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Turkey’s Social Security Institute to Take Over Named Patient Pharmaceutical Imports from Pharmacists Association in May 2017

The Turkish Ministry of Health (“Ministry”) and Social Security Institute (“Institute”) announced that according to a new cost savings action plan, pharmaceuticals imported under named-patient sales will occur through the Institute, rather that the Turkish Pharmacists Association (“Association”)...

The fallout from Res Cogitans and expected changes to bunker supply contracts

The recent English Supreme Court judgment in the Res Cogitans case, in effect a test case arising from the financial collapse and insolvency of OW Bunker & Trading A/S and its associated companies (OWB), has set the tone for dozens of pending claims on the international scene, with decisions largely...

OECD BEPS project and trade: new perspectives

From 2013 to 2015, the Organisation for Economic Co-operative Development (“OECD”) worked on the Action Plan on Base Erosion and Profit Shifting (“BEPS”). Final recommendations for the BEPS Action Plan were issued in 2015