Recent financial market regulation developments
With entry into force of the Financial Institutions Act (FinIA) and Financial Services Act (FinSA) and the implementing ordinances, especially active asset managers and Swiss and non-Swiss financial service providers must cope with various new affiliation and registration deadlines. Given the authorities now have set the framework, the financial institutions have to take action within the next couple of months.
AMLA and DLT: current political developments
The AMLA is one of the fastest changing laws in Switzerland. Fundamental amendments are made to it practically every year. Just a few days ago, the Council of States voted on two draft laws which are of great importance for many economic players in Switzerland.
Swiss IP News – July 2020
An update on new decisions, the relevant legislative process and other trends in the fields of intellectual property and unfair competition law from a Swiss perspective.
Well-known trademarks in the context of a product’s culinary origin
The Swiss Federal Administrative Court (SFAC) recently clarified (B-622/2018, 8 June 2020) that the “relevant” public, in a legal meaning, for (traditional) pastries comprises all consumers and professionals residing in Switzerland irrespective of the culinary origins of such pastries.
Swiss Federal Supreme Court follows the practice of EPO’s Board of Appeal on singling out
In a recent decision (4A_613/2019, 11 May 2020), the Swiss Federal Supreme Court (Supreme Court) followed the practice of the Board of Appeal of the European Patent Office (EPO) as it held that the singling out of single features from two separate lists of features and therefore the combination of these two specific features constitutes an extension of the subject-matter of the patent application leading to its nullity.
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A COO is a managing partner’s best friend
Firms must once again turn their attentions towards servicing current clients for a lower cost.
Business travel is not dead
The world is becoming a more open place to travel based on the Henley Passport Index.
There is one good reason US firms are hiring senior associates into partnership
In recent months there has been a glut of senior associate hires.
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For all of Quinn’s success in London, it’s seriously missing out on IP
The most successful US firm in London in terms of sheer growth is Quinn Emanuel Urquhart & Sullivan.
2020’s redundancies tell us three things about the shape of 2021
The job losses in the legal sector last year give us a good inkling of where the most profound changes are likely in 2021
Latham isn’t sniffy about the mid-market – just ask Travers
With Paul Dolman’s hire, Latham is targeting the mid-market PE opportunities.
Contenders emerge as Linklaters’ election race kicks off
Linklaters’ senior partner election race has begun in earnest, The Lawyer understands, as Charlie Jacobs looks set to leave the firm at the end of his term. The magic circle firm has begun a process that will conclude by mid-May, sources told The Lawyer. Jacobs is understood to have communicated internally that he will be […]
Mayer Brown pulls out of Thailand after Asia review
Mayer Brown is the latest firm to rethink its strategy in South East Asia, with its lead partner in Thailand joining a rival US outfit in the country. Local partner in charge Maythawee Sarathai has joined Hunton Andrews Kurth, as Mayer Brown closed its Bangkok operations. The Bangkok office was acquired by Mayer Brown following […]
Clifford Chance and Kirkland lead on US fund manager deal
Clifford Chance was on call for Alter Domus, as it agreed an acquisition deal that takes its assets under administration to $1tr. Clifford Chance supported Alter Domus as it completed the purchase of fellow business Strata Fund Solutions. The deal makes Alter Domus one of the largest private asset servicers for PE and venture capital […]
Mishcon takes on BT in multimillion-pound consumer action
Telecoms giant BT has called on Simmons & Simmons as it faces a multimillion-pound claim in the Competition Appeal Tribunal. The claim is brought by Justin La Patourel, founder of Collective Action on Landlines (CALL), and Mishcon de Reya’s Rob Murray. The dispute relates to BT allegedly overcharging customers for its landline subscription. In 2017, […]
Clifford Chance on call in app dispute with Apple and Google
Clifford Chance is representing the studio behind hit game Fortnite in the Competition Appeal Tribunal (CAT) after Epic Games launched legal action against Apple and Google. The dispute concerns the defendants’ decision to remove Fortnite from their respective app stores in August 2020, which has spawned abuse of dominance claims from Epic which now seeks […]
Simmons throws out fraud claim after rejected SDT complaint
Simmons & Simmons has successfully struck out a fraud claim from a litigant in person who accused the firm of dishonesty and had lodged a complaint to the Solicitors’ Disciplinary Tribunal (SDT). David Hinkel’s claim was dismissed by the High Court on Friday, during which proceedings revealed that the SDT had rejected the appellant’s complaints […]
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