Banking & Finance, Capital Markets Interest-free state loans and guarantees Following the first three credit and guarantee initiatives COVID I, II and COVID Prague designed for the small and medium sized enterprises, the Ministry of Industry and Trade (“MoIT”) and the Czech-Moravian Guarantee and Development Bank (“CMGDB”) are now planning a COVID III guarantee. COVID […]
Banking & Finance, Capital Markets Article 23 to 27 of the Capital Markets Law (governing material transactions and minority shareholders, including the right to exit, the offer to buy shares, the obligation to buy shares, the right to sell) will not apply to the transactions of the Turkey Wealth Fund, sub-funds and companies that will […]
Real estate measures in combatting the consequences of COVID-19 in CEE – status as of 29 April 2020…
As the world grapples with COVID-19, we are seeing some of the most unprecedented State measures of our time. Measures causing severe financial damage to many businesses and industries. Where does that leave foreign investors? Will they be able to claim compensation?
With the fourth law on COVID-19, the Austrian legislator has suspended the obligation of an overindebted debtor to file for insolvency until 30 June 2020, irrespective of the cause of the over-indebtedness. Some other countries in the CEE region have also adopted measures to combat the consequences of COVID-19 as detailed in the following overview…
Tatyana Popovkina and Mirzaaziz Ruziev Limitations set in order to prevent spread of coronavirus infection affect all business processes, including employer-employees labour relations. In accordance with the Decree of the President of the Republic of Uzbekistan ‘On priority measures to mitigate the negative impact on sectors of the economy by the coronavirus pandemic and global […]
As the COVID-19 situation continues to evolve, courts across Canada are drastically reducing their operations. This article provides ongoing updates on the operations of key Canadian courts, as well as links to the latest press releases published by each court.
By Assel Ilyasova On 31 March 2020, the Eurasian Economic College adopted an additional decision aimed at establishing a temporary export ban of food products from the countries of the Eurasian Economic Union: Until 30 June 2020, the ban was established on the export of onions, garlic, turnips, rye, rice, buckwheat, millet, cereals, wholemeal flour […]
1. WHAT IS THE COPYRIGHT? According to the definition made by the General Directorate of Copyright, copyright is the legal rights provided on the products that the person creates with all kinds of intellectual labour. Copyright is not a right subject to the registration. Rights on intellectual and artistic works are originated with the production […]
As a direct consequence of the COVID-19 outbreak and the consequent measures implemented by the Romanian State, the economic growth process has experienced a short to medium term slowdown, impacting the labor market and subsequently household income.
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Listed law firm Gateley is anticipating a boost in revenue for the current financial year, forecasting that turnover will be no less than £108m for 2020; an increase of £4.5m. This is despite a series of recent measures put in place by the firm, including an expansion of its working capital facilities of up to […]
As of this morning, one Conservative lawyer Member of Parliament – Carlisle MP and former Bendles partner John Stevenson – has called on Dominic Cummings to resign. The rest are either sticking by him or have made no comment. Among those to Tweet their support for the embattled special adviser are ex-Slaughter and May trainee […]
Stewarts has successfully won a fraud case against airline operator Farad Azima, after he was ordered to pay over $4m by a UK judge. Instructed by the investment authority of Middle Eastern emirate Ras Al Khaimah (RAKIA), Stewarts had brought a series of fraud and conspiracy claims against Azima. The case, which featured in The […]
Morgan Lewis & Bockius has ramped up its funds offering in London, with two new partners from Morrison & Foerster. The two partners – Oliver Rochman and Rob Mailer – are bringing two associates with them to Morgan Lewis; Eliska van Wickern and Xun Choong. The four advise sponsors and investors of private investment funds, […]
DLA Piper has re-imagined a new crisis simulation training service that cost over £100,000 to deliver, after its launch was put in doubt due to the outbreak of coronavirus. The training service, called “DLA Piper Project Simulator”, was inspired by Carillion’s liquidation in 2017 and was one of the first products stemming out of the […]
As law firm leaders debate a return to the office, others are still preoccupied with questions of pay and – in some cases – mere survival. Here are the key takeaways. Where Slaughters leads, others will follow Slaughter and May has cut salaries for newly qualified solicitors to a measly £87,000. What can you say […]