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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

 

Bär & Karrer Advises the Sellers of AWK Group

December 2017. Press Releases by Bär & Karrer (view listing).

The owners of AWK Group AG sold the company to Deutsche Private Equity GmbH, an independent German investment company. AWK Group is one of the largest independent Swiss consulting firms for information technology and digitalization.

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OLG Köln: Contesting acceptance of an inheritance on account of an error

December 2017. Press Releases by GRP Rainer LLP (view listing).

If an inheritance is not rejected within a period of six weeks then it is deemed to have been accepted. Notwithstanding this, it may still be possible to contest the acceptance of the inheritance.

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OTP Bank Buys Vojvođanska Banka

December 2017. Press Releases by Karanovic & Nikolic (view listing).

Hungary's OTP Bank bought VojvoÄ‘anska Banka, as well as NGB Leasing and the National Bank of Greece's corporate loan portfolio in Serbia. This is one of the biggest recent banking transactions in the region and it was closed on Friday, the 1st of December in Belgrade. Karanović & Nikolić advised the buyer – OTP Bank, one of the leading banks in Central and Eastern Europe, throughout all of the stages of the acquisition process.

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The basic initiatives of FAS Russia were discussed at a meeting of the RSPP Committee

December 2017. Press Releases by Vegas Lex Law Firm (view listing).

On 29 November 2017, a meeting of the RSPP Committee for promotion of competition, involving the representatives of FAS Russia and VEGAS LEX, was held in order to discuss the antimonopoly service’s initiatives in the area of IT, protection of competition, procurements, administrative and criminal law and tariff regulation.

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VEGAS LEX discusses the specifics and prospects of conclusion of “non-competition agreements”

December 2017. Press Releases by Vegas Lex Law Firm (view listing).

On 28 November 2017, the VEGAS LEX law firm held a breakfast meeting, at which the mechanisms and prospects of the “non-competition” agreements, which ensure preserving of a status quo upon withdrawal of partners from business and which are focused on the companies’ protection against “leakage” of trade secrets (know-how), disclosure of confidential information and “solicitation” of the company’s key personnel by competitors, were discussed.

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VEGAS LEX discusses SICs at the fourteenth joint meeting of the Russian-Japanese and Japanese-Russia

December 2017. Press Releases by Vegas Lex Law Firm (view listing).

Maxim Grigoryev, VEGAS LEX Partner and Head of special projects, spoke at the fourteenth joint meeting of the Russian-Japanese and Japanese-Russian committees for economic cooperation on the topic of efficient use of special investment contracts (SICs) for the creation and development of production in Russia.

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SyCipLaw is largest Philippine firm in 2017 ALB survey

December 2017. Press Releases by SyCip Salazar Hernandez & Gatmaitan (view listing).

In its November 2017 cover story on the 2017 Asia Top 50, ALB lists SyCip Salazar Hernandez & Gatmaitan as the largest law firm in the Philippines. ALB’s Asia Top 50 is an annual list of Asia’s largest law firms by headcount.

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Karanović & Nikolić Hosts The Empowering Students To Enter The Workplace Conference

December 2017. Press Releases by Karanovic & Nikolic (view listing).

Karanović & Nikolić hosted the "Empowering Students to Enter the Workplace" HR conference, held on the 30th of November in Belgrade, Serbia. The event was organised in cooperation with Stanton Chase, one of the top 10 global retained executive search firms, and the guests and panellists included leading professionals in the field of human resources, as well as employment law experts.

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[KIM & CHANG] Top Tier in All Six Areas Surveyed - IFLR 1000

December 2017. Press Releases by Kim & Chang (view listing).

Kim & Chang has consolidated its position as the leading law firm in Korea ranking “Tier 1” across all six practice areas in the 2018 edition of IFLR1000 Financial & Corporate.  We are the only Korean firm to receive top tier rankings in all categories for 14 consecutive years. 

In addition, IFLR named nine Kim & Chang attorneys as "Highly Regarded," two as "Market Leader," and one attorney as a "Rising Star."  According to IFLR, our firm "dominates the market and is routinely involved in the best mandates available across all practice areas."  

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[KIM & CHANG] Only Korean Firm Among the World's Top 100 Law Firms- The American Lawyer’s Global 1

December 2017. Press Releases by Kim & Chang (view listing).

For the fourth year in a row, Kim & Chang is the only ranked law firm in Korea among the world’s largest law firms in the American Lawyer's “The Global 100" report.  

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[KIM & CHANG] "South Korea Firm of the Year" for the Seventh Year - China Law & Pr

December 2017. Press Releases by Kim & Chang (view listing).

At the China Law & Practice Awards 2017, Kim & Chang won "South Korea Firm of the Year.”  This is the seventh consecutive year that our firm’s China Practice has received such recognition.  Further, we are the only Korean firm to be so named.   

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[KIM & CHANG] "National Law Firm of the Year" - Asialaw Asia-Pacific Dispute Resolution Awards 2017

December 2017. Press Releases by Kim & Chang (view listing).

On September 28, at the prestigious third annual Asialaw Asia-Pacific Dispute Resolution Awards 2017, Kim & Chang was named "National Law Firm of the Year - South Korea," along with top recognition in one other major category. 

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VEGAS LEX discusses the problems and disputes arising from bank guarantees and banking activities

December 2017. Press Releases by Vegas Lex Law Firm (view listing).

On 30 November 2017, a round-table meeting that is focused on the problems and trends of disputes arising from bank guarantees and banking activities, involving credit institutions, was held at the office of VEGAS LEX.

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GRP Rainer Rechtsanwälte – Experience in business succession

December 2017. Press Releases by GRP Rainer LLP (view listing).

A large number of small and medium-sized businesses are going to have to make arrangements for business succession in the near future. There are various possible approaches to organizing succession.

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Karanović & Nikolić Hosts The 12th Traditional Conference On Competition Law

December 2017. Press Releases by Karanovic & Nikolic (view listing).

Karanović & Nikolić, together with the Friedrich Naumann Foundation for Freedom, hosted the th of November, 2017, at the Metropol Palace hotel, Belgrade. The conference represents a traditional yearly gathering of experts from the business and legal community, as well as key regulators and stakeholders, to discuss the most important issues and practical implications in field of competition law.

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Webinar of VEGAS LEX and Pravo.ru: legal regulation of personal data in the Russian Federation

December 2017. Press Releases by Vegas Lex Law Firm (view listing).

On 16 November 2017, VEGAS LEX law firm jointly with Pravo.ru hosted a webinar, which was devoted to overview of the requirements, problems and responsibilities for violations in the area of processing of personal data in the Russian Federation.

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Valiant Bank AG places inaugural Swiss Covered Bond

December 2017. Press Releases by Walder Wyss Ltd (view listing).

Valiant Bank AG has successfully placed a CHF250 million covered bond with a 10 year term and carrying a coupon of 0.375 percent. Moody's assigned a provisional (P)Aaa rating to Valiant Bank AG's mortgage covered bonds. Valiant Bank AG intends to have the covered bonds provisionally admitted to trading at the SIX Swiss Exchange on 5 December. The transaction is the first public covered bond issuance entirely structured under Swiss law with a Swiss guarantor. BNP Paribas (Suisse) SA and ZĂĽrcher Kantonalbank act as lead-manager.

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New Partner onboard: GSK Stockmann reinforces Industry-Compliance Group with Partner Hire from Pohlm

December 2017. Press Releases by GSK Stockmann + Kollegen (view listing).

GSK Stockmann reinforces its compliance group with a lateral hire from Pohlmann & Company and continues its push to focus on specific industry sectors and internationalization. Eric Mayer (51) will join GSK Stockmann on December 1, 2017 as a partner and will play a key role in growing the compliance group at GSK.

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OLG Köln: Will written with non-dominant hand valid

December 2017. Press Releases by GRP Rainer LLP (view listing).

It is possible for a will to be valid even if it was written with the hand one does not normally write with. That was the verdict of the Oberlandesgericht (OLG) Köln [Higher Regional Court of Cologne] in its ruling of August 3, 2017 (Az.: 2 Wx 149/17).

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Court of Appeal Rules The Extension Of The Worker Registration Scheme Was Unlawful

December 2017. Press Releases by OTS Solicitors (view listing).

On 7th November 2017, the Court of Appeal, in Secretary of State for Work and Pensions v Gubeladze [2017] EWCA Civ 1751confirmed (again) that the extension of the Worker Registration Scheme from 1 May 2009 to 30 April 2011 was unlawful and incompatible with EU law. 

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GRP Rainer Rechtsanwälte – Experience in establishing companies

December 2017. Press Releases by GRP Rainer LLP (view listing).

Choosing the right corporate form when establishing a company can contribute a great deal to the economic success of the business.

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SyCipLaw is Tier 1 in 2017 Asia IP Rankings

December 2017. Press Releases by SyCip Salazar Hernandez & Gatmaitan (view listing).

Asia IP recognized SyCip Salazar Hernandez & Gatmaitan’s Intellectual Property (IP) practice in its various 2017 rankings this year. SyCipLaw is a Top Tier Philippine Firm in: 

- Copyright, Asia IP Best of the Best: Copyright

- Trademark Prosecution and Trademark ContentiousAsia IP Asia’s Leading Trademark Firms

- Patent Prosecution and Patent ContentiousAsia IP Asia’s Leading Patent Firms

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VEGAS LEX, RUIE and FAS Russia discussed the specifics of new pricing system in the area of heat sup

December 2017. Press Releases by Vegas Lex Law Firm (view listing).

The Russian Union of Industrialists and Entrepreneurs (RUIE) and the VEGAS LEX law firm, involving FAS Russia, held a round-table meeting that is devoted to the specifics and certain aspects of new pricing system and conclusion of contracts in the area of heat supply, and antimonopoly regulation and control in light of change-over to free pricing in heat supply.

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Bär & Karrer Advises Valora on its Rights Offering

December 2017. Press Releases by Bär & Karrer (view listing).

Valora Holding AG completed a capital increase raising net proceeds of approximately CHF 166 million. The capital increase was executed as an "at market" rights offering. The offer price for the new shares was determined following a bookbuilding process for the shares not taken up by existing shareholders. Valora will use the proceeds from the capital increase to refinance its recent acquisition of BackWerk, to finance the expansion of production capacities, to refinance existing capital market instruments and for general corporate purposes. Credit Suisse and J.P. Morgan acted as Joint Global Coordinators and Joint Bookrunners.

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Strict test for testamentary capacity if serious delusions suspected

December 2017. Press Releases by GRP Rainer LLP (view listing).

The testator must have testamentary capacity as a prerequisite for a valid will. Chronic delusions can give rise to a lack of testamentary capacity, as demonstrated by a ruling of the Oberlandesgericht (OLG) Frankfurt [Higher Regional Court of Frankfurt].

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Bär & Karrer Advised KKR on a Follow-On Investment in GetYourGuide

December 2017. Press Releases by Bär & Karrer (view listing).

KKR, a leading global investment firm, together with other investors, has closed an investment to increase its minority stake in GetYourGuide AG. GetYourGuide is the world's largest online platform for tours, activities and attractions and offers over 31,000 activities in nearly 7,300 destinations.

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Nielsen acquires Visual IQ: GSK Stockmann advises on exchange of Management Stock Options

December 2017. Press Releases by GSK Stockmann + Kollegen (view listing).

Nielsen Holdings plc., Wilton, Connecticut (USA), a market research and advertising service provider listed on the New York Stock Exchange, has acquired Visual IQ Inc., one of the leading independent providers of the so-called Multi-Touch-Attribution-Software (MTA). Visual IQ helps its customers to advertise online in a way that allows reaching the highest possible return on investment.

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GRP Rainer Rechtsanwälte: Valuation of commercial agents right to compensation

December 2017. Press Releases by GRP Rainer LLP (view listing).

After a commercial agency agreement has been terminated, the commercial agent is normally entitled to compensation. The assessment of the extent of this right to compensation frequently gives rise to disputes.

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The New National Employment Service’s Practice of Prolonging of Work Permits

November 2017. Press Releases by Karanovic & Nikolic (view listing).

The National Employment Service changed its years-long practice regarding the extension of work permits for persons on secondment.

In particular, pursuant to Article 19 of the Law on the Employment of foreigners, work permits based on secondment are obtained for a period of the duration of an agreement between the local employer - who is the service user, and a foreign employer, but no longer than for one year. Exceptionally, a work permit for a seconded person can be issued for a longer period in case the employee is seconded from a country with which the Republic of Serbia has concluded a secondment related bilateral convention.  

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Advertising in pharmaceutical sector: analysis of judicial practice and protection against risks

November 2017. Press Releases by Vegas Lex Law Firm (view listing).

On 14 November 2017, VEGAS LEX law firm the author’s seminar entitled "Advertising in pharmaceutical sector. Risk elimination practices" for representatives of pharmaceutical companies and manufacturers of medical products and BADS.

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OLG Köln: Only serious misconduct justifies withdrawal from contract of inheritance

November 2017. Press Releases by GRP Rainer LLP (view listing).

Apart from a will, it is also possible to prepare a contract of inheritance as a way of organizing one’s estate. It should be noted, however, that a contract of inheritance has a significantly stronger binding effect.

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GDPR: Relations and responsibilities in the processing of personal data

November 2017. Press Releases by Popovici NiĹŁu Stoica & AsociaĹŁii (view listing).

GDPR: Relations and responsibilities in the processing of personal data (controllers, processors and sub-processors)

There is no doubt that every company processes personal data (e.g. of its’ employees’, clients’, contractual partners’).

Most often, this also involves a constant barter between companies processing personal data and companies providing various services (e.g. HR, IT, payroll, datacenters, cloud services), both of them falling within the scope of the GDPR.

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SyCipLaw Receives 4 asialaw Asia-Pacific Legal Practice Awards Nominations

November 2017. Press Releases by SyCip Salazar Hernandez & Gatmaitan (view listing).

SyCip Salazar Hernandez & Gatmaitan (SyCipLaw) received nominations for the Philippines Firm of the Year; Banking & Finance Firm of the Year; IT, Telecoms & Media Firm of the Year; and South-east Asia Firm of the Year categories of the inaugural asialaw Asia-Pacific Legal Practice Awards.

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Commercial agent’s claim for compensation following voluntary termination

November 2017. Press Releases by GRP Rainer LLP (view listing).

A commercial agent may even be entitled to compensation if he or she voluntarily issues notice of termination. However, the company’s conduct needs to give rise to legitimate grounds for termination for this to happen.

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Pharmacies not allowed to offer promotional gifts in the case of fixed-price pharmaceuticals

November 2017. Press Releases by GRP Rainer LLP (view listing).

Pharmacies are not allowed to offer their customers promotional gifts when the latter are purchasing prescription medicinal products. That was the verdict of the Oberverwaltungsgericht (OVG) NRW, North Rhine-Westphalia’s Higher Administrative Court, in two rulings from September 8, 2017.

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Bär & Karrer Advises Talbot Holding on its Public Tender Offer for ImmoMentum

November 2017. Press Releases by Bär & Karrer (view listing).

On 29 August 2017, Talbot Holding AG, an entity controlled by investment company Actium AG, launched an all cash public tender offer for all listed shares in ImmoMentum AG, a Swiss real estate company listed on BX Berne eXchange invested primarily in residential real estate. With the satisfaction of all offer conditions, the offer was successfully settled on 10 November 2017. As a result, Talbot Holding holds 99.67% of the voting rights and share capital of ImmoMentum.

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OLG Köln on incorporating the execution of a will into the certificate of inheritance

November 2017. Press Releases by GRP Rainer LLP (view listing).

Heirs might be able to do as they wish with an estate even if an execution of a will has been ordered if its function is supervisory in nature. That was the verdict of the Oberlandesgericht (OLG) Köln [Higher Regional Court of Cologne].

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BKL Named Best Firm in South Korea at Euromoney Asia Women in Business Law Awards 2017

November 2017. Press Releases by Bae, Kim & Lee LLC (view listing).

Bae, Kim & Lee ("BKL") has been named the "Best Firm in South Korea" at the Euromoney Legal Media Group Asia Women in Business Law Awards 2017 hosted by the global legal publisher Euromoney Legal Media Group on November 9, 2017 at the JW Marriott Hotel in Hong Kong. Furthermore, senior partner Il Young CHO was honored as the best lawyer in transfer pricing while senior patent attorney Catherine Eunkyeong LEE was recognized as the best lawyer in patent and trademark prosecution among Asia's leading women in the legal profession.

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ECJ Gives Landmark Decision In EU Spouse Case

November 2017. Press Releases by OTS Solicitors (view listing).

The European Court of Justice (ECJ) has ruled an EU national who becomes a British citizen does not lose the right to have a non-EU spouse live with them in the UK.

The court ruled the UK Home Office was mistaken in denying a dual British-Spanish citizen the right to bring her Algerian husband with her to Britain.

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Digital Influencer Marketing – Worldwide Legal Developments and Switzerland

November 2017. Press Releases by Walder Wyss Ltd (view listing).

Digital Influencer Marketing – Worldwide Legal Developments and Switzerland – Digital Influencer Marketing is a new subtle form for reaching target audiences online. Due to its’ increasing emergence as a marketing practice, governmental agencies and selfregulatory bodies worldwide have reacted with the issuance of guidelines how such practices should be conducted in a transparent manner. Also, a few court decisions have been rendered with remarkable remedies ordered. Therefore, it appears sensible to take broad look at what’s happening on our globe. In the following, we will provide (i) an overview on noteworthy legal developments with regard to digital influencer marketing in select jurisdictions worldwide, (ii) an overview on the legal status of digital influencer marketing in Switzerland and (iii) a general impact assessment for businesses in Switzerland. 

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AVELLUM Successfully Represents Česká Exportní Banka Before Ukrainian Courts

November 2017. Press Releases by Avellum (view listing).

AVELLUM successfully represented Česká Exportní Banka, a.s. (“ČEB”) in (i) a number of litigations against a Ukrainian corporate borrower in connection with attempts of illegal transfer of mortgaged real estate assets securing USD37 million loan and (ii) a sale of the relevant loan and security claims.

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AVELLUM Advises Coast2Coast on Acquisition of Household Products Producer Stella Pack

November 2017. Press Releases by Avellum (view listing).

AVELLUM acted as a Ukrainian legal counsel to Coast2Coast, a South-African investment company, on acquisition of Poland-based Stella Pack by Bounty Brands, a part of Coast2Coast portfolio. Stella Pack is a major manufacturer and distributor of household products.

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BTS Solicitors partners GC Academy

November 2017. Press Releases by BTS & Partners (view listing).

The world has gone remarkable progress since the early 2000s. Information and communication technologies, which emerged in the second half of the 1970s and has improved stunningly fast, has now become the main element of economic and social life. Information and communication technologies was first a contributor to the economic and social development, then became a booster, and now has reached the position of being a determinant. It is no longer possible to think of a modern life and economy without information and communication technologies.

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Recent changes to the Labour Code. Tougher rules aimed to tackle undeclared work

November 2017. Press Releases by Popovici NiĹŁu Stoica & AsociaĹŁii (view listing).

By amending the Labour Code in August 2017, via the Emergency Ordinance no. 53/2017, the Government toughened the rules on conclusion and declaration of employment contracts and facilitated the authorities’ control activities in the sensitive area of undeclared work.

Some of the main changes introduced by EGO no. 53/2017 are related to the registration of employment contracts, to the prohibition of rendering work/accepting work in the absence of a written employment contract and to the employer’s obligation to officially record the daily duration of each employee’s presence in the work place, including entry and exit hours.

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Strengthening the Fight against Money Laundering and Terrorism Financing

November 2017. Press Releases by Popovici NiĹŁu Stoica & AsociaĹŁii (view listing).

Laundered money is oxygen to crime, terrorism and tax-avoidance. We need to cut off its supply as best we can. Today's stronger rules are a big step forward but we now need quick agreement on the further improvements the Commission proposed last July",

“(…) The new rules as of today are crucial to closing further loopholes. I urge all Member States to put them in place without delay: lower standards in one country will weaken the fight against money laundering and terrorist financing across the EU. I also call for quick agreement on the further revisions proposed by the Commission following the "Panama Papers" to increase transparency of beneficial ownership”,

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The clock is ticking. Implementing the General Data Protection Regulation

November 2017. Press Releases by Popovici NiĹŁu Stoica & AsociaĹŁii (view listing).

With 2018 just around the corner and the European Union setting a clock on raising the standards of personal data protection, companies are starting to prepare themselves for new challenges.

The General Data Protection Regulation (“GDPR”) approved by the EU in 2016 will enter into force on the 25th of May 2018 and all companies processing personal data need to be compliant by that time.

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Companies are welcoming a new team player – the Data Protection Officer

November 2017. Press Releases by Popovici NiĹŁu Stoica & AsociaĹŁii (view listing).

The new General Data Protection Regulation (“GDPR”) could not have enlarged data controllers’ and data processors’ obligations and apply such great sanctions without anticipating the need for companies to appoint a Data Protection Officer (“DPO”).

While companies must now turn their focus on ensuring compliance with the GDPR every step of the way, the DPO will be a key player in reaching this goal.

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New Partner announcement

November 2017. Press Releases by Boult Wade Tennant (view listing).

Boult Wade Tennant are delighted to announce the promotion of Susi Fish to Partner, effective as of 1 November 2017.

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Inheritance – Waiving compulsory portion among siblings may prove more expensive

November 2017. Press Releases by GRP Rainer LLP (view listing).

Legal heirs who waive their compulsory portion and receive a form of compensation for doing so need to keep an eye on the tax burden. Following a judgment of the Bundesfinanzhof (BFH), Germany’s Federal Fiscal Court, this may turn out to be higher than was previously the case.

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SyCipLaw is Top Tier Firm in IFLR1000 2018 Rankings

November 2017. Press Releases by SyCip Salazar Hernandez & Gatmaitan (view listing).

The IFLR1000 2018 rankings are out. SyCipLaw is ranked Tier 1 in all practice areas covered by their research. These are: Banking, M&A, Project finance, Capital markets, Project development, and Restructuring and insolvency.

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