Life Sciences

European Commission’s fifth patent settlement monitoring report brings little comfort for pharmaceutical sector

The European Commission's fifth patent settlement monitoring report was published on 5 December 2014 (see here) receiving a seasonally frosty reception from the pharmaceutical sector. After five rounds of monitoring, a lengthy sector inquiry and several investigations, the position of patent settlements under EU competition law seems ever more opaque, leaving settling parties without the comfort of legal certainty.

From net neutrality to copyright: media law trends for 2015

2015 looks set to be another year of important developments in media law. This piece highlights some of the key areas for media professionals to monitor. One obvious subject that isn't included here is data protection. It's so vast and important that The Guardian is devoting an entire article to it later this month.

investment funds

FCA Obligations of Small Registered UK Property AIFMs

The obligations of Small Registered UK AIFMs to the Financial Conduct Authority are imposed primarily by the Alternative Investment Fund Managers Regulations 2013 and the FCA Handbook.  Registration as a Small Registered UK AIFM does not accord regulated firm status or grant exemption for other regulated activities under the Financial Services and Markets Act 2000.  Small Registered UK AIFMs must still ensure that they do not carry out regulated activities under FSMA and comply with other applicable FSMA obligations.

Litigation

Merits of the claim generally irrelevant to enforcement of the court’s case management powers

On 26 November 2014, the Supreme Court handed down a decision in which it stressed that the strength of a party's case should be "generally irrelevant" when it comes to the exercise of the courts' case management powers, aside from where the merits of a party's case were so strong that he would be entitled to summary judgment.  The court also stated that the senior courts would generally be "very diffident" about interfering with case management decisions made by the lower courts.