The cost of hiring in Hong Kong

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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 […]

Recommended

Delaware decision opens door to enforcement of term sheets

The Supreme Court of Delaware recently held that covenants to negotiate in good faith are enforceable and can be used to compel negotiating parties to adhere to otherwise non-binding term sheets. Accordingly, parties wishing to negotiate non-binding term sheets, letters of intent and similar preliminary agreements should ensure that such agreements cannot be enforced by […]

Interpretation of Material Adverse Change clause in loan agreement

Material Adverse Change clauses are common in credit agreements, but are rarely interpreted by the courts. In Grupo Hotelero Urvasco SA v Carey Value Added SL (formerly Losan Hotels World Value Added I SL) & anr [2013] EWHC 1039 (Comm) Blair J considers what can be taken into account when considering a borrower’s ‘financial condition’, […]

Belfast

Herbies expands Belfast with flexible working initiative

Herbert Smith Freehills (HSF) has launched a part-time, flexible working team in its Belfast office as it further expands the team in Northern Ireland. A team of 12 graduates have been recruited to work on a flexible part-time basis as legal assistants, particularly during busy periods and when there is an urgent deadline to be […]

Milan

Bonelli partner quits firm to launch arbitration boutique

Bonelli Erede Pappalardo litigation partner Luca Radicati di Brozolo is leaving the firm with an associate to launch a litigation and arbitration boutique. Radicati di Brozolo joined Bonelli in 2001, having previously worked in the office of the legal adviser for the Bank of International Settlements in Basel and as a partner at Chiomenti Studio […]

Database right: where have we got to?

The Copyright and Rights in Databases Regulations 1997 came into force on 1 January 1998, implementing the EU Database Directive. Since the regulations came into force, the courts have been asked on several occasions to clarify the scope of the new database right. This article considers those landmark decisions. Database right subsists in a database […]

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