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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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Poll reveals Slaughter and May as outside investors’ firm of choice

Slaughter and May has emerged as the most attractive law firm prospect for outside capital investment, following a poll of readers of The Lawyer. The Lawyer’s weekly online poll revealed that 34 per cent of respondents would prefer to invest in Slaughter and May if proposals made in the Clementi Review to allow external investment […]

Barclays turns to AZB for Indian venture

Barclays’ in-house lawyers have teamed up for the first time with Indian firm AZB & Partners to advise the bank on its joint venture with Mumbai-based processing centre Intelenet. A Barclays team led by senior legal counsel Sarah Gibbs and head of commercial legal Andrew Colyer led the negotiation of the share purchase, joint venture […]

PI lawyers slam Law Soc over referral fees

the Law Society’s stance on referral fees. Personal injury lawyers hit out last week (Wednesday 8 August) at the Law Society’s stance on referral fees. Speakers at the launch of London Accident Link, including Louise Christian of Christian Khan Solicitors, condemned the Law Society for allowing referral fees, arguing that they compromise ethical standards. A […]

Parmalat advisers get hourly rate

The law firms advising bankrupt dairy group Parmalat in the multibillion dollar actions against banks and financial advisers have been retained on an hourly rate rather than a contingency basis. As reported in The Lawyer (9 August), Milanese litigation boutique Studio Legale Lombardi Molinari is leading the charge against a slate of banks and auditors […]

SAC race

The development of public legislation relating to segregated accounts companies is proving beneficial to the insurance market in Bermuda. Neil Horner reports In August 2000, Bermuda enacted the Segregated Accounts Companies Act 2000 (the SAC Act). The public legislation established a registration system for a segregated accounts company or SAC (the Bermudian equivalent of a […]

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