Austria/EU: new sanctions regime against Russia

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Related briefings

EU: Your web doctor will see you now – software as a medical device

Patients nowadays have access to an enormous range of medical knowledge through social media, websites and health apps (in combination with wearables). The latter have become increasingly popular in recent years because of their ability to monitor in real time pulse, blood pressure, blood glucose levels and other parameters. Doctors are also intrigued by the […]

Merger control: Guidance paper on new transaction value thresholds in Austria and Germany

In the second half of 2017 both Austria and Germany introduced transaction value based thresholds as alternatives to purely turnover based thresholds that trigger the obligation to obtain merger control approval. The Austrian test pursuant to section 9 (4) Austrian Cartel Act (“ACA”) requires, amongst others, the consideration for a transaction to exceed EUR 200 […]

Danube port legislation: building a bridge across various jurisdictions

The Danube is the longest river in Central Europe, and thus has significant economic potential. However, the full potential of the Danube as a major transport route has not yet been exploited. A reason for this is the fact that the Danube crosses ten countries, and there are, as a result, ten different applicable port […]

arbitration

Efficient arbitration, part 2: Launching an Efficient Arbitration

Kicking off our series on efficiency in arbitration, our first article, Efficient Arbitration – Part 1: Metrics sets out our idea of an efficient arbitration: Achieving the best possible outcome with the least amount of resources. A range of tools are available to focus the spending of resources. Resources should be invested, not wasted. The selection of […]

Hungary: Introducing the managing director without representation rights

Hungarian law has always permitted shareholders of a company to limit the power of the company’s managing director(s). Thus, it has also been allowed to appoint a managing director without any right to represent the company. However, so far, the limitation on the representation rights of a managing director could not be registered in the […]

Latest Briefings

The Commercial Agents Regulations: a step behind the times?

By Alex Williamson The Commercial Agents (Council Directive) Regulations 1993 (the Regulations) are 25 years old this year. An evaluation by the European Commission concluded in 2015 that the underlying Commercial Agents Directive (the Directive) still met its objectives and functioned well. However, a recent Court of Appeal decision has shown that the legislation is struggling to […]

Exclusion clauses under the spotlight: UCTA reasonableness

By Perran Jervis In decisions handed down one day apart, the Court of Appeal concluded that a far-reaching exclusion clause which limited liability for negligence was reasonable under the Unfair Contract Terms Act 1977 (UCTA), whereas an exclusion clause in a lease (in the form of a non-reliance clause) was not. The decisions emphasise that […]

Currency, cost calculations and contractual clarity

Walker Morris’ Head of Commercial Dispute Resolution, Gwendoline Davies, highlights the importance of dealing comprehensively and clearly with matters of currency and calculation in cross-border contracts…

Belgian draft Trade Secrets Act: opportunities for the life sciences sector

On 8 June 2016, the EU Trade Secrets Directive was adopted. The main purpose of the Directive was to harmonise and enhance the protection of trade secrets EU-wide and to thus create an innovation-friendly environment for businesses. The EU Member States had to implement this Directive by 9 June 2018. Belgium missed the deadline, but […]

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Conyers advises Century Sage Scientific Holdings on stock exchange listing

Conyers Dill & Pearman has provided British Virgin Islands (BVI) and Cayman Islands law advice to Century Sage Scientific Holdings regarding its listing on the Main Board of the Hong Kong Stock Exchange by way of Hong Kong public offering and international offering. Century Sage Scientific Holdings, an investment holding company, primarily provides hardware and […]

pharmaceuticals

Allen & Overy wins spot among US firms on Walgreen’s £5.6bn buyout of Boots

Allen & Overy has won a spot alongside a raft of US giants to advise on Walgreen’s £5.6bn acquisition of its remaining stake in Alliance Boots. US drugstore chain Walgreens is set to buy the 55 per cent stake in Swiss-owned Alliance Boots that it does not already own for $13.5bn in cash and stock. […]

Bär & Karrer advises Bank of China International on Ernest Borel IPO

Bär & Karrer has advised Bank of China International, global co-ordinator, on Swiss law in the initial public offering (IPO) of Ernest Borel Holdings, a Swiss watch maker. Ernest Borel Holdings successfully completed the IPO on the Hong Kong Stock Exchange. A total of 66 million Ernest Borel shares were listed and first traded on 11 July 2014. The […]

DLA Piper advises on £113.5m multi-creditor unitranche refinancing

DLA Piper has advised GE Capital International and Ares Management on the provision of a £113.5m unitranche facility to refinance Hillarys, a UK provider of domestic blinds and window fittings owned by European Capital. The facilities include a term unitranche component, a junior term debt component and a revolving credit facility. This is the ninth […]

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