DAC Beachcroft | United Kingdom | 22 Nov 2018
Where claims commence within the Pre-Action Protocol for Low Value Personal Injury (Employers' Liability and Public Liability) Claims and then exit…
Linklaters LLP | Belgium | 20 Nov 2018
On 1 January 2018, the profit premium, a simplified and attractive bonus scheme, entered into force (see our newsletter of 9 February 2018). The…
Studio Legale e Tributario Biscozzi Nobili Piazza | Italy, OECD | 20 Jul 2018
The new principles introduced by Actions 8 to 10 of the Base Erosion and Profit Shifting project have been reflected in Italy through Decree-Law 50/2017's amendments to Article 110(7) of the Income Tax Code. The new article includes a specific reference to the arm's-length principle and provides for implementing provisions to be issued by the Ministry of Finance to align with international......
Finnegan, Henderson, Farabow, Garrett & Dunner, LLP | USA | 25 Jun 2018
On June 22, 2018, the U.S. Supreme Court issued a significant decision regarding the recovery of lost profits for foreign uses of a U.S. patented…
Taft Stettinius & Hollister LLP | USA | 25 Jun 2018
The United States Supreme Court on June 22, held that patent owners can recover certain profits lost outside the U.S. If an infringing product or a…
Porzio Ríos García | Chile | 20 Jun 2018
When structuring their businesses, companies must keep in mind that employment liability cannot be avoided by hiring personnel through their company affiliates or related entities. Fines may apply if the existence of multiple companies under a common employment management is found to be a scheme to avoid compliance with employment rights (eg, allocating profits in one company but hiring......
REBECA HERRERA ABOGADOS | Colombia | 19 Jun 2018
The Colombian Tax Authority, DIAN, through Concept 3209 of February 9, 2018, specified that the sum paid for indemnities derived from loss of profits…
Smart & Biggar | Canada | 18 Jun 2018
The validity of AstraZeneca's NEXIUM patent has finally been decided by the Supreme Court of Canada, with any doubt about the court's intent resolved by its dismissal of Apotex's motion to raise new grounds of patent invalidity. The court also held that AstraZeneca was entitled to a declaration of infringement and ordered the quantification of AstraZeneca's damages or Apotex's profits.
Smart & Biggar | Canada | 16 Apr 2018
The availability of an accounting of profits in Canada as a remedy for patent infringement can offer significant benefits to patentees, including in cases involving infringing goods sourced from Canada that are being sold elsewhere. The availability of such a remedy and a number of other factors, including the ability to expedite proceedings and the lower cost of litigation, make Canada an......
Baker McKenzie | Australia, United Kingdom | 13 Apr 2018
On 6 November 2017, a number of significant changes to Australia’s competition law came into effect. The changes are the result of a series of…