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The Russian courts have allowed a Russian company to terminate unilaterally an interest-rate swap and ‘walk away’ without paying any termination costs.
The Bratislava Regional Appeal Court has held that after the commencement of arbitral proceedings, general courts in Slovakia no longer have concurrent jurisdiction to order interim measures.
Over the last few months, the lawfulness of certain fees charged by Czech retail lenders to their borrowers has been challenged.
The debate on introducing a class action mechanism in France gained momentum with a new reform proposal.
Allen & Overy has advised Sberbank of Russia and VTB Capital as arrangers and lenders under a $1.7bn public-to-private acquisition financing facility.
Three Allen & Overy Greater China partners are set to present at the ICC in Paris.
German Federal Supreme Court rules on mis-selling claim against direct bank providing execution-only services
The German Federal Supreme Court has clarified the circumstances in which an investor may have a mis-selling claim against a ‘direct bank’.
A recent Dutch Supreme Court decision gave an important ruling about the interpretation of commercial contracts that potentially reduces commercial certainty.
A new law entitles the employee to have a meeting with the employer at the end of parental leave and an extension of the non-remunerated parental leave.
Mortgage enforcement proceedings in Spain in the aftermath of the European Court of Justice 9ECJ 'judgment of the evicted'
The ECJ judgment of 14 March 2013 ruled that certain provisions of Spanish law do not comply with the Unfair Terms in Consumer Contracts Directive 93/13/EC.
The CJEU has rendered a judgment in the case C-259/12 on the appropriateness of the collection of a VAT fine.
A federal jury in New York has found Hebei Welcome Pharmaceutical Co and its parent liable for agreeing with other Chinese manufacturers to fix prices in the vitamin-C market.
The US Supreme Court ruled in Federal Trade Commission v Actavis that antitrust challenges to pay-for-delay agreements between drug makers should be analysed under the ‘rule of reason’.
Antitrust Division ends year with highest level of criminal fines ever in 122-year history of Sherman Antitrust Act
The Antitrust Division obtained more than $1.13bn in criminal fines in fiscal year 2012, the highest in the 122-year history of the Sherman Antitrust Act.
Department of Justice's first ever criminal antitrust charge of a corporation for trader-based market manipulation
The Antitrust Division and the Criminal Division of the Department of Justice have announced a deferred prosecution agreement with RBS for its role in the worldwide conspiracy to manipulate LIBOR.
The Supreme Court has held that the burden of proving withdrawal from a criminal conspiracy rests with the defendant, even when the defendant’s withdrawal occurs outside of the statute of limitations period.
How much is too much? A call for global principles to guide to the punishment of international cartels download
Few issues engender as much debate in antitrust circles as the concern of overlapping punishment of cartel offenders in international cartel cases.
The notion of the state sharing production of oil and gas with companies as part of a commercial enterprise was first developed in Bolivia in the 1950s.
Allen & Overy has advised Oswestry, a bid company established by Malcolm Walker, on its acquisition of Iceland Foods Group for £1.45bn.
The Constitutional Council has rendered its decision concerning the new law on the protection of employment in France.