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.
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.
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.
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.
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.
Legal claims can only be brought within the applicable limitation period prescribed by the Limitation Act (1996 Revision). A defendant to any claim that is time-barred has a complete defence.
Welcome to the April edition of Schoenherr’s to the point: technology & digitalisation newsletter.
Last month the Supreme Court handed down its judgment in Rittson-Thomas v Oxfordshire County Council, concerning ‘section 2 reverter’ under the School Sites Act 1841. The judges unanimously allowed the appeal, finding in favour of the Council.
In a recent case, the Upper Tribunal decided that land benefitting from a restrictive covenant was greater than the land which had the legal benefit. An application to release the covenant was, accordingly, refused.
Our intellectual property team in Dubai has shared their essential A-Z of conducting IP work in the UAE.
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A bumper year for Singapore should give Paris pause for thought.
With London firms thriving in the city, Bristol’s old guard have competition on their hands.
Restructuring hires are on the rise but some firms may have moved too slowly.
What the magic circle’s 2021 partner promotions round can tell us.
House prices in London have been increasing faster than lots of lawyers’ salaries.
The difference between Latham and Kirkland’s London revenue is narrowing.
The independent review of last year’s Bar Professional Training Course (BPTC) has found that the three-way relationship between the BSB, the eight law school providers of the BPTC, and the electronic testing company Pearson VUE, which delivered the online exam, “ultimately contributed to the complexities in the booking and delivery of the examinations.” The Director […]
Baker McKenzie has returned its newly-qualified (NQ) salaries to normal rates, after a reduction during the pandemic last year. The firm crunched salaries by £2,500 (3 per cent) to £87,500 and dropped the sign-on bonus last June. The announcement came a week after Bakers had said it had no plans to reduce salaries for trainees […]
The past year has been one of disruption for businesses everywhere. Daily team catch-ups migrated to Zoom and progress meetings once rewarded with a pint are now paired with anxiety around job security. Responses to the pandemic, such as switching to remote working, have exposed the considerable inefficiencies of conventional working practices. Confronted with this […]
Asset manager Omers Infrastructure has appointed a new director for legal in its London base, almost a year after the exit of former head John Guccione to Latham & Watkins. The company has brought in Marly Ohlsonn, who was previously a senior associate at Herbert Smith Freehills. Ohlsonn spent almost 12 years at Herbert Smith […]
Winston & Strawn’s Shanghai managing partner Brinton Scott has joined HFW’s Shanghai office, after the US firm closed its own Shanghai base. China veteran Brinton Scott has joined HFW’s Shanghai office as a partner in the Greater China transactional practice. He was previously the managing partner of Winston & Strawn’s Shanghai office, where he practised […]
DWF has taken on a five-lawyer team in a bid to boost its UK corporate and real estate practices, with the majority of the group hailing from DLA Piper. The firm has taken on Leeds-based DLA Piper senior corporate partners Wendy Harrison and Jonathan Procter. In addition, it has brought in DLA partner and Leeds […]
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