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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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Freshfields set for RBS coup on GUS refinance

Freshfields Bruckhaus Deringer looks well placed to advise Royal Bank of Scotland (RBS) if, as expected, the bank opts for a securitisation to refinance the Barclay brothers’ acquisition of GUS’s home shopping division. Newly made up partner Flora McClean advised RBS on acquisition finance for the £590m deal. It is likely that the bank debt […]

Different strokes

In some countries the worlds of commerce and politics inevitably collide, making bribery rife. Robert Hunter warns of how offshore jurisdictions often unwittingly get involved ‘Whichever way you vote’ said a badge I saw when I was at university, ‘the Government always gets in’. That, of course, was the beginning and end of the question […]

Lukoil forms adviser panel

Russian oil company Lukoil is setting up its first ever legal panel to regularise its process of firm selection for global work and reduce rates. Norton Rose and Akin Gump Strauss Hauer & Feld are the traditional advisers and it is understood that White & Case has handled work for the oil giant out of […]

Secrecy pact

An OECD report has uncovered loopholes that allow beneficial owners of vessels to go unnamed. Richard Coles reports on how easy it is to bypass shipping registration rules In a recent article in shipping industry newspaper Lloyd’s List, David Osler drew attention to the ‘Ownership and Control of Ships’ report published in March 2003 by […]

Legal Widow

Deminimus came in on Sunday complaining that he wanted to go and play football with Thomas down the road, but that Thomas was spending hours cleaning his father’s car. “I mean, it only takes half an hour, doesn’t it? If he was washing it with his tongue he couldn’t take longer,” Deminimus despaired. The Lawyer, […]

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