Austria: Network reserve to become part of congestion management system

With an amendment to the Electricity Industry and Organisation Act 2010 passed by Parliament, the network reserve will become part of Austria’s congestion management system.

Related briefings

New investment screening mechanism in Slovakia

On 1 February 2021, the Slovak Ministry of Economy submitted an investment screening proposal to the government. This proposal was approved by the National Council (with amendments) on 5 February 2021 and is scheduled to enter in force on 1 March 2021.

Czech Republic: Competition authority battles non-cooperative competitors

The Office for the Protection of Competition recently issued two press releases in which it confirmed one fine and imposed another on non-cooperative competitors, the first for an obstruction during a dawn raid and the second for not replying to a request for information.

New FDI rules come into force in the Czech Republic on 1 May 2021

Since the adoption of the EU foreign direct investment (“FDI”) regulation, the necessity of introducing a screening mechanism at the national level has been gaining momentum amongst Member States. This is particularly true for the CEE region, as most CEE jurisdictions did not have such mechanisms in place.

The Complex Commercial Litigation Law Review – Edition 3: Chapter Austria

Austria has a civil law system; the codification of the main civil law provisions, the Austrian Civil Code (ABGB), includes core concepts of contract law and dates back more than 200 years. The ABGB governs legal relationships between consumers as well as consumers and companies. Similarly, the Austrian Commercial Code (UGB), which regulates business relationships […]

Latest Briefings

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Ocado Retail appoints inaugural GC after M&S tie-up

Ocado’s deputy general counsel has been appointed as the inaugural GC of Ocado Retail, after overseeing the grocer’s partnership with Marks & Spencer last year. Jonathan Wiseman takes on the newly-created GC and chief people officer position at Ocado Retail – the tie-up between Ocado and M&S – which launched in September 2020 to become […]

Tender for nine onshore petroleum concessions in Angola

The National Agency for Petroleum Gas and Biofuel (ANPG) announced on 31 December 2020 the tender for the concession of 9 onshore blocks in Angola. The tender comprises Blocks CON1, CON5 and CON6, of the Lower Congo Basin and Blocks KON5, KON6, KON8, KON9, KON17 and KON20, of the Kwanza Basin. https://www.plmj.com/en/knowledge/informative-notes/Tender-for-nine-onshore-petroleum-concessions-in-Angola/31187/

parliament government

Over 20 firms land roles on UK Government’s post-Brexit trade panel

The UK Government has finalised its post-Brexit trade law panel (TLP), with magic circle and US firms set to advise on future deals and disputes following the EU referendum. The appointments come after the UK signed a deal governing its future relationship with the European Union at the end of 2020. The TLP will cover […]

Hong Kong

CK Hutchison expands group GC team with Clifford Chance hire      

Hong Kong-headquartered conglomerate CK Hutchison has expanded its group general counsel ranks with the appointment of Clifford Chance corporate partner Frank Yuen. Yuen has joined CK Hutchison Holdings as a group general counsel and head of compliance, which is a newly-created role. He will work alongside head group general counsel Valentine Tsang and a number […]

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