News

Recent News

MINIMUM PAID CAPITAL FOR MEXICAN INSURANCE INSTITUTIONS

MINIMUM PAID CAPITAL FOR MEXICAN INSURANCE INSTITUTIONS

Published: 30 Jun 2020

On June 29, 2020 the Official Gazette of the Federation published the "CIRCULAR 6/20 OF THE MEXICAN SOLE INSURANCE AND BONDING COMPANIES CIRCULAR" (the " Circular 6/20"). The Circular 6/20 establishes the minimum paid capital for Mexican Insurance and Bonding Companies for each kind of insurance operation they operate as follows: Insurance Operations Operation United S...

Read More

Athens Court of Appeal Confirms Validity of Janssen’s Paliperidone Palmitate SPC

Athens Court of Appeal Confirms Validity of Janssen’s Paliperidone Palmitate SPC

Published: 29 Jun 2020

In Janssen Pharmaceutica N.V. against Greek pharmaceutical companies (Decision no. 342/2020, January 16, 2020) the Athens Court of Appeal confirmed the validity of Janssen’s Supplementary protection certificate (SPC) for paliperidone palmitate. Janssen Pharmaceutica N.V. (Janssen) is owner of a Supplementary Protection Certificate (SPC) for paliperidone palmitate, which was granted in relation to ...

Read More

Applicants Under the Madrid System Can Now File a Defense of Non-Use in Turkey

Applicants Under the Madrid System Can Now File a Defense of Non-Use in Turkey

Published: 26 Jun 2020

The Turkish Patent and Trademark Office (“Office”) was used to notify the applicants of international registrations under the Madrid System about the oppositions (of third parties against the publication of the trademark applications designating Turkey) only after the Office has decided on the merits of the opposition without granting the international applicant a right to file a response petition...

Read More

Temporary Reduction of VAT Rates

Temporary Reduction of VAT Rates

Published: 26 Jun 2020

The German legislator is reacting to the expected economic consequences of the Corona pandemic with comprehensive measures. Probably the most surprising measure is the temporary reduction of VAT rates. The so called First Corona Tax Aid Act already reduced the VAT rate for restaurant and catering services (except for serving beverage) rendered between July 1, 2020 and June 30, 2021 from 19 % to 7 ...

Read More

The Position of UK Nationals in Legal Property Transactions in the Republic of Croatia After Brexit

The Position of UK Nationals in Legal Property Transactions in the Republic of Croatia After Brexit

Published: 26 Jun 2020

According to the Article 358 a of the Ownership Act of the Republic of Croatia, foreign citizens and legal persons from a country which is part of the EU, in legal transactions relating to real-estates in Croatia, are equal to Croatian citizens/legal persons when it comes to the conditions which need to be fulfilled in order to acquire a real estate in Croatia. On the other hand, third-country cit...

Read More

EMPLOYMENT: Financial Support after the State of Emergency

EMPLOYMENT: Financial Support after the State of Emergency

Published: 26 Jun 2020

In the context of the pandemic caused by the COVID-19 virus, the Romanian state took over the payment of the “technical unemployment” indemnity until 31.05.2020. Discover the background here: [https://stalfort.ro/wp-content/uploads/2020/03/20200331_-NEWSFLASH_Indemnity_contract_suspension_UPDATE.pdf.] After the state of emergency was transformed into a “state of alert” new measures were necessary ...

Read More

Romania: Current Rules on Entry, Exit and Free Movement

Romania: Current Rules on Entry, Exit and Free Movement

Published: 26 Jun 2020

After two months of State of Emergency, the State of Alert was declared for a period of 30 days starting on May 18th by Government Decision no. 394/2020 (the "GD") and subsequently prolonged by Government Decision no. 476/2020 for another 30 days until July 16th. The initial rules established a series of restrictions for air, road and rail traffic during the State of Alert. I.e. Air traf...

Read More

COVID-19 - Romanian State of Alert Extended

COVID-19 - Romanian State of Alert Extended

Published: 26 Jun 2020

As expected, on 16.06.2020 the Romanian government extended the state of alert (starea de alertă) for another month. While there are still many obligations for all economic entities, e.g. to ensure the epidemiological triage and hand disinfection, some restrictions of practical relevance were however lifted. Read our article on the changed rules allowing people to enter Romania from states for whi...

Read More

Find a Global Law Expert

Awards

Since 2010, the Global Law Experts annual awards have been celebrating excellence, innovation and performance across the legal communities from around the world.