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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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Pharmaceuticals

In the first of a new series, Abigail Townsend asks which type of firm is likely to get a significant share of the rich pickings that are on offer in the pharmaceuticals sector. The new millennium got under way in style for the pharmaceuticals industry as two industry giants started work on one of the […]

UK law firms snubbed by German financial giants

Financial giants Deutsche Bank and Dresdner Bank have chosen independent German firms to advise on their merger rather than UK-based firms with German links. Bruckhaus Westrick Heller Laber, Germany’s largest firm, is acting for Deutsche Bank, while Stuttgart-based Gleiss Lutz Hootz Hirsch Rechtsanwalte is representing Dresdner Bank. The merger will create the world’s largest financial […]

Haarmanns opens office in Moscow

German legal practice Haarmann Hemmelrath & Partner has opened a Moscow office as part of a global expansion drive. Gerd Lenga, previously the partner in charge of German rival Bruckhaus Westrick Heller Laber’s Moscow office, has been appointed to head the new Russian practice. Ulrich Schrader has moved from Haarmanns’ Berlin and Bucharest offices to […]

Dot com gets head of legal from bank

Online financial services company Interactive Investor International has appointed its first head of legal from investment bank Morgan Stanley Dean Witter. As counsel in the law and compliance department at Morgan Stanley, Anil Raval was responsible for all legal and regulatory issues surrounding international private wealth management. He has been appointed head of legal and […]

Testing compensation levels

Judgment is now pending in a Court of Appeal battle which may see the level of personal injury compensation increase. A rare five-judge court, led by Master of the Rolls, Lord Woolf, has been asked to hold that present guidelines on compensation levels are “no longer fair and reasonable”. Eight test cases involving a spread […]

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