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Latest Briefings

Draft patent (amendment) rules, 2018 published for objections and suggestions

The Ministry of Commerce and Industry has published Draft Patent (Amendment) Rules, 2018 (Draft Rules) for objections and suggestions. The key highlights of the Draft Rules are broadly set out below: International Applications: Patent agents will be required to file all documents, including scanned copies of documents, only by electronic transmission at the time of […]

Amendment to S. 197 of companies act, 2013 notified: Government approval no longer required for enhancement of managerial remuneration

In a long awaited move, the Ministry of Corporate Affairs (MCA) has notified the provisions of the Companies (Amendment) Act, 2017 (CA Amendment Act), relating to managerial remuneration, which are now in force with effect from 12 September 2018. By way of a notification, the amendments to Section 197 and Schedule V of the Companies […]

Drone usage and the law

By Jane Weaver, Martin McKeague It is likely that, in the run-up to this Christmas, perhaps more online shopping will have been done than at any time ever before. Amid news stories about traffic congestion being caused by the growing numbers of delivery vans on our roads, and as technological innovations develop apace, retailers may be increasingly […]

Portugal: An introduction to Energy & Natural Resources

By Rui Amendoeira, Miguel Soares Branco In 2016, Portugal ran for four days straight on renewable energy alone. Recent investments in renewable energies mean that currently Portugal runs approximately 60 per cent on renewable energy all year round. Without relevant oil and gas developments, this European country represents the modern approach to the energy sector with […]

Channel Islands funds quarterly legal and regulatory update: Q4 2018

Jersey Developments Value of regulated funds in Jersey hits record high Figures released by the Jersey Financial Services Commission (JFSC) for Q3/2018 and reported by Jersey Finance, showed that the net asset value of regulated funds under administration in Jersey grew 14% year-on-year to stand at £301.7bn. Ogier’s commentary on this very encouraging news can […]

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Camerons salary rises keep pace with magic circle

CMS Cameron McKenna has raised its trainee and newly-qualified (NQ) salaries by an average of three per cent as it bids to keep pace with the magic circle. First year trainee solicitors will now receive £37,500, an increase of 2.7 per cent on last year’s £36,000. Second year trainee salaries rose by 3.8 per cent […]

Camerons reaches Pinnacle in e600m sale

CMS Cameron McKenna is working opposite Linklaters on the sale of major Eastern European warehouse operator Pinnacle Real Estate to Islamic investment fund Arcapita. Pinnacle,?which?is thought to manage assets worth more than e600m (£476.58m), turned to Camerons’ Central and Eastern Europe office and corporate partner Helen Rodwell, as well as real estate?partner?Hilary McDowell. Linklaters partners […]

The trouble with best friends…

The ‘best friends’ moniker that Slaughter and May uses to describe its alliance of likeminded firms has always had that cute ring of the playground about it. Only Slaughters could get away with it really.

Clifford Chance turnover up 11 per cent

Clifford Chance turnover up 11 per cent” />Clifford Chance is the first magic circle firm to announce its financial figures for the 2007-08 year, posting an 11 per cent revenue increase and 13 per cent rise in profit per equity partner (PEP). Over the course of the year the firm turned over £1.33bn, up from […]

Berwin Leighton Paisner: could do better

After its stellar performance in recent years we expected more from Berwin Leighton Paisner (BLP). While its turnover rise of 10.1 per cent rise in turnover is hardly disastrous, it represents a massive slowdown on the previous two years, when turnover grew by 16 per cent and 19 per cent. Top of the PEPs Revenue […]

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