Austria: Constitutional Court confirms constitutionality of non-deductibility of manager remuneration above €500,000

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Squeeze-outs of minority shareholders in Romania: Methods and pitfalls

The squeeze-out of minority shareholders in closely held companies is one of the most controversial issues in Romania, having led to many debates both in and out of court. This issue is made more complex by the large number of Romanian companies with minority shareholders…

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The legality of a 2003 dawn raid carried out by the Czech Competition Authority (“CCA”) on Delta Pekárny’s business premises was the subject of a long-running dispute. The CCA has the power to inspect business premises without any prior judicial warrant (a court order is only needed to inspect private premises). Czech procedural law afforded […]

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Does the right to privacy play any role in merger control proceedings?

One might be surprised to read that data protection rules might also impact the competitive assessment of a concentration within merger control proceedings. Nonetheless, the clash of these two universes can be increasingly seen with respect to mergers pertaining to the digital sector. The most recent example is the EC’s probe of the VERIZON/YAHOO deal. Both […]

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Following an examination by the Competition Protection Agency regarding unfair trading practices in the food supply chain (for further information please see “Unfair trading practices in food supply chain examined”), the government drafted a proposal to amend and supplement the Agriculture Act. The proposal contained some major changes to the food supply sector. Parliament accepted […]

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My home is my castle. Unfortunately, the Austrian Supreme Court (“OGH”) doesn’t think so. The Austrian Civil Code (ABGB) entitles property owners to prohibit all emissions that exceed the local norm and have a substantial effect on the customary use of their property. Here are some rulings that the OGH has made since 2011…

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Luxembourg: Effect of the insurance distribution directive on the life insurance industry

Directive (EU) 2016/97 on Insurance Distribution of 20 January 2016 (“IDD” or “the Directive”) harmonises national provisions concerning the distribution of insurance and reinsurance products and insurance-based investment products (“IBIPs”) by insurance intermediaries, insurance companies, their employees, and ancillary insurance intermediaries in the European Union. The objective of the present article is not to summarize […]

Bulgaria to introduce derogations from the EU General Data Protection Regulation

The Bulgarian government has announced a set of specific requirements relating to the processing of personal data that it plans to introduce to national legislation in addition to the requirements under the EU General Data Protection Regulation (the “GDPR”). Such specific requirements (commonly known as “derogations”) are allowed by the GDPR in certain areas, such […]

Glencore awarded anti-suit injunction in DRC

In Kamoto Copper Company SA v Africa Horizons Investments Ltd and Ventora Development SASU [2018] EWHC 1086 (Comm) , Mr Justice Males ordered an anti-suit injunction against the defendant companies on the claimant’s application after the second defendant commenced proceedings in the DRC claiming US$2.857bn in relation to the alleged assignment of a royalties agreement…

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Silk appointment numbers drop but female applicants at all-time high

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Cooley’s London launch dominated the top 10 stories of last week, but silk announcements and the unveiling of Stonewall’s top 100 gay-friendly employers also featured. Last Friday (9 January) we exclusively broke the news that US tech giant Cooley was finally launching its London office with the hire of partners from Edwards Wildman and Morrison […]

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