State Regulator Imposes Stiff $340M Penalty Against Bank To Settle Allegations of Illegal Dealings with Iran
August 21, 2012
On August 14, 2012, the New York Department of Financial Services ("DFS") announced that Standard Chartered Bank (the "Bank"), a wholly owned...
The OECD Publishes Paper on Competition in Hospital Services
August 16, 2012
The Organization for Economic Cooperation and Development ("OECD") recently published a paper detailing a policy roundtable discussion, conducted in February...
European Commission Sends Statement of Objections to Servier Over Patent Settlements
August 10, 2012
On July 30, 2012, the European Commission (the "Commission") announced that it has sent a statement of objections (the "statement") to French...
European Commission Sends Statement of Objections to Lundbeck Over Patent Settlements
August 3, 2012
On July 25, 2012, the European Commission (the "Commission") announced that it has sent a statement of objections (the "statement") to Danish...
Extension of the EU Penalties Regulation
July 27, 2012
Amendments to the EU Penalties Regulation (Regulation 658/2007) as enacted by Regulation 488/2012 have now entered into force, extending the scope of the EU Penalties...
First English National Health Service Hospital Trust Put into Administration
July 26, 2012
The government announced recently that South London Healthcare, an English National Health Service Hospital Trust (the "Trust"), has been put into...
English Court Rejects City Inn Apportionment Approach to Extension of Time
July 18, 2012
As previously reported in our Construction Briefing of April 2011 Extension of Time under English Law: Prevention Principle Confirmed in DeBeers v. Atos Origins ,...
The United States Eases Economic Sanctions on Burma
On July 11, 2012, the U.S. Department of Treasury , Office of Foreign Assets Control issued General License Nos. 16 and 17 permitting, subject to certain limitations and...
The Bribery Act: One year on
June 29, 2012
The Bribery Act 2010 (the Act) came into force on July 1, 2011 and sought to replace an outdated anti-corruption regime which had attracted strong criticism from...
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The UK Office of Fair Trading Approves the Acquisition by Ambu of Unomedical’s Cardiology Electrodes and Diathermy Business
June 1, 2012
The UK Office of Fair Trading (the "OFT") recently approved the acquisition by Ambu A/S ("Ambu") of the UK cardiology electrodes and diathermy...
The UK Office of Fair Trading publishes its Market Study into the Dentistry Market
June 1, 2012
On May 29, 2012, the UK Office of Fair Trading (the "OFT") published a report following its market study into the UK dentistry market. The market study...
America's Best Corporate Law Firms
May 24, 2012
For the 11 th consecutive year, Corporate Board Member magazine and global business advisory firm FTI Consulting, Inc. have recognized Fulbright as one of the...
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Airline “Estopped” from Claiming Breach for Delivery of an Unairworthy Aircraft
May 1, 2012
In a decision handed down yesterday, the Commercial Court of England & Wales held that Olympic Airlines S.A. ("Olympic") was prevented from claiming damages...
Two Milestones in China-Related Arbitration
April 20, 2012
In two recent significant developments, the Indian government has paved the way for the recognition and enforcement in India of Hong Kong and Mainland China arbitral...
Hong Kong Courts Contemplate Anti-Arbitration Injunctions
March 29, 2012
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In a decision issued on 8 March 2012, the Hong Kong Court of First Instance addressed a legislative grey area surrounding the power of the Hong Kong courts to stay...