By Sergey Vakhrushev Usually, under the delivery contract, the parties agree on the terms about an advance payment for goods, such provision is aimed at protecting the supplier’s interests. However, the provision about an advance payment has negative impacts for a supplier. The provision about an advance payment results in uncertainty performed by a transaction, […]
By Mikhail German Any business activity, one way or another, is connected with the involvement of labor resources, since with the development of the company it becomes impossible to independently perform the necessary functionality. Thus, entrepreneurs and heads of business structures attract employees to perform certain duties, concluding employment contracts.
Let us introduce you this ‘Doing Business in Russia’ publication prepared by GRATA International law firm in Moscow. The information in the brochure is based on theoretical and practical information available as of April 2019. The content of this brochure is intended for foreign businessmen and companies seeking to do business in Russia.
By Shaimerden Chikanayev The capacity market was finally launched on the 1st January 2019 in Kazakhstan to encourage investment for the renovation of old, as well as construction of new, power infrastructure facilities. Because of relevant amendments in the Power Law, all generating companies in Kazakhstan must maintain a specific generating capacity and, correspondingly, the participants […]
By Bolormaa Volodya General understanding of the Arbitration: Civil court lawsuits and trials are the traditional method for resolving disputes. However, concerns about court congestion and delays, rising litigation costs, and the negative psychological and emotional impact of litigation have increased the use of alternative dispute resolution (ADR) techniques such as mediation, arbitration etc. Arbitration is one […]
On 22 January 2019, the National Green Tribunal, Principal Bench, New Delhi (NGT) in the case of Saloni Singh & Anr v Union of India & Ors (OA No. 141 of 2014) inter alia, directed the Railway Administration, Ministry of Railways, Government of India (Railway Administration) to develop ‘eco-smart stations’ which would serve as model […]
This document summarises certain key aspects of Guernsey taxation law for the calendar year 2019. Companies tax resident in Guernsey are subject to income tax on their worldwide income. A company is tax resident in Guernsey if: it is incorporated in Guernsey; it is incorporated outside of Guernsey but is “centrally managed and controlled” in […]
By Karl Anders, Louise Power, Steve Nixon Walker Morris has monitored and periodically reported on the Government’s review of perceived unfairness within the leasehold market and the potential reinvigoration of commonhold as an alternative to leasehold ownership . On 19 March 2019 the Housing Communities and Local Government Committee (HCLGC) published a report which offers wide-ranging and ground-breaking […]
By Jurg Schneider, Annemarie Lagger On 15 March 2019 the Federal Council launched the consultation process on the preliminary draft of the new Federal Act on the Protection of Minors in respect of Films and Video Games (Youth Protection Act). The Youth Protection Act will comprehensively regulate the protection of minors and close existing legislative […]
By Pedro Simoes Coelho, Carlos Couto The real estate investment trusts (“SIGI”), approved by Decree-Law no. 19/2019 of January 28 (“DL 19/2019”), implemented in Portugal the Real Estate Investment Trusts . However, the national legislature allowed SIGI, in addition to the purpose of the lease, to pursue other forms of economic exploitation of immovable property. […]
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Facebook pulled out all the stops this week, announcing that it has hired a former Davis Polk partner to lead its in-house function, arguably one of the toughest legal jobs in the market right now. After spending 13 years in private practice, US-based Jennifer Newstead most recently held a role in the Trump administration. Before […]
CMS has made up 40 partners in its latest promotions round, the largest number ever. The firms scored well for gender diversity in the UK, with women making up 76 per cent of the 21 promotions in the UK. Outside the UK, however, just seven of 28 partners made up were women. In the UK, […]
Jones Day and Travers Smith have advised on the £185m IPO of casual dining group Loungers. Loungers, which operates 146 café-bar sites across England and Wales under brands Lounge and Cosy Club, has been advised by co-lead of Jones Day’s banking, finance and securities practice Giles Elliott and capital markets partner Vica Irani. Having revealed […]
Charles Russell Speechlys has made up nine lawyers to partner in its latest promotions round, three of whom are women. The nine new partners are Rebecca Burford, Renaud Ferry, Andrew Keeley, Gareth Mills, William Rollin, Sarah Rowley, Tristram van Lawick, Sarah Wigington and James Worthington. The new partners are spread across practices that include corporate, […]
Clifford Chance has announced its partner promotions for 2019, making up 30 worldwide, the highest number in over a decade. The last time the magic circle made up more was in 2008, when it promoted 35. Overall, women accounted for a third of this year’s promotions. The Asia-Pacific region saw a higher number of new […]