Austria: Potential reforms in real estate law

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Related briefings

Polish tax evasion rules – Impact on escrow agreements

To counteract tax evasion, Polish authorities have recently introduced legislation and digital systems allowing tax authorities to analyse banking systems, search for potential fraud, and block suspicious bank accounts. Effective 30 April 2018, the new rules may have an adverse effect on escrow accounts, M&A closings, and real estate transactions in Poland. This client alert […]

Warsaw: Management liability in M&A transactions

By Niall Crowley Increased volatility on financial markets is putting pressure on company management teams when setting valuations in M&A transactions, according to experts gathered at a seminar held by international law firm Wolf Theiss…

New EU regulation: The end of geo-blocking when shopping online

A new EU Regulation, which will take effect on 3 December 2018, provides for borderless online shopping. Traders are obliged to treat online customers equally, regardless of which EU-member state they come from. Geo-blocking will be abolished in many cases. However, digital content protected under copyright law and some other services are not yet affected […]

Bulgaria: Commission recommends amendments to the energy act

On 8 February 2018, the Bulgarian Competition Protection Commission (“CPC”) issued a Decision in a Competition Advocacy proceeding initiated in 2017 for the assessment of conformity with Competition law of the legal framework applicable to heat energy supply legislation. The Competition Advocacy proceeding analyzed the respective sections of the Energy Act (“EA”), the Heat Energy […]

Romania and GDPR: Key proposed measures

On March 14 2018, the Romanian law for implementing measures on EU regulation no.2016/679 on the protection of individual rights regarding the processing of personal data directive GDPR was submitted. The legislative proposal can be reviewed here…

Latest Briefings

Case law update: December 2018

By David Smedley, Andrew Rayment Bellman v Northampton Recruitment Ltd – Employer held liable for managing director’s violent conduct The Court of Appeal has found a company vicariously liable for the violent conduct of its managing director at a Christmas party where the attack left an employee severely disabled.

New IR35 rules for contractors in the private sector from 6 April 2020

By David Smedley, Andrew Rayment New IR35 changes due to take effect in the private sector from 6 April 2020 will have a significant impact on businesses that engage consultants or contractors via intermediary companies (either directly or through an agency). Affected employers will need to plan for these changes well in advance. Following a […]

Ethnicity pay gap reporting

By David Smedley, Andrew Rayment Mandatory pay gap reporting on grounds of ethnicity (similar to gender pay gap reporting) could be on the horizon. In line with a manifesto commitment, the Government has published a consultation paper on introducing mandatory pay gap reporting on ethnicity grounds. The consultation comes on the heels of the Government’s […]

Government considering reintroducing employment tribunal fees

By David Smedley, Andrew Rayment It has been reported that the Government is considering reintroducing employment tribunal fees. No specific details have been provided but the Ministry of Justice has said that it is confident that a fee system can be found which does not deny claimants access to justice (the reason the original fee regime was […]

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Khaitan & Co advises Torrent Pharmaceuticals on acquisition of Unichem arm

Khaitan & Co advised Torrent Pharmaceuticals Limited (“Torrent Pharma”) in relation to its acquisition of the domestic formulations business of Unichem Laboratories Limited through a business transfer arrangement for INR 3600 crores ($556m approximately). Torrent Pharma, the flagship company of Torrent Group, is ranked amongst the top pharma companies in India. It is a dominant […]

David Patient

Travers’ Patient appointed for second term as managing partner

Travers Smith has re-appointed David Patient as its managing partner. Patient trained with the firm, making partner in 1999, launching the firm’s Paris office and eventually replacing Andrew Lilley as managing partner in January 2015. He had previously run for managing partner in 2009, but was ultimately beaten into the role by Lilley. His second three year […]

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Pension Protection Fund chops panel from 23 to six in latest review

The Pension Protection Fund (PPF) has cut its panel from 23 to just six in its latest review, The Lawyer can reveal. The firms that have won a place on the streamlined panel are Gowling WLG, DWF, Herbert Smith Freehills (HSF), Hogan Lovells, Mayer Brown and Osborne Clarke. The new panel consists of two lots: […]

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