New PM proposes changes to company boards

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Latest Briefings

Draft law: Russia’s counter-sanctions against the US and other states

On 17 May 2018, the State Duma adopted in the second reading the draft Federal Law ‘On the Measures (Countermeasures) in Response to Unfriendly Actions of the USA and(or) other Foreign States’ (hereinafter – the ‘Draft Law’). Compared to the initial version introduced by a group of deputies in April this year, the Draft Law […]

Poland: Basic legal aspects of branch and representative office activity

By Łukasz Szostak Under the Polish law, a foreign entrepreneur may, based on the reciprocity principle, set up its branch in the Republic of Poland. The scope of the branch’s activity may include only the activity that is performed by the entrepreneur in the country of its incorporation…

Mongolia: Legal summary on electronic money regulation

The new law on the National Payment System, dated 31 May 2017, shall become effective from 1 January 2018. The importance of the new law is an integrated payment system launch between the Central Bank, commercial banks, legal entities, other financial institutions and individual customers. As result of the law enactment, the Central Bank will […]

Turkish law: Determination of the lease price of roofed workplace

In general, the relationship between a landlord and a tenant is governed by a contract. That contract is referred to as the lease. A lease is an agreement between the landlord and the tenant in which the landlord agrees to allow the tenant to occupy a building or a piece of property owned by the […]

Kyrgyzstan insurance market overview

Kyrgyz law identifies insurance activity as an activity of organisations that have a licence to provide services to individuals and legal entities for premium services, the subject of which are contractual specific obligations of the insurer in the event of an unknown event, with the distribution of risk among a large number of persons exposed […]

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NYS judicial nomination post for Debevoise partner

Debevoise & Plimpton litigation partner Matthew Biben has been appointed to the New York State Commission on Judicial Nomination, which screens candidates for vacancies on the Court of Appeals. Appointments to the 12-member commission are divided evenly among the three branches of government. Biben will replace Margaret Morton, who is resigning from the commission, and […]

Walker Morris advises on Polyframe MBO

Walker Morris has advised Halifax-based company Polyframe Holdings and Martyn Buckley on the sale of Polyframe, the UK’s largest independent manufacturer and distributor of trade windows and doors. The company was established in 1992 and now has a group turnover exceeding £50m. It operates four manufacturing facilities producing windows and composite doors for the installer as […]

Withers revenue soars 21 per cent as PEP falls again

Withers has seen revenue grow 21 per cent over 2015/16 alongside a 16 per cent drop in average profit per equity partner (PEP). Turnover at the firm soared from £134m to £161.5m after the firm expanded its international network through formal alliances with Singapore firm KhattarWong and new offices in California. However, the firm’s average profit […]

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