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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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HSF bank borrowings up £30m as overdraft soars 138 per cent in 2012/13

Herbert Smith Freehills’ (HSF) bank overdraft rose from £26m to £62.7m last year as total bank borrowings grew by more than £30m, the firm’s latest LLP accounts have revealed. In the first set of accounts to be filed since the 2012 merger of Herbert Smith and Australia’s Freehills (21 June 2012), the firm’s LLP recorded […]

Ensure your distribution agreement runs like clockwork — beware of banning exports to Switzerland

Manufacturers and suppliers experienced in entering into EU distribution agreements will be aware that there are limits upon the restrictions that they may lawfully place upon on their resellers — including in respect of territorial restrictions. But what about the impact of such distribution agreements on Switzerland given that Switzerland is not in the European […]

Guy Norman makes bid for Clifford Chance top job

The temperature has fallen, the tracksuits pressed and the countdown has started. That’s right, the race to replace Clifford Chance’s outgoing corporate chief has begun (what else?). The first to don his bobsleigh shoes – if only metaphorically – is Guy Norman, who has sent an email to partners expressing his desire to take over. […]

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KWMSJB hires BLP lawyer to launch Middle East real estate group

King & Wood Mallesons SJ Berwin (KWMSJB) has swiped Berwin Leighton Paisner (BLP) senior associate Tom Calnan to launch its real estate practice in the Middle East.  The establishment of the new practice is part of KWMSJB’s continuing drive into the region, following the opening of its associated Riyadh office earlier this week (27 January) (16 […]

Anelka’s own goal: what to do if employees damage your business

By Richard Barker Footballer Nicolas Anelka’s recent alleged anti-Semitic gesture has had significant consequences for his club, which has lost one sponsor and faces the prospect of losing more. What can you do if an employee’s actions cause damage to your business? After scoring a goal against West Ham United recently, West Bromwich Albion striker […]

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