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  • Extension of Grace Period in Japan

    Extension of Grace Period in Japan

    Published: 06 Dec 2017

    The Japanese Patent Law permits exceptions to lack of novelty in special cases, for example, cases in which an invention is disclosed against the inventor’s will, an invention is disclosed due to the inventor’s conduct, etc.  In order to receive the permission from the JPO, a Japanese patent application must be filed within 6 months from the date on which the invention was disclosed. In the c...

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  • Double taxation agreement between Italy and Romania

    Double taxation agreement between Italy and Romania

    Published: 06 Dec 2017

    With Law no. 78 of 16 May 2017, published in the Italian official Gazette dated 9 June 2017, Italy ratified the double taxation agreement with Romania. Once the new agreement enters into force, it will replace the 1977 version. Pursuant to section 29 of the agreement it will enter into force upon receipt of the last of the two notifications with which the two countries notify each other the end of...

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  • An Appraisal Of Business Potentials And Legal Framework In Nigeria's Solid Minerals Sector

    An Appraisal Of Business Potentials And Legal Framework In Nigeria's Solid Minerals Sector

    Published: 05 Dec 2017

    Nigeria is richly endowed with a variety of solid minerals of various categories varying from precious metals to stones and also industrial minerals. Much of these minerals are yet to be exploited. Statistically, the level of exploitation of these minerals is very low in relation to the extent of deposits found in the country. Recent policy reforms have brought the solid minerals sector to the for...

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  • The New Data Protection Legislation - Final Countdown for Implementation!

    The New Data Protection Legislation - Final Countdown for Implementation!

    Published: 04 Dec 2017

    On May 25, 2018, the EU General Data Protection Regulation (GDPR) and the new German Federal Data Protection Act (Bundesdatenschutzgesetz / BDSG-neu) will come into force. Implementation Deadline: May 25, 2018! Companies have to fully implement the new requirements of the GDPR and the BDSG-neu until May 25, 2018. In case of breach of data protection obligations, sensitive fines of up to 20 mil...

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  • GRP Rainer Rechtsanwälte – Experience in business succession

    GRP Rainer Rechtsanwälte – Experience in business succession

    Published: 01 Dec 2017

    A large number of small and medium-sized businesses are going to have to make arrangements for business succession in the near future. There are various possible approaches to organizing succession. According to a study conducted by KfW Research, approximately one in every six small and medium-sized businesses will be planning for business succession by the year 2018. The study states that aroun...

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  • GRP Rainer Rechtsanwälte: Valuation of commercial agents right to compensation

    GRP Rainer Rechtsanwälte: Valuation of commercial agents right to compensation

    Published: 30 Nov 2017

    After a commercial agency agreement has been terminated, the commercial agent is normally entitled to compensation. The assessment of the extent of this right to compensation frequently gives rise to disputes. During their period of service to a company, commercial agents maintain existing contacts and establish new ones. If the commercial agency agreement is terminated, we at the commercial law...

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  • Security for costs

    Security for costs

    Published: 30 Nov 2017

    There are cases in which the Cyprus Courts in civil proceedings may order the plaintiff in an action to provide money for the security of the defendant's costs that may be incurred after the trial has ended. The possibility of issuing a decree granting security for costs is regulated by Order 60 of the Civil Procedure Rules. The issue of such an order is at the discretion of the Court, which m...

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  • Transfer pricing and sector studies

    Transfer pricing and sector studies

    Published: 30 Nov 2017

    The court has accepted the defences presented by the taxpayer - an Italian subsidiary of a foreign multinational which during a tax investigation was accused of invoicing insufficient consideration for its activity as commissionaire in Italy on behalf of its Austrian sister company. In particular, the Italian tax authority had (indirectly) contested the consideration's adequacy by comparing the in...

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