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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

 

BAG: Employer not liable for harm caused by vaccine

May 2018. Press Releases by GRP Rainer LLP (view listing).

Employers who have flu vaccines administered within their company are not liable for any harm that might occur as a result of the vaccine. That was the verdict of the Bundesarbeitsgericht (BAG), Germany’s Federal Labour Court, in a recent ruling.

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Tax Update

May 2018. Press Releases by Stelios Americanos & Co (view listing).

Cyprus Tax Department has announced that, as of June 1st 2018, the following taxes, not bearing interest and charges, can ONLY be paid via JCCsmart (website www.jccsmart.com.cy). JCCsmart is a Cyprus portal used to contact payments to various organizations including the Government. This measure follows the successful implementation of the Pay As You Earn (PAYE) tax withheld from employees through JCCsmart.

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Bär & Karrer Advises on the Financing of the Largest Thermoelectric Plant in Latin America

May 2018. Press Releases by Bär & Karrer (view listing).

Centrais Elétricas de Sergipe S.A. (CELSE) has successfully issued bonds for approx. USD 1 billion equivalent in local currency at a fixed, long-term rate in international capital markets. The innovative bond issue is guaranteed by the Swiss Export Risk Insurance (SERV), the export credit agency of Switzerland. The bonds are part of a financial package to finance the development, design, construction, operation and maintenance of a thermoelectric power plant by CELSE in the state of Sergipe in the northeast region of Brazil. Besides the bond issue for approx. USD 1 billion, the transaction includes a USD 200 million loan from the International Finance Corporation and a financial package of the Inter-American Development Bank in the amount of approx. USD 300 million. Once operational expected for in 2020, CELSE will sell electricity to 26 distribution companies in Brazil, becoming the largest and most efficient thermoelectric plant in Latin America and the Caribbean.

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BAG: Threats made by employee can justify dismissal with immediate effect

May 2018. Press Releases by GRP Rainer LLP (view listing).

Employers do not have to accept threats made by employees. These can constitute good cause justifying extraordinary notice of dismissal with immediate effect, as demonstrated by a ruling of the Bundesarbeitsgericht (BAG), Germany’s Federal Labour Court.

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SyCipLaw is Tier 1 Firm in IP STARS 2018 Rankings

May 2018. Press Releases by SyCip Salazar Hernandez & Gatmaitan (view listing).

SyCip Salazar Hernandez & Gatmaitan (SyCipLaw) was once again ranked by Managing IP’s IP STARS 2018 as a Tier 1 firm in Patent and Trademarks/Copyright in the Philippines. In addition, SyCipLaw partners Enrique T. Manuel and Vida M. Panganiban-Alindogan are ranked as Trade mark star – Philippines. Mr. Manuel is also ranked as Patent star – Philippines.

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Bär & Karrer Advises lastminute.com on Partial Self-Tender Offer

May 2018. Press Releases by Bär & Karrer (view listing).

On 21 September 2017, an extraordinary shareholders' meeting of the SIX Swiss Exchange listed lastminute.com N.V. authorized the board of directors to repurchase up to 33 1/3% of the company's share capital by means of a partial self-tender offer. The resolution adopted under Dutch law contained detailed information, among others regarding the period for which the authorization is granted, the manner in which the shares are repurchased and the price range within which the offer price must be set.

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New Serbian Law on Foreigners Adopted

May 2018. Press Releases by Karanovic & Nikolic (view listing).

In March 2018, the new Serbian Law on Foreigners was adopted, replacing the 2008 version of this law- in force until recently without any amendments. The new law will enter into force on 3 October 2018.

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The Serbian Law on Foreign Exchange Amended

May 2018. Press Releases by Karanovic & Nikolic (view listing).

On 20 April 2018, the amendments to the Law on Foreign Exchange (the “Law”) were adopted and will enter into force on 28 April 2018. Exceptionally, the application of certain provisions related to the assuming of competencies over foreign exchange control by the National Bank of Serbia is delayed until 1 January 2019.

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Bär & Karrer Advises Vyaire Medical on its Acquisition of Acutronic Medical Systems

May 2018. Press Releases by Bär & Karrer (view listing).

Vyaire Medical, Inc., a global leader in respiratory care, acquired all shares in the Acutronic Medical Systems group, a Switzerland and Germany-based leader in the design and manufacture of neonatal ventilation equipment.

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Deadline Extended: Justice Florentino P. Feliciano Arbitration Writing Competition

May 2018. Press Releases by SyCip Salazar Hernandez & Gatmaitan (view listing).

The submission deadline of the Justice Florentino P. Feliciano Arbitration Writing Competition has been extended to 5:00 pm of June 30, 2018. The competition is open to any student who, on the deadline for submission, is enrolled in the Juris Doctor or Bachelor of Laws program of any Philippine law school.

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GOLAW STRENGTHENS ITS TEAM OF LEADERS

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

GOLAW announces the appointment of its employees to the new key positions: Max Lebedev became a Partner at the Firm, and Iryna Kalnytska, Kateryna Manoylenko, Anatoli Grabovy, and Igor Glushko became Counsels to the Firm. 

“The GOLAW clients are our greatest value. The GOLAW team consists of real professionals, and we are confident that the new personnel changes are our investment in the future of the Firm and a guarantee of the further provision of highest quality services.”

- Valentyn Gvozdiy, Managing Partner at GOLAW

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Bär & Karrer Advises Porterhouse on the Acquisition of the Clinic Group Paracelsus

April 2018. Press Releases by Bär & Karrer (view listing).

Porterhouse Group AG, a family owned investment holding company based in Lucerne, has been accepted by the creditors’ committee to acquire the clinic group Paracelsus. The clinic group Paracelsus is a private hospital operator with 40 facilities in 22 locations. Completion is subject to the approval of the insolvency plans by the creditors’ committees and merger control approval by the German Federal Cartel Office.

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Bär & Karrer Advises Deutsche Börse on the Acquisition of Swisscanto Funds Centre

April 2018. Press Releases by Bär & Karrer (view listing).

Clearstream International S.A., a subsidiary of Deutsche Börse, acquired all shares in the London based Swisscanto Funds Centre Limited. The deal allows Clearstream to expand its services in the funds space with the management of distribution contracts and data processing. The purchase agreement was signed on 23 April 2018. The transaction is expected to close within the third quarter of 2018, subject to approval of the relevant authorities.

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SyCipLaw Partner CRZ Lopez Recognized in Client Choice 2018

April 2018. Press Releases by SyCip Salazar Hernandez & Gatmaitan (view listing).

SyCipLaw partner Carlos Roberto Z. Lopez has been recognized at the Client Choice Awards 2018.  

The Client Choice Awards was established in 2005 to recognize law firm partners around the world who stand out for their excellent client service. This year, the Awards recognized 384 partners across 66 jurisdictions worldwide based on quality of legal advice, commercial awareness, industry knowledge, strategic thinking, billing transparency, tailored fee structures, value for money, responsiveness, effective communication, clarity of documentation, sharing of expertise, appropriate staffing, project management, use of technology, loyalty and ethics.

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GRP Rainer Rechtsanwälte – New additions to commercial and company law team

April 2018. Press Releases by GRP Rainer LLP (view listing).

We at the international commercial law firm GRP Rainer Rechtsanwälte have bolstered our team in order to make further improvements to the high-quality advice we provide to our growing clientele.

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Bär & Karrer Awarded M&A Deal of the Year by IFLR

April 2018. Press Releases by Bär & Karrer (view listing).

Bär & Karrer was awarded "M&A deal of the year" on the IFLR European Awards in London last night.

Based on a comprehensive analysis, Bär & Karrer received the award for the M&A Deal of the Year for the merger of ChemChina and Syngenta. The deal is considered as one of the largest all cash transactions ever. Bär & Karrer acted in this transaction as adviser to Syngenta. The team was led by Rolf Watter, Partner and Head of Mergers & Acquisitions.

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The use of AI in Law: How just is machine justice?

April 2018. Press Releases by Karanovic & Nikolic (view listing).

Artificial intelligence is a burning topic in many sectors today and the legal industry is no exception. Recently, at the World Services Group’s annual employment law conference held in February, AI was heavily debated along with its’ impact not only on the legal profession, lawyers, clients, the way business is done, but also our traditional understanding of concepts such as “law” or “justice”.

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Montenegrin Competition Agency takes over State Aid control

April 2018. Press Releases by Karanovic & Nikolic (view listing).

As of recently, state aid control is a part of the Montenegrin Competition Agency's (the "Agency") scope of authority. The Montenegrin Parliament enacted a new State Aid Control Law (the "State Aid Law"), largely aligned with the EU legal framework - especially with Articles 107 and 108 of the TFEU. In the institutional sense, the new law grants the Agency the competence for reviewing state aid, since the former State Aid Commission was not considered a sufficiently operationally-independent authority - which represented an issue in Montenegro's EU accession negotiations (Chapter 8).

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Your Thoughts: Crypto Confidence

April 2018. Press Releases by Yigal Arnon & Co (view listing).

Adv. Adrian Daniels, partner at Yigal Arnon & Co. and Co-head of the Fintech practice, shares his thoughts on Cryptocurrency in this Finance Monthly article.

pdf finance_monthly_-_your_thoughts_-_crypto_confidence_03.04.2018

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Prohibition of competition – BGH bolsters commercial agents’ rights

April 2018. Press Releases by GRP Rainer LLP (view listing).

Commercial agency agreements often include a prohibition of competition, also known as a no-competition clause. Notwithstanding this, certain clauses in the general terms and conditions may be invalid, as is clear from a ruling of the Bundesgerichtshof (BGH), Germany’s Federal Supreme Court (Az.: VII ZR 100/15).

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Bär & Karrer Advised Copernicus Holding on the Establishment of its Structure and Obtaining a FINMA

April 2018. Press Releases by Bär & Karrer (view listing).

Copernicus Group is a financial service provider in the canton Ticino for institutional and private UHNWI clients, offering also family office and wealth planning services. The group consists of Copernicus Asset Management SA and Copernicus Wealth Management and Services SA. On 20 March 2018, Copernicus Asset Management started operating as a fully licensed Swiss asset manager of collective investment schemes.

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OLG Düsseldorf – Deletions in a will need to be ambiguous

April 2018. Press Releases by GRP Rainer LLP (view listing).

If a testator removes parts of his will, these deletions should demonstrably come from him. Otherwise, the deleted passages might still be effective.

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Sayenko Kharenko advised the world’s largest brewing corp. in respect of creating of a joint ventu

April 2018. Press Releases by Sayenko Kharenko (view listing).

Sayenko Kharenko advised the world’s largest brewing corporation in respect of creating of a joint venture

Sayenko Kharenko has acted as Ukrainian legal counsel to Anheuser-Busch InBev S.A./N.V. (AB InBev) and SUN InBev Ukraine in relation to the combination of the Russian and Ukrainian businesses and assets of AB InBev and Anadolu Efes Biracilik ve Malt Sanayii AS (Efes), two of the world’s largest brewing companies, and the creation of a joint venture. Cleary Gottlieb Steen and Hamilton LLP acted as AB InBev’s global counsel, while Efes was represented by Norton Rose Fulbright LLP.

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Foyen assist NetNordic in acquisition of Efftel

April 2018. Press Releases by Foyen Advokatfirma AB (view listing).

13 April, 2018

Foyen has assisted NetNordic in its acquisition of 100% of the shares in Efftel AB, including its subsidiary Efftel Solutions AB. Efftel delivers cloud based telephony and communication services to Swedish businesses. Efftel has 12 employees and revenues of ca. SEK 20 million.

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Karanović & Nikolić Recognized as Top Tier Law Firm by Legal 500

April 2018. Press Releases by Karanovic & Nikolic (view listing).

We are proud to announce that Karanović & Nikolić and its cooperating lawyers have once again been recognized as a top tier legal practice on the 2018 Legal 500 list of leading law firms. This prestigious UK-based directory provides comprehensive worldwide coverage on recommended law firms.

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During his participation with the Qatari trade delegation

April 2018. Press Releases by Gulf Legal Consultants (view listing).

Mr. Jumah Nasser Al Kaabi, Director of Gulf Legal Consultants, during his participation with the Qatari trade delegation accompanying the Emir's visit to the U.S.

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جمعة الكعبي للعرب

April 2018. Press Releases by Gulf Legal Consultants (view listing).

جمعة الكعبي للعرب

(( ضروري للدفاع عن مقدرات الوطن ))

للمزيد انقر هنا

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Enforcement of a Pledge over the Shares of a Cyprus Company (“Cyprus Pledge”)

April 2018. Press Releases by Stelios Americanos & Co (view listing).

A. Pledge

A pledge is by definition a possessory security interest and thus involves the delivery of possession, actual or constructive. A security interest is valid and enforceable once it has been attached to the asset and is perfected. A security interest that has been attached and perfected is enforceable as between the pledgor and pledgee. The effect of attachment is that the security interest fastens on the asset so as to give the creditor rights in rem.

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Bär & Karrer Advises Allianz Suisse on the Acquisition of DAS Switzerland

April 2018. Press Releases by Bär & Karrer (view listing).

On 3 April 2018, Allianz Suisse Versicherungs-Gesellschaft AG has acquired all shares in DAS Rechtsschutz-Versicherungs-AG. Through this acquisition Allianz Swiss becomes one of the largest providers of legal protection insurance in the Swiss market.

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MMAN Advocates Appoints Carole Ayugi as Managing Partner

April 2018. Press Releases by Muthaura Mugambi Ayugi & Njonjo Advocates (view listing).

MMAN Advocates is delighted to announce the appointment of Carole Ayugi as Managing Partner beginning January 1, 2018. Carole, one of the founding Partners, has over 15 years experience in commercial and corporate law with a focus on Corporate Transactions, Employment & Pensions, Intellectual Property, Projects andAlternative Dispute Resolution.

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OTS Solicitors Unveils Opening of Dubai Office And Invites You To A Seminar On UK Business Visa Requ

April 2018. Press Releases by OTS Solicitors (view listing).

OTS Solicitors has experienced rapid success and growth over the last 12 months.  As part of our expansion, the partners are now proud to announce the opening of our Dubai office on 1st May 2018.

To celebrate the opening of the Dubai branch which will focus on the firm’s very high net-worth private client advisory business, OTS Partners, Mr Oshin Shahiean and Ms Teni Shahiean, along with Ms Saida Ahmed, Senior business immigration Advisor are hosting a seminar at the Hyatt Regency Dubai Creek Heights 14th April 2018.  The seminar is entitled “UK Business Visa Requirements - Helping foreign nationals and businesses enter and remain in the UK”.  In addition, the partners and senior immigration advisor, Ms Saida Ahmed will be providing businesses and individuals interested in relocating to the UK the opportunity to talk about their ambitions further in 30-minute one-to-one sessions on Sunday, 15th April and Monday, 16th April 2016.

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BGH on compensation for bribes

April 2018. Press Releases by GRP Rainer LLP (view listing).

Bribes are immoral and justify compensation claims for damages. These can be directed at recipients as well as those who initiated the bribes.

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Arendt & Medernach appoints three new Partners

April 2018. Press Releases by Arendt & Medernach (view listing).

Luxembourg, 25 January 2018 - Arendt & Medernach has the pleasure of announcing the appointment of three new Partners.

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Tariff regulation 2018: specifics of application and judicial practice

April 2018. Press Releases by Vegas Lex Law Firm (view listing).

The Russian Union of Industrialists and Entrepreneurs (RSPP) and the VEGAS LEX law firm, involving FAS Russia and the Ministry of Energy of the Russian Federation (Minenergo of Russia), held a round-table meeting that was devoted to specifics and prospects for development of law enforcement practices in tariff regulation taking into account the legislation in force.

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VEGAS LEX conventionally participated in the MIPIM-2018, the largest international property forum in

April 2018. Press Releases by Vegas Lex Law Firm (view listing).

On 14 March 2017, Igor Chumachenko, Partner of VEGAS LEX, spoke at the Tenth Session of Cannes Investors Club, the annual meeting of the property market leaders within the framework of the MIPIM International Investment Exhibition, and talked about the key legislative changes in the area of construction and investment activities for 2017-2018.

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Karanović & Nikolić Supports The Belgrade Pre-Moot Competition & Arbitration Conference

April 2018. Press Releases by Karanovic & Nikolic (view listing).

With record breaking attendance this year, Karanović & Nikolić continued its traditional support to the Belgrade pre-moot and X Belgrade Arbitration conference, organized by the University of Belgrade, Faculty of Law.

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Landmark Deal: PPF Acquires Telenor’s CEE Operations for 2.8 Billion Euros

April 2018. Press Releases by Karanovic & Nikolic (view listing).

Karanović & Nikolić, together with White & Case as lead international counsel, advised PPF Group, the Czech investment firm, on the EUR 2.8 billion acquisition of Telenor's assets in Central and Eastern Europe. The transaction includes the Norwegian telecoms firm's mobile operations in Bulgaria, Hungary, Montenegro and Serbia, as well as the technology service provider Telenor Common Operation. The transaction requires necessary regulatory approval and is expected to be completed within Q3 2018.

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GRP Rainer Rechtsanwälte – Report on the distinctiveness of a trade mark

April 2018. Press Releases by GRP Rainer LLP (view listing).

In order to be able to register a company symbol or logo as a trade mark, it needs to have the necessary distinctive character to distinguish it from the products and services of other businesses.

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Karanović & Nikolić at the Symposium for Lawyers in Serbian Banks

April 2018. Press Releases by Karanovic & Nikolic (view listing).

Maja Jovančević Šetka, partner ⃰ at Karanović & Nikolić's Banking & Finance practice group, held a presentation titled "Risk Participation Agreement – Collateral or Derivative, Implementation of the Law on Foreign Exchange Operations" at a symposium for lawyers in Serbian banks. Organised by the Association of Serbian Banks, the conference was held at Lake Palić in Serbia, on the 8th and 9th of March, under the title "The Status of Banks and Legal Protection".

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Cederquist represents NDX Intressenter AB in connection with its public cash offer for Nordax Group

April 2018. Press Releases by Advokatfirman Cederquist (view listing).

Cederquist represents NDX Intressenter AB, a bidding vehicle jointly established by Nordic Capital Fund VIII and Sampo plc, in connection with its public cash offer for Nordax Group AB (publ.).

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Bygghemma Group listed on Nasdaq Stockholm

April 2018. Press Releases by Advokatfirman Cederquist (view listing).

The shares in Bygghemma Group First AB (publ) have today, on 27 March 2018, been admitted to trading on Nasdaq Stockholm.

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Karanović & Nikolić at the Intellectual Property in Serbia Conference

April 2018. Press Releases by Karanovic & Nikolic (view listing).

Tamara Bubalo, Associate in Karanović & Nikolić's Intellectual Property practice group, held a presentation on 5 March at the "Intellectual Property in Serbia" conference. Organized by the European Law Students Association (ELSA) as part of the "IP Law in Serbia" project, the event was held at the University of Belgrade, Faculty of Law< premises and was attended by more than 140 eminent legal and business professionals and students.

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Internal Lawyers Seminar

April 2018. Press Releases by Patrikios Pavlou & Associates LLC (view listing).

Our firm organized an exciting retreat weekend for the legal team that aimed in encouraging the lawyers to enforce internal ties, discuss internal matters, develop their skills further and have fun with the colleagues. The retreat weekend took place on the 24th and 25th February 2018 in Elysium Hotel in Paphos.

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Karanović & Nikolić: Managing Emotions in Labour Disputes – More than Law

April 2018. Press Releases by Karanovic & Nikolic (view listing).

On 21 March, Karanović & Nikolić held its traditional student workshop titled “Managing Emotions in Labour Disputes – More than Law”. The event was organised in cooperation with the University of Belgrade, Faculty of Law.

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MEDICAL CANNABIS LEGALISATION

April 2018. Press Releases by Stelios Americanos & Co (view listing).

THE MAIN PROVISIONS OF THE LEGISLATION WHICH IS UNDER DISCUSSION BEFORE THE HOUSE OF THE REPRESENTATIVES FOR THE LEGALISATION OF THE IMPORTATION AND/OR PRODUCTION AND/OR CULTIVATION OF PHARMACEUTICAL CANNABIS

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FBME Bank Ltd: Compensation to Depositors, Deadline until 11th April 2018.

April 2018. Press Releases by Stelios Americanos & Co (view listing).

The Central Bank of Cyprus has on 9/4/2016, activated the procedure for the payment of compensation amount from the Deposit Guarantee Fund for Banks for deposits held in FBME Bank Ltd – Cyprus branch.

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LAG Hamm: Dismissal on grounds of suspicion must comply with strict requirements

April 2018. Press Releases by GRP Rainer LLP (view listing).

If an employer wants to issue notice of dismissal on grounds of suspicion, the circumstances need to be sufficiently suspicious such that it is almost certain the employee in question committed the relevant offence.

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Sayenko Kharenko has represented the interests of Group DF

April 2018. Press Releases by Sayenko Kharenko (view listing).

Sayenko Kharenko has represented the interests of Group DF in an interim review of anti-dumping measures applied to imports into Ukraine of nitrate ammonium originating in the Russian Federation 2018.04.04_sk_group_df_eng

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STAMP DUTY

April 2018. Press Releases by Stelios Americanos & Co (view listing).

1. Scope of the Stamp duty Law.

1.1.Stamp duty is governed by Stamp Duty Law (19/1963) (hereinafter the “Law”). The Law (article 4 (1)) provides that the documents that are specifically named in its first schedule (and only such documents) are subject to stamp duty provided these documents relate to: (i) assets situated within the Republic of Cyprus; or (ii) matters or things to be performed or done in Cyprus; irrespective of the place of execution of such documents.

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Cyprus’ strong economic recovery-2018 Outlook

March 2018. Press Releases by Stelios Americanos & Co (view listing).

Cyprus’ strong economic recovery will continue in 2018 with the GDP expected to be 3.2% (2017: 3.8%) which is well above the European Union average. Inflation forecast shows an increase in 2018 to 1.2% (2017: 0.7%) well within the healthy limits, with unemployment expected to be near the 10% mark in comparison with 13% of the year before.

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