Cleary calls time on Tokyo

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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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Simmons secures three senior associates

Simmons & Simmons continues to target senior associate lateral hires for its ambitious growth strategy with the appointment of three senior lawyers into its partnership. Private equity partner Arthur Stewart joins the firm’s corporate group from Debevoise & Plimpton, where he was international counsel. Head of international corporate at Simmons Damon Le Maitre-George told The Lawyer earlier […]

Linklaters’ senior partner race nears finish line

Linklaters‘ three-way senior partner race will formally begin this month as the candidates put the finishing touches to their manifestos. Those standing for the high-profile role to succeed incumbent Anthony Cann are former head of corporate David Cheyne and finance chief Giles White. Although considered an outsider, the magic circle firm’s global head of restructuring […]

DLA Piper lands Barclays’ £138m Tragus refinance

DLA Piper Rudnick Gray Cary has acted for longstanding client Barclays Leveraged Fina-nce on a £138m refinancing for Tragus Holdings that is set to return £27m to its investors. Banking and finance partner John Cutler led the advisory team on the new funding package after its work for the bank on the original deal in […]

LeBoeuf scrapes through CAIB Chinese wall before rule change

The Court of Appeal last week (26 May) propped up LeBoeuf Lamb Greene & MacRae’s Chinese walls following a conflict of interest row with a client. The ruling, which supported LeBoeuf’s use of a Chinese wall, or information barrier, comes shortly after the Law Society’s new conflicts and confidentiality rules were finally approved by the […]

MBR&M goes for double-header

The London securitisation team at Mayer Brown Rowe & Maw(MBR&M) must be an unruly lot. As first reported onwww.thelawyer.com (2 June), the firm has just appointedBruce Bloomingdale and Dominic Griffiths as co-headsof the practice. Nothing unusual in that, you might think, but as the group only has four partners, it now means that half of […]

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