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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 […]

Recommended

Sonnenschein opens in Dallas

Chicago-headquartered Sonnenschein Nath & Rosenthal has launched a new office in Dallas, Texas. The office will be led by Matthew Orwig, US attorney for the Eastern District of Texas, who will join the firm on 1 June 2007 to serve as Dallas managing partner and national chair of Sonnenschein’s government litigation and investigations group. Joining […]

Conyers brings in Cayman partner

Conyers Dill & Pearman has appointed Richard Fear to its corporate and commercial practice in London. Fear, who was formerly a partner at Charles Adams Ritchie & Duckworth in the Cayman Islands, will focus on investment funds, capital markets, banking and structured finance at his new firm. Head of the London office Martin Lane is […]

Shell settles first pan-European securities fraud case

US law firm Grant & Eisenhofer (G&E) scored an advisory role on the first-ever pan-European class settlement of securities fraud claims. G&E, representing a European investment group of more than 50 investors, including some from the UK, agreed to resolve claims against Royal Dutch Shell over the company allegedly having reported an “overstatement” of its […]

IRS puts Jenkens out of its misery with demand for the firm’s closure

Two lawsuits in the course of five years proved too much for Jenkens & Gilchrist to bear, and the Texan firm closed its doors for the last time on 31 March after 56 years of operation. The US Internal Revenue Service (IRS) confirmed that it had settled its tax fraud case with Jenkens for $76m […]

Hammonds promotes 11 to the partnership

Hammonds has promoted 11 associates to the partnership. Four of the new partners, who will be promoted on 1 May 2007, are in the corporate team, with two each in construction, employment and intellectual property (IP), and one in property. This reflects a different emphasis from last year, when the firm promoted a total of […]

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