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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

IPOs are not yet ‘surging’ following prediction of increase, says Moulton of Eversheds

Richard Moulton, head of private equity at Eversheds, has commented on predictions that the increase in European initial public offerings (IPOs) is set to accelerate. Moulton said: ‘The equity capital markets are open again, with some high-profile businesses coming to market. However, actual volumes of IPOs are not yet “surging” and many in possible floats in […]

Private health market: the Competition Commission makes another controversial decision

The Competition Commission, in its provisional findings published last summer, found several structural and conduct features in the private healthcare market that gave rise to adverse effects on competition. It found, for example, that there were high barriers to entry for full-service hospitals and that there were weak competitive constraints in a certain local markets. […]

High Court

White & Case debarred over conflicts in $2bn oligarch battle

White & Case has been disqualified from acting on one of its flagship cases, the $2bn oligarch litigation between Ukranian industrialist Victor Pinchuk and his rivals Gennady Bogoliubov and Igor Kolomoisky, after a conflict of interest. Mr Justice Field handed down his judgment granting a permanent injunction debarring White & Case from acting for Pinchuk […]

Property update — January 2014: HS2

Wragge & Co reported in its November/December property update that the High Speed Rail (London-West Midlands) Bill received its first reading in the House of Commons on 25 November 2013. The bill, once enacted, will give consent for the first phase of the new high-speed rail project, including the powers to construct and operate the line […]

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