Hengeler Mueller advises Sonic on sale of its interest in GLP Systems
Sonic Healthcare Limited ("Sonic") (SHL.AX) has sold its indirect 85% shareholding in GLP systems GmbH ("GLP") to Abbott Laboratories ("Abbott"). Abbott has also acquired the remaining 15% interest in GLP.
Pharma no longer under the Competition radar
Author: Dr. Gayle Kimberley The use of competition law to regulate the pharmaceutical industry is beginning to see a new impetus. While traditionally competition authorities struggled to use competition law to address the pharmaceutical sector’s practices, EU legislators have given a clear political signal that something needs to be done to address anti-competitive practices of …
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A Case-Law Study on Justification of Non-Use of a Trademark
Despite annulment of Article 14 of the Decree No. 556 by the Turkish Constitutional Court has created a lacuna about the legal ground of the use obligation of trademarks; the proprietor always had the obligation for using its trademark in Turkish and international Trademark Law. In a nutshell a trademark that has not been genuinely …
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AVELLUM advises EBRD on secured loan to major Ukrainian wood processing company
AVELLUM acted as the Ukrainian legal counsel to the European Bank for Reconstruction and Development (“EBRD”) in connection with a long term senior secured loan to Limited Liability Company “Zunami” (“Zunami”) in the total amount of up to EUR3 million.
What tools or treaties exist to aid discovery of assets, the granting of orders and recovery?
The following article discusses session two in the IR Global Virtual Series on 'Freezing Assets – The mechanics behind cross-border injunctions'
Gulbenkian Andonian Solicitors Coverts to Limited Company Status
Gulbenkian Andonian Solicitors have the pleasure of announcing that the Solicitors Regulations Authority have authorised a change in structure and entity of the company to an Alternative Business Structure (ABS).
Simplified Mergers in Turkey under Turkish Commercial Code
Merger, in general, is a complex procedure which requires detailed and long formalities. Simplified merger creates an option for the joint stock companies to merge in a faster way without being subject to certain transactions.
First Nullification of a Domestic Arbitration award under the umbrella of the new Federal Arbitratio
Abstract: Recently, the UAE has promulgated Federal Law Number 6 for 2018 (UFAL 2018) at the time when procedures for ratifying of arbitral awards have been changed substantively. The new UAE federal law (hereafter referred to as UFAL 2018) has replaced the enforceability of Articles 203-218 of the Civil transaction code promulgated by law number …
What injunctions are available in your jurisdiction in order to freeze assets?
The following article discusses session one in the IR Global Virtual Series on 'Freezing Assets – The mechanics behind cross-border injunctions'
Transaction complete: Mid Europa Partners sells Bambi
The leading private equity investor in Central and Eastern Europe Mid Europa Partners sold Bambi, the leading Serbian biscuit and confectionary maker, to Coca-Cola HBC. The sale was completed on 18 June, and Bambi, one of the most recognisable brands in Serbia, will continue its development under Coca-Cola HBC.