Brief encounter: laytons

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Latest Briefings

New EU directive – How will it affect family-related leave in Hungary?

By Daniel Gera, Dorottya Gindl Gender equality may be a core EU principle, but it will not become a reality without effective legal action. To meet the EU objective of reaching a 75% employment rate for both men and women by 2020, the European Commission aims to change the existing legal framework. Thus, the European […]

Higher Dutch VAT rate on several LS-products

By Luca van Silfhout, Patrick Vettenburg A number of goods and services, listed in an annex to the Dutch VAT Act, qualify for the reduced VAT rate (instead of the regular VAT rate of currently 21%). Among these goods and services are: qualifying medicines, first-aid type supplies such as bandages and qualifying medical aids such […]

US raises bar for International Development Finance with proposed Build Act

By Paul M. Murphy, Mark McAuley Overview: The United States seems to be raising the bar for International Development Finance with the proposed BUILD Act. Through the proposed creation of a new U.S. Government institution, the International Development Finance Corporation, the US looks to create a new paradigm for the developing world – in direct response to […]

How can protectionism affect technology?

The technology we increasingly rely on every day such as phones, tablets and personal computers are made up of different components. These components and other parts are made using raw materials that can be found in countries all over the world. Materials including aluminium, lithium and cobalt have been listed by the World Bank as […]

Promotion of indigenous R&D in pharmaceutical industry by the Delhi High Court

By Ajay Bhargava, Arvind Kumar Ray, Karan Gupta In the recent case of Modi-Mundipharma Private Limited v Union of India & Ors., (Writ Petition (Civil) No. 11802 of 2016), the High Court of Delhi (Court) has clarified that incremental innovation or novel drug delivery systems like lipid / liposomal formulations, sustained release, controlled release, etc. should […]

Recommended

Axa Corp sets up new legal panel

Axa Corporate Solutions, which is part of the Axa group, has set up a panel of preferred law firms. The panel is unusual as the work is for large multinational clients, and the firms need to prove that they have the capacity to cope with complex multijurisdictional work. A number of firms are known to […]

White & Case swipes first UK tax partner

White & Case is taking on its first UK tax partner from City rival Denton Wilde Sapte. Neil Woodgate has been a partner in the tax department at Wilde Sapte (now Denton Wilde Sapte) since 1996. He specialises in the tax aspects of banking and finance transactions, and will work closely on structuring deals with […]

Real Estate and Projects

Warner Estate Holdings acquires 20 properties for £41m from CGU and Commercial Union through Morley Fund Management. Warner Estate Holdings represented by Brodies (Nick Scott), Carson McDowell (Jeremy Hill) and Clifford Chance (Richard Hopkinson-Woolley). The vendor advised by C&H Jefferson, CMS Cameron McKenna, Hammond Suddards Edge, McGrigor Donald, Mitchells Robertson and Penningtons.

One Essex Court poised to gross £35m this year

Magic circle set One Essex Court is to post a record £3m in earnings this month at one of the slowest times of the year. Last year’s decision to focus on commercial work and to internally restructure chambers clerking could result in the annual turnover of the chambers exceeding £35m if it continues to attract […]

Corporate

Nestlé buys all outstanding shares in Ralston Purina Company for £4.27bn. Nestlé advised by Cravath Swaine & Moore (Alan Stephenson). Financial advisers Greenhill & Co and Credit Suisse First Boston. Ralston Purina represented by Wachtell Lipton Rosen & Katz (Steven Cohen) and Bryan Cave (Don Lents). Financial adviser Dresdner Kleinwort Wasserstein.

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