the new rules.

Read more…

ANTI-MONEY LAUNDERING AND COMBATING TERRORIST FINANCING

November 2018. Press Releases by VdA- Vieira de Almeida (view listing).

On 26 September 2018, the Bank of Portugal issued Notice no. 2/2018 (“Notice 2/2018”), which sets out the conditions for compliance with the prevention of money laundering and combating terrorist financing (“AML/CTF”), complementing Law no. 83/2017 (“Law 83/2017”), regulating the means and mechanisms necessary for financial entities to comply with the duties set forth in Law no. 97/2017 (“Law 97/2017”).

Read more…

REGULATIONS ON ABANDONMENT AND DECOMMISSIONING OF UPSTREAM OIL AND GAS FACILITIES

November 2018. Press Releases by VdA- Vieira de Almeida (view listing).

Presidential Decree 91/18, of 10 April 2018 (“PD 91/18”) enacted the regulations on abandonment and decommissioning of upstream oil and gas facilities located in Angola.

Below you will find an overview of PD 91/18.

Read more…

Employment & Benefits

November 2018. Press Releases by VdA- Vieira de Almeida (view listing).

Update of the Social Support Indexation (IAS)’s value

It was published in the National Official Journey the Decree no. 21/2018 updating the annual Social Support Indexation (IAS)’s value, which is now € 428.90.

Read more…

MAGNUSSON AT IBA ANNUAL CONFERENCE IN ROME

November 2018. Press Releases by Magnusson (view listing).

At the upcoming IBA Annual Conference in Rome, Magnusson will be represented by a strong team of partners representing six countries of the Baltic Sea Region.

Read more…

LEGAL FRAMEWORK OF THE PHARMACEUTICAL SECTOR IN EGYPT

November 2018. Press Releases by Riad & Riad (view listing).
  • Introduction
  • Regulatory Authorities
  • Licensing Pharmaceutical Entities
  • Warehousing
  • Selling Pharmaceutical Factory
  • Drug Registration
  • Drug Marketing & Advertisement
  • Drug Pricing
  • Scientific Offices
  • Drug Manufacturing
  • Drug Distribution
  • Drug Importation
  • Drug Exportation

INTRODUCTION

Having an effective and enforceable legal structure for the pharmaceutical sector is an essential element in achieving the country's goals of accessibility, quality, and rational use of medicine.

This report aims to review the current pharmaceutical sector-related legal provisions in Egypt. The pharmaceutical sector in Egypt is mainly regulated by law No. 127 of 1955 on the Pharmacy Profession (“Pharmacy Law”) and other decrees and internal circulars issued by MoH and its affiliated bodies.

One of the constitutional rights under the Egyptian Constitution, as amended in 2014, is the healthcare right. Part of the healthcare right is the accessibility of medicines in an equal manner and at affordable prices. The Constitution mandates on the Government to spend at least 3% of the GDP on healthcare. Such percentage is supposed to gradually increase to reach the international standards.

Read more…

GOLAW Announces New Partners

November 2018. Press Releases by GOLAW (view listing).

GOLAW, an international law firm with offices in Ukraine and Germany, announces Kateryna Manoylenko, Iryna Kalnytska and Igor Glushko as new partners at the firm.

Read more…

Mozambique | Spectrum Auction

November 2018. Press Releases by VdA- Vieira de Almeida (view listing).

The Mozambique Government has recently published in the Official Gazette Resolution no. 12/2018, of April 25, determining the authorisation for the launch of an auction procedure for the grant of rights of use of radiofrequencies in the 800MHz, 1800MHz and 2600MHz bands. The base bidding prices shall be set by a Joint Order to be issued by the Ministers of Finances and Communications. The rules and procedures governing the auction shall be determined by INCM, the communications national regulatory authority.

Read more…

Hengeler Mueller advises Linde on merger related squeeze-out

November 2018. Press Releases by Hengeler Mueller (view listing).

Following completion of the business combination between Linde and Praxair under the holding Linde plc, the companies have announced the implementation of a merger-related squeeze-out. Linde AG shall be merged into Linde Intermediate Holding AG, an indirect 100% subsidiary of Linde plc. The merger agreement entered into in that respect provides that a squeeze-out of the minority shareholders of Linde AG against adequate cash compensation shall occur in the context of the merger. The required squeeze-out resolution shall be passed at an extraordinary general meeting of Linde AG on 12 December 2018.

Read more…

Maravela|Asociații, counsels in another life sciences cross-border M&A transaction

November 2018. Press Releases by Maravela & Asociaţii (view listing).

Maravela|Asociații assisted Precision for Medicine, part of Precision Medicine Group, in connection with the Romanian law aspects of its multimillion EUR value cross-border acquisition of Argint International.

Precision for Medicine supports life sciences companies in the use of biomarkers essential to targeting patients more precisely and effectively. With more than 1,450 employees in 25 locations in the US, Canada, and Europe, Precision Medicine Group activates in fields from advanced lab sciences to translational informatics and clinical trial delivery.

Read more…

fwp extends its expertise by appointing a new junior partner from its own ranks

October 2018. Press Releases by Fellner Wratzfeld & Partners (view listing).

Vienna, September 2018. Motivated and energetic - this is how the new junior partner of Fellner Wratzfeld & Partner (fwp) presents himself. One of Austria’s leading law firms acclaims Clemens Gabriel’s new status as attorney-at-law registered since 19 September 2018.

“The quality of our performance is based on the successful development of our teams – this includes taking on board long-serving associates who wish to work with us as attorneys after having successfully passed their exam and being admitted to the Austrian bar association”, emphasises founding partner Markus Fellner.

Read more…

GOLAW Announces New Partners

October 2018. Press Releases by GOLAW (view listing).

GOLAW, an international law firm with offices in Ukraine and Germany, announces Kateryna Manoylenko, Iryna Kalnytska and Igor Glushko as new partners at the firm.

Read more…

The rights of “indirect” shareholders

October 2018. Press Releases by L.G. Zambartas LLC (view listing).

The rights of “indirect” shareholders to address minority oppression claims to the Cyprus Courts; L.G. Zambartas LLC break new ground in Cypriot Law.

Read more…

BANKING LITIGATION - SWISS FRANC LOANS

October 2018. Press Releases by L.G. Zambartas LLC (view listing).

If you have taken out a Swiss Franc mortgage loan you are certainly not alone if you are facing problems.

Read more…

Appointment as Special Agent of the LISCR

October 2018. Press Releases by L.G. Zambartas LLC (view listing).

On 17 December 2015 George Zambartas and Sonia Ajini

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Amendment of the Cypriot Wills and Succession Law

October 2018. Press Releases by L.G. Zambartas LLC (view listing).

How does the EU Regulation number 650/2012 in relation with the amendment of the Cypriot Wills and Succession Law, Cap. 195, affect British residents of Cyprus.

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Hassan Elhais recognised as Thought Leader in Private Client – Asia-Pacific by Lexology

October 2018. Press Releases by Al Rowaad Advocates & Legal Consultants (view listing).

Hassan Elhais has been recognised as a Thought Leader in Private Client – Asia Pacific for United Arab Emirates in the first Lexology Awards.

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Successful ship arrest in the territorial waters of Cyprus

October 2018. Press Releases by L.G. Zambartas LLC (view listing).

We were instructed by a leading maritime legal practice in the UK, on behalf of their Client, based also in the UK , to apply for the ship arrest of a vessel with Russian flag.

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Arrest of Vessel

October 2018. Press Releases by L.G. Zambartas LLC (view listing).

In the admiralty case between (1) a leading bunker supplier (the “Plaintiffs”)

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Our Manchester family law office recruits new solicitor to support business growth

October 2018. Press Releases by Stowe Family Law (view listing).

September 17, 2018

Solicitor Rachel Darrell has joined the Stowe Family Law central Manchester office.

Rachel advises on all aspects of family law including divorce, matrimonial finances and cohabitation disputes as well as having experience in private children law.

Read more…

Stowe Family Law in Winchester expands its team with a fertility and surrogacy law expert

October 2018. Press Releases by Stowe Family Law (view listing).

September 12, 2018

Solicitor Bethan Cleal has joined the Stowe Family Law team in Winchester.

Bethan advises on all aspects of family law including divorce and is a specialist in domestic and international surrogacy arrangements.

Following her training in a niche fertility law firm, she has experience of fertility cases involving legal parentage and donor conception. Bethan has also advised on divorce and civil partnership dissolution and financial matters arising upon separation.

Read more…

A new solicitor joins the Tunbridge Wells office

October 2018. Press Releases by Stowe Family Law (view listing).

September 4, 2018

Solicitor Rebecca Coates has joined the Stowe Family Law office in Tunbridge Wells due to continued business growth.

Rebecca advises on all aspects of family law and is a specialist in divorce and financial arrangements. She regularly represents parents in child arrangements cases and has substantial experience working with victims of domestic abuse and securing protective injunctions and exclusion orders. Rebecca has also worked with unmarried couples drawing up prenups and cohabitation agreements.

Read more…

Two new appointments at the Stowe Family Law Manchester office

October 2018. Press Releases by Stowe Family Law (view listing).

August 2, 2018

There have been two new appointments at the Manchester office of Stowe Family Law, the UK’s largest specialist family law firm, with Michelle Ashworth joining as Senior Solicitor and Gareth Curtis being promoted to Managing Partner.

Read more…

Stowe Family Law is shortlisted for three Yorkshire Legal Awards

October 2018. Press Releases by Stowe Family Law (view listing).

August 1, 2018

Stowe Family Law is celebrating being shortlisted for three Yorkshire Legal Awards: Family Law Award, Law Firm of the Year: Medium and the Rising Star of the Year award for Charlotte Newman in our Leeds office.

Read more…

Stowe Family Law makes new promotion to its London family law team

October 2018. Press Releases by Stowe Family Law (view listing).

July 31, 2018

Stowe Family Law, the UK’s largest specialist family law firm, has promoted Mira Gohil to Partner at the firm’s London Chancery Lane office.

Previously at the St Albans office, Mira practices a broad range of private family matters. She is an expert at contested divorce, cohabitation disputes, private children matters and financial remedy proceedings, frequently working on complex and high net worth cases.

Read more…

New solicitor brings a wealth of experience to the Stowe Family Law London Victoria office

October 2018. Press Releases by Stowe Family Law (view listing).

July 27, 2018

We are delighted to announce that Solicitor Jonathan Day has joined the London Victoria office of Stowe Family Law.

Jonathan advises on all areas of family law including divorce, civil partnerships, matrimonial finance, cohabitation issues and private law children cases. He has worked on a number of high-profile divorce cases involving public figures and media interest.

Read more…

Stowe Family Law speaks out on no-fault divorce

October 2018. Press Releases by Stowe Family Law (view listing).

July 26, 2018

Yesterday the Supreme Court announced its eagerly awaited judgment in the Owens v Owens case which unanimously dismissed Mrs Owens appeal and said she must remain married to her estranged husband, for the time being.

Read more…

The St Albans Stowe Family Law team expands due to continued business growth

October 2018. Press Releases by Stowe Family Law (view listing).

July 24, 2018

We are delighted to announce that Senior Solicitor Bindu Bansal has joined the St Albans office of Stowe Family Law.

Bindu specialises in private matrimonial matters and has assisted clients with a range of issues including divorce/separation, cohabitation disputes, domestic violence, children and division of financial resources. She also advises on pre/postnuptial and cohabitation agreements.

Read more…

Stowe Family Law’s growth continues with a new office in Reading

October 2018. Press Releases by Stowe Family Law (view listing).

July 17, 2018

We are pleased to announce that the Stowe Family Law office in Reading is now officially open.

The new office is located at One Valpy, contemporary offices in Reading’s central business district, that overlook the stunning Forbury Gardens.

Read more…

The Esher team expands due to continued business growth

October 2018. Press Releases by Stowe Family Law (view listing).

July 16, 2018

We are delighted to announce that Senior Solicitor Sarah Hodges has joined the Esher office of Stowe Family Law.

Sarah advises on all aspects of family disputes including divorce, dissolution of civil partnership, financial and children issues. She also has significant experience in advising on prenuptial agreements and separation agreements including unmarried couples.

Read more…

The Stowe Family Law office in Harrogate raises over £1000 for Saint Michael’s Hospice

October 2018. Press Releases by Stowe Family Law (view listing).

July 10, 2018

The Stowe Family Law office in Harrogate has raised over £1000 for local charity Saint Michael’s Hospice in its Make a Will Month campaign.

Running throughout April, the campaign saw nine local law firms offer people the chance to have their will made or reviewed for a donation to the hospice instead of paying the usual professional fee.

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The Stowe Family Law team in Leeds raise £250 for The Sick Children’s Trust

October 2018. Press Releases by Stowe Family Law (view listing).

July 6, 2018

The Stowe Family Law office in Leeds combined a celebration of its new office and a charity fundraiser for The Sick Children’s Trust last night.

Held at Thewlis Cocktail Lounge in Leeds, over 50 guests joined the team on a warm summer’s evening for some cocktails and catching-up.

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We’ve expanded our Altrincham team due to business growth

October 2018. Press Releases by Stowe Family Law (view listing).

June 21, 2018

We are thrilled to announce that Senior Solicitor Camilla Burton – Baddeley has joined the Altrincham office of Stowe Family Law.

Camilla has worked solely in family law since she graduated in 2008 from the College of Law in Chester. She advises upon all aspects of family law including divorce, civil partnerships, matrimonial finance, cohabitation issues and private law children cases.

Read more…

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Korean Financial Regulators Advance Legislation to Introduce Regulatory Sandbox to Spark FinTech

    The 2018 year in review in Korea was notable for the sluggish overall economy, uncertainty surrounding the geo-politics and impact on Korea due to the global trade wars, on-going concerns related to the lack of jobs and unemployment, increased taxes and burdens for businesses and families, and no meaningful improvement or clarity in the current situation for 2019. In response, the Korean National Assembly passed a legislation called the Financial Innovation Support Act (the “FinISA”) on December 7, 2018 to spark the financial services industry in conjunction with FinTech products and services. The FinISA, which will soon take effect in March 2019, is intended to lay the legal foundation to introduce a regulatory sandbox for innovative financial services, where FinTech firms test their new products and services without certain regulatory oversight pursuant to exemptions for a limited period of time (“Sandbox”). As the FinISA exempts or defers application of existing finance-related regulations for new financial technology, products or services with the purpose of fostering the creation of innovative and new financial products and services, it will also support the stabilization of such services in the financial services market at the end of the testing period and is expected that the FinISA will support a revitalization of the FinTech industry which experienced sluggish growth in recent times. In particular, as companies and investors become more interested in security tokens and Security Token Offerings (“STO”) which are regulated by the Financial Investment Services and Capital Markets Act (the “FSCMA”), there have been on-going discussions and debates as to whether the FinISA could lead to a breakthrough in the crypto-asset industry based on blockchain technology. Crypto assets encompasses those assets which utilize blockchain technology where the asset is digitalized by utilization of cryptography, peer-to-peer networks and a public ledger of verified transactions resulting in a ‘units’ of such a crypto asset without any involvement by middle-persons or brokers (e.g., cryptocurrency.
  • DISMISSAL AT NISSAN AND WORKPLACE CRIME PREVENTION

    The sacking of Nissan’s high-profile chairman may have beenproof that nobody is infallible. But Nicola Sharp argues that it should also beseen as an indicator that no company can be considered safe from wrongdoing.
  • 2018 FCPA Enforcement Actions and Highlights

    Overall, 2018 was a more active year in terms of Foreign Corrupt Practices Act ("FCPA") enforcement actions compared to 2017.
  • Legality of advertising with statements on the effects of medical treatments

    Advertisements featuring statements on the effects of medical treatments are only permissible if they are supported by sound scientific evidence. This was reaffirmed by the Oberlandesgericht (OLG) Frankfurt, the Higher Regional Court of Frankfurt.
  • Sayenko Kharenko announces new partner promotion

    Sayenko Kharenko announces new partner promotion
  • ECJ – Distinctive character necessary for registration as EU trade mark

    For a sign to be capable of being registered as an EU trade mark, it must be distinctive across the entire European Union. This was confirmed by the Court of Justice of European Union (ECJ) in a ruling from 25 July 2018.
  • Supporting local and international charitable organizations

    As one of the leading law firms in Cyprus, we are active promoters and supporters of local economic growth by sponsoring local events, applying environmental-friendly practices, minimizing our ecological impact, and most importantly, by raising money for local charities and non-profit organizations.
  • BAG – Employers can claw back bonus payments

    The Bundesarbeitsgericht (BAG), Germany’s Federal Labour Court, confirmed in a recent ruling that employers can claw back collectively agreed bonus payments from employees under certain circumstances.
  • Stricter supervision in relation to the Scheme for Naturalisation of Investors in Cyprus by Exceptio

    Recently there were a lot of publications within the European Union expressing concerns about the allegedly very high number of Cypriot passports being given to foreign investors the last few years. The Council of Ministers has decided on 9th January 2018 with the decision with number 84.069, to impose a stricter supervision of all the parties involved in the Scheme for the naturalisation of non-Cypriot investors in Cyprus by exception.
  • 19% VAT on Plots

    In order to harmonize the  Acquis Communautaire on the Taxation of untapped and undeveloped plots of land, the Cyprus Government enacted, on 03/11/2017, relevant legislation for the imposition of 19% Value Added Tax (VAT) on these properties, with a date of enforcement being 02/01/2018. The relevant legislation refers to plots/pieces of land offered and/or provided for construction for economic purposes.