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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 […]

Recommended

Bird & Bird launches Düsseldorf practice

Bird & Bird has launched its first German office with eight partners from the Düsseldorf office of Andersen Luther The team is led by Ander-sen CEO Wolfgang von Meibom, who joined with a team form Wessing last year. Meibom, who will be chairman of the new office, takes with him Klaus-Juergen Michaeli, Alexander Schroeder-Frerkes, Jan […]

Deals summary

Herbert Smith (Stephen Wisking, Jonathan Scott), has obtained European Commission merger clearance for Andersen’s UK merger with Deloitte & Touche. The deal, which was entered into on 9 April 2002, was cleared by the commission on 1 July 2002. Macfarlanes (Charles Meek, Stephen Drewitt) advised 3i on a £35m funding package for Partners for Finance, […]

Deals summary

Baker Botts advised Pride Offshore, a subsidiary of Pride International, on a $250m (£163m) syndicated secured revolving credit facility. Agent bank and lender Crédit Lyonnais advised by Herbert Smith (Jason Fox) and Bracewell & Paterson (Mark Evans, Richard Rice). Herbert Smith (Jane Borrows) advised Halifax Bank of Scotland (HBOS) on the restructuring of its regulatory […]

What's the damage?

With the time looming for firms to renew their professional indemnity cover, Deborah Talbot looks at three recent cases that may have an impact on how much you pay

Wet suits

Tulkinghorn is always fascinated by what those crazy types at Slaughter and May are up to. After all, it’s nothing but a rollercoaster ride of fun in Bunhill Row at the moment. So he was particularly happy to bring you the latest instalment of the saga of the pond in reception. If you recall, this […]

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