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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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TMT deals round-up

Fried Frank Harris Shriver & Jacobson (Karen Wiedemann) and Ashurst (Katy Brown) acted for Goldman Sachs equity fund GS Capital Partners 2000 on its £15.4m acquisition of Gains International, a subsidiary of Tullets. Berwin Leighton Paisner (Louise Workman) advised Tullets. Morgan Lewis & Bockius (Trevor Asserson) is representing Don King in his libel claim against […]

Lazard refuses to underwrite legal fees in battle for The Telegraph

Hollinger International’s financial adviser Lazard has told bidders that it will not underwrite legal fees on the auction of The Telegraph, despite the fact that the deal is a risky prospect. Many of the bidders are now trying to pass some of the cost on to their external legal advisers. Private equity bidders expect abort […]

Ex-Pinsents corporate partner joins Boyes Turner

Former Pinsents partner Patrick Walsh has joined the corporate group of Reading firm Boyes Turner. Walsh was formerly a partner in the London office of Biddle, which merged with Pinsents in 2001. He was reported to have retired from Pinsents together with former Biddle partners David Biddle and Peter Watson. He acts for a wide […]

Legg quits Linklaters for Mayer Brown

Highly rated Linklaters partner Andrew Legg has quit for Mayer Brown Rowe & Maw after over 20 years at the magic circle firm. Linklaters decided over 18 months ago to refocus on corporate and finance work at the expense of future investment in the real estate and litigation departments. Litigation was also to be aligned […]

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