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01 June 2020

COVID-19 Pressure points: Online sales of pharmaceuticals – now available? (Russia)

In light of the volatile situation with COVID-19, the president of the Russian Federation signed Decree No. 187 dated 17 March 2020 “On Retail Trade of Medicines for Medical Use” (“ Decree No. 187 ”) under which distance selling of over-the-counter (“ OTC ”) medicines is permitted. Following...
29 May 2020

HKMA publishes report on bank culture self-assessment

On 22 May 2020, the Hong Kong Monetary Authority ( HKMA ) published a report on its review of self-assessments on bank culture. This is part of the HKMA’s bank culture reform supervisory measures, where 30 authorised institutions ( AIs ) were selected in the initial phase to conduct self-...
29 May 2020

COVID-19 exposes M&A risks

Each time our markets experience a major downturn we see bidders trying to extricate themselves from previously announced transactions. If there is a breach of a bid condition, this may be possible, but it typically gives rise to disputes and uncertainty, particularly if the bidder is proceeding...
29 May 2020

COVID-19: Pressure Points: Summary of Key Support And Guidance for Charities and Social Enterprises (UK)

This note sets out a high-level summary of key announcements regarding funding, support, and guidance available for social enterprises and charities as of 29 May 2020. Please note that changes and announcements are made regularly; updates should be monitored on an ongoing basis.
29 May 2020

Class actions fireside series

Join our leading class action experts for an informal discussion as they unpack the headlines, explain the issues and share their views on the latest class action developments.
29 May 2020

Clearer guidance provided: the takeovers panel’s new equity derivatives guidance note

The Takeovers Panel has finally issued its updated guidance on the public disclosure of equity derivatives. This update guidance was published almost a year to the day after the Panel’s public consultation process closed. This article outlines what has changed.
28 May 2020

COVID-19: People: Post-lockdown issues for employers (UK)

On 11 May 2020 the UK Government published its roadmap for coming out of lockdown, providing for a (conditional) phased return of schools and businesses over the coming months and subject to continuing social distancing requirements. Employers who shut down or reduced their operations at the start...
28 May 2020

ПРАВОВОЕ РЕГУЛИРОВАНИЕ ВТОРИЧНОГО РЫНКА СИНДИЦИРОВАННОГО КРЕДИТОВАНИЯ ПО РОССИЙСКОМУ ПРАВУ

Правовое регулирование вторичного рынка синдицированного кредитова­ния играет важную роль в создании условий для привлечения на вторичный ры­нок максимального количества участников и, соответственно, развития россий­ской банковской системы и экономики России в целом.
27 May 2020

COVID-19: Pressure Points: The Global Impact on the Mining Industry

Note: This resource has been updated on 26 May 2020 to include the US (Federal and the States of New York, California and Texas) and reflect recent developments in Australia and Peru. The COVID-19 pandemic is an unprecedented humanitarian and economic crisis. The mining industry has sought to...
27 May 2020

The View From Brussels: The negotiation of the Future Partnership between the EU and the UK

Negotiations on the Future Partnership between the UK and the EU have progressed through three rounds – held by video conference rather than face-to face given the current circumstances. According to the press-conferences, and in particular the introductory statement of the EU negotiator at the end...
27 May 2020

Tax Treaty Interpretation: The Limits of Fiction

In Fowler v HMRC [2020] UKSC 22, the Supreme Court determined that a statutory fiction created by a deeming provision of UK tax law did not affect how the terms of a bilateral tax treaty should be applied. In particular, the Supreme Court held that although the UK deeming provision in question...
27 May 2020

COVID-19: Governance: Changes to UK insolvency law undermine position of DB schemes and the PPF (UK)

The Government on 20 May 2020 published the Corporate Insolvency and Governance Bill , which contains the most far-reaching reforms to UK insolvency law in over 30 years. The Bill has been introduced on an emergency basis in an attempt to ensure that otherwise financially viable companies survive...
27 May 2020

COVID-19: Pressure Points: Opportunities to acquire IP assets in a changing world (Global)

As governments around the world take the first tentative steps to ease lockdown measures, people and businesses are beginning to focus on a return to work or at least a resumption of more normal business processes. However, it is clear that a large number of businesses, sadly, will not survive in...
27 May 2020

COVID-19: Pressure Points: Sector update: Infraestructuras y Contratación pública nº 1 Mayo 2020 (Spain)

Bienvenido a la primera edición de nuestro update de infraestructuras y contratación pública. Aquí encontrarás algunas de las principales novedades más destacadas del sector. Esperamos que te sea de utilidad.
26 May 2020

Manufacturing medicines in Australia: examining the need for increased domestic capability

There has been much discussion about the need for Australia to increase “sovereign capability” in domestic pharmaceutical manufacturing.