Pierre Denis, Étienne Brassard, Benjamin David Gross and Sibylle Ferreira, whose practices focus on business law, financing and aeronautics, contributed to the development of a Q&A guide entitled Aviation finance in Canada: overview and published in the first edition of Practical Law’s Aviation Finance Global Guide ...
Timeline 20 August 2013: The South African National Assembly passes the Protection of Personal Information Bill [B9D of 2009] (“the Bill”) to give effect to the constitutional right to privacy. 19 November 2013: The Bill is signed into law by President Jacob Zuma and gazetted as the Protection of Personal Information Act 4 of 2013 (“POPI”) ...
The decision by the International Trademark Association (“INTA”) to host a major meeting in Cape Town – apparently the first INTA conference to take place on African soil – is highly significant. It certainly says a great deal about the continent's growing economic importance. The conference takes place on 1 – 2 September 2016 and it’s entitled “Building Africa with Brands” ...
Implementation of Prakas on minimum registered capital of banking and financial institutions,Circular № B7-016-117 C.L, dated 16 June 2016This Circular, issued on 16 June 2016, aims at implementing Prakas №B7-016-117 on Minimum Registered Capital of Banking and Financial Institutions (“BFIs”), dated 22 March 2016 (“Prakas №B7-016-117”), in relation to procedures for increasing the minimum registered capital requirements of BFIs ...
After the hospitality sector, transportation of passengers and corporate financing, insurance could be the next sector to see its business model influenced by the sharing economy. In the past few years, numerous start-up companies have launched businesses in "peer-to-peer" ("P2P") insurance on risksharing platforms, claiming to reduce bureaucracy and costs, and insure risks not covered by the traditional markets ...
Media outlets have recently been reporting on the possibility that Nikola Tesla Airport will acquire Sava Centar (SC), with the purpose of turning it into its company headquarters. This acquisition would be followed by an investment of over EUR 30 million in the next three years for the building's reconstruction and adaptation ...
Latest news reports from the airline industry show that the European Commission has ended their investigation into the ownership structure of "Air Serbia", reaching a conclusion that Serbia indeed holds management rights over its national air carrier. Furthermore, having in mind their minority stake in Air Serbia, Etihad Airways has thus been enabled to operate according to EU standards in Serbia ...
Two recent high-profile cases involving popular songs have placed the spotlight on copyright issues. In the first of these, in California, a Los Angeles jury has decided that Led Zeppelin’s 1971 rock classic Stairway to Heaven did not infringe the copyright in a 1967 song called Spirit by the band Taurus. The case centred on the opening chord sequence in Stairway to Heaven, which the jury concluded was not “intrinsically similar” to the sequence in Spirit ...
A recent European trade mark decision highlights how risky it can be to simply register the word version of a trade mark that is used in a stylised form. The case also highlights an issue that may be worthwhile considering when creating a trade mark – simpler may be cheaper. The decision in question involved a European registration for the trade mark Aunt Bessie’s in ordinary script for a range of foodstuffs ...
Last June 8, Carlos J. Leitão, the Minister responsible for Government Administration and Ongoing Program Review and Chair of the Conseil du trésor, tabled Bill 108, An Act to facilitate oversight of public bodies' contracts and to establish the Autorité des marchés publics ...
With ever-increasing malware, spear phishing and ransomware attacks on corporate America and ever-contracting terms insuring “cyber” liability under traditional insurance, more and more risk managers are venturing into the market for dedicated network security and privacy liability or “cyber” insurance. Others remain dubious—preferring “traditional” coverage to policies that are little understood and even less tested by claims ...
Many people could hardly imagine planning their vacations without considering online vacation rental community platforms. And those who have property available for use might find it just as difficult to resist the temptation to increase their revenues by advertising their room, apartment, house or country home on sites like Airbnb, Homeaway and Chaletsauquébec ...
Amendments to Russian Civil Code on different types of interest under Articles 317.1 and 395Dear Sir or Madam,We would like to inform you that on July 5, 2016 the President of the Russian Federation signed Federal Law dated 03.07.2016 No. 315 “On Amendments to Part I of the Civil Code of the Russian Federation and certain Legislative Acts of the Russian Federation” (hereinafter referred to as the “Law”), which comes into force from August 01, 2016 ...
Extension of Deadline for Online Company Re-Registration, Notification № 2338 (Ministry of Commerce) 01 July 2016According to Prakas 300, dated 29 December 2015, all companies, branches, and representative offices registered in Cambodia wererequired to complete a re-registration process through the Ministry of Commerce’s online registration portal which was launched in January 2016.The deadline for completing the re-registration process was previously extended from March to 30 June 2016 ...
Banking and FinanceMEMBERSHIP OF FAST AND CENTRAL SHARED SWITCH SYSTEMS, Prakas № B14-016-147 Pror Kor, dated 19 May 2016This Prakas, effective from 19 May 2016, requires banking and financial institutions to become members of FAST and Central Shared Switch systems. It aims at encouraging an easy, quick, effective, secure and reliable retail payment in order to foster the development of banking and financial sectors and the national economy ...
Patricia Gannon, Senior Partner, and Rastko Petaković, Partner, together with Associates Veton Qoku and Nevena Tomić Lučić, attended the Balkan Legal Forum ( BLF) 2016 – a conference organised by the IBA European Regional Forum and the Legal Development Foundation ...
Clients with European Union (“EU”) trade marks, registered designs and EP patents may be wondering what will happen to their IP protection in the United Kingdom (“UK”) now that the nation has voted to leave the EU.The good news is that EU IP rights extending to the UK will not be affected in the short-term. The European Patent Office is not an EU institution, so the leave vote will have no effect on EP patents ...
The recent First Chamber Supreme Court’s (SC) case law has been consistent when determining that the granting of clientele compensation in case of unilateral termination of the distribution agreement by the manufacturer could not be made automatically by analogous application of the Agency Contract Act, but by taking into account the particular casuistry ...
In insurance law, as well as in other areas of contract law, the precise definition and scope of the terminology used in a contract are very important since they have a direct effect on the obligations of the parties and, in the case under review, the scope of the insurance coverage. On February 11, 2016, the Nova Scotia Court of Appeal1 issued two judgments while it analyzed the scope to be given to some expressions inherent to insurance contracts ...
A whistleblower is a person who raises the alarm or reports wrongdoing within their organisation. The Swedish Government is now proposing new legislation with the purpose of enhancing the protection of whistleblowers, to come into effect on January 1, 2017. Rebecka Thörn and Josefine Wir summarise the main points of the proposed legislation and give some advice on how your company can handle alarms raised by employees ...
