ABA woos foreign law firms

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Latest Briefings

Austria – Has due diligence obligations for shareholder creditors increased?

The Austrian Insolvency Code provides for the possibility to challenge certain disadvantageous transactions carried out by the debtor after material insolvency has occurred, especially if the creditor knew or should have known of its debtor’s material insolvency. This risk of legal actions being contested is of particularly high relevance for shareholders who are also creditors […]

Board decisions made by delegation of powers can be challenged in court in Romania

By Mădălina Neagu, Andra Jegan To enable decisions to be passed efficiently, the Companies Law (31/1990) created flexible mechanisms and procedures allowing specific shareholder powers to be delegated to a company’s management. Such mechanisms have been successfully implemented by a vast number of companies and have enabled them to expedite corporate changes concerning their main […]

Canada: New checks under Police Record Checks Reform Act

By Amy Derickx On Nov. 1, 2018, new “checks” on the police record check system will be in force under Ontario’s Police Record Checks Reform Act. Organizations who rely upon police record checks as a method of determining suitability for employment or volunteer work will want to review related policies and procedures for the purposes of […]

Blockchain and Cryptocurrency Regulation 2019

Understanding the blockchain, cryptocurrency and electronic token space is becoming more important than ever for financial institutions, business, investors and start-ups. This is particularly the case in relation to government attitudes and definitions, cryptocurrency and sales regulation, money transmission laws and anti-money laundering requirements, promotion and testing, ownership and licensing requirements, taxation and border restrictions. […]

Mongolia – Trademark Protection

By Bolormaa Volodya The exclusive rights of the trademark holder will be granted or entitled when the trademark is officially registered with the General authority of Intellectual property and trademark certificate is issued. “Trademark” means distinctive expression used by an individual or a legal entity, engaged in manufacturing of goods or the provision of services, in […]

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Law Society goes on-line

The Law Society’s Policy Committee has given the green light to a computer system that will allow council members to go on-line and communicate with each other over the information superhighway. A central bulletin board will only be accessible to staff and council members, and will allow them to receive information and input ideas. Treasurer […]

Law Soc to put £80,000 toward property centres

The Law Society has agreed to contribute £80,000 towards the establishment of a chain of solicitors’ property centres. The news was greeted with delight by Solicitors Property Group general secretary Leslie Dubow. “We think it’s not before time, and we are looking forward to seeing some progress now,” he said. The Law Society Policy Committee […]

Condoms and cockroaches at Cortijo Blanco

An action that could embarrass three of the country’s major package holiday companies is now on its way to the High Court. Sunworld, First Choice Holidays and Flights, and Cosmosair, are being sued by more than 20 holiday makers from all over the UK as a result of dissatisfaction with a three-star Spanish Hotel. The […]

Academic researches stresses of local government solicitors

Around 350 local government lawyers are taking part in a two-year study examining their ability to cope with the stress of the reorganisations of their councils. Jill Armfield, a University of Westminster lecturer in organisational behaviour, is carrying out the survey and planning in-depth interviews with between 40 and 50 solicitors. Armfield, who is conducting […]

Travers Smith still faces probe after out-of-court Co-op deal

The Law Society is expected to investigate Travers Smith Braithwaite’s involvement in Andrew Regan’s failed hostile bid for the Cooperative Wholesale Society (CWS) as it has emerged that the firm received stolen confidential CWS documents passed to it by Regan. CWS announced that it had dropped civil actions against both Travers Smith and Regan’s financial […]

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