The Court of Justice of the European Union (the "CJEU") has issued a judgment clarifying the rights of parallel import licence holders. It ruled that the mere expiration of a marketing authorisation of reference does not affect the associated parallel import licence. The parallel importers rights may only be restricted if justified by specific circumstances relating to protecting public health. Authorities refuse to adjust dosage instructions Kohlpharma, a German pharmaceutical company, obtained a parallel import licence to import a medicinal product in tablet...

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Below four AXA IM ESG experts assess whether the crisis will help accelerate the energy transition, and outline what they think the investment implications could be. Access the full publication: AXA Investment Managers - Accelerating the energy transition - Oct 2020. | The decade of transition got off to a start nobody could have predicted – or wanted. Less than year into the 2020s, the world is reeling from the shock of COVID-19, a pandemic which has taken both lives and...

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The already increasing number of E-commerce economic activities skyrocketed in the wake of the recent pandemic. More than ever, a savvy entrepreneur should be aware of the legal implications and issues of an e-commerce venture. Legal Entity When the e-commerce business is started as secondary or simply subsequent to one operated from physical premises, it might be time and cost-effective to operate the e-commerce with the existing legal entity; however, in order to ensure more legal protection and accurate bookkeeping, it...

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Summary The U.S. Department of Homeland Security (DHS) has released an interim final rule (IFR) titled “Strengthening the H-1B Nonimmigrant Visa Classification Program.” The IFR is intended to further the goals of the Trump administration’s Buy American, Hire American campaign by narrowing the regulations that govern the H-1B visa program. The rule is expected to be published in the Federal Register on October 8, 2020 and the changes will go into effect 60 days later. The IFR revises and clarifies  the...

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As election day approaches, voters are paying more attention to each candidate’s positions on a host of issues. In the area of tax policy, both major-party presidential candidates have offered sharply different views on how the tax laws should be changed, preserved or expanded in order to help alleviate the economic consequences resulting from COVID-19, promote policy objectives and turn around a struggling US economy. It is important to note that while the candidates’ current proposals contain very little...

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