Reed Smith LLP
Global Perspectives
Trump Administration International Pricing Index Plan for Medicare Part B Drugs Poses Huge Implications for Industry and Raises Numerous Questions
The Trump Administration seeks comments on its latest plan to reduce prices for prescription drugs. The plan would tie payment rates for drugs covered under Medicare Part B to amounts paid for such drugs in other developed countries, and would replace the current “buy and bill” system with a new drug distribution and billing model.
Excessive pricing: the French side of the story
In a decision of 20 September 2018, the French Competition Authority fined a waste treatment company for increasing abruptly, significantly and in an unjustified manner the waste disposal prices it charged hospitals and clinics in Corsica.
One country, three systems: A primer on arbitration in the United Arab Emirates
The United Arab Emirates (UAE) is an extremely interesting jurisdiction from a legal perspective. Those contemplating entering into contracts that have a connection to the UAE, or indeed to the wider Gulf and Middle East region, may be interested to learn that there are three separate legal systems that operate within the UAE, which find their basis in both civil law and common law. When it comes to the resolution of disputes, this offers parties with a choice in how they would like their disputes resolved but also raises certain intricacies of which they should be aware in exercising that choice. This update deals with five such aspects.
FAQ guide on Singapore's Cybersecurity Act
Singapore’s first ever standalone Cybersecurity Act 2018 (Act) commenced on August 31, 2018, except for the provisions on cybersecurity service providers.
The Cybersecurity (Critical Information Infrastructure) Regulations 2018 and the Cybersecurity (Confidential Treatment of Information) Regulations 2018 also came into effect on the same day.
10,000 Foot View
Tech control: How fintech M&A is shaping the financial future
The financial services sector is undergoing a technology-driven metamorphosis. Highly-publicised security breaches, heightened regulatory oversight and obligations and more stringent capital requirements are forcing the industry to radically rethink its entire structure.
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Around The Corner
Notable News
- Reed Smith Assists EnerSys in $750 Million Alpha Technologies Acquisition
- Reed Smith honored as 'Law Firm of the Year' in Insurance Law by 2019 U.S. News – Best Lawyers
- Reed Smith matter wins GIR’s ‘Most Important Court Case of the Year 2018’ award
- Reed Smith Advises Textainer in Expanding Revolving Credit Facility to $1.5 Billion