Recent Articles

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  06.02.2023

  United Kingdom

  Cli­mate-re­lated dis­clos­ures – is your busi­ness aligned with the TCFD re­com­mend­a­tions?

  The Task Force on Climate-related Financial Disclosures recommendations aim to help organisations disclose clear, comparable, and consistent climate-related financial information. They are supported by organisations worldwide and have been implemented in the UK. The recommendations derive from the growing need for comparable climate-related disclosures and increasing regulation in this area. This article, part of our Healthy Horizons guide to doing business responsibly in Life Sciences & Healthcare, outlines how the recommendations are particularly important to Life Sciences & Healthcare...

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  06.02.2023

  United Kingdom

  Nova­tion agree­ments and no loss ar­gu­ments

  A recent decision of the Scottish Court of Session has considered “no loss” arguments made by a consultant arising from the novation of an upstream construction contract. In rejecting the consultant’s arguments, the Court appears to have extended principles developed in cases dealing with assignments in connection with the sale of defective buildings. The Court’s decision highlights the complex issues which can arise in relation to novation agreements and should encourage parties to address these issues directly through careful drafting and well structured transactions....

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  06.02.2023

  UAE

  Bal­an­cing the books – new dawn for com­mer­cial agen­cies in the UAE

  The most significant update to the UAE commercial agencies regulatory regime in over 40 years has been enacted under Federal Law No. (3) of 2022 on the Regulation of Commercial Agencies (the “New Agency Law”) which comes into force on 15 June 2023. The New Agency Law entirely replaces Federal Law No. (18) of 1981 on the Regulation of Commercial Agencies (the “Old Agency Law”). The New Agency Law still retains a presumption of exclusivity in favour of a registered agent, however it reforms many of the main risks that have troubled foreign principals for many years, enabling...

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  06.02.2023

  United Kingdom

  Pre­view of UK Su­preme Court ap­peal: in­vent­or­ship and en­ti­tle­ment to AI in­ven­tions - DABUS

  A judgement by the UK Court of Appeal finding that inventions created by an AI machine are not patentable has been appealed to the UK Supreme Court and is due to be heard on 02 March 2023.Summary of the AppealThe applicant previously appealed a decision of the UK Intellectual Property Office (the ‘UK IPO’) that deemed two UK patent applications should be withdrawn as they named an AI machine, DABUS, as the inventor, a decision which was upheld by the High Court.The High Court decision was subsequently appealed to the Court of Appeal, with the central argument being that DABUS should...

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  06.02.2023

  Ukraine

  Ukraine in­tro­duces new rules for re­ser­va­tion (ex­empt­ing) of em­ploy­ees from mo­bil­isa­tion

  On 27 January 2023, the Cabinet of Ministers of Ukraine introduced new rules regarding reservation (temporary exemption) of employees from military mobilisation through the adoption of Resolution No. 76 “On Certain Issues of Implementing the Provisions of the Law of Ukraine 'On Mobilisation Preparation and Mobilisation regarding the Reservation of Persons Liable for Military Service for the Period of Mobilisation and Martial Law”.The new procedure, which went into effect on 31 January 2023, applies to the employees of state bodies and institutions as well as private companies. In the...

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  06.02.2023

  Poland

  Nad­chodzą ważne zmi­any do ustawy o ochronie konkur­encji i kon­sumentów

  Nadchodzą ważne zmiany do ustawy o ochronie konkurencji i konsumentów31 stycznia 2023 r. do Sejmu trafił rządowy projekt zmiany ustawy o ochronie konkurencji i konsumentów. Rozwiązania zawarte w projekcie poszerzają uprawnienia Prezesa Urzędu Ochrony Konkurencji i Konsumentów („Prezes UOKiK”). Ustawa stanowi implementację do polskiego prawa unijnej dyrektywy mającej na celu nadanie organom ochrony konkurencji państw członkowskich dodatkowych uprawnień w celu skuteczniejszego egzekwowania prawa konkurencji...

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