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Latest Briefings

FCA opens notifications for temporary permissions regime in case of no-deal Brexit

By François Pfister, Anne-Gaëlle Delabye In order to ensure that investment funds that are currently marketed in the United Kingdom under the European Economic Area (EEA) passporting regime continue to be able to do so in the event of there being no implementation period based on the withdrawal agreement after 29 March (no-deal Brexit), the […]

Changes in the procedure for admission of foreign medical devices and medicines to public procurement in Russia

On 1 January 2019, amendments to the Resolution of the Government of the Russian Federation No. 102 of 05.02.2015 that provides for restrictions and conditions for the admission of certain types of medical devices originating from foreign countries for the purpose of procurement for state and municipal needs (“Resolution No. 102”). And the Resolution of […]

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REPORTAGE

The rules of public international law have long placed restrictions on the measures that a state can take against the property or person of foreign nationals. One area in which the international rules are well developed is in relation to the protection of foreign investments. International agreements between states establish protections by “internationalising” the applicable […]

A&O ramps up New York presence

Allen & Overy is dramatically expanding its New York presence after ruling out a US merger in the near future. The firm is leasing 135,000sq ft in a building in central Manhattan, with space to house 150 lawyers. The firm currently has just 45 lawyers in the city. Managing partner of the office Carl Sheldon […]

Fair game?

News of the National Lottery Commission’s shock decision to exclude Camelot from further negotiations reached David Pannick QC of Blackstone Chambers when his mobile phone rang on a beach in Cannes on 23 August last year. The thrust of the argument that would dramatically overturn the commission’s decision was formed there and then as Pannick […]

Finance

Barclays Bank provides £6m financing for the new multistorey car park at the London International Exhibition Centre. Barclays Bank represented by Berwin Leighton (Simon Kildahl). Security trustee represented by Allen & Overy. Car park operator Excel Parking advised by Glovers.

LAWYERS IN THE LOTTERY FIASCO

National Lottery Commission: Advised by Treasury solicitors on constitutional matters, while Lawrence Graham advised on commercial issues and took responsibility for assessing the two bids. After losing the High Court case over its treatment of Camelot’s bid to retain control of the Lottery, the commission dumped its former Treasury solicitor advisers in favour of Freshfields […]

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