Bulgaria: CPC deems minimum hotel accommodation prices anti-competitive

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The complex commercial litigation law review – Edition 1: Chapter Austria

By Sara Khalil, Andreas Natterer 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 Austrian Civil Code governs legal relationships between consumers as well as consumers and companies. Similarly, the Austrian Commercial […]

Romania: Tax provisions in force since March 2018, significantly amended and supplemented

By Alexandra Barbu, Theodor Artenie, Anamaria Tocaci  Below we list the main provisions of Law 30/2019 amending Government Emergency Ordinance 25/2018. Corporate income tax The Registry of Non-profit Organisations and Religious Institutions will be published on the website of the National Agency for Fiscal Administration (ANAF) (the “Registry”). Inclusion in the Registry of entities that benefit from sponsorships is a […]

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By Kinga Hetényi, Alexandra Bognár We have seen continuous development over the past few years in the means of communication with the judiciary as well as central and local administrative bodies. But there are pitfalls one should be careful to avoid. The basics of electronic administration Electronic administration allows users to communicate efficiently with courts, authorities and […]

Don’t jump the gun! Mergers may be caught in the Romanian Competition Council’s crossfire

By Mona Banu, Cristiana Manea Gun jumping refers to premature enforcement of a merger before obtaining clearance from the competition authority. While most companies are aware of this interdiction, it can be difficult to balance the scope of the competition standstill obligation during the pre-closing period and the measures taken by the acquiring company to protect the […]

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Estate duty being re-introduced in India – An update

Presently, India does not have an estate duty. The Estate Duty Act, 1953 which sought to impose an estate duty in India on property passing on demise was repealed in the year 1985. Is the estate duty a relic of the past? Rumours are rife that an estate duty will soon be reintroduced in India. […]

Market trends in offshore relocations to the Channel Islands for HNWs and businesses

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EUR 50 million fine for GDPR in France. What about CEE?

On 21 January 2019, the French data protection authority — the Commission nationale de l’informatique et des libertés (“CNIL”) — issued a General Data Protection Regulation (“GDPR”) fine of EUR 50 million against Google LLC. (“Google”). The CNIL launched its investigation of Google on 1 June 2018 based on two complaints filed by data subjects. […]

Macedonia: Stricter rules for awarding new exploitation concessions

After a long, complex and nation-wide discussion, on 9 January 2019, the Macedonian Parliament introduced stricter rules for obtaining exploitation concessions. Effective immediately, the novelties from the Minerals Law target potentially new mines, and they came as a result of the broad interest shown during the last couple of years concerning the environmental effects of the mining […]

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HMRC’s Gill Aitken exits after four years

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Simpson Thacher hands out $25K bonuses as rivals debate associate pay

Simpson Thacher & Bartlett has become the first law firm to follow Milbank Tweed Hadley & McCloy’s surprise increase in associate salaries, with further bonuses announced for its lawyers worldwide. The scale at Simpson will match Milbank’s, it was announced yesterday. This means first year associates will pick up $190,000 while lawyers with eight years […]

Richard Millett QC, Essex Court Chambers

The Hot 100 career quiz: Richard Millett QC

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