Kazakhstan adopts new Subsurface Use Code

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On 7 June 2018, the draft law “On Ensuring Competitive Terms of Production of Electricity from Renewable Sources” No. 8449 (“Draft Law 8449”) was registered with Ukraine’s parliament. As of 4 July 2018, seven alternative draft laws (Nos. 8449­1 – 8449­7) have also been registered with parliament (“Alternative Drafts”). Five of the seven Alternative Drafts […]

Ukraine: new corporate law governing LLCs

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A new legal framework on public-private partnerships entered into force in Romania on 18 May 2018 after the publication in the Official Gazette of Government Emergency Ordinance No. 39/2018 on public-private partnerships…

Serbia: Transfer of licences in the context of asset privatisations in the mining sector

The current Serbian privatisation framework was established in August 2014 through the adoption of a new privatisation law (“Privatisation Law”) and subsequent introduction of all relevant secondary legislation. Although the phase of the mandatory privatisation of the so­called socially-­owned companies (which comprised a special feature of the pre­privatisation system in Serbia) was finalised on 31 […]

Law on Central Register of Beneficial Owners adopted in Serbia

On 25 May 2018, the Serbian Parliament adopted the Law on the Central Register of Beneficial Owners (“the Law”). The main purpose of the Law is compliance with Chapter III of Directive (EU) 2015/849 of 20 May 2015. The Law will enter into force on 8 June 2018. The Law introduces the obligation to register […]

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Priority rights in Turkish law

According to the Industrial Property Law, which entered into force on 10 January 2017, an enterprise of goods or services ensure distinguishing from or service goods other undertakings and brand owners to ensure protection of the subject it is turned on and including the names of persons, provided that shown on the register can provide […]

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On 23 March 2018, the United States of America introduced a special protective measure in the form of increased customs duties on imports for steel and aluminium products, including those originating from the Russian Federation… …The Government of the Russian Federation by its Decision No. 788 dated July 2018, therefore, introduced import customs duties rates […]

Why Islamic finance fits well in Kazakhstan

Since 1991, Kazakhstan, Central Asia’s largest economy and oil producer, has had to rely on the deteriorating infrastructure it inherited from the Soviet Union. As a result, nearly every piece of public infrastructure (eg roads, hospitals, power plants, kindergartens, sewerages) in Kazakhstan requires a different degree of upgrading or expansion…

Extortion, blackmail, and kidnap for ransom

In this market insight, originally written for CampdenFB, Schillings’ extortion, blackmail and kidnap for ransom specialists, John Chase and Brittany Damora, set out the scope of the threat and what steps family offices and family businesses need to take when faced with this type of critical risk scenario…

The Court of Protection endorses use of the Mental Capacity Act

By Michael Mylonas QC The requirement for written consent in schedule 3 of the Human Fertilisation and Embryology Act has caused difficulties in some notable cases. Last week saw another challenge in which Mrs P needed the consent of her husband who had suffered an irreversible brain injury. She turned to the Mental Capacity Act 2005…

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