Mondaq Business Briefing articles from July 2003

Mondaq Business Briefing archives from July 2003

Insurance and the Tax Treatment of Casualty Losses.
July 1, 2003... Given the turmoil resulting from recent world events, the tax treatment of casualty losses sustained and not compensated for by insurance has become a point of interest for many business and individual taxpayers. Section 165 of the Internal...

Admissibility of Expert Opinion Based on Computer Modeling - What Does Daubert Require?(Daubert v. Merrell Dow Pharmaceuticals Inc. doctrine)
July 1, 2003... By Gregory A. Bibler and Paul E. Nemser, P.C. Expert testimony inevitably plays a central, sometimes decisive, role in the outcome of environmental cases. Experts typically testify about such issues as source identification, travel time,...

Swidler Berlin Shereff Friedman Litigation Partners Receive International Recognition.(Andrew Levander, Benjamin Rosenberg)
July 1, 2003... (Washington, DC) !X Andrew Levander and Benjamin Rosenberg, both litigation partners in Swidler Berlin Shereff Friedman, LLP's (SBSF) New York office were named to the 2003 International Who's Who of Business Crime Lawyers and Who's Who Legal...

The Finnish Competition Act.
July 1, 2003... Co-Authored by Christian Wik and Caroline Westerling This article first appeared in Getting the Deal Through: Merger Control - A Global Competition Review Special Report. The Act on Restrictions on Competition, 480/92, as amended,...

Production Issues of Software in Intellectual Property Litigation.
July 1, 2003... Introduction In March 2003, Caldera Systems Inc. doing business as 'The SCO Group' filed suit against International Business Machines (IBM) in Utah state court. Their complaint alleges, among other issues, misappropriation of trade...

Corporate - Financial Assistance Update.
July 1, 2003... The law on financial assistance has long been regarded as one of the most complex and uncertain areas of modern company law. This complexity has important practical implications for structuring transactions. Two recent Court of Appeal...

U.S. Supreme Court Issues Ruling Concerning Class Action Arbitrations.(includes multiple cases )
July 2, 2003... A divided U.S. Supreme Court failed to resolve whether class action arbitrations are permitted when not expressly authorized by an arbitration clause. In remanding a decision of the South Carolina Supreme Court that held that class arbitrations...

Jobs And Growth Tax Relief Reconciliation Act Of 2003.
July 2, 2003... On May 28, 2003, President Bush signed into law the Jobs and Growth Tax Relief Reconciliation Act of 2003 (the "Act"), which is being touted as the third largest tax cut package in U.S. history. The Act includes several tax rate reductions,...

Communications "A" 3972 & 3973 - Regulation of Decree 285/2003 (entry and leave of foreign currency) and Flexibleness for Debt Payments.
July 2, 2003... Through Communications "A" 3972 and 3973, the Argentine Central Bank ("BCRA") regulated the minimum terms of permanence for short term capital in the Argentine market, in accordance with Decree 285/2003 dated June 30, 2003. In addition, the...

New Australian Privacy Right.
July 2, 2003... Article by Duncan Giles and Gayle Hill Australians can now recover significant civil damages for invasions of privacy, according to an important recent Queensland decision which, for the first time, does not rely on existing privacy...

US Climate Change Policy.
July 2, 2003... There have been numerous recent developments in the US Government's climate change policy including: the release in November 2002 of the draft 'Strategic Plan for the Climate Change Science Program' an announcement by the White House...

Illinois to Retain Health Planning.
July 2, 2003... Article by Kara M. Friedman and Kristian Werling In the late hours of the 93rd General Assembly's spring session, both Houses of the Illinois legislature approved a bill which, assuming it hurdles the last obstacle-the Governor's...

Jersey's Development as an International Finance Centre.
July 2, 2003... By Phil Austin, Chief Executive In four decades the Island of Jersey has developed into one of the world's leading offshore finance jurisdictions. The Island has relied on its political and economic stability, product innovation, and the...

Immigration Newsflash.
July 2, 2003... More Legislation to be Introduced to Restrict L-1 Visa Category Representative Rosa L. DeLauro (D-CT) will apparently be introducing a comprehensive bill in the House of Representatives which is even more restrictive in nature than the one...

FCC Overhauls Media Ownership Rules.(Federal Communications Commission)
July 2, 2003... Article by Bruce D. Ryan, Michelle W. Cohen & Neil R. Fried Yesterday, in what it described as the "most comprehensive review of media ownership regulation in the agency's history," the Federal Communications Commission ("FCC") relaxed four...

Update On FinCEN Regulation Of Anti-Money Laundering.(Financial Crimes Enforcement Network )
July 2, 2003... This Alert discusses the final rules issued by the Department of the Treasury through FinCEN that require financial institutions to establish customer identification programs by October 1, 2003. FinCEN has also proposed additional rules that...

Brazilian Law Firm Admits New Partners.(Amaro, Stuber e Advogados Associados)(Brief Article)
July 3, 2003... As from July 1st, 2003, Amaro, Stuber e Advogados Associados has three new partners: Adriana M. Godel Stuber, Angela Moraes Rodrigues de Jesus and Pedro Anan Jr. Adriana leads a Corporate Law team in the firm and has twelve years of...

Insurance and Reinsurance Team at Mayer, Brown, Rowe & Maw LLP Recruits New Assistant from Clifford Chance.(Claire Walter)(Brief Article)
July 3, 2003... The Insurance and Reinsurance Group at Mayer, Brown, Rowe & Maw LLP is pleased to announce the arrival of Claire Walter, a 5 year qualified assistant from Clifford Chance. Claire's practice focuses on domestic and international insurance...

New South Wales Budget: Stamp Duty Changes.
July 3, 2003... Article by Richard Giannone, Steven Stevens, Matthew Stutsel The New South Wales Budget 2003-04 (Budget) was handed down on 24 June 2003 by the Treasurer, Michael Egan MLC. The Budget contains several proposed changes to the State's stamp...

Private Equity Houses: Make Sure You Disclaim The Financial Model.
July 3, 2003... We have seen recent examples of private equity houses being asked by other stakeholders (such as co-investors or debt financiers) in private equity deals for 'reliance letters' in relation to the financial model for the deal. This has occurred...

Franchising Prospect In India.
July 4, 2003... Horizon In 1950s this concept was first time adopted in U.S.A. and U.K. and later in 1980s it grew throughout European and American countries. In 1980s the franchisee concept was adopted by large corporations throughout the world. The...

Mayer, Brown, Rowe & Maw LLP Advises Quantum Energy Group in Strategic Acquisition.(of the share capitals of Fortum Energy Plus and Saracen Gas)
July 4, 2003... The Corporate Group at Mayer, Brown, Rowe & Maw LLP has advised Quantum Energy Group in its acquisition of the share capitals of Fortum Energy Plus and Saracen Gas from a subsidiary of the giant Finnish energy group Fortum. The combination...

New Rules for Patent Oppositions in the Federal Court.(Australia)
July 4, 2003... Fina Research SA v Halliburton Energy Services In and Ors [2002] FCA 1505 (3 December 2002) and [2003] FCA 55 (7 February 2003) In Brief The Federal Court considers that patent opposition appeal proceedings should be swift and...

Key Personnel - Planning for the Future.
July 4, 2003... It is easy to believe that six years is a long time, but those six years in 2001 are now just four. Within a short while the impact of the immigration policy change of April 2001 will begin to have effect. Maybe your organisation is...

The Development of the Bermuda Reinsurance Market.
July 4, 2003... By Dennis J. Higginbottom A.C.I.I. (First Published in the Spring 2002 Issue of Journal of Reinsurance by the Intermediaries & Reinsurance Underwriters Association) About the Author: Dennis Higginbottom is Vice President & Secretary of...

Coudert Brothers LLP Celebrates 150 Year Anniversary with $2 Million Commitment to the World.
July 4, 2003... (New York, NY, July 1, 2003) -- Coudert Brothers LLP is celebrating its 150th anniversary of continuous legal practice -- making it one of the most lasting and experienced law firms in the world - by committing up to $2 million in funds and...

Individual Insolvency - The Enterprise Act 2002.(discusses new personal insolvency regime in the U.K.)
July 7, 2003... Executive summary The government introduced changes to the personal insolvency regime, through the Enterprise Act 2002, in an effort to remove some of the stigma of bankruptcy, thus reducing entrepreneurs' fear of failure. The Act balances...

TeleWare Sets Sights On New Future.(is being bought out by company formed by Geoffrey Haworth)(Brief Article)
July 7, 2003... Entrepreneur Geoffrey Haworth is being advised by UK law firm, Pinsents, on the buyout of Teleware plc, the computer telephony division of TeleWork Systems plc, valued at [pounds sterling]5.2 million. TeleWare, which develops and supplies...

High Court Considers Obviousness.(Australia's High Court clarifies concept of obviousness as a ground for revocation of a patent)
July 7, 2003... Aktiebolaget Hassle & Anor v Alphapharm Pty Limited [2002] HCA 59 In Brief The High Court has clarified the concept of obviousness as a ground for revocation of a patent. In considering obviousness, the High Court's approach is...

Lessons from the Securitization Process.
July 7, 2003... Under the guise of a largely procedural case, the Southern District Court of New York has shed some light on the legal aspects of an often obscure corner of the securitization process: the relationship between the transferor of a mortgage loan...

Lease Terminations in a Soft Leasing Market: Issues for Landlords to Consider.
July 7, 2003... By Jesse Sharf and Kamyar David Shabani Commercial tenants who leased space at the peak of the leasing market several years ago were generally more anxious to get into their space, and to negotiate expansion rights, than they were concerned...

New Regulations Make It Easier For Foreign Multinationals To Establish Regional Headquarters In Shanghai.
July 7, 2003... On July 20, 2002, the Shanghai municipal government signaled its intent to establish Shanghai as the preferred city for regional headquarters ("Regional Headquarters") of multinational companies by issuing Tentative Provisions on Encouraging...

Liability for Asbestos Related Disease in England and Germany.
July 8, 2003... Article by Mr Richard Best* INTRODUCTION Newspapers abound with stories of corporate difficulties in connection with asbestos-related lawsuits. Internationally, most litigation to date has taken place in the United States, where high...

New Perspectives On Evidence In Patent Infringement Suits.
July 8, 2003... Until recently, discovery was virtually unheard of in German litigation, but recent developments have opened possibilities. by Reinhardt Schuster and Ikze Cho Before the recent reform of the German Procedural Code (Zivilprozessordnung...

Gibraltar Granted Investment Services Passporting Rights.(single market)(Brief Article)
July 8, 2003... The Gibraltar Government is pleased to announce that it has received written confirmation from the UK Government of Gibraltar's passporting rights into the EU and EEA single market in investment services. Investment services providers based in...

Effects of EU Membership On Latvia And Estonia.
July 8, 2003... Article by Ivo Alehno, Maksim Greinoman Co-authored by Janne Kairo The accession to the European Union will considerably affect the economic policy of the Government of any Accession State. The question of how much a State has to...

Asia Insurance Briefing.
July 8, 2003... Article by Gareth Thomas and Tommy Tong 'Moral Hazard' Brotherton v Aseguradora Colseguros (Transcript 22nd May 2003, Court of Appeal (Eng)) Arising from the judgment of Colman J. in Strive Shipping Corp. v Hellenic Mutual War...

FRB Approves Final Rule Modifying Regulation Y with Respect to Permissible Derivatives Activities for Bank Holding Companies.(U.S. legal briefs)
July 9, 2003... The FRB issued a final rule (the "Rule") that modifies Regulation Y to permit bank holding companies ("BHCs") to enter into derivative contracts that involve the taking and making delivery of title to, but not physical possession of, certain...

Supreme Court Docket Report, October Term, 2002 - Number 16.(Settles case related to Telecommunications Act of 1996 - Preemption)
July 9, 2003... By Miriam R. Nemetz and Robert L. Bronston Today the Supreme Court granted certiorari in and consolidated three cases of potential interest to the business community. Amicus briefs in support of the petitioners are due on Thursday, August...

Supreme Court Docket Report, October Term, 2002 - Number 15.(Supreme Court decides bankruptcy case, among others)
July 9, 2003... By Miriam R. Nemetz and Robert L. Bronston Today the Supreme Court granted certiorari in one case of potential interest to the business community. Amicus briefs in support of the petitioners are due on Thursday, July 31, 2003, and amicus...

Brazilian and U.S. Power to Tax Internet Access.
July 9, 2003... By Roberto Greco de Souza Ferreira, associate with Stroeter, Royster & Ohno - Advogados (associated with Steel Hector & Davis LLP), Sfo Paulo. There has been worldwide debate involving Internet taxation, including taxation of access to the...

The Traditional Concept Of Permanent Establishment And The New Economy - The Position Taken By The OECD And The Issues Faced By The Brazilian Tax System.
July 9, 2003... Roberto Greco de Souza Ferreira1 With the development of the Internet and the growth of e-commerce transactions, many legal questions have emerged, including tax issues surrounding this new form of conducting business. In most...

Mallesons Stephen Jaques' Lawyers Recognised As Leading Lawyers In Asia.(Brief Article)
July 9, 2003... Partners from the Hong Kong office of Mallesons Stephen Jaques have featured strongly in AsiaLaw & Practice's Asialaw Leading Lawyers 2003. Mallesons' David Bateson and Paul Starr (Dispute Resolution) and, Adrienne Showering and Richard...

Hospital CEO Indicted For Recruitment Fraud Scheme.(Barry Weinbaum, CEO, Alvarado Hospital Medical Center)
July 9, 2003... By John P. Krave and M. Steven Lipton Earlier this month, a grand jury in the United States District Court for the Southern District of California indicted Barry Weinbaum, CEO, Alvarado Hospital Medical Center in San Diego, on eight counts...

Real Estate: Keeping Prejudicial Information Confidential.(UK)
July 9, 2003... With effect from Monday 13 October (when the Land Registration Act 2002 comes into effect) anyone will be able to inspect and obtain copies of any document held by the Land Registry, subject to certain exceptions to that right. This will...

Supreme Court Docket Report, October Term, 2002 - Number 17.
July 10, 2003... By Miriam R. Nemetz and Robert L. Bronston Today the Supreme Court granted certiorari in three cases of potential interest to the business community. Absent extensions, amicus briefs in support of the petitioners are due on Monday, August...

Discrimination After Termination Of Employment.
July 10, 2003... Until recently, case law concerning acts of discrimination post-employment was contradictory. Previous case law established that an ex-employee was unable to complain of post-employment race or disability discrimination. However, an employer...

European Changes Present Opportunities and Obstacles for United States Business: EU (Hungary) Infrastructure Development, WEEE and Competition Law Changes.(waste electrical and electronic equipment)
July 10, 2003... By Michael R. Geroe* There are a breathtaking number of fundamental changes occurring in Europe right now which can have immediate, long term and dramatic impacts on your business. These changes will present both opportunities and...

Mayer, Brown, Rowe & Maw LLP Act for Allied Irish Banks plc in [pounds sterling]30 Million London Property Financing.(Brief Article)
July 10, 2003... The Finance and Real Estate Groups at Mayer, Brown, Rowe & Maw LLP acted for Allied Irish Banks plc providing a [pounds sterling]30 million term loan to finance the acquisition by a Jersey Company of 38-48 Southwark Bridge Road and 62-64...

New OIG Pharmaceutical Compliance Guidance Raises Questions About Financial Relationships.(Office of the Inspector General of the United States Department of Health and Human Services)
July 10, 2003... On April 28, 2003, the Office of the Inspector General (OIG) of the U.S. Department of Health and Human Services released its Compliance Program Guidance for Pharmaceutical Manufacturers (the Guidance), the latest in a recent series of OIG...

IT and e commerce Briefing.(European briefs)
July 10, 2003... Article by Mark Turner and Dominic Callaghan Online reputation of UK businesses can be protected by UK Courts In February we discussed the decision of the Australian High Court in Dow Jones v Gutnick. Gutnick, a businessman from...

Can "Reach-through" Claims be Enforced? The US Federal Court Decision in University Of Rochester v G. D. Searle & Co., Inc <I>et al.</i>.
July 11, 2003... Non-steroidal aspirin-like drugs act by inhibiting prostaglandin synthesis, but suffer from side effects, in particular gastrointestinal bleeding which has been responsible for some 16,000 deaths annually in the US consequent on their long-term...

10 Things You Need To Know About The Enterprise Act.(Competition Act 1998 )
July 11, 2003... By Conan Chitham and Andrew Millett Mishcon's HOT 10 Came into force 20 June 2003 OFT investigatory powers strengthened Cartels criminalised Directors disqualification for up to 15 years for competition law breaches ...

The Perplexity and Perversity of the New Lawyer Conduct Rules[c][dagger].
July 11, 2003... Sarbanes-Oxley Act (SOx) s. 307 is a fact of life, as are at least the first round of the rules required by it-now codified at Part 205 of Title 17 of the CFR.1 Unfortunately, those rules are unnecessarily perplexing (given their relatively...

Internal Control Reports, Auditor Attestation and Officer Certification of Disclosure in Periodic Reports.
July 11, 2003... By Charles R. Manzoni, Jr. Background On June 5, 2003, the SEC adopted final rules implementing Section 404 of the Sarbanes-Oxley Act of 2002 (the "Act") relating to management reports on internal control over financial reporting...

Tax Treatment of Tribal Governmental Benefits Programs.
July 11, 2003... By Kathleen M. Nilles and Karen B. McAfee We are often asked how Indian Tribal Governments may provide governmental services or benefits on a tax-free basis to tribal members. This memorandum outlines the available options and provides a...

A Recap of the SEC Hedge Fund Roundtable.
July 11, 2003... By Jeffrey R. Blumberg, David M. Matteson and Joseph H. Nesler After spending two days sitting in on the SEC Hedge Fund Roundtable, all we can say for certain is that something is going to change - what exactly the change (or changes) will...

Federal Court Affirms Jurisdiction Over Roadside Ditches.
July 11, 2003... On June 13, 2003, the Fourth Circuit Court of Appeals issued a startling decision in United States v. Deaton, an enforcement case. The Court found that a roadside drainage ditch was subject to federal jurisdiction under the Clean Water Act. The...

All of a Sudden, a COBRA Deadline Looms.
July 11, 2003... By Lisa Collins and Timothy Stanton New DOL rules will likely prompt widespread revisions of notices, procedures - soon Thanks to the Department of Labor, benefit professionals now have a batch of COBRA-related items to add to their...

Flurry of New Developments for Plan Sponsors: What Are the Next Steps?
July 11, 2003... The last few weeks have witnessed several important developments for plan sponsors. We want to summarize each development and suggest some practical next steps to consider. 1. COBRA Notices - New Regulations. The Department of Labor...

Beyond Privacy: Don't Forget About The HIPAA Electronic Transaction Rules.
July 11, 2003... By Timothy Stanton, Sarah Millar and Kathleen Sheil Scheidt With the ink barely dry on the business associate agreements required by the HIPAA privacy rules, employers need to remember to act quickly on another component of HIPAA- the rules...

New California Statute Addresses.(Identity theft)
July 11, 2003... IDENTITY THEFT CONCERNS Sections 1798.29 and 1798.82 of the California Civil Code (the Act), which requires state agencies, businesses and individuals that collect and maintain certain personal information in computer databases to notify...

Labor & Employment Legal Alert June 2003.(Discrimination-related cases are discussed)
July 11, 2003... Supreme Court Lowers Plaintiffs' Standard of Proof in Title VII Cases Title VII of the Civil Rights Act of 1964 makes it unlawful for employers to discriminate against an employee on the basis of the employee's race, color, religion, sex,...

Sweden Product Liability.
July 11, 2003... 1 What systems of product liability are available (i.e. liability in respect of damage to persons or property resulting from the supply of products found to be defective or faulty)? Is liability fault based, or strict, or both? Does contractual...

HHS Publishes New Draft HHS Guidance for Human Subject Protection and Managing Conflicts of Interest.(Department of Health and Human Services)
July 11, 2003... By Bernadette M. Broccolo and Holley Thames Lutz On March 31, 2003, the Department of Health and Human Services ("HHS") published a document entitled, Draft "Financial Relationships and Interests in Research Involving Human Subjects:...

Enlargement of the European Union and the Community Trade Mark.
July 14, 2003... The European Union will expand from fifteen states to twenty five states on 1st May 2004. The expansion of the EU will have a considerable impact on the Community Trade Mark system. This update is an attempt to give you brief overview of the...

Tendering Procedures For Public/Private Partnerships In The Health Sector.(Portugal)
July 14, 2003... Summary The Portuguese Government has set out the legal framework in connection with the tendering procedures for public/private partnerships in the health sector. Decree-law 185/2002 of 20 August 2002 allowed private companies to...

Public/Private Partnerships.(Portugal)
July 14, 2003... Summary Decree-Law 86/2003 of 26 April 2003 sets out the main general rules and principles applicable to public and private partnerships. Portugal has since the early nineties been familiar with the concept of project financing under...

Final NYSE and Nasdaq Rules Impose Shareholder Approval Requirements.
July 14, 2003... Article by Susan P. Serota, Peter J. Hunt, Cindy V. Schlaefer and Henry Hernandez The Securities and Exchange Commission has approved changes to the NYSE and Nasdaq rules requiring shareholder approval of all stock option and other equity...

Patent-Holding Companies Hold Risks.
July 14, 2003... Reprinted with permission from The National Law Journal, June 16, 2003 Copyright [c] 2003 ALM Properties Inc. All rights reserved. Savvy manufacturers often consider transferring their patents to a patent-holding company. This...

Registering a Trade Mark through the Madrid Protocol.(Brief Article)
July 14, 2003... Scope of Right Applications must be based on a national application or registration in a member state of the Madrid Protocol*. Applications are filed at the national Trade Mark office of the 'home' application or registration who pass the...

Registering a Trade Mark in the United Kingdom.(Brief Article)
July 14, 2003... Scope of Right Applications are filed at the United Kingdom Trade Marks Registry which is a part of the Patent Office, an executive division of the Department of Trade and Industry. A UK Trade Mark Registration covers England, Scotland,...

Registering a Trade Mark in the European Union.
July 14, 2003... Scope of Right Applications are filed at the Community Trade Marks office (OHIM - Office of Harmonisation in the Internal Market). A Community Trade Mark (CTM) Registration covers all fifteen member states of the European Union*. A...

Dot Your I's And Cross Your T's, For Standing Defects Cannot Be Retroactively Cured.
July 14, 2003... Reprinted with permission from the IP Litigator, May/June 2003 Published by Aspen Law & Business To invoke the power of a federal district court to adjudicate a claim of patent infringement, a plaintiff must show that it has legal...

Thinking Small: The Patent Office Grapples With Nanotechnology.
July 14, 2003... By Timothy M. Hsieh, Jonathan A. Hack, and Lawrence F. Galvin Originally published in IP Law & Business, July 2003 Nanotechnology is the science of the small, but it's growing bigger every day. The National Science Foundation estimates...

Reorganisation Of The Energy Market.
July 14, 2003... Summary The Portuguese Government has approved Resolution 63/2003 setting out the goals and relevant measures for the reorganisation of the Portuguese energy sector. On 28 April 2003, the Portuguese Government adopted Resolution...

Reorganisation Of The Portuguese Energy Sector.
July 14, 2003... Summary Reorganisation of the Portuguese Energy Sector: On April 3rd, 2003 the Portuguese Government announced several recommendations on the restructuring of the Portuguese energy sector. On April 3rd, 2003 the Portuguese Government...

IRAQ - Trade Marks Update June 2003.
July 15, 2003... We are pleased to report that the IRAQ Trade Marks office resumed operations as from June 2003. The most important development is that the "BOYCOTT DECLARATION" is no longer required for filing the Trade Mark applications. We have...

Are you a lobbyist and don't know it?(Lobbying Transparency and Ethics Act is discussed)
July 15, 2003... You are a chartered accountant and one of your clients is a real estate developer who is thinking about building a shopping center in a residential sector of the municipality in which you practice your profession. But, to do this, the area must...

SEC Approves NYSE and Nasdaq Rule Changes Relating to Shareholder Approval of Equity Compensation Plans.
July 15, 2003... On June 30, 2003, the Securities and Exchange Commission approved changes to listing standards for companies selling stock on the New York Stock Exchange and the Nasdaq Stock Market. The NYSE's new listing standards and the Nasdaq's rule...

Are "Inferior" Passing Off Rights "Overridden" By Registered Marks?
July 15, 2003... Camelot (the UK National Lottery manager) has found that its registered trade mark for its HOTPICKS game will not shield it from its rival's passing off claim. Background Inter Lotto (UK) Ltd alleges that since August 2001 it has used...

General Electric Company v Ennercon GmbH And Others.(Patent infringement)
July 15, 2003... The UK court has once again refused a stay of patent infringement proceedings where there were simultaneous opposition proceedings being heard in the European Patent Office ("EPO") despite the Court of Appeal's indication that in such...

Words Of The Patentee's Own Choosing.
July 15, 2003... BASF AG v. SmithKline Beecham PLC Court of Appeal (Aldous & Sedley L.JJ, Lindsay J.) [2003] ECWA Civ 872 Summary SmithKline Beecham ("SB") have a patent for paroxetine hydrochloride anhydrate ("PHA") with low levels of bound...

The Expected Changes in the French Securitization Regulatory Framework.
July 15, 2003... On June 5, 2003, the French Senat adopted the proposed amendments to the French securitization law during the second reading of the bill on financial security (Loi de Securite Financiere) (the "Reform"). The amendments now provide more...