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Latest Briefings

FCA opens notifications for temporary permissions regime in case of no-deal Brexit

By François Pfister, Anne-Gaëlle Delabye In order to ensure that investment funds that are currently marketed in the United Kingdom under the European Economic Area (EEA) passporting regime continue to be able to do so in the event of there being no implementation period based on the withdrawal agreement after 29 March (no-deal Brexit), the […]

Changes in the procedure for admission of foreign medical devices and medicines to public procurement in Russia

On 1 January 2019, amendments to the Resolution of the Government of the Russian Federation No. 102 of 05.02.2015 that provides for restrictions and conditions for the admission of certain types of medical devices originating from foreign countries for the purpose of procurement for state and municipal needs (“Resolution No. 102”). And the Resolution of […]

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Deals

Allen & Overy represented Lincoln Electric Holdings on its £471m bid for Charter. Credit Suisse First Boston and JP Morgan provided US bank facilities to Lincoln Electric. Corporate partner at A&O Mark Wippell led a team of 11. Jones Day Reavis & Pogue acted for Lincoln Electric on the provision of US bank facilities. Slaughter […]

Be prepared for dirty money

New legislation is placing the onus on law firms to play their part in beating the money launderers, says Andrew Clark. New anti-money laundering developments will significantly affect the legal profession. The Financial Services Authority (FSA) has new responsibilities to regulate certain activities of firms involved in investment business. This should focus the minds of […]

Finers Stephens nabs Mishcons tax expert

West End firm Finers Stephens Innocent is taking on a new tax principal from City practice Mishcon de Reya. Brian Slater is a qualified accountant and joins the firm with partner status to advise on corporate tax, property tax, VAT and employee share options schemes. Mishcons says that Slater held a “senior position” in the […]

Hammonds liability team escapes sale to go solo

Hammond Suddards’ liability insurance litigation department is striking out on its own – avoiding being sold-off to the highest bidder. The firm, which is called Praxis Partners, was going to be sold after Hammonds brought in accountants Grant Thornton to co-ordinate a purchase (The Lawyer, 3 April). Jane Dixon, one of three partners at Praxis, […]

Case of the week… not

As hype about the amount of (insurable) losses companies suffered because of overly affectionate emails last week reached fever pitch, the bidding war began on how many years in jail the author of the ‘I Love You’ computer virus should get. But meanwhile, back in the real world, those responsible for the Paddington rail disaster […]

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