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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

 

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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Foyen has assisted Stena Renewable with procurement of 19 new wind turbines

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

15 March, 2018

Stena Renewable AB builds 16 wind turbines in the Kronoberget wind power farm and three wind turbines at Vindpark Saxberget. The new capacity adds on to Stena Renewable’s existing 17 wind turbines in operation at Saxberget.

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Karanović & Nikolić Ranks as Leading Law Firm in Chambers Europe 2018

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

We are proud to announce that Karanović & Nikolić has once again emerged on top of the rankings on the most recent list of leading European law firms – the prestigious Chambers Europe 2018. This year's edition of the Chambers Europe has highlighted seven different practice areas within the Karanović & Nikolić legal practice and cooperating offices as belonging to top tier level – Corporate/Commercial, Banking & Finance, Competition/Antitrust, Dispute Resolution, Employment, Energy and Real Estate.

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Bär & Karrer Advises XO Holding on Sale of Priora to Eiffage Construction

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

XO Holding AG sold Priora AG, a leading Swiss project developer and general / total contractor (GC/TC), to Eiffage Construction SA, a French company forming part of the Euronext listed Eiffage group.

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GRP Rainer Rechtsanwälte – Evaluating a trade mark’s distinctiveness

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

Before a mark can be registered as a trade mark, it needs to be assessed whether it possesses the necessary distinctiveness vis-à-vis other vendors’ products and services.

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Announcement of New Senior Associate: ARV Jacoba

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

SyCip Salazar Hernandez & Gatmaitan is pleased to announce the promotion of Anthony R.V. Jacoba as senior associate effective January 1, 2018.

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ELA & SyCipLaw Contribution to Trinity Domus Funds in Dominica

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

SyCip Salazar Hernandez & Gatmaitan joined fellow Employment Law Alliance (ELA) members in raising funds for the rebuilding and refitting of educational and daycare facilities in Dominica following the devastation caused by Hurricanes Irma and Maria in 2017. SyCipLaw is ELA’s exclusive member firm in the Philippines.

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A comparison of Cyprus and BVI corporate structures in the light of recent global tax reforms

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

The recent revelations in the Panama and Paradise Papers illustrated the need for companies to make a shift towards more responsible fiscal behaviour and tax responsibilities. International guidelines such as the OECD guidelines and the 4th EU AML Directive clarify that evasive fiscal practices will be disclosed. This article analyses the implications on some of the most established corporate structure vehicles, British Virgin Islands (BVI) business companies and Cyprus companies, by outlining their key characteristics and evaluating how each jurisdiction is adhering to stricter international compliance standards.

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Sayenko Kharenko advises Ukreximbank on UAH 4 billion repeat of hryvnia-denominated Eurobond

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

Sayenko Kharenko advises Ukreximbank on successful UAH 4 billion repeat of hryvnia-denominated Eurobond

Sayenko Kharenko has acted as Ukrainian legal counsel to JSC “The State Export-Import Bank of Ukraine” in connection with UAH 4,051,000,000 (approximately USD 150,000,000) 16.5 per cent. Loan Participation Notes due 2021. Citigroup Global Markets Limited and J.P. Morgan Securities plc acted as joint lead managers for the issue. sk_ukreximbank_uah_lpn_press-release_eng

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GRP Rainer Rechtsanwälte – Experience drafting valid wills

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

Anyone who wants their estate to be organized in accordance with their wishes prepares a will. However, there are many pitfalls that can result in the will being ineffective.

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Bär & Karrer Advised Axcel on the Acquisition of Invima

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

The Danish private equity company Axcel has acquired all shares in Invima AB, a Swedish corporation, with its subsidiaries including two Swiss subsidiaries. Under the IsaDora brand, Invima AB is one of the Nordic region's leading manufacturers and distributors of cosmetics, with sales in approximately 5,000 stores in forty different countries. The seller Ingvar Vigstrand with family will remain as a minority owner in the new group.

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VEGAS LEX discusses practice of proving business losses in court

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

On 21 February 2018, VEGAS LEX’s experts with the support of RSPP Committee for Property and Judicial System held a conference in Moscow, following a series of events dedicated to main trends in disputes involving recovery of business losses and recommendations for getting the best result (for a plaintiff or a defendant).

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How to protect your interests when concluding and terminating a lease agreement?

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

On 20 February 2018, VEGAS LEX held a conference dedicated to legal aspects of lease relations, certain tax matters, disputes under lease agreements and analysis of the commercial and office property markets.

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AVELLUM Advises Ukrzaliznytsia on USD1 Billion Collaboration with General Electric

March 2018. Press Releases by Avellum (view listing).

AVELLUM Advises Ukrzaliznytsia on USD1 Billion Collaboration with General Electric

AVELLUM acted as the Ukrainian legal counsel to Public Joint Stock Company “Ukrainian Railway” (“Ukrzaliznytsia”) on a USD1 billion collaboration with General Electric Company (“GE”). The project aims at renovating and modernising the locomotive fleet of Ukrzaliznytsia through a long-term joint collaboration for the supply of up to 225 new locomotives and modernisation of 75 currently operating locomotives. In 2018-2019, GE is expected to supply 30 new locomotives to Ukrzaliznytsia through a financial lease agreement with Joint Stock Company “The State Export-Import Bank of Ukraine”.

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Rescinding acceptance of an inheritance on account of an error

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

It is only possible to rescind acceptance of an inheritance on account of an error concerning the estate’s over-indebtedness if the heir assumed that the estate was of value.

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OTS Solicitors Is Expanding To Chancery Lane

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

OTS Solicitors is delighted to announce that due to rapid growth and expansion, the firm has now expanded into additional offices.  The firm is adding 160 sq meters of office space at a new Chancery Lane branch in addition to its current 80 sq meters in the existing Fleet Street office, providing a total of 240sq meters with room for further expansion.  From 12th March 2018, the team at OTS Solicitors will see all clients at their new offices located at 25 Southampton Buildings WC2A 1AL.

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Sayenko Kharenko names five new partners

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

Sayenko Kharenko is pleased to announce the promotion of five new partners in six of the firm's market-leading practices: banking & finance, capital markets, corporate & M&A, international arbitration, international trade, and private wealth management.

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Chambers Global 2018 ranks SyCipLaw as Band 1 Firm

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

Chambers Global 2018 has ranked SyCip Salazar Hernandez & Gatmaitan as a Band 1 firm in Corporate & Finance and Projects, Infrastructure & Energy.

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Dismissal with immediate effect for sending business documents to personal email address effective

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

Anyone sending business documents to his or her personal email address should expect to be dismissed with immediate effect. This comes from a ruling of the Landesarbeitsgericht (LAG) Berlin-Brandenburg [Regional Labour Court of Berlin-Brandenburg] from May 16, 2017.

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Cyprus VAT on Land – Updates by the Tax Department

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

In November 2017, the Cyprus parliament voted an important amendment to the Cyprus VAT Legislation, which amends the main VAT Law N.95(I)/2000 concerning taxation of building land, in order to align it with the provisions of EU VAT Directive 2006/112/EC. The amendment has entered into force on 2 January 2018.

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Sayenko Kharenko advised on financing the construction of spent nuclear fuel storage facility

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

Sayenko Kharenko acted as Ukrainian legal counsel in connection with the USD 250 million financing to State Enterprise "National Nuclear Energy Generating Company "Energoatom" (Energoatom), operator of all running nuclear power plants in Ukraine.Read more...

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OLG Bremen: Right reserved in a joint will to make amendments can be restricted

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

The right reserved in a joint will to make amendments can be made conditional on the approval of a third party. That was the verdict of the Oberlandesgericht (OLG) Bremen [Higher Regional Court of Bremen].

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Alltech Sells its Factory in Serbia to Lesaffre

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

Alltech - a leading global animal and crop nutrition company, sold its baking yeast factory in Senta, in northern Serbia, to Lesaffre - a leading global baking yeast and fermented products company. The acquired factory will continue to produce baker's yeast for the Serbian market and yeast extracts for the food and animal feed industries. The transaction is in line with Alltech's continued focus on its core business in animal and crop nutrition.

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Sayenko Kharenko supported Ukreximbank in the launch of UZ partnership with GE

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

Sayenko Kharenko acted as Ukrainian legal counsel to Joint Stock Company “The State Export-Import Bank of Ukraine” (Ukreximbank) in connection with the inaugural deal within the USD 1 billion framework agreement between Public Joint Stock Company Ukrainian Railways (Ukrzaliznytsya) and General Electric Transportation relating to the purchase, modernization and leasing of GE locomotives. Read more...

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Two Baker & Partners Team Members Promoted as Pupil Gains Recognition for Advocacy Excellence

March 2018. Press Releases by Baker & Partners (view listing).

Baker & Partners, a specialist litigation and dispute resolution practice based in Jersey Channel Islands, has promoted two members of its legal team to Associates of the firm following their successful completion of the Jersey Law Exams.  At the same time, one of their Pupil Barristers has gained the Middle Temple and a Master David Blunt QC prize while participating in the Middle Temple Advocacy Course 2018. 

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LAG Rheinland-Pfalz: Employee needs to have good cause for termination with immediate effect

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

For termination of an employment relationship with immediate effect to be effective, there needs to be good cause. This is true whether notice of dismissal is issued by the employer or the employee.

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Tax Update

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

Cyprus Tax Authorities announce the 10 year bond yield for Notional Interest Deduction (NID) purposes

The Cyprus tax authorities have announced the interest yield of the 10 year government bonds as at 31st December 2017 which increased by 3% grants tax allowance on new capital introduced into the Cyprus company.

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Bär & Karrer Welcomes New Tax Counsel

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

Bär & Karrer is pleased to announce Prof. Dr. Andrea Opel as a new counsel to the firm. She joined the tax team in Zurich on 1 March 2018.

Andrea Opel studied Law at the University of Basel and then worked as academic assistant before completing her doctorate in 2008. She habilitated in 2015 at the University of Basel. Besides her counsel role at Bär & Karrer, Andrea Opel continues to act as professor for tax law at the University of Lucerne. She is a member of the board of the Institute of Business Law at University of Lucerne as well as a member of the Swiss Association of Tax Law Professors.

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Bär & Karrer Advised Orior on the Placement of Shares by Way of an Accelerated Bookbuilding

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

Orior AG successfully placed 592,499 new shares by way of an accelerated bookbuilding in a private placement with institutional investors. The placed shares are sourced from the company's existing authorized share capital and the pre-emptive rights of the existing shareholders have been excluded.

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AVELLUM Advises Ministry of Finance of Ukraine on State-Guaranteed USD250 Million Loan to Energoatom

March 2018. Press Releases by Avellum (view listing).

AVELLUM Advises Ministry of Finance of Ukraine on State-Guaranteed USD250 Million Loan to Energoatom

AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine on the state-guaranteed USD250 million loan extended to State Enterprise National Nuclear Energy Generating Company “Energoatom”.=

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Bär & Karrer Advised HQLAx on the first Live Securities Lending Transaction Using R3's Corda Blockc

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

On 1 March 2018, financial technology innovator HQLAx together with Credit Suisse and ING completed the first live securities lending transaction using R3's Corda blockchain platform. The transaction included a basket swap between Credit Suisse and ING of value EUR 25 million using the HQLAx Corda-based collateral lending application. During the transaction, Credit Suisse and ING transferred legal ownership of Dutch and German government securities on the platform using HQLAx Digital Collateral Records (DCRs) while the underlying securities remained static.

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Foyen recruits corporate counsel with cutting-edge expertise in energy law

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

20 February, 2018

Foyen Advokatfirma has recruited corporate counsel Johan Bogren from E.ON. Johan joins the firm’s Construction; Energy, Land and Environment; and Commercial Law practice groups.

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Hassans receives Highly Commended at the European UK Captive Awards 2017

March 2018. Press Releases by Hassans (view listing).

The first European & UK Captive Awards 2017 was held in London yesterday, Tuesday 10th October.

The Awards commend and reward those European and UK providers of captive insurance products and services, as well as captives themselves who have outperformed their competitors and peers, demonstrating the highest levels of excellence over the 12 month judging period.

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Hassans receives Highly Commended at the European UK Captive Awards 2017

March 2018. Press Releases by Hassans (view listing).

The first European & UK Captive Awards 2017 was held in London yesterday, Tuesday 10th October.

The Awards commend and reward those European and UK providers of captive insurance products and services, as well as captives themselves who have outperformed their competitors and peers, demonstrating the highest levels of excellence over the 12 month judging period.

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Hassans advises Sunborn on the issuing of EUR 58 million bonds

March 2018. Press Releases by Hassans (view listing).

Hassans International Law Firm, Gibraltar’s largest law firm, has acted for Sunborn Gibraltar on the issuing of a Euro 58,000,000 bond which has been listed on Nasdaq Stockholm.

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ITIRIV and Hassans International Law Firm announce strategic partnership

March 2018. Press Releases by Hassans (view listing).

ITIRIV and Hassans International Law Firm announce strategic partnership with global blockchain provider, BlockEx

ITIRIV, Gibraltar-based digital management consultants, and Hassans, Gibraltar’s largest law firm, are excited to announce a strategic partnership with BlockEx, a blockchain technology provider offering digital asset creation, issuance and trading platform (DAxP).

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Hassans announces six partner promotions

March 2018. Press Releases by Hassans (view listing).

Hassans International Law Firm is delighted to announce six partner promotions. The promotions bring the total number of partners at Hassans to 46. The new partners are:

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Hassans continues its long-term environment commitment

March 2018. Press Releases by Hassans (view listing).

Hassans continues its long-term environment commitment as pro bono legal advisers to the Environmental Safety Group (ESG)

Hassans’ Partner David Dumas QC has been the ESG’s dedicated legal adviser for the work carried out by the Group, locally, and on Campo cross-border and international issues, for the last 14 years. This followed the decision by Senior Partner James Levy QC in 2002 to commit the firm to further the singular aim of bettering the environment, within and outside Gibraltar. Apart from providing legal advice and drafting and submitting paperwork, Hassans has also assisted in the funding the ESG’s many campaigns on practically every environmental issue.

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Hassans achieves another clean sweep of Tier 1 rankings in Legal 500 EMEA

March 2018. Press Releases by Hassans (view listing).

Legal 500, one of the leading international legal directories which provides rankings of law firms based purely on client feedback, published their Europe, Middle East and Asia (EMEA) results yesterday.

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Hassans broadens its reach globally in Chambers and Partners

March 2018. Press Releases by Hassans (view listing).

Hassans received unique recognition last week for its gaming experts in the globally renowned Chambers and Partners.

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Hassans to donate ÂŁ30,000 to Calpe House Trust over the next 3 years

March 2018. Press Releases by Hassans (view listing).

James Levy CBE QC (Senior Partner) and Javier Chincotta (Managing Partner) of Hassans met with Trustees of Calpe House, Albert Poggio OBE GMH, Vice President and Edward Yome, the Commissioner of Police, to present a cheque for ÂŁ10,000. Hassans has committed to providing ÂŁ10,000 to the Trust each year for the next three years.

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Hassans advises Playtech plc in relation to its application for a B2B remote gambling licence

March 2018. Press Releases by Hassans (view listing).

Playtech plc, a leading online software and platform provider, has successfully obtained a remote gambling B2B licence in Gibraltar. Playtech is one of the most recognised providers in the gaming industry and at the forefront of new developments.

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Serbian Commission Fines Another Bid Rigging Cartel

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

The Serbian Competition Commission (the "Commission") recently fined four undertakings for bid rigging in the public procurement for the maintenance of train wagons. The contracting authority, the "Nikola Tesla" power plant, which represents the largest electricity-producing complex in Serbia, informed the Commission about possible collusion in public procurement for repair services for the train wagons it uses in coal transportation.

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Employer’s right to give instructions regarding business trips abroad

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

An employer’s executive prerogative entails being able to order business trips abroad if the employee commits himself to undertake this kind of service in his or her employment contract. That was the verdict of the Landesarbeitsgericht (LAG) Baden-Württemberg [Regional Labour Court of Baden-Württemberg].

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