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On 8 November 2011, the Indian government amended its foreign investment rules imposing a requirement to seek its approval for foreign direct investment ("FDI") in existing Indian pharmaceutical companies. FDI in greenfield pharmaceutical ventures can...

Supplies to Russia do not normally require any more preparation and legal review than supplies to any other country, which is generally good news. The legal basics that should be observed in relation to Russian customers are largely the same as those that apply...

Italy has recently approved, with Ministerial Decree 5 May 2011, the new incentives that will be applicable to photovoltaic plants entering into operations after 1 June 2011. The DM was published in the Italian Official Gazette No. 109 of 12 May 2011, and sets...

Newsletter mensuelle du groupe Contrats Commerciaux relative au droit de la distribution, de la consommation et de la concurrence.

Joint ventures are an increasingly common feature of the European real estate landscape. Investors are seeking to share the risks and rewards of investment, developers are being incentivised with equity-based "promotes" and lenders are swapping distressed...

"Foreign investors considering M&A activities in China may soon be subject to a security review system in addition to the existing antitrust review mechanism. With a view to protecting national security and preserving social and economic stability,...

China's Ministry of Commerce has released further details of the application and review procedures for the country's new national security review system for foreign M&A involving Chinese enterprises. In this briefing, our lawyers summarise the interim provisions...

The Indian government has now permitted foreign direct investment in Indian limited liability partnerships involved in certain kinds of business activities and subject to strict guidelines. These guidelines do not clarify whether there are any restrictions on the...

The attached memorandum sets out a summary of certain legal aspects which should be taken into account when doing business in Angola. It is not intended to be exhaustive and is provided for information purposes only. The memorandum addresses the following: general...

Clifford Chance, en colaboración con el semanal "The Economist", publica un nuevo estudio sobre fusiones y adquisiciones internacionales