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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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Directors: stopgap or viable alternative?

A drive to improve profitability led Cobbetts to reform the partnership structure last year, abolishing the role of salaried partner while tightening the equity. But the “almighty chasm between the role of associate and partner” made it necessary for the firm to establish an extra rung on the career ladder, according to real estate partner […]

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Associates wait for payday – but magic circle bonus levels are anyone’s guess

The magic circle has completed this year’s conservative round of salary reviews, and bonus announcements will soon be winging their way to associates’ desks. Linklaters associates could be the luckiest in the magic circle – associates across the board could earn an extra 50 per cent of their base salaries (see table). Close behind is […]

Trio lands roles on best buy’s EU adventure

Freshfields Bruckhaus Deringer, Osborne Clarke and Simpson Thacher & Bartlett scooped lead roles on Carphone Warehouse’s $1.1bn (£564.47m) alliance with US electronics retailer Best Buy, which will see the latter launch operations in Europe for the first time. Longstanding Carphone Warehouse advisers Osborne Clarke, led by relationship partner Adrian Bott, worked closely with the retailer’s […]

2

Companies should obey the law in lawless lands

In the gallons of ink spilled in the debates over business and human rights, one assumption has remained uncontested: companies should obey the laws in the jurisdictions in which they operate. In the words of the International Chamber of Commerce: “All companies are expected to obey the law, even if it is not enforced, and […]

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