By Barbara van der Ven Is it possible to patent the sequence (or partial sequence) of human genes? Genetic research is very important in the fields of diagnosis and treatment of genetic disorders, infectious diseases and non communicable diseases. From the very beginning, genetic research has always been connected with moral and ethical questions, such as […]
By Anke Holtland, Jacobine van Beijeren The Dutch Data Protection Authority published its decision last week to impose a processing ban on the Minister of Finance for the processing of Citizen Service Numbers ( BSNs ) in VAT identification numbers by the Tax Authorities. Background of the use of BSNs The Tax and Customs Administration is charged with providing VAT […]
The Financial Regulatory News Updates: an overview in which our Banking and Finance Practice Group highlights recent legislative developments and publications of supervisory authorities in the financial markets.
By Marc Wiggers, Thomas Verstraeten On 17 December 2018, the European Commission (‘Commission’) announced that it had imposed an antitrust fine of EUR 40 million on clothing company Guess for illegally restricting its resellers from using the Guess brand names and trademarks for the purposes of online search advertising and making cross-border sales of Guess […]
By Stéphanie De Smedt, Alice Boulvain. Aleksandra Sanak The EU Geo-blocking Regulation applies since 3 December 2018. It impacts many businesses that sell their goods and services online or offline across the EU, including companies offering food supplements or (over-the-counter) medicines, who now need to make sure they comply with these new rules.
The Chennai Bench of the Income Tax Appellate Tribunal (Tribunal) in a recent ruling in Dr. Muthian Sivathanu v Assistant Commissioner of Income-tax [ITA No. 553/2018] held that proceeds received on sale of shares acquired pursuant to exercise of an employee stock option (Option) will be taxable as capital gains and not as salary. Further, […]
A division bench of the Hon’ble Supreme Court of India (the Court), consisting of Mr. Justice N V Ramana and Ms. Justice S Abdul Nazeer in the case of P Radha Bai v P Ashok Kumar (Civil Appeal no 7710-7713 of 2013), has reiterated the strict interpretation of limitation prescribed under Section 34(3) of the […]
By François Pfister, Anne-Gaëlle Delabye In order to ensure that investment funds that are currently marketed in the United Kingdom under the European Economic Area (EEA) passporting regime continue to be able to do so in the event of there being no implementation period based on the withdrawal agreement after 29 March (no-deal Brexit), the […]
In B and C v Virtue Trustees (Switzerland) AG and Ors re The C Trust JCA219the Court of Appeal considered the rectification of the terms of a Jersey law declaration of trust known as the C Trust (the Trust). This was the first occasion that the Court of Appeal had considered the rectification of trusts in […]
On 1 January 2019, amendments to the Resolution of the Government of the Russian Federation No. 102 of 05.02.2015 that provides for restrictions and conditions for the admission of certain types of medical devices originating from foreign countries for the purpose of procurement for state and municipal needs (“Resolution No. 102”). And the Resolution of […]
Fried Frank has announced its partner promotions round, making up ten partners worldwide, with one sitting in London. This is the second partner the firm has promoted in London in the last two years, with corporate lawyer David Christmas making the cut last year. Christmas’s promotion came after three fallow years where Fried Frank did […]
Mishcon de Reya has moved to fill a gap left by its former head of white collar crime and investigation Alison Levitt QC by hiring Kingsley Napley criminal litigation partner Johanna Walsh. Walsh will join the firm on 4 February having previously worked at DLA Piper and litigation boutique Peters & Peters with a focus […]
Japanese firm Hitachi has suspended its £20bn nuclear power plant project in Anglesey, a construction deal that had been overseen by magic circle firm Clifford Chance and Burges Salmon. A Clifford Chance team led by partner Nigel Howorth, who works on areas including planning, energy and environment, was involved as an advisor to Horizon Nuclear […]
In a bid to pick up further work arising from the “Northern Powerhouse” initiative, CMS Cameron McKenna Nabarro Olswang is opening an office in Liverpool, hiring a partner from DWF for the launch. This will be the firm’s first UK office opening since its tripartite merger with Nabarro and Olswang in May 2017 and its tenth UK […]
UK Infrastructure group Balfour Beatty is to bring in a new general counsel from Tesco ahead of the impending retirement of current head David Mercer. Tesco’s legal director of finance, corporate and technology Jonathan Lagan will take on the position, after nearly a decade at the supermarket. He was formerly a senior associate in Shearman […]
Big Four accountancy firm KPMG has extended its legal services network to Hong Kong, targeting a headcount of 20 lawyers for its newly-established legal outfit in the region. The new firm called SF Lawyers is being set up by former Harneys counsel Shirley Fu, who started her professional services career with KPMG back in Australia in 2004. […]