City firms profit from Jesta property sales

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Latest Briefings

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 […]

Lawyers’ presence ensured during a competition investigation, but with riders

By Sagardeep Rathi, Pranjal Prateek, Ebaad Khan In a case connected to the Competition Commission of India’s (CCI) cartel investigation in the conveyor belt market, an appellate bench of the Delhi High Court (Court) (LPA 607/2016; Judgment dated 24 May 2018) has confirmed a single judge bench judgment of the Court (WP(C) 11411 of 2015; Judgment […]

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Green papers

Unlike the UK’s DTI, Ireland’s ODCE has power to prosecute criminal offences – and law firms have been correspondingly busy, reports Brid Munnelly A key weapon in the armoury of corporate law enforcers is the corporate investigation. Ireland has seen an increased focus on investigations into Irish companies and their management following various reports and […]

Herbies raids Norton Rose for Dubai launch

Norton Rose’s Middle Eastern operations have been hit by the imminent departure of Dubai finance partners Nadim Khan and Zubair Mir to launch Herbert Smith’s new Dubai offering. The defections halve Norton Rose’s Dubai partnership, leaving behind Graeme Muir and recent recruit Tahir Ahmed. Herbert Smith has been examining the possibilities of opening a Dubai […]

Collyer in shake-up as chief steps down

Collyer Bristow’s senior partner of 10 years is stepping down, to be replaced by the London firm’s head of private client. John Saner will take over from Roger Woolfe in February. Woolfe will return to fee earning in the commercial property team, while Andrew Dixon will take over the role as head of private client […]

Freshfields, White & Case tie up Kazakhstan deal

Freshfields Bruckhaus Deringer and White & Case have made headway for future share offerings in the Republic of Kazakhstan, advising on the $2.03bn (£1.09bn) IPO of a Kazakh oil company. KazMunaiGas Exploration & Production (KMG), the third-largest producer of crude oil in Kazakhstan, raised around $2.03bn from an IPO that consisted of 23.1 million new […]

Freshfields Berlin hit by partner loss

Freshfields Bruckhaus Deringer has lost another German partner, this time seeing Berlin-based litigation partner Alfried Heidbrink leave for German firm Lindenpartners. Heidbrink, who leaves Freshfields in November, has been with the magic circle firm since 1992 and a partner since 1997. He specialises in M&A, bankruptcy and financial services litigation. Heidbrink told German legal publication […]

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