Louboutin case in China: Another episode in the globalisation of intellectual property

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New rules for enforced works

Decree-Law no. 66/2019 of 21 May was published recently to amend the rules on summonses to execute maintenance, rehabilitation or demolition works, and on their enforced execution. This legislation is part of the wider strategy of the New Generation of Housing Policies (NGPH), approved by Resolution of the Council of Ministers in May 2018. In accordance with the […]

Significant amendment to the Portuguese Electricity Sector Legal Framework – Generation: what’s new?

The Portuguese legal framework applicable to the activities of the electricity sector has been amended significantly by Decree-Law no. 76/2019, of 3 June 2019, which entered into full force and effect on 4 June 20191 (“DL 76/2019”). DL 76/2019 principally amends and republishes Decree-Law no. 172/2006, of 23 August 2006, which enacted the legal framework […]

Portugal: Mandatory security measures in catering and drinking establishments

Law no. 35/2019, which was published on 24 May and enters into force 90 days after its publication, makes the first amendment to Decree-Law no. 135/2014, of 8 September. This Decree-Law establishes the legal framework for private security systems in catering and drinking establishments that have spaces or rooms for dancing or where people usually […]

Doing business in Portugal and Poland

Portugal The Portuguese service sector has increased substantially in recent decades. The same can be said about the industry sector, such as the software and automotive sector. In 2007, agriculture, forestry and shing generated 2,5% of gross-value added (GVA), in comparison with 24% in 1960, and created 11,6% of jobs, whereas industry, construction, energy and […]

More restrictions on advertising introduced

The Advertising Code now regulates the advertising of foodstuffs and beverages containing high energy values, or high levels of salt, sugar, saturated fatty acids or trans-fatty acids, particularly when it targets the under-16s. Law no. 30/2019 of 23 April made the 14th amendment to the Advertising Code (which was approved by Decree-Law 330/90 of 23 […]

Latest Briefings

Listing High Yield Bonds on The International Stock Exchange

By Lucy Chambers, Emily Renouf The purpose of this briefing is to highlight the principal requirements and key issues to be considered when considering listing high yield bonds on The International Stock Exchange (TISE or the Exchange) under The International Stock Exchange Authority Limited’s (TISEA or the Authority) listing rules (the Listing Rules). TISE offers: […]

Fund finance lending: a practical checklist

By James Heinicke, David Nelson, Fabien Debroise In this chapter we have tried to set out some of the key issues that a lender and its counsel need to consider when entering into a typical subscription (or capital call) finance transaction. We have looked at these issues from the perspective of a lender and as […]

Offshore relocations – moving your family to the Channel Islands

The Channel Islands are a beautiful and secure location offering an ideal base for families and businesses. The traditional arguments made for relocating to the Channel Islands used to revolve around unspoiled beaches, sunshine, great restaurants, golf courses and low tax rates. Those arguments still hold true, but more and more the things that are […]

Cayman securities investment business – changes for excluded persons

* Updated to reflect CIMA Notice published on 19 June 2019 * Entities registered with the Cayman Islands Monetary Authority (CIMA) as excluded persons under the Securities Investment Business Law (2019 Revision) (SIB Law), such as Cayman-incorporated investment managers and investment advisers, should note two recent regulatory changes that require action. AML/CFT reporting forms due by 15 […]

Cayman Islands Economic Substance Requirements – Funds and Fund Managers

By Nick Rogers The International Tax Co-operation (Economic Substance) Law, 2018 (ES Law) came into effect in the Cayman Islands on 1 January 2019, requiring in-scope entities that carry on particular activities to have demonstrable economic substance in Cayman. You can find Ogier’s overview of this legislation here. This briefing summarises the main elements of the […]

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