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  • AN EXPERIENCED LAW FIRM IS ABSOLUTELY ESSENTIAL DURING REAL ESTATE TRANSACTIONS

    AN EXPERIENCED LAW FIRM IS ABSOLUTELY ESSENTIAL DURING REAL ESTATE TRANSACTIONS

    Published: 30 Mar 2018

    The purchase of a property is generally considered to be a long-term investment so individuals and corporate buyers alike should take proper action before, during and at the closing of a deal, in order to safeguard their interests. On the other side of the arrangement, sellers also need to preserve their rights, in order to avoid any possible negative consequences that may occur during the closi...

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  • India is short of talent - really

    India is short of talent - really

    Published: 29 Mar 2018

    India appears at an unimpressive and unenviable 81st spot in the global index of talent competitiveness released by World Economic Forum, while Switzerland bag the top spot of the chart. Does it mean that India lacks talent? It is universally accepted fact that India is land of professionals with global and unique talent and India is never short of talented professionals. Therefore, lack of tale...

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  • Bank of Lithuania announces its position on virtual currencies and ICO

    Bank of Lithuania announces its position on virtual currencies and ICO

    Published: 29 Mar 2018

    Financial services must be clearly dissociated from activities related with virtual currencies. Banks, payment institutions and other financial market participants should not provide services associated with virtual currencies or participate in their release: this is the approved position of the Board of the Bank of Lithuania. Financial services must be clearly dissociated from activities relate...

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  • Rot in Indian banking - banning LoUs a panacea

    Rot in Indian banking - banning LoUs a panacea

    Published: 28 Mar 2018

    Dr. Manmohan Singh once said (context was Indo-Pak relations) – Lamhon ne Khataki, Sadiyon ne sazaapaayi (moments make the mistake, centuries bear the punishment). History keeps repeating itself. One or two big jewellers milk (rather rob) the banking system, banking officials play hand in glove for years. Apart from making millions in the demonetisation scheme, the saga must have been a banker’s...

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  • GRP Rainer Rechtsanwälte – Report on the distinctiveness of a trade mark

    GRP Rainer Rechtsanwälte – Report on the distinctiveness of a trade mark

    Published: 27 Mar 2018

    In order to be able to register a company symbol or logo as a trade mark, it needs to have the necessary distinctive character to distinguish it from the products and services of other businesses. Trade marks are a valuable commodity for businesses. They create a high degree of brand recognition among consumers and distinguish from competitors’ goods and services. Once it has been registered as ...

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  • The Effect Of Nigeria's Recent Recession On Corporate Practice

    The Effect Of Nigeria's Recent Recession On Corporate Practice

    Published: 26 Mar 2018

    1. What impact has the 2016-2017 recession in Nigeria had on the corporate sector? During the period, the high cost of foreign exchange, high cost of energy led to high cost of production and reduced competiveness. Consequently, the operations of some companies were shut down. In order to survive, many companies reduced production by close to 50 percent, declared some employees redundant and sla...

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  • Business, “nearly business” and leisure travellers – revision of the Visa Code

    Business, “nearly business” and leisure travellers – revision of the Visa Code

    Published: 25 Mar 2018

    On 14 March, the European Commission has released the proposal for a Regulation of the European Parliament and of the Council amending Regulation(EC) No 810/2009 establishing a Community Code on Visas (Visa Code). I Main amendments proposed Member State competent for examining and deciding on an application When the envisaged trip covers more than one destination, or several unconnected trip...

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  • Legal Shorts 23.03.18 including FATF report to G20 ministers and central bank governors 

    Legal Shorts 23.03.18 including FATF report to G20 ministers and central bank governors 

    Published: 23 Mar 2018

    Welcome to Legal Shorts, a short briefing on some of the week’s developments in the financial services industry. If you would like to discuss any of the points we raise below, please contact me or one of our other lawyers.   Claire Cummings 020 7585 1406 claire.cummings@cummingslaw.com www.cummingslaw.com ________________________________________ ESMA speech on Brexit, trans...

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