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Latest Briefings

New EU directive – How will it affect family-related leave in Hungary?

By Daniel Gera, Dorottya Gindl Gender equality may be a core EU principle, but it will not become a reality without effective legal action. To meet the EU objective of reaching a 75% employment rate for both men and women by 2020, the European Commission aims to change the existing legal framework. Thus, the European […]

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 […]

Recommended

Penalties for losing employers to be introduced in tribunals from April 2014

By Kevin McCavish It has been announced that from April 2014 employment tribunals will have the power to order losing employers to pay a financial penalty on top of any financial award made to the claimant. The employment relations minister recently announced (via Twitter) that the power for employment tribunals to order an employer who has […]

Spencer

Lawyer Management: Reed Smith

Nigel Spencer, global director of learning and development Nigel Spencer is global director of learning and development (L&D) at Reed Smith. He joined the firm in 2011 from Simmons & Simmons, where he worked in a similar role for more than seven years.  How do you decide what is important for staff to learn? For […]

rome italy colosseum

Jones Day and Cleary score goal for Indonesian acquisition of Inter Milan

Jones Day and Cleary Gottlieb Steen & Hamilton have taken lead roles on the first major Asian investment in Italy’s Serie-A football clubs. FC Internazionale Milano (Inter) and its majority shareholder Internazionale Holding, wholly controlled by Italian oil tycoon Massimo Moratti, has recently signed an agreement to sell 70 per cent stake in the football […]

Royal Courts of Justice

Madoff’s missing millions

Mr Justice Popplewell last week threw out a series of claims against five former Madoff Securities International (MSI) directors, slamming the claimant Grant Thornton for bringing a “unfounded claim” that verged on public humiliation. In dismissing a multi-million claim against the directors of Bernard Madoff’s European operations Mr Justice Popplewell had some stern words for […]

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