Law 11/2021 establishing the legal framework for the use of movable assets as security for the discharge of obligations was published on 22 April 2021 and will take effect 180 days after publication.
The Portuguese government has issued a Council of Ministers Resolution approving the 2021-2030 National Ocean Stratgy, a programmatic document governing ocean-related political actions and enshrining the government’s commitment to protect the ocean and ensure the sustainable development of its many opportunities.
The African nation is emerging from the Covid-19 crisis with a raft of new legislation to reform its economy.
Law no. 6/2021 which enacts the voluntary arbitration law and for the first time amends the Code on Civil Procedure was published in the Tmor-Leste Official Gazette.
Pursuant to the provision of the Foreign Exchange Law for the petroleum sector, the National Bank of Angola has published Order 3/2021 which establishes the new foreign exchange regime appllicable to the entities engaged in the prospecting, exploration, appraisal, development, production and marketing on non-associated natural gas and its derivatives.
On 25 January 2021 the Supreme Court issued a decision on long-term contracts for the import of Russian natural gas into Austria (16 Ok 3/20g). The contracts had been concluded in 2006 for the supply of unstructured natural gas. All of the contracts expired on 31 December 2027. At the time of their conclusion, such long-term commitments were common for contracts between natural gas producers and importers or wholesalers throughout Europe. The contracts contained an obligation for customers to purchase 83% of the contract volume (at least in the medium term), even if this amount was not actually taken (take-or-pay clause). In 2011 one of the buyers was granted an early termination right.
Emerging technologies to mitigate environmental impact and even remediate harm that has already occurred, known colloquially as “cleantech”, represent a potentially explosive growth opportunity for Canadian innovation. Intellectual property rights, and in particular patent protection, can be an important asset for Canadian cleantech companies that can and should be leveraged as part of their business and growth strategy. Patent rights can be valuable not only in excluding competitors and soliciting investment, but even in terms of marketing. Patents can demonstrate that a company is on the cutting edge of sustainable technology.
Non-fungible tokens (NFTs) aren’t new, in fact they’ve been around for years. However, it took the auction of an NFT linked to an image by Christie’s Auction House and the fall of the hammer at a spectacular USD 69 million to create worldwide attention and interest in NFTs.
Did you know all food and drink produced in GB but sold in the EU must have an EU contact address on the label?
The Workplace Relations Commission (WRC) has published a new Code of Practice for Employers and Employees on the Right to Disconnect.
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Law firms have paid back loans they took out last year but it doesn’t mean they are in the clear just yet.
Cahill has doubled in size in London since 2016.
Magic circle firms have been modifying lockstep to compete with US rivals.
A bumper year for Singapore should give Paris pause for thought.
With London firms thriving in the city, Bristol’s old guard have competition on their hands.
Restructuring hires are on the rise but some firms may have moved too slowly.
Linklaters’ senior partner election race has concluded, with Aedamar Comiskey beating two other contenders to the role. The firm’s head of corporate will replace incumbent Charlie Jacobs, who earlier this year confirmed he would leave Linklaters at the end of his term. Jacobs has since announced he is joining JP Morgan as head of the UK […]
Hogan Lovells has announced that City partner Richard Diffenthal has sadly passed away. Diffenthal, who was 40, was a homegrown Hogan Lovells corporate talent, having trained at the firm before making partnership in 2016. His wealth of experience covered the full range of corporate practices, including equity capital markets, joint ventures and corporate advisory work, […]
Shearman & Sterling has hired long-serving project finance partner David Clinch from Herbert Smith Freehills to replenish its projects team in Singapore. The appointment is one of a few senior level hires made by Shearman & Sterling in the city state in recent years. Clinch joins the US firm as a partner following a 27-year […]
Nokia is to assess six panel firms on their equity, inclusion and diversity (E, I&D) credentials through a new scorecard system. As part of the initiative, Nokia’s legal and compliance organisation will conduct quarterly and annual assessments of its key panel law firms. The initiative was presented to firms in March, with Eversheds Sutherland, Roschier, […]
CMS has created a managed services arm to complement its traditional legal practices, as more firms venture into an area previously dominated by alternative providers and the Big Four. The firm has assembled an offering that will bring together teams of lawyers, technologists and project managers to absorb the operations of in-house functions at client […]
A retrial has been ordered in a case involving Natwest’s investment banking arm, after it took 19 months for the judgment to be handed down. In Natwest Markets and Another v Bilta (UK) and Ors, Court of Appeal judges criticised the wait and said a “delay of the magnitude in the present case, whatever the explanation may […]
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