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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

 

Notional Interest Deduction (NID) Rules

July 2018. Press Releases by GVZH Advocates (view listing).

By virtue of Legal Notice 37 of 2018, the Maltese government introduced the Notional Interest Deduction (NID) Rules. Traditionally, businesses operating in Malta finance their operation via debt, given that interest is a deductible taxable expense. On the other hand, equity funded business do not have a corresponding deduction and hence the NID aims to equate the tax treatment of debt and equity by allowing the deduction of a notional interest over equity.

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The Malta Gaming Authority (MGA) Publishes Industry Guidelines on the General Data Protection Regula

July 2018. Press Releases by GVZH Advocates (view listing).

In anticipation of the coming into force of the GDPR, the MGA, in consultation with the Office of the Information and Data Protection Commissioner (“IDPC”) has issued a guidance document which intends to provide B2C licensees with guidance on the processing of personal data carried out throughout the course of their gaming service operations.

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GOLAW has Successfully Defended the Interests of One of the Largest Banks in Ukraine

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

GOLAW has successfully defended the interests of Ukrsotsbank, one of the largest banks in Ukraine, in a credit dispute over the obligations under a surety agreement.

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GRP Rainer Rechtsanwälte – Abuse of a dominant market position – Antitrust assessment

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

Businesses are not allowed to abuse their dominant market position, as this constitutes a violation of antitrust law. The key issue that requires assessment is when this kind of abuse has occurred.

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Heirs within a patchwork family

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

Patchwork families, also known as blended families, are no longer a rarity today, yet succession law has yet to adapt to this development. According to the rules of intestate succession, stepchildren come away empty-handed.

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Bär & Karrer Advises BZ Bank on Purchase of United Grinding Group

July 2018. Press Releases by BÄR & KARRER LTD. (view listing).

BZ Bank Aktiengesellschaft, through its acquisition company LEMRO AG, purchased the United Grinding Group from Körber Beteiligungen GmbH. The United Grinding Group is one of the world's leading suppliers of precision grinding machines.

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Bär & Karrer advised PSP Swiss Property on Sale of a Commercial Property

July 2018. Press Releases by BÄR & KARRER LTD. (view listing).

PSP Swiss Property sold a commercial property in Petit-Lancy, Geneva. The property at the Av. des Morgines 8/10 (approx. 14'000 m2 of rentable space) was sold for CHF 55 million to an affiliate company of Epic Suisse AG.

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JunHe Reputation | JunHe Ranked Tier 1 for Patent and Tier 2 for Trademark/Copyright by ALB 2018

July 2018. Press Releases by JunHe LLP (view listing).

Asian Legal Business, an authoritative publication on the law profession in the region, released its 2018 ALB IP Rankings in May 2018. Continuing the strong results it has consistently attained over the last 8 years, the JunHe IP team once again performed outstandingly well, maintaining a Tier 1 ranking for patent services and Tier 2 for trademark/copyright.

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Announcement | JunHe welcomes Mr. Chris Tang

July 2018. Press Releases by JunHe LLP (view listing).

JunHe warmly welcomes Mr. Chris Tang in our Hong Kong office. Mr. Tang’s areas of expertise are capital markets, corporate and M&A.

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GmbH shareholder’s rights of access and inspection

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

The shareholders of a GmbH, a type of German private limited company, have extensive rights to information that go beyond the general meeting of the shareholders, and they are able to exercise their rights of access and inspection.

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AVELLUM and A.G.A. Partners announce combination

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

AVELLUM and A.G.A. Partners announced that two law firms have agreed to combine effective 9 July 2018. This strategic combination brings together renowned transactional practice of AVELLUM and experienced dispute resolution practice of A.G.A. Partners.

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GRP Rainer Rechtsanwälte – Assessing manager liability in the event of imminent insolvency

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

One of a managing director’s duties is filing for insolvency on time. If this duty is breached, the managing director may be held personally liable.

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Bär & Karrer Advises Credit Suisse and Goldman Sachs in a Combined Offering on the Placement of Sha

July 2018. Press Releases by BÄR & KARRER LTD. (view listing).

Idorsia Ltd successfully placed 11,912,000 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. The offer price was set at CHF 25.62 per share. Additionally, Idorsia successfully placed CHF 200 million of senior unsecured convertible bonds due 2024 in a private placement with institutional investors.

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GOLAW has been recognised in 13 practices by the annual research "Ukrainian Law Firms: A Handbook fo

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

According to the annual research "Ukrainian Law firms in 2018", GOLAW has been recognised in 13 practices, while lawyers of the firm have been named as the notable practitioners in several fields of law. Among them - Managing Partner Valentyn Gvozdiy (Tax and Transfer Pricing, Litigation), Senior Partner Sergiy Oberkovych (Energy & Natural Resources), Partner Angelika Moisieieva and Counsel Igor Glushko (Criminal Law / White-Collar Crime). 

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VEGAS LEX in Best Lawyers 2019

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

On 27 June 2018, the results of Best Lawyers 2019 rating* have been announced: VEGAS LEX experts strengthened its positions in main fields of law.

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BGH: Removal of a shareholder managing director for good cause

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

When it comes to the removal of a shareholder managing director of a GmbH, a type of German private limited liability company, for good cause, it is a matter of whether there was in fact good cause at the time the decision was taken.

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BCLP (Russia) advised MasterCard Member Association on Russia's first Cash-Out service

June 2018. Press Releases by Bryan Cave Leighton Paisner LLP (view listing).

Bryan Cave Leighton Paisner (Russia) LLP has advised MasterCard Member Association on launching an innovative service on the Russian market: simultaneous cash-out with POS payment by bank card at shop tills (tentatively named “Cash-Out” or “Purchase with Cash Back”). 

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AVELLUM Advises Uber on Merger Control Clearance for Joint Venture with Yandex

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

AVELLUM acted as the Ukrainian legal counsel to Uber on obtaining a merger control clearance from the Antimonopoly Committee of Ukraine for the creation of a joint venture with Yandex. The new company is valued at USD3.8 billion.

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No discrimination – Local authority position for equal opportunity officer only open women

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

Germany’s General Act on Equal Treatment, aka the allgemeine Gleichbehandlungsgesetz (AGG), is supposed to protect against discrimination, e.g. on the basis of gender. That being said, exceptions can be made, as demonstrated by a ruling of the Landesarbeitsgericht (LAG) Schleswig-Holstein [Regional Labour Court of Schleswig-Holstein].

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AVELLUM Advises Ukrainian Investment Firm on Establishment of JV in Renewable Energy Sector

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

AVELLUM Advises Ukrainian Investment Firm on Establishment of Joint Venture in Renewable Energy Sector

AVELLUM acted as the legal counsel to Investment Capital Ukraine (“ICU”) on the establishment of a joint venture with VR Capital Group to develop a 63.8 MW solar power plant in Khmelnytskyi region.

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AVELLUM advises EBRD on UAH/EUR multi-currency loan to Nova Poshta

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

AVELLUM advises EBRD on UAH/EUR multi-currency loan to Nova Poshta

AVELLUM acted as the Ukrainian legal counsel to the European Bank for Reconstruction and Development (“EBRD”) in connection with a senior secured loan of up to EUR9.5 million to Limited Liability Company “Nova Poshta” (“Nova Poshta”).

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AVELLUM advises Nordcurrent on acquisition of Blam! Games Studios

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

AVELLUM advises Nordcurrent on acquisition of Blam! Games Studios

AVELLUM acted as the Ukrainian legal counsel to Nordcurrent on the acquisition of Blam! Games Studios. Nordcurrent is the largest game development studio in the Baltic region. Blam! Games Studios is a Ukrainian game development and animation studio, which has been cooperating with Nordcurrent since 2014.

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Bär & Karrer Advises Vontobel on the Placement of CHF 450 Million Tier 1 Bonds to fund the acquisit

June 2018. Press Releases by BÄR & KARRER LTD. (view listing).

Vontobel Holding AG successfully completed the placement of CHF 450 million perpetual additional tier 1 subordinated bonds. The additional tier 1 subordinated bonds were issued at 100% of their nominal amount with an interest of 2.625% until 2023. The proceeds of this capital market transaction will be mainly used to finance the acquisition of Notenstein La Roche Private Bank.

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Legelata advises AGRIF COOPERATIEF U.A of the Netherlands in Acquisition of Stake in Inecobank cjsc

June 2018. Press Releases by Legelata Law firm (view listing).

AGRIF COOPERATIEF U.A. is a fund managed by Incofin Investment Management in Belgium. Incofin Investment Management is an alternative fund manager which are focused on investments in emerging countries and are driven by desire to promote inclusive progress. Leading investors of agRIF Cooperatief U.A  are leading development funds, banks, insurance companies, pension funds, high net worth and retail investors.

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Highlights: ELA Asia Pacific Client Conference

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

SyCip Salazar Hernandez & Gatmaitan hosted the Employment Law Alliance (ELA) Asia Pacific Client Conference last March 13, 2018. The meeting was attended by 57 representatives from 26 Philippine companies, and by 27 representatives from ELA member firms in China, Guam, Hong Kong, India, Indonesia, Japan, Laos, Malaysia, Myanmar, Philippines, Singapore, Sri Lanka, Taiwan, Thailand, and Vietnam.

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Highlights: Multilaw Asia-Pacific Regional Meeting 2018

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

SyCip Salazar Hernandez & Gatmaitan hosted the Multilaw Asia-Pacific Regional Meeting last March 12-13, 2018. The meeting was attended by 31 representatives from Multilaw member firms in Australia, China, France, Germany, Indonesia, Japan, Malaysia, Philippines, Singapore, Sri Lanka, Taiwan, Thailand, UK, and Vietnam.

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Bär & Karrer Advised Swiss Re in the Offering of USD 500 Million Senior Exchangeable Notes with Iss

June 2018. Press Releases by BÄR & KARRER LTD. (view listing).

Swiss Re Ltd (Swiss Re) has completed an offering of USD 500 million, 6-year senior exchangeable notes, which may be stock settled at the option of Swiss Re or may be exchanged at the option of noteholders for registered shares of Swiss Re, unless Swiss Re elects to settle the exchange of notes in cash. Swiss Re has purchased call options on its own shares, which allow it to settle an exchange by noteholders without issuing new shares.

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Bär & Karrer Advises Credit Suisse and Bank Berenberg in the IPO of Klingelnberg

June 2018. Press Releases by BÄR & KARRER LTD. (view listing).

Klingelnberg Ltd, a global leader in developing and manufacturing premium machine tools for bevel gear and cylindrical gear machining and precision measuring centers for gears, successfully priced its IPO and listed its shares on the SIX Swiss Exchange. Trading in the shares started on 20 June 2018. The shares of Klingelnberg were priced at CHF 53 per share, near the upper end of the price range, corresponding to a base offer of CHF 241 million. The offer price implies a market capitalization of approx. CHF 470 million leading to a free float of 56.6% (assuming full exercise of the over-allotment option), whereas the remaining 43.4% remain with the Klingelnberg family as anchor shareholder.

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Cederquist Advices on the Acquisition of Veterinary Care Provider AniCura

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

Cederquist has represented Mars, Incorporated, in its acquisition of the AniCura group from Nordic Capital Fund VIII and other sellers.

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GOLAW lawyers have been highly recognised by the international peer-review survey Best Lawyers

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

GOLAW lawyers have been recognised as the leading professionals in several practices and included in the Ninth Edition of The Best Lawyers in Ukraine 2019. 

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Bär & Karrer Advises Summer Capital on the Acquisition of Swiss Education Group

June 2018. Press Releases by BÄR & KARRER LTD. (view listing).

Summer Capital, an Asia based investment management company, has acquired, by means of an affiliate, all shares of Swiss Education Group Holding AG, the holding company of the SEG group, a leading hospitality management education group that operates several schools in Switzerland.

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Prohibited advertising for homeopathic medicinal products featuring promise of success

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

The Oberlandesgericht (OLG) München [Higher Regional Court of Munich] has ruled that promoting a homeopathic medicinal product with a promise of success is prohibited and a violation of competition law.

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VEGAS LEX law firm is sponsor of seminar-conference on matters of regulation of procurement activiti

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

8 июня 2018 года юридическая фирма VEGAS LEX совместно с Национальным нефтегазовым форумом и участием ФАС России провела юридический практический семинар на тему «Новые законодательные инициативы и арбитражная практика в регулировании закупочной деятельности».

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Prohibited advertising – No bread roll vouchers at pharmacy

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

Pharmacies are bound by a uniform sales price for prescription medications. Even small additions to the price of medicinal products can constitute a violation of competition law.

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OLG Frankfurt on misleading food advertising

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

Foods are not allowed to give consumers false impressions concerning their ingredients. That being said, not every ambiguity is automatically considered to be misleading to consumers.

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Serbia Amends Company Law

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

The Serbian Parliament adopted amendments to the Serbian Company Law (Law) on 8 June 2018, and they were published in the official journal on the same date.  

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Technical function not enough for trademark protection

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

According to trademark law, it is not possible to register marks as trademarks if they consist exclusively of a shape that is necessary to obtain a technical result.

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Serbia: Athletics Equipment Distributors Under Investigation for Failure to Notify Exclusivity

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

Following a tip, the Serbian Competition Commission (the "Commission") recently started investigating the business relationship between GR Sport and Polanik, a Polish company, concerning an alleged infringement of competition – the conclusion of a restrictive agreement which was not notified for prior exemption under the applicable legal framework.

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GRP Rainer Rechtsanwälte – Experience in directors’ liability cases

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

Managing directors of a GmbH, a type of German private limited company, may be liable in the event of insolvency. A common bone of contention is the matter of payments made by the managing director after the onset of insolvency.

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Bär & Karrer advises Coresystems FSM on the takeover by SAP (Schweiz)

June 2018. Press Releases by BÄR & KARRER LTD. (view listing).

The software company SAP bought all shares of Coresystems FSM AG. Coresystems FSM develops and runs workforce-management software based on a Crowd Service platform which uses artificial intelligence and allows finding available field-service technicians in real time.

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Karanović & Nikolić at the 2018 Balkans M&A and Private Equity Forum

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

Rastko Petaković, managing partner at Karanović & Nikolić, held a presentation of the latest private equity trends CEE region on the 2018 Balkans M&A and Private Equity Forum. Organized by Mergermarket, a leading media company that provides specialist news, research, analysis and data on financial markets, this is the second year this conference was held in Belgrade.

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Karanović & Nikolić Wins the 2017 Deal of the Year Award

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

We are pleased to announce that Karanović & Nikolić has won the 2017 Deal of the Year Award for Serbia for the EBRD and IFC financing of Vetrolektrane Balkana - Čibuk 1 Windfarm. Organized by the renowned CEE Legal Matters magazine, this is the first year that these awards were held and they are a way of recognizing the biggest and most important deals by leading law firms in Central and Eastern European jurisdictions.

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GRP Rainer Rechtsanwälte – Taking out D&O insurance

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

Taking out a D&O insurance policy for a company’s executive bodies is a crucial step to reducing the risk of personal liability.

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Antimonopoly regulation in IT: foreign experience and Russian practice

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

1 июня 2018 года в офисе юридической фирмы VEGAS LEX с участием представителей ФАС России прошел семинар «Антимонопольное регулирование в сфере ИТ: зарубежный опыт и российская практика».

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Sayenko Kharenko advises Porsche Ukraine Group companies on business security issues

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

Sayenko Kharenko advises Porsche Ukraine Group companies on business security issues

Sayenko Kharenko acts as the Ukrainian legal counsel to Porsche Ukraine Group companies, including Porsche Ukraine LLC and Porsche Inter Auto Ukraine LLC. Sayenko Kharenko’s white collar criminal defence team will provide complex legal support on all issues that may arise in connection with the companies’ business activities in Ukraine.pdf 2018.06.11_sayenko_kharenko_press-release_porsche_eng

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Who’s Who Legal: Competition 2018 recognizes 4 Sayenko Kharenko’s experts among the world’s le

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

Who’s Who Legal: Competition 2018 recognizes four Sayenko Kharenko’s experts among the world’s leaders

Sayenko Kharenko’s competition team has recently received excellent rankings in Who's Who Legal's 2018 guides to the world's top competition law experts. Four Sayenko Kharenko’s lawyers are recognized in this year’s list: Vladimir Sayenko, Valentyna Hvozd, Maksym Nazarenko and Dmitry Taranyk. Sayenko Kharenko has more individuals listed than any other Ukrainian law firm in the research.pdf 2018.06.04_sayenko_kharenko_wwl_competition_eng

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GOLAW has been recognised as the best Ukrainian law firm in the field of Business defence

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

On May 16, GOLAW became a finalist of the Legal Award 2018 in three nominations (the best law firm in the field of taxation, business defence and criminal law) and received a prestigious award “The Law firm of the year in Business defence».

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IPC Puts off Double Data vs. Vkontakte Hearings until 17 July

May 2018. Press Releases by Bryan Cave Leighton Paisner LLP (view listing).

On 22 May 2018, after hearing both parties, the Intellectual Property Court (IPC) adjourned until 17 July 2018 the hearing of the dispute between Skolkovo resident OOO Double (Double Data) and VKontakte over use of public data from the social network in a search engine manner.

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Bryan Cave Leighton Paisner Russia Defends Prosveshcheniye Publishers in Major Book Industry Case

May 2018. Press Releases by Bryan Cave Leighton Paisner LLP (view listing).

The Arbitrazh (Commercial) Court of the City of Moscow has heard a trade mark dispute between Prosveshcheniye Publishing House and another Russian publisher, Ventana-Graf. The court has satisfied all the claims by Prosveshcheniye Publishing House, the claimant, recovering RUB 3.7 bn in compensation for breach of trade mark rights.

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JunHe is again named the “Chinese Firm of the Year” at the 2018 Who's Who Legal awards

May 2018. Press Releases by JunHe LLP (view listing).

JunHe was once again named the “Chinese Firm of the Year” at the 2018 Who's Who Legal (WWL) Awards, which were announced on 8 May 2018. The undisputed leader in the Chinese legal marketplace, JunHe has won this title for the second consecutive year.

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