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Latest Briefings

Higher Dutch VAT rate on several LS-products

By Luca van Silfhout, Patrick Vettenburg A number of goods and services, listed in an annex to the Dutch VAT Act, qualify for the reduced VAT rate (instead of the regular VAT rate of currently 21%). Among these goods and services are: qualifying medicines, first-aid type supplies such as bandages and qualifying medical aids such […]

US raises bar for International Development Finance with proposed Build Act

By Paul M. Murphy, Mark McAuley Overview: The United States seems to be raising the bar for International Development Finance with the proposed BUILD Act. Through the proposed creation of a new U.S. Government institution, the International Development Finance Corporation, the US looks to create a new paradigm for the developing world – in direct response to […]

How can protectionism affect technology?

The technology we increasingly rely on every day such as phones, tablets and personal computers are made up of different components. These components and other parts are made using raw materials that can be found in countries all over the world. Materials including aluminium, lithium and cobalt have been listed by the World Bank as […]

Promotion of indigenous R&D in pharmaceutical industry by the Delhi High Court

By Ajay Bhargava, Arvind Kumar Ray, Karan Gupta In the recent case of Modi-Mundipharma Private Limited v Union of India & Ors., (Writ Petition (Civil) No. 11802 of 2016), the High Court of Delhi (Court) has clarified that incremental innovation or novel drug delivery systems like lipid / liposomal formulations, sustained release, controlled release, etc. should […]

Lawyers’ presence ensured during a competition investigation, but with riders

By Sagardeep Rathi, Pranjal Prateek, Ebaad Khan In a case connected to the Competition Commission of India’s (CCI) cartel investigation in the conveyor belt market, an appellate bench of the Delhi High Court (Court) (LPA 607/2016; Judgment dated 24 May 2018) has confirmed a single judge bench judgment of the Court (WP(C) 11411 of 2015; Judgment […]

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Ogier supports Jersey Student Business Challenge

The Jersey Student Business Challenge kicked off with a launch event for students from Grainville and JCG on Tuesday 13 January 2015.  The Challenge, which is supported by Ogier as well as by Barclays and EY, sees 10 teams of students from each school start-up and run their own businesses with an initial investment of […]

Barclays and RBS GCs call it a day

Two high-profile departures from the legal departments at major banks characterise the last week of in-house news. Last week (9 January) Barclays Capital confirmed the resignation of general counsel Judith Shepherd who is set to leave the company before the summer. Shepherd joined the bank from Gibson Dunn & Crutcher in 2006, starting as deputy […]

money
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Penningtons’ debt rocketed by 129 per cent in year of Manches takeover

Penningtons more than doubled its debt in the year it took over cash-strapped Manches, with a number of its partners giving personal guarantees that the loans would be repaid. LLP accounts filed with Companies House this week reveal that the firm’s short-term debt went from £5.9m at the end of 2012/13 to £13.5m at the […]

Eversheds says Rio Tinto’s Indian diamond stake may be first of many investments

Parmjit Singh, head of the India group at Eversheds, has commented on the news that mining company Rio Tinto plans to invest $500m in a diamond project in India’s Madhya Pradesh state. Singh said: ‘Foreign direct investment into India has been steadily increasing over the last few months as foreign companies get increasingly comfortable with […]

Jami McKeon Morgan Lewis

Morgan Lewis chair Jami McKeon: what really happened with Bingham

After months of talks, Morgan Lewis hired 226 partners from Bingham McCutchen late last year. Now chair Jami McKeon opens up about the negotiations and her plans for the future. Jami McKeon was elected as Morgan Lewis’s first-ever female chair in October 2013 and formally took over the reins of the US firm in October […]

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