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Latest Briefings

Draft law: Russia’s counter-sanctions against the US and other states

On 17 May 2018, the State Duma adopted in the second reading the draft Federal Law ‘On the Measures (Countermeasures) in Response to Unfriendly Actions of the USA and(or) other Foreign States’ (hereinafter – the ‘Draft Law’). Compared to the initial version introduced by a group of deputies in April this year, the Draft Law […]

Poland: Basic legal aspects of branch and representative office activity

By Łukasz Szostak Under the Polish law, a foreign entrepreneur may, based on the reciprocity principle, set up its branch in the Republic of Poland. The scope of the branch’s activity may include only the activity that is performed by the entrepreneur in the country of its incorporation…

Mongolia: Legal summary on electronic money regulation

The new law on the National Payment System, dated 31 May 2017, shall become effective from 1 January 2018. The importance of the new law is an integrated payment system launch between the Central Bank, commercial banks, legal entities, other financial institutions and individual customers. As result of the law enactment, the Central Bank will […]

Turkish law: Determination of the lease price of roofed workplace

In general, the relationship between a landlord and a tenant is governed by a contract. That contract is referred to as the lease. A lease is an agreement between the landlord and the tenant in which the landlord agrees to allow the tenant to occupy a building or a piece of property owned by the […]

Kyrgyzstan insurance market overview

Kyrgyz law identifies insurance activity as an activity of organisations that have a licence to provide services to individuals and legal entities for premium services, the subject of which are contractual specific obligations of the insurer in the event of an unknown event, with the distribution of risk among a large number of persons exposed […]

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Redundancy hovers over Dentons assistants

Denton Wilde Sapte has six corporate assistants facing redundancy. The firm is looking to redeploy the six into its banking and energy practice groups or negotiate redundancy packages with them. The firm stated that there is also the option of placing the six lawyers in its overseas offices, but if they do not want to […]

Enronitis epidemic

It Looks like there’s a pot of gold at the end of the Enron rainbow for insolvency specialists 3-4 South Square. Last week, one of The Lawyer’s hacks called a silk for a general quote on the Enron scandal. “Sorry,” came the reply, “I can’t comment, I’m involved.” The reply of the next QC was […]

Lawyers finally called to account in Enron debacle

Will Vinson & Elkins and Kirkland & Ellis be dragged through the mud? Emma Vere-Jones reports Accountants have often felt the finger of blame in corporate accounting scandals. Maxwell, BCCI and last year’s Waste Management scandal are just a few instances that spring to mind. The legal advisers have usually managed to avoid the spotlight, […]

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