Ince & Co has appointed shipping and aviation partner Philippe Ruttley, who joins the firm’s London office as head of EU and competition law.
The following commentary provides a brief overview of the short to medium term changes expected in the post referendum environment.
New set of restrictive measures against the Russian Federation in relation to events in Ukraine entered into force last Friday (12th) download
In view of the increasing gravity of the situation in eastern Ukraine, the European Council has reinforced the restrictive measures adopted on 30–31 July 2014.
The US Department of Treasury’s Office of Foreign Assets Control has issued additional sanctions targeting certain Russian banks, energy and defence companies.
The Africa legal affairs centre has been jointly founded by the China Africa Industrial Forum and King & Capital.
The courts have decided a number of high-profile cases this summer in which retailers have been involved in intellectual property disputes.
Issues relating to customs value have been a common source of questions since work began on legislation.
Amendments to the recently passed draft PPP law have been approved by Jordan’s Lower House Investment Committee.
Food and Beverage News and Trends — poll indicates strong support by parents for school lunch standards; and more
This regular publication by DLA Piper lawyers focuses on helping clients navigate the ever-changing business, legal and regulatory landscape.
Damages for breach of terms as to quality — does the Sale of Goods Act limit such damages to depreciation in value?
This sale contract dispute provides a useful refresher with regard to the proper application of the provisions of sections 53 and 54 of the Sale of Goods Act 1979.
The Arendter — September 2014: private foundations; MiFID II; cross-border AIF distribution; and more
Discover the second issue of Arendt & Medernach’s magazine The Arendter. This publication will give you a quick overview of key topics related to your daily business.
Hogan Lovells has advised London Metal Exchange (LME) on the establishment of LME Clear, which will launch this week after getting the green light from the Bank of England last Wednesday.
The Financial Report — US signs assistance agreement with Peru; ASIC report on corporate finance regulation; and more
The Financial Report offers financial news from the Americas, Asia-Pacific and Europe.
Prof Chris Elliot’s final report into food authenticity has called for a ‘robust, effective’ Food Crime Unit to protect the industry and consumers from criminal activity.
The European Commission is considering whether geographical indication protection could or should be extended to non-agricultural products.
This article provides a brief note on the matter and the issues involved and provides some preliminary comments from a risk management perspective.
The Holyrood Health & Sport Committee has reported on this bill, which seeks to set up the new agency Food Standards Scotland as an autonomous body.
The National Bank of Ukraine has introduced the compulsory exchange of 100 per cent of foreign currency proceeds.
Switzerland expands its measures to prevent the circumvention of international Ukraine-related sanctions download
Measures have been adopted to prevent Swiss territory being used as a channel to circumvent international sanctions in connection with the situation in Ukraine.
Robin Johnson, head of diversified industrials at Eversheds, has commented on the latest projections for UK manufacturing growth.
Boyanov & Co is well known for its excellent and experienced litigators with exceptional expertise in litigation and alternative dispute resolution matters.
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On 13 August 2014, the Office of Foreign Assets Control (OFAC) issued new guidance on ownership/control for determining blocked parties.
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Eversheds has commented on the latest distributive trades survey from the Confederation of British Industry.
Swedish polymer solutions company Trelleborg today announced that former Dometic Group general counsel Charlotta Grähs will replace Ulf Gradén as the company’s general counsel from 1 October.
Licensed issuers can now issue and trade covered warrants on exchanges outside the free zones in the UAE.
The Association of Southeast Asian Nations (ASEAN) was established on 8 August 1967 under the framework of the ‘three pillars’ of regional co-operation
India recently staged the largest free democratic election in world history, bringing to power the National Democratic Alliance, and with it a fresh sense of optimism.
Food and Beverage News and Trends — Vermont AG defends GMO statute; ‘natural food’ trade group is formed; and more download
This regular publication by DLA Piper lawyers focuses on helping clients navigate the ever-changing business, legal and regulatory landscape.
In a decision rendered on 24 July 2014, the French Competition Authority imposed a €1.7m (£1.35m) fine on Société Nouvelle des Yaourts de Littée.
The Decree of the President of the Russian Federation No. 560 bans or restricts foreign trade transactions involving import to Russia of certain agricultural products, raw materials and food.
Rachel Moore looks at how to apply the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations to contracts concluded through an aggregator.
The Financial Report — Fed study questions new money market rules; Singapore updates audit committee guidebook; and more
DLA Piper has released the latest version (Volume 3, No.16) of The Financial Report, featuring news and analysis from across the financial sector.
The ATO has released its long-awaited public guidance on the Australian tax and GST treatment of bitcoin and other crypto-currencies.
Eversheds partner Zia Ullah has commented on news that fruit and vegetable farmers across the eurozone will be entitled to a payout if they are affected by sanctions on Russia.
The US Commerce Department’s BIS has issued a final rule amending the Export Administration Regulations and imposing further export controls against Russia’s energy sector.
The Groceries Code Adjudicator was set up to ensure that large retailers with a turnover of more than £1bn comply with the Groceries Supply Code of Practice.
The Verkhovna Rada of Ukraine has adopted a new law that stipulates the creation of a free economic zone in Crimea for 10 full calendar years.
OFAC has issued revised guidance relating to the status of entities owned by individuals or entities whose interests in property are blocked under executive orders.
At the end of July, the US and the EU escalated their respective sanctions regimes against Russia following the Kremlin’s intervention in the Crimea/Ukraine crisis.
Food and Beverage News and Trends: bill aims to impose federal excise tax on sugary drinks; Red Bull agrees to settle consumer class action on advertising claims; and more download
This regular publication by DLA Piper lawyers focuses on helping clients navigate the ever-changing business, legal and regulatory landscape.
Dramatic fall in mineral exports reported in Indonesia as a result of regulations on export download
Indonesia’s National Statistics Bureau has announced that total mineral exports fell 27 per cent in the first half of 2014.
The GST Act has been amended to introduce new restrictions on Australian Taxation Office refunds for goods and services tax (GST) overpayments.
On 29 May 2014, the presidents of Russia, Kazakhstan and Belarus signed an agreement establishing the Eurasian Economic Union.
The new EU sanctions against Russia — key points to know, key steps for companies with business interests in Russia download
The EU has adopted economic sanctions against Russia — the latest step relating to the protection of the territorial integrity of Ukraine.
David Savage, sanctions expert at Eversheds, has commented on new foodstuff sanctions imposed on 7 August by Russia on EU/US companies.
Ban of imports of certain agricultural products from the EU, the US and other countries that imposed sanctions on Russia download
The president of the Russian Federation has signed Decree No. 560, banning imports of certain agricultural products from countries that imposed sanctions on Russia.
The Financial Report — US GAO reports on ‘too big to fail’; OSC seeks comment on trade repository applications; and more
DLA Piper has released the latest version (Volume 3, No.15) of The Financial Report, featuring news and analysis from across the financial sector.
The decision in Soufflet Negoce SA v Fedcominvest Europe SARL provides helpful guidance on the construction of the ‘Notices’ provision in GAFTA 64.
A bill of sale is primarily a way for individuals to use their existing goods as security for a loan.
DLA Piper has announced that former Commodity Futures Trading Commission (CFTC) chief counsel Elizabeth Ritter has joined the firm.
Walker Morris has teamed up with thebusinessdesk.com and Sheffield Hallam University to publish the Yorkshire Tourism supplement.
This client update contains an analysis of the policy issues arising from the current situation in Ukraine.
Restrictive measures against the Russian Federation in relation to events in Ukraine: how will they affect you? download
The Council of the European Union has adopted new restrictive measures targeting co-operation and exchanges with the Russian Federation.
A FOSFA tribunal considered a claim by Saipol as FOB buyers for contamination of sunflower seed oil.
This briefing sets out the three key areas that are likely to affect the financial services sector to the greatest extent.
The Groceries Code Adjudicator was established to investigate whether a ‘designated retailer’ has breached the Groceries Supply Code of Conduct.
EU sanctions update download
Are your policies and procedures adaptable enough to deal with future changes if the crisis in Ukraine is unresolved?
On 19 June 2014, ISDA published a standard form amendment to the ISDA Master Agreement.
EU member states are being encouraged to improve protection for small food producers and retailers against the unfair practices of their sometimes much larger trading partners.
There were significant developments in relation to Ukraine last week, with both the EU and US announcing significant new measures.
According to Eversheds, the advent of driverless cars on UK public roads will make accident diagnosis increasingly difficult.
The revised competition regime for technology transfer agreements and its impact on high-tech SMEs download
In March 2014, the European Commission adopted a revised competition regime for technology transfer agreements.
The new provisions of the EU Directive on consumer rights have entered into force. They include several changes you should be aware of in order to ensure your business remains compliant.
This paper outlines the key benefits of multi-sourcing, the challenges and risks and the options available to customers to manage these risks.
The ATO has issued a new goods and services tax (GST) determination, GSTD 2014/3, relating to GST and rental guarantee arrangements.
DLA Piper has announced that Rich Greenstein has been named chair of the firm’s US franchise and distribution practice.
Wragge’s automotive specialists and Prof David Bailey consider the future of product recalls and what they may mean for the automotive sector in the US and the UK.
The Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 came into force on 13 June 2014.
The Financial Report — analysis of US bank counterparty data; Hong Kong releases REIT consultation conclusions; and more
DLA Piper has released the latest version (Volume 3, No.14) of The Financial Report, featuring news and analysis from across the financial sector.
In an effort to jump-start a weak economy, the Indian government’s Union Budget adopts several new measures while taking a balanced approach.
Robin Johnson, head of diversified industrials at Eversheds, has commented on the CBI Industrial Trends figures.
The EU Consumer Rights Directive required businesses across the EU to comply with its requirements from 13 June 2014.
Measures to improve the business climate in Benin have been taken, which relate to business creation, licensing, cross-border trade, enforcement of contracts and more.
After launching the Shanghai pilot free-trade zone nine months ago, the Shanghai government has released the 2014 Negative List.
Two senior lawyers from Eversheds recently spoke at Practical Law’s inaugural Retail Law Forum.
Wragge Lawrence Graham & Co has helped negotiate a significant extension to an existing high-profile agreement between eBay and Argos.
In this video interview, partner Todd Daubert discusses the specific impact of technological advancement on four key sectors.
DLA Piper outlines the income tax, goods and services tax, fuel tax and other implications that will stem from the repeal of the carbon tax.
Real-estate investment in Australia download
Australia offers a platform that allows new foreign investors to embrace the globalisation of real-estate capital with confidence.
On 27 June 2014, Dacheng attorneys Cao Wenhua and Jiang Xingwang attended a seminar held by the Ministry of Land and Resources.
The Financial Report — Canadian securities regulators propose gender diversity amendments; and more download
DLA Piper has released the latest version (Volume 3, No.13) of The Financial Report, featuring news and analysis from across the financial sector.
Eversheds partner Simon Jones has commented on the recent UK new car registration numbers.
Local content is a theme that is becoming increasingly prevalent for investment in the oil and gas sectors in Africa.
Pillsbury has announced the appointment of 10 partners to firm-wide practice and industry leadership posts.
Allan Skelton joined Nabarro partner Martin McKervey and representatives from various companies at the UK Manufacturing: Exporting event.
A new EU regulation on the provision of food information to consumers consolidates and updates two areas of labelling legislation into a single text.
We have extensive experience of advising customers and suppliers in the retail sector on technology development, licensing and supply projects.
Our advice to brand owners is effective because it is delivered in the context of a deep understanding of technology.
Food and Beverage News and Trends — 27 June 2014: FDA clarifies its stance on cheese making; and more download
The Supreme Court of Iraq has rejected the request of the Iraqi federal oil minister to rule against the right of the KRG to export oil out of Kurdistan.
David Bailey discusses the important topic of EU membership — a subject which will become even more important as US/EU free-trade talks progress.
The New Blue Guide updates the ‘Guide to the implementation of directives based on the New Approach and the Global Approach’ published in 2000.
US LNG exports: policy update download
The US House of Representatives voted to approve legislation that would expedite the DoE’s process for approving applications to export liquefied natural gas.
DLA Piper has appointed Linos Choo as a partner in the international shipping team, part of the litigation and regulatory group.
Conyers has provided legal advice to China Resources Enterprise (CRE) in relation to the establishment of a joint venture company between CRE and Tesco.
Ince & Co discusses five pitfalls where a lack of awareness and appropriate precaution can lead to significant damage to the company.
Shepherd and Wedderburn’s competition team, led by John Schmidt, has advised high-street retailer John Lewis.
Eversheds’ Paul Worth has commented on news that the incoming deputy governor of the Bank of England is to drive through changes to foreign exchange and other benchmarks.
Agriculture in Yorkshire is showing a strong recovery compared with other regions, according to research by insolvency trade body R3.
While the European Timber Regulation dates back to 2010, it only took direct effect in member states last year.
Shanghai-based Dacheng partner Zhang Qiyuan has been retained as a standing legal counsel of Shanghai Pudong New Area Commission of Commerce.
Eversheds partner Robin Johnson has commented on the increasing confidence in the UK manufacturing industry.
The UK’ s water industry watchdog Ofwat has appointed former Ofgem legal director Elizabeth Hillman as its first general counsel following a management reshuffle.
Morrisons’ new multi-channel initiative has caused concern among suppliers and trade bodies alike and prompted another GSCOP (Groceries Supply Code of Practice) clarification.
UK Automotive Newsletter: the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations; and more download
Dentons has published its UK Automotive Newsletter for June 2014.
Shale: a guide to tailoring legislation, SPAs, farm-in agreements and JOAs in developing basins download
This paper aims to provide governments, developers and investors with: an understanding of current regulatory and contractual practice in the UK and elsewhere.
For anyone purchasing goods of any kind, the most important question is: ‘Am I getting the product that I have agreed to pay for?’
On 23 April 2014, Canada issued an Order Amending the Export Control List pursuant to the Export and Import Permits Act.
Customs compliance download
Companies may face new and increasing customs risks, often involving the failure to comply with customs law.
Tax authorities around the world continue to wrestle with issues arising from the use and sale of bitcoin currency.
Pillsbury has announced that for 2014, Chambers USA has ranked 86 individual Pillsbury lawyers, with 12 partners recognised in two or more categories for a total of 98 individual lawyer rankings.
Kemp Little has organised and hosted a networking event for the luxury brand sector at the Condé Nast College of Fashion & Design.
Food and Beverage News and Trends — senator Harkin advocates tougher rules on e-cigarettes; and more download
Foresight is an easy-to-use legal calendar that outlines major cases, government policy and forthcoming legislation right through to 2017.
Governments and tax authorities continue to develop their fiscal and tax positions relating bitcoins.
Dentons’ Kansas City office will host a briefing on bilateral trade and investment opportunities between the US and the Republic of Macedonia.
Explore is DLA Piper’s magazine for the mining sector, which provides a selection of insights from the global mining team.
The High Court of Australia handed down a significant decision late last year in the ACCC’s prosecution of telecommunications services provider TPG.
Peter Shervington, product liability expert at Eversheds, has commented on the latest news that Peugeot China has recalled more than 160,000 vehicles.
The US, Canada and the EU have designated a number of additional officials and companies as the unrest continues in eastern Ukraine.
DLA Piper’s fashion, retail and design group has released a special edition of Law à la Mode.
Khaitan & Co advises clients on issues pertaining to international trade (including World Trade Organization and anti-dumping).
FDI Intelligence has ranked two Serbian free zones, Pirot and Zrenjanin, 41st and 48th on the list of 50 most attractive zones for foreign direct investments in the world.
Lee Specialities has pleaded guilty to a charge of exporting controlled goods to Iran, in contravention of the Special Economic Measures (Iran) Regulations.
James Batham, partner and head of retail at Eversheds, has commented on the latest retail sales figures from the ONS.
DLA Piper has announced that Ben Boyd and Mary Gately have been named co-managing partners of the Washington DC office.
The French Competition Authority has accepted commitments from Nespresso in relation to alleged exclusionary practices concerning its coffee machines and capsules.
In food marketing litigation, class certification is a major hurdle for would-be class plaintiffs, but a recent case may have lowered the bar with a flexible approach to class certification.
Draft Law No. 2436a on Amendments to Certain Legislative Acts brings about a significant reduction in the number of mandatory permit documents.
Ince & Co has promoted two lawyers to the partnership with effect from 1 May 2014.
In Legalease’s latest Legal 500 EMEA directory, Wierzbowski Eversheds has earned a number of recommendations.
Memery Crystal has acted for Mediterranean Oil & Gas in its application for indemnity costs following its successful defence of a fraud claim brought by Leni Gas & Oil.
On 28 November 2013, the European Commission announced a proposal for a directive on trade secrets and confidential information.
‘Company Doe’ wins challenge but loses anonymity — ruling makes it tougher to confront erroneous online claims download
A new decision by the Fourth Circuit Court of Appeal will require the lower court to unseal court documents.
Messages from Export Week download
UKTI launched its North West Export Week on 7 April, with an event focusing on export opportunities in south-east Asia, in particular China.
New rules provide a framework for Shanghai free-trade zone to open the doors on VATS: a cause for optimism? download
Since the establishment of the Shanghai free-trade zone, investors have been closely monitoring the liberalisation policies in the telecommunications sector.
Jeffrey Cheung and Alan Cheung explain the regulated activities that require licensing by the Securities and Futures Commission.
Former CFTC commissioner Bart Chilton has joined DLA Piper as a senior policy adviser in the Washington DC office.
EMIR — European Commission responds to ESMA’s request to clarify the definition of derivative download
The European Commission has responded to a request from ESMA to clarify the definition of ‘financial instruments’ under Directive 2004/39/EC.
DLA Piper has announced that four lawyers have been named to Law360’s ‘Rising Stars’ list.
The Financial Report: DC Circuit strikes down part of conflict minerals rule; MAS publishes monetary policy statement; and more
DLA Piper has released the latest version (Volume 3, No.8) of The Financial Report, featuring news and analysis from across the financial sector.
Food and Beverage News and Trends: healthy food options for students; menu labelling rules; and more download
The implementation of the directive will have a significant effect in modernising consumer law, much of which was written around 30 years ago.
This briefing presents three of the key consumer law developments to expect in 2014.
Nabarro partner Martin McKervey shares his thoughts on unlocking export growth.
Ince & Co partner Andrew Chan, who has advised maritime and trade clients throughout a career spanning more than 30 years, is retiring from the firm.
Law à la Mode — April 2014: fashion flair transforms wearable technologies; delivering IT services in the retail sector; and more download
DLA Piper has released the April 2014 issue of its Law à la Mode publication.
This agreement in principle concludes almost a decade of negotiations, and marks Canada’s first FTA in the Asia-Pacific market.
Australia’s recent conclusion of two free-trade agreements with South Korea and Japan are likely to present significant opportunities in the agricultural sector.
DoE approves LNG exports to non-free trade countries — US foreign policy may be bigger factor moving forward download
The US DoE has issued an order granting approval to Jordan Cove to export LNG to countries that do not have a free-trade agreement with the US.
Peter Shervington of Eversheds has commented on the news that Toyota is recalling 6.4 million of its range, including 35,124 in the UK, over five separate issues.
Penningtons Manches has substantial experience in working with clients to devise strategies to avoid possible disputes and to resolve effectively those that do occur.
Penningtons Manches drafts and negotiates commercial agreements of all types, and at all stages in the development and supply chain.
London Mining GC Rohit Bhoothalingam had to show his grit last year for a legal battle worth more than the company itself
Milton Keynes corporate briefing: ‘reasonable’ notice periods; transparency and trust in UK business; and more download
What is a ‘reasonable’ notice period when the contract is silent? This was the question that came before Mr Justice Norris towards the end of 2013.
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Holman Fenwick Willan (HFW) senior partner Richard Crump has relocated permanently to Singapore in a move that underlines the firm’s ambitious plans to grow its Asia practice.
With Dentons, you’ll benefit from our in-depth understanding of the mining sector, as well as our worldwide reach, seamless service, and cross-border, multijurisdictional insight that can provide you with the right strategies to grow your business.
English courts have been reluctant to recognise an implied duty of good faith in commercial agreements. However, three decisions have cast that understanding into some doubt.
This brief summarises action taken by the competition authorities in the UK and the EU and highlights some developments due to take place in the near future.
Clothingsites.co.uk is set to create more than 100 jobs after securing investment from Bridges Ventures in a deal advised by Addleshaw Goddard.
Sam Karim from Kings Chambers was part of a recent delegation on a business mission to Brazil to promote barristers’ expertise in international dispute resolution.
Walker Morris has bolstered its competition team with the appointment of Shaukat Ali as a director.
HHJ Pelling QC has offered some useful guidance on assessing an account of profits for passing off in his recent judgment.
IBB Solicitors gives you the reassurance that your documents are correctly authenticated and accepted as legally binding for their intended purpose.
GRATA Law Firm provides legal consultancy services to companies that carry out activities in the area of telecommunications and transport.
GRATA Law Firm provides legal consultancy services to companies that carry out activities in the area of construction and infrastructure.
Antitrust Matters — April 2014: state aid; cartel facilitators; Belgium’s Competition Authority; exercising patent rights; and more download
DLA Piper has released the second issue of its global competition and antitrust law newsletter Antitrust Matters.
On 1 April, the Groceries Code Adjudicator issued two guidance documents relating to GSCOP: dispute escalation and arbitration.
In the sphere of industry, we provide the highest-quality legal products and efficient business solutions.
In Rusal, the Administrative Court was asked to find that a decision by the London Metal Exchange to consult on a single preferred option was unfair.
Zero-hour contracts have been the subject of much controversy recently.
The Obama administration has threatened to impose additional sanctions on Russia in response to the Ukraine crisis but so far has only blocked the assets of 32 individuals and one bank.
Where a buyer wrongfully neglects or refuses to accept and pay for goods, the seller may bring an action for damages for non-acceptance.
There is a tendency among companies in Bulgaria to speed up marketing campaigns and neglect what should be a core part of them, namely their legal structure.
Over the past few years, the FTC has provided guidance regarding mobile platforms and app providers’ practices of collecting data about consumers’ locations through their mobile devices.
Eversheds has successfully appealed a High Court decision that had serious implications in relation to the scope of the duty of care owed by accountants to their clients.
Eversheds has commented on Littlewoods’ High Court victory over a VAT claim worth more than £1.2bn.
James Batham, a retail expert and partner at Eversheds, has commenting on the latest ONS retail sales figures for the UK.
DoE approves LNG exports to non-free-trade countries — US foreign policy may be bigger factor moving forward download
The DoE has issued an order granting approval to Jordan Cove Energy Project to export LNG to countries that do not have a free-trade agreement with the US.
Gateley has advised technology entrepreneur Stuart Marks as he embarks on a joint enterprise with retail company John Lewis.
Macfarlanes has helped steer Russian metals giant Rusal to a judicial review victory in the High Court over the London Metal Exchange (LME).
Unco-operative: Groceries Code Adjudicator has say on Co-op seeking supplier payments for failure to meet target service levels download
The Groceries Code Adjudicator has published a GSCOP clarification. This is the second clarification issued by the Groceries Code Adjudicator.
Eversheds has commented on the recent CBI retail figures for the UK that show slowing sales in March.
The transfer of consumer credit regulation to the FCA — what does this mean for motor dealers? download
Most motor dealers regularly carry out activities such as introducing customers to finance companies for the purpose of entering into hire and hire purchase agreements.
Ogier has advised Citigroup, Morgan Stanley and KKR in connection with the $1.7bn acquisition of Del Monte Foods Consumer Products.
Dacheng has been engaged by a Spanish motorbike distributor to represent it in arbitration at the China International Economic and Trade Arbitration Commission.
Nevada’s AG reminds retailers, wholesalers and suppliers: comply with alcohol beverage laws download
Retailers, wholesalers and suppliers of alcohol beverages in Nevada have been reminded of their legal obligation to comply with the provisions of Nevada’s alcohol beverage laws.
At a time when well-known names are disappearing from the high street as a result of retailers going into administration, the spectre of corporate insolvencies has never loomed larger.
Terry O’Regan, head of international trade at Eversheds, has commented ahead of the EU-US trade summit in Brussels on 26 March.
Following a number of amendments to Australia’s Insurance Contracts Act, Minter Ellison has launched the eighth edition of its Insurance Contracts Act Handbook.
Stephenson Harwood has advised frozen food manufacturer Findus Group on the acquisition of the retail business of Lutosa, a Belgian frozen potato brand.
Warning — California proposes major changes for Proposition 65 warnings: take part in the process download
The California agency that implements Proposition 65 has proposed far-reaching changes to the now familiar warnings required under that statute.
DLA Piper has provided advice to online fashion retailer Boohoo.com on its flotation and placing of new shares on AIM.
Dacheng recently hosted a seminar to discuss a contract dispute that involved RMB1bn worth of artworks owned by Wang Zhicheng.
Contracts that do not state their duration or explain how to deal with their termination can be terminated by one or both of the contractual parties giving reasonable notice.
Stephenson Harwood has secured judgment in favour of the state-owned Nigerian National Petroleum Corporation (NNPC) after a 10-year dispute in London with IPCO.
Compared with other topics that relate more to specific industries (for example investment access), the topic of forex control liberalisation is of a more generic nature.
Franchise systems have been, and continue to be, sought-after investment and acquisition targets.
Connecticut may join a number of states that currently require merchants to provide the remaining cash balances on gift cards to consumers upon request.
New rules will apply to most businesses selling to consumers in the EU, including to those selling online from outside the EU, from no later than 13 June 2014.
To improve protection of consumers and regulate the booming online shopping activities in China, SAIC has updated existing rules regulating e-commerce activities.
Food and beverage news and trends download
Nabarro partner Martin McKervey discusses the public/private funding of Sheffield’s planned new retail quarter.
Damages for non-acceptance of goods not covered by exclusion clause covering ‘loss of profits’ download
Where parties to a contract wish to exclude claims for damages under s50 Sale of Goods Act 1979, said contract must contain clear and specific wording to that effect.
In December 2013, the Serbian Commission for Protection of Competition conditionally approved the takeover of Mercator by Agrokor.
Parmjit Singh, head of the food and drink group at Eversheds, has commented on news that the world’s two biggest banana producers are to merge.
Hogan Lovells has advised senior managers of grocery store chain Albertsons in its $9bn acquisition of Safeway.
Walker Morris has held its third Food Leadership Dinner at the Cedar Court Hotel in York, which was attended by key figures from the UK food and drink sector.
Shoosmiths has hired Kenny Scott, who has expertise and specific experience of advising clients in a number of sectors.
Barack Obama has signed an executive order authorising targeted sanctions against persons determined to be contributing to the ongoing situation in Ukraine.
Ogier in the BVI has acted for Russian hypermarket chain Lenta in its recent IPO on the main market of the London Stock Exchange and the Moscow Stock Exchange.
The NSW Supreme Court decision in Video Ezy International Pty Ltd v Sedema Pty Ltd demonstrates that courts are prepared to take a tough line on franchisors.
The NDRC is collecting relevant information in the automotive parts industry and will likely launch antitrust investigations in this sector on suspicion of price-fixing cartels.
John Coldham, design law expert at Wragge & Co, examines the recent reversal by the High Court of Trunki’s High Court registered design success.
Taylor Wessing private equity partner Ed Waldron meets with Rob McCombie, investment director at CBPE Capital.
James Batham, partner and real-estate expert at Eversheds, has commented on the BIS Select Committee report into business rates in the UK.
Riaz Karamali, a partner in Pillsbury’s Silicon Valley and San Francisco offices who represents emerging growth companies, answers some common questions innovators face.
Supplies of goods to customers fraudulently using a bank card are subject to VAT where the card provider pays for those goods download
The CJEU has ruled that a supplier must account for output VAT on payments received from third party card providers for supplies made to customers who bought goods using a fraudulent card.
Addleshaw Goddard has released the latest version of its InVest publication, which focuses on developments affecting banks, wealth managers, brokers and funds.
Allen & Overy recently hosted a panel debate on the impact of Shanghai’s free-trade zone at Hong Kong’s China Club.
Geographical licensing is the practice where the owner of the rights to a product grants to a licensee the right to develop the product in a specific country or territory only.
A business must either own or have a licence to what it uses; otherwise it could infringe someone else’s intellectual property rights.
It was announced on 29 January that the UK’s major supermarkets have agreed to report on how much food they waste each year.
Claire Sharf has joined Eversheds as a legal director in the law firm’s restructuring team. Lemi McAuley will also be joining the team as a senior associate.
Minter Ellison’s international managing partner, Mark Green, has been elected chairman of the Australia-Mongolia Business Council.
NCTM has assisted LVMH in the establishment, as a minority shareholder, of a joint venture aimed at developing the Italian fashion brand Marco De Vincenzo.
DLA Piper has appointed Richard Hopkinson-Woolley, Laurence Rogers and Neville Wright to its real-estate team. The three partners join the firm from BLP.
On 7 February 2014, the European Court of Justice (Case 98-13) issued a ruling pertaining to the interpretation of Council Regulation (EC) no. 1383/2003.
Shoosmiths considers exclusion clauses in sale-of-goods contracts in light of the recent Commercial Court decision of Glencore Energy Ltd v Cirrus Oil Services.
First Lady and nutrition: USDA and FDA propose sweeping food labelling and marketing regulations download
Michelle Obama and the FDA have released regulations that would make significant changes to the nutrition information found on food and dietary supplement labels.
Parmjit Singh of Eversheds has praised Oxfam for its rankings of food and drink companies in terms of social and environmental policies.
California GCI’s coming priority products list and the DTSC Strategic Plan — what do they mean for you? download
The highly anticipated next step in California’s Green Chemistry Initiative (GCI) is the planned April 2014 release of the list of ‘priority products’.
This year’s Hospital and Leisure focuses on technology inter-operability issues within hotel franchising, as well as looking at the current economic environment.
This article considers the key competing mobile payment technologies and the legal risks, and how the adoption of these technologies may shape the payments market of tomorrow.
The Court of Appeal has given judgment in the Gamestation case (Jervis v Pillar Denton and Others). It affects the way that rent is treated in an administration.
Eversheds has advised NewRiver Retail, a UK REIT specialising in value-creating retail property investment and active asset management, on its latest £85m equity fundraising.
Mingyue Dun was recently elected as a 2014–2015 China subcommittee member of the Anti-Counterfeiting Committee of the International Trademark Association.
NCTM has advised Italian fashion house Krizia on its sale to Shenzhen Marisfrolg Fashion Co, a Chinese women’s fashion producer belonging to Zhu ChongYun.
‘Firms must put the interests of customers first’ warns the FCA as it hands down its largest ever retail conduct fine
Failings by insurance intermediary HomeServe have resulted in the company being fined £30.6m, the largest amount ever imposed by the Financial Conduct Authority for the retail sector.
Hogan Lovells has advised Kuwait Petroleum International on the Italian Shell acquisition.
Shoosmiths has advised Singapore-based Freight Investor Services on the strategic sale of a majority shareholding in Cleartrade Exchange to European Energy Exchange.
Conyers Dill & Pearman in Hong Kong has provided BVI and Cayman Islands advice to Miko International Holdings on the IPO of a PRC children’s clothing retailer.
The search warrant recently executed on a Virginia-based flooring wholesaler surrounded allegations that the company had illegally imported wood in violation of the Lacey Act.
The High Court has held that Amazon infringed Lush’s Community trademark by its purchase of the Google Adword ‘Lush’.
John Baldwin QC has delivered a noteworthy judgment concerning the use of trademarks in keyword advertising and in the search results returned by website search tools.
Eversheds’ James Batham has said that the British Retail Consortium’s recommendations for overhauling business rates will be welcomed by retailers.
Online reviews present a risk for businesses as they may engage in misleading or deceptive conduct in contravention of the Australian Consumer Law.
Adrian Keeling QC of No5 Chambers has prosecuted in Operation Springtide, a case that saw three men convicted of fraudulent trading at Stafford Crown Court.
Walker Morris corporate partner Debbie Jackson has been listed as one of The Lawyer’s Hot 100 Lawyers in its annual research report.
At the beginning of the year, you may have been one of the many who made a new year’s resolution to eat healthily and get fit. The government has also joined in.
After publishing a draft for consultation, the government has laid the Consumer Rights Bill before parliament together with explanatory notes.
NCTM has expanded its practices by launching a team dedicated to the luxury and fashion industry.
Evershed’s head of product liability, Richard Matthews, believes Toyota’s latest recall could once again dent the firm’s reputation.
The Belgian Financial Services and Markets Authority is consulting on new rules regarding the marketing of financial products to retail clients.
On 16 January 2014, the Financial Conduct Authority published its finalised guidance on supervising retail investment advice.
NCTM’s latest Shipping and Transport Bulletin includes comment on the Italian law relating to the granting of financial aid to Italian stevedoring companies.
JPM provides legal services relating to patent, trademark, industrial design, copyright and trade secret protection.
JPM advises on all aspects of individual employment issues, as well as on collective bargaining agreements, redundancy plans and social and restructuring programmes.
NCTM has assisted La Gardenia Beauty, an Italy-based beauty and cosmetics retailer, with its restructuring following the entry of Fondo Orlando Italy into its share capital.
Hogan Lovells has announced the further expansion of its New York office with the addition of corporate partner Adam Golden.
Taylor Wessing has advised Delfingen Industry on the acquisition of Langendorf Textil and its subsidiary MBG Techbelt Innovation.
DLA Piper has announced that James Brogan, Paul Hall, Joseph Kernen and Norman Leon have been recognised in a BTI Consulting Group report.
An international trade fair presents an opportunity for those who choose to ride on the back of your investments and infringe your rights to launch competing products.
The European Market Infrastructure Regulation (EMIR) introduces new requirements to reduce the risks associated with the derivatives market and thus improve transparency.
Hogan Lovells has hosted the launch of FutureBrand’s ‘Made In’ report: a study of more than 1,000 people in seven countries combined with research among experts and academics.
The EU-US deal will bring both opportunities and concerns, according to Eversheds’ David Savage.
Where a counterparty was entitled to specific performance of a contract with a company prior to its entry into administration, the counterparty should still be entitled to specific performance.
The bill contains some substantial changes compared with the draft bill published for pre-legislative scrutiny in June 2013.
Governance News — 5 February 2014 download
David Jones’ announcement that it received a merger proposal from Myer last year has received considerable media coverage.
Simon Jones, partner at Eversheds, has commented following findings from the BRC-Google online retail monitor that show a surge in overseas shoppers in Q4 2013.
This may be the year that swap market counterparties face the full effect of dual US and foreign regulatory requirements for cross-border swap activities.
Eversheds has produced a guide to the Consumer Rights Directive (CRD) that looks at how the CRD will change the laws of 15 EU countries.
Structured trade and commodity finance is central to international trade and is progressively becoming an important source of finance for Chinese companies.
Issues arising from the recent wet weather have caused growers and others in the supply chain to take a careful look at their trading terms, and in particular the ‘force majeure’ clause.
As is widely known, the Indonesian export ban on ore came into effect on 12 January 2014.
DLA Piper has released the latest issue of The Financial Report, which includes discussion and analysis, Securities and Exchange Commission developments and more.
Retail bonds can present not only an attractive alternative or addition to bank finance but also a way to promote stronger links with customers and to engender greater brand loyalty.
Last year was the ‘annus horribilis’ for food, with the horsemeat contamination wiping millions off turnover and stock prices.
A bipartisan group of Congressional leaders has introduced legislation to give President Obama trade promotion authority to negotiate significant trade agreements.
M&A activity in 2013 in the food and beverage sector followed 2012 as another year of high-profile transactions, although, at least in the UK, on a reduced scale.
South African listed mining company Gold Fields has announced the resignation of its general counsel Michael Fleischer.
The NSW government has announced a review of the Retail Leases Act 1994 and invited stakeholders to make their submissions by 7 February 2014.
On 20 December 2013, the CFTC issued a series of comparability determinations for certain swap dealer and major swap participant business conduct requirements.
On 2 January 2014, FERC and CFTC signed two MoUs, as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act.
The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 imposed additional new requirements on commodity trading advisers.
DLA Piper has released the latest version (Volume 3, No. 1) of The Financial Report.
James Batham, partner and head of the retail sector at Eversheds, looks at what happened in 2013 and what the outlook is for the year ahead.
New rules that will apply to most businesses selling to consumers, whether online or in a traditional store, have been laid before parliament.
Macronix seeks ban on Spansion non-volatile memory devices and all products containing such devices download
All companies that import such products (even not named in the ITC complaint) face potential risk of Customs seizure.
Richard Matthews, head of product liability at Eversheds, has commented on the recall by Wal-Mart in China of donkey meat found to contain fox meat.
The third edition of Best Lawyers in the UK has recognised 21 Ince & Co lawyers, with firm representation in the commodities, insurance, litigation and shipping categories.
Welcome to the first edition of Explore, DLA Piper’s magazine for the mining sector. Three times a year, the law firm will bring you a selection of insights from its global mining team.
The latest instalment of ‘All-Consuming Legal Insights’, Taylor Wessing’s new video series, focuses on changes to consumer rights in the UK.
Parmjit Singh, India trade expert at Eversheds, has commented following news that exports to India have increased by 20 per cent following UK trade delegations to the continent.
Ince & Co’s London-based commodities, shipping and commercial disputes specialist Stuart Shepherd has succeeded Steven Fox as the firm’s global head of trade.
London Metal Exchange GC Tom Hine has guided the institution through a Hong Kong buyout and out onto the stormier seas of Eurocracy
With increasing internet penetration throughout the country, the e-commerce industry, like other industries in China, is growing at a swift pace.
Water and sewerage regulator Ofwat is holding interviews this week for its newly created general counsel role.
Kellogg’s EMEA legal head Orla Muldoon is leaving to join agricultural processing giant Archer Daniels Midland (ADM) in January.
Co-head of Pillsbury’s energy industry team, Robert A James, authored this chapter in the publication The Oil and Gas Law Review.
A cross-border team from Hogan Lovells has advised PDVSA in its $1bn loan transaction from Gazprombank.