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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

Transforming Dubai into a global centre for Islamic bonds

His Highness Sheikh Mohammad Bin Rashid Al Maktoum recently launched an initiative to transform Dubai into, among other things, a global centre for Islamic bonds (sukuk). The initiative, called “Transforming Dubai into a Global Centre for Islamic Bonds”, primarily aims at making Dubai the world capital of the sukuk market, hence potentially also transforming Dubai […]

Allen & Overy advises SINOPEC Engineering on IPO offering

Allen & Overy is advising SINOPEC Engineering (Group) Co Ltd (‘SINOPEC Engineering’) on its (approximately) $2bn initial public offering (IPO) and listing on the Hong Kong Stock Exchange, Hong Kong’s largest IPO so far in 2012. SINOPEC Engineering, a subsidiary of SINOPEC Group, is an oil refining, petrochemical and new coal chemical engineering company in […]

Incentives system for green energy finally defined by law

The Republic of Srpska National Assembly adopted the Law on Renewable Energy and Efficient Co-generation on 25 April 2013. This is the first time in the Republic of Srpska that a law regulates planning and incentives for the production and consumption of energy from renewable sources and efficient co-generation, as well as incentives for the […]

Qatar
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Bell Capital GC quits for Qatar Investment Authority

Bell Capital general counsel Tom Bartos has left the role for an M&A position at the Qatar Investment Authority (QIA), the state-owned investment arm of the Gulf state. Bartos, who was the director of Barclays Capital for over seven years, left for the Doha-based role last month. The Qatari sovereign fund, estimated to hold in […]

Supreme Court

Hage Aaronson secures Supreme Court win for M&S

Hage Aaronson has secured a Supreme Court win for Marks & Spencer (M&S) after the court today ruled against HM Revenue & Customs (HMRC) in a tax battle with the retailer. The ruling comes just a day after the High Court found that M&S should be held liable for trademark infringement against Interflora (21 May […]

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