We are pleased to announce that the ILN, along with numerous member firms, has been featured in a February 2008 supplement of Corporate UK Magazine. Corporate UK is a leading European corporate finance magazine with worldwide distribution. The supplement contains an extensive and positive article about the ILN, followed by the individual profiles of 26 participating ILN member firms. The publication's large distribution in paper, newsletter, and e-magazine, exposes our firms to a targeted audience of leading private equity houses, venture capitalists and banks throughout the world. They also distribute to thousands of financial institutions and advisors involved in mid-market M&A activity on a national and global level.

This supplement provides an excellent marketing opportunity for all participating firms, as well as the ILN as a whole. We are confident that many of our firms will benefit from this exposure to national and international readership. We recommend you consider having article reprints included in your marketing materials, as well as distributing them to clients. Please contact the ILN Administration for additional details on how to receive hard copies of the supplement.

We sincerely thank those member firms who participated in this endeavor. We are certain that this supplement will be of great benefit to all the members of the International Lawyers Network.

Over the last few years, numerous companies offering a dizzying array of options for individuals to fly privately have been established. The spectrum of options include: on demand charters, which entail contacting a broker or other charter source to bid out the details of each particular trip; card and membership programs, which entail pre-purchasing from a specific operator a set amount of time on a type of aircraft which can be used over a set period of time; fractional ownership programs, which entail buying from a specific operator a fraction of a plane and being guaranteed a proportionate number of hours annually on the type of plane purchased; and the outright purchase of a private aircraft.

The Russian legislation doesn’t provide for a special regulation of such a marketing technique as comparison of goods of different manufacturers. General regulation of civil and antitrust law is applicable in relation to these comparisons. If the distributed information contains characteristic features of an advertisement, the Federal Law on Advertising of March 13, 2006 № 38-FZ is also applicable (hereinafter – the Law on Advertising).

Ongoing cases, still to be pleaded in front of Belgian Courts, as well as rather recent French (Thalès) and Swiss judgments (ATF) have shown that the relationship between competition law and arbitration is somewhat troublesome.

It looks very much as if arbitrators too often forget (or are not called upon) to verify, in the course of their analysis of the cases they are handling, if the principles of competition law have been respected by the parties (particularly in matters of distribution, licensing…) or even bring about solutions that are, in fact, contrary to those same principles, thereby opening the door to judiciary reviews of their awards

The Supreme Court of Canada has recently held that, in proper circumstances, a foreign non-money judgment will be enforced in Canada. This decision marks a departure from the centuries old common law rule that prohibited the recognition and enforcement of foreign non-money judgments.