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.
In its landmark decision of 29 April 2020, the Swiss Federal Supreme Court held that the online use of a trademark or other sign must have a commercial effect in Switzerland for such use to be considered use in Switzerland. A global website targeted at a worldwide audience may have a commercial effect in Switzerland.
In its long-awaited landmark decision «Schrems II», the CJEU invalidated the EU-US Privacy Shield while imposing additional requirements on the use of Standard Contractual Clauses. The decision also has implications for Swiss employers when transferring employee data to countries without an adequate level of data protection.
The latest amendment to the EU’s Directive on Administrative Cooperation (DAC 6) requires the mandatory reporting of certain cross-border tax arrangements and the subsequent automatic exchange of such information within the EU. DAC 6 is based on BEPS Action 12 and its purpose is to increase tax transparency by identifying arrangements that involve aggressive tax planning at an early stage.
In the wake of the economic downturn resulting from the global pandemic, a significant increase in fraud cases can unfortunately be expected. There are two principal reasons.
I. INTRODUCTION TO BUILDING COMPANY FOR STARTUPS In the first article of our startup series, we have mentioned crowdfunding, which is a contemporary and interesting topic, and dwelled on the conditions of using crowdfunding as an alternative financing source in your company. For the second article of our series, we want to turn our course back a little bit, to the period when your ideas and your startup are slowly maturing. One of the most important questions in mind during the initial period when there is no legal entity yet when there is just you and perhaps your partner, your opinion and effort are undoubtedly “Will we establish a company?”
Where others see obstacles, let us see opportunities. Now we are starting to move back into our offices, we’re all looking for ways to make improvements and savings. Especially with additional measures in place to receive staff and visitors. Here is how outsourcing your switchboard can greatly improve your front of house team. And ultimately, your firm’s operations.
There are of course many negatives arising from the crisis presented by COVID-19. However, there could be real benefits for businesses and their staff if we take some of the opportunities that have been presented and do not just look to revert to the old ways of doing things.
Quantuma managing director Darren Mason recently spoke to the Daily Express about why the latest tax changes could mean dramatic changes to UK pension plans in the coming months, see full article below.
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Eversheds Sutherland has recruited a former Barclays director to map out a growth strategy for its banking practice and deepen the firm’s relationships in the industry, as financings driven by the pandemic are set to generate a new spate of work. Ian Tetsill will become head of the debt finance strategy within the firm’s banking and […]
Two former Linklaters and Simmons & Simmons lawyers, who banked $10m with the sale of their proofreading business, have launched another venture that has attracted a $1.2m investment from magic circle and US firms. Stephen Scanlan, formerly a supervising associate at Simmons & Simmons, founded XRef in 2009, a company that sold an online spelling […]
Brown Rudnick has hired yet another partner to its global restructuring team, with Tony Horspool set to join the US firm’s London ranks. Horspool will join up with Brown Rudnick’s corporate restructuring and special situations team in the capital, following the hire of Richard Obank and Colin Ashford who defected from DLA Piper at the […]
Weightmans has said it will pay its staff their full salary after making cuts earlier in the year, while also deciding to reinstate distributions from October. From June, the firm’s employees took, on average, an 11 per cent salary reduction, which Weightmans said would be reviewed at the end of October. From 1 September however, […]
The UK Government has introduced a raft of changes to the Employment Tribunal, in a bit to manage the case backlog caused by coronavirus. The changes, which have been brought by business minister Paul Scully, includes allowances for the judiciary to deploy non-employment judges into the tribunal. This change means that judges can act in […]
Simpson Thacher & Bartlett has brought in another partner from the magic circle, this time Clifford Chance’s Owen Lysak. Lysak made partner at Clifford Chance in 2017 and joined the firm in 2004 as a trainee. He advises private funds, asset managers and financial institutions on regulatory issues and transactions, related to the likes of […]