The great divide

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Latest Briefings

Parallel import guidance clarified by CJEU

By Charlie Bond and John Coldham The Court of Justice of the European Union (CJEU) has issued a ruling clarifying what you can, and cannot, do if you wish to import goods from one Member State of the EU to another. In summary, it has ruled that the trademark owner cannot oppose the further commercialisation of […]

Canadian cannabis companies gaining traction in US

By Henry A Harris and Stephen Franchetto With the Cannabis Act (Bill C 45) set to be voted on by the Senate of Canada in two weeks (June 7, 2018) and legalization of marijuana expected in the coming months, Canada’s largest cannabis company today became the first marijuana producer to be approved for listing on the […]

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 […]

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Garrigues names new chiefs in bumper year

Spain’s largest law firm Garrigues has revealed the names of its new joint managing partners just as it expects to break the e300m (£259.9m) revenue barrier for the first time. Fernando Vives and Ricardo Gómez-Barreda will take up the reins at the start of the new financial year on 1 September for a four-year term. […]

Simmons in dramatic U-turn as PEP drops

Simmons & Simmons has been hit by a 19.6 per cent drop in average profit per equity partner (PEP) after seeing four consecutive years of growth. In its financial results for 2008-09, Simmons’ PEP fell to £520,000 from a high of £647,000 last year. Turnover grew slightly, from £289m to £291m. Managing partner Mark Dawkins […]

Battle to become Freshfields’ global corporate head begins in earnest

Will the young guns push Rawlinson out of pole position? Margaret Taylor investigates Mark Rawlinson The race is on to find Freshfields Bruckhaus Deringer’s next global head of corporate, with incumbent Andreas Fabritius set to stand down at the end of his four-year term. Publicly, partners at the firm are remaining tight-lipped about who Fabritius’s […]

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Silver circle tarnished as financials slide

Equity partners at firms in the ­silver circle will be taking home a significantly lower share of profits ­following the 2008-09 financial year, with profit per equity partner (PEP) falling by an average of 34 per cent. Charles Martin Travers Smith, which has not yet finalised its figures for the past financial year, is expected […]

People moves

Richard Dinning (left) has been appointed as chairman of DMH ­Stallard, taking over from Derek ­Sparrow. Dinning was previously a real estate finance partner at Addleshaw Goddard. Move of the week His appointment comes as DMH Stallard looks to implement its ­latest three-year strategy, ­positioning itself as a “better value” alternative to magic circle and […]

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