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…and will substantially change the economic environment in the country.
Whenever a Romanian company changes its corporate seat, shareholders or administrators it risks losing its VAT registration number.
In a recent judgment the CJEU reminded us of the wide reach of EU state aid rules on aid granted in states from Central and Eastern Europe prior to their accession to the EU.
Turkey’s prime minister has announced an 11-step incentive package to secure investment financing for the country.
Romania: Cross-border conversions – a realistic way to expand companies' restructuring possibilities?
In recent years, companies have consistently attempted to extend the scope of their structuring possibilities by trying to cross the borders into other member states.
Information on changes in the labour law, planned amendments to the labour law and the most important case law.
At the beginning of February 2015, the Parliament of the Republic of Serbia adopted a set of banking-related laws.
Retailer unilaterally imposed a fee on its non-food suppliers without a service in return.
The real reason for one employee’s sacking, he said, lay in criticisms of his employer that he had previously voiced.
Non-banks have provided a relatively simple entre´e into the Slovak lending market. This is about to change.
An updated regulation on the licensing regime in Romania’s power sector was recently adopted by ANRE, the national regulatory authority.
Negative market value reloaded: German Supreme Court clarifies its (in)famous Spread Ladder Swap judgment
For the first time since its 2011 Spread Ladder Swap judgment the German Supreme Court has been dealing with the disclosure duties of banks in connection with derivatives.
Austria: Responsibility of managing directors to ensure an effective and adequate compliance organisation
Schoenherr provides additional detail on the measures that – according to the Court – the directors should have taken to ensure an effective and adequate compliance system.
Czech Republic: Payment of profit sharing in the light of the recodification of the country’s civil law
The Czech Republic’s new Civil Code and its Business Corporation Act are effective since 1 January 2014.
The fight against corruption has intensified over the past few years, causing the issue of corporate compliance to become ever more important.
Poland recently adopted a new act on renewable energy sources that significantly changes the support scheme in the country.
A long time in the making, the new Civil Code replaced the old civil code from 1964 along with the commercial code from 1991 and a large amount of other legislation.
On 18 January 2015, amendments to the Polish competition law entered into force...
Poland: Will EAA and Swiss investors be able to freely acquire agricultural and forest real properties as of May 2016?
On 2 May 2016, restrictions on acquiring agricultural and forest real properties located in Poland by foreigners from the European Economic Area (EEA) and Switzerland will cease to be binding.
Poland: Will EAA and Swiss investors be able to freely acquire agricultural and forest properties as of May 2016?
Restrictions on acquiring agricultural and forest properties in Poland by foreigners from the European Economic Area and Switzerland will cease to be binding in May 2016. Does this mean trade in agricultural real properties will be entirely free?