Legal Briefings | 09 April 2018
US announces new Russia sanctions designations and releases new guidance
Given the broad coverage of the new designations and their importance, both US persons and non-US persons currently having or anticipating business transactions with Russia should conduct robust due diligence and monitoring on their counterparties and understand the potential impact of the new...
Legal Briefings | 12 February 2018
Syndicated facilities institute obtains legislative acknowledgement in Russia
On 31 December 2017 the President of the Russian Federation signed one of the laws which has been most discussed by the Russian banking and legal communities – Federal Law No. 486-FZ "On a syndicated facility (loan) and amendments to certain legislative acts of the Russian Federation" (the " Law...
Guides | 25 January 2018
High speed rail projects – risks and opportunities
Herbert Smith Freehills’ Tokyo office recently welcomed some 70 clients and industry professionals to its 8th Annual Construction Conference. The theme of this year's conference was the growing global focus on high speed rail projects.
Legal Briefings | 23 January 2018
The Anti-Bribery and Anti-Corruption Review, 6th Edition, Russia Chapter
Although Russia is ranked 131 out of 176 countries on Transparency International's 2016 Corruption Perceptions Index, sharing the spot with Iran, Kazakhstan, Nepal and Ukraine, in its Third Round of Evaluation Report published 21 November 2016, the Group States against Corruption (GRECO) considered...
Legal Briefings | 20 December 2017
Corporate Crime update, December 2017
Welcome to the December 2017 edition of our corporate crime update - our round up of developments in relation to corruption, money laundering, fraud, sanctions and related matters. Our update now covers a number of jurisdictions. Click read more for the full article of each jursidiction. Below we...
Legal Briefings | 15 December 2017
Getting the deal through: Joint Ventures 2018
Joint ventures, in the purest sense (namely, a collaboration between two or more legal or natural persons with the aim of conducting a shared business), have been around for as long as modern company law and are equally integral to its development. Indeed, the early laws on partnerships and...
Legal Briefings | 01 December 2017
Companies and the rights of people with disabilities: What actions should be taken?
As companies increase their efforts to comply with the UN Guiding Principles on Business and Human Rights ("UNGP"), the International Day of Persons with Disabilities on 3 December 2017 provides an opportune time for a business to reflect on its efforts to respect and promote the human rights of...
20 April 2018
Northern Territory Government lifts moratorium on fracking
On 17 April 2018, following the release of the independent Scientific Inquiry into Hydraulic Fracturing of Onshore Unconventional Reservoirs in the Northern Territory on 27 March ( NT Fracking Inquiry Report ), the Northern Territory Government announced that it would support, or support in-...
Legal Briefings | 20 April 2018
The digital world in Asia – the advent of connected and autonomous vehicles
A number of industry sectors could be dramatically transformed as a result of the development of new connected and autonomous (CAV) technology, which has far reaching applications. As companies seek to collaborate with each other and navigate the complex legal landscape in developing the CAV world...
Legal Briefings | 19 April 2018
Insurer on notice of potential indemnity waives compliance with duty of disclosure
A recent decision of the New South Wales Court of Appeal 1 reminds us that (1) contractually assumed exclusions of liability must be carefully considered in the context of the other bases on which the policyholder may have been liable in any event, and (2) disclosure of some relevant but general...
Legal Briefings | 17 April 2018
Ipso facto law reform: public consultation commences on exceptions to the stay
On 16 April 2018, the Australian Federal Government ( Government ) launched a public consultation on proposed exceptions to the recently enacted stay on ipso facto clauses. These exceptions, which will be contained in a forthcoming declaration and regulations, will be critical to the operation of...
Legal Briefings | 17 April 2018
Belt and Road: Supporting the Resolution of Disputes
On 5 March 2018, the ICC Court announced the establishment of a commission to address dispute resolution in relation to China’s Belt and Road Initiative . The commission will drive the development of ICC’s existing dispute resolution procedures and infrastructure to support Belt and Road disputes.
Events | 17 April 2018
Connected and Autonomous Vehicles Conference, New York
Connected and autonomous driving technology presents a wide range of business opportunities, but the pace at which it is developing, combined with the evolving global regulatory landscape, poses a number of novel and challenging legal issues. Hailed by many as the new industrial revolution, the...
Legal Briefings | 16 April 2018
Future perfect: the rise of blockchain
It has been a decade since the invention of blockchain, the technology with the potential to disrupt industries and sectors far and wide. Yet it remains an area of confusion for many, with its application in the cryptocurrency sphere gaining a large part of the media’s focus, thanks to...