Czech Republic: Health products distributor fined for resale price maintenance

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Bulgaria: Legal Alert for Approaching Deadline of UBO Registration

By Gergana Roussinova, Stefana Tsekova Bulgarian anti-money laundering law requires that companies and other entities having their seat in Bulgaria register their ultimate beneficial owner(s). The registration is mandatory, and the deadline for registration is approaching. These obligations arise from the Bulgarian Anti-Money-Laundering Measures Act (2018) transposing Directive (EU) 2015/849 of the European Parliament and […]

Gambling Act Amendment 2019: Need to regulate Lootboxes?

By Gunther Leissler, Alexander Legat “Lootboxing” and gambling – a fiercely discussed combination. With the increasing penetration rate of Lootboxen the question becomes more and more in the focus whether Lootboxen have similarities with the gambling and thus regulate belongs. Especially the game design could let Lootboxen appear as a gambling game. A case for the gambling law […]

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Latest Briefings

Bermuda Court exercises inherent jurisdiction to appoint protectors

In the Matter of the H Trust [2019] SC (Bda) 27 Com (30 April 2019), the Supreme Court of Bermuda delivered an important judgment in which it exercised its inherent supervisory powers over trusts to appoint protectors. In its decision, the Court also reaffirmed the wide breadth of the Court’s jurisdiction under Section 47 of […]

New Section 21 Notice Form 6A released

By Karl Anders, Deborah Brown On 1 June 2019 a new Section 21 Notice Form 6A will replace the current version. This is to coincide with the commencement of the Tenant Fees Act 2019. The main changes to the notice are in the section explaining the restrictions on terminating a tenancy under Section 21 of […]

Angola: Amendments to the Industrial Tax Code

By Samuel Fernandes de Almeida, Joana Pacheco Law 4/19, of 18 April 2019, has introduced several amendments to the Industrial Tax Code. We would highlight the following amendments: • 7% or higher foreign exchange variations in connection with fixed assets and liabilities are disregarded as income or cost for Industrial Tax purposes; • Interest borne […]

Acquisition Finance- 2019

By Ryan Bekkerus, Alexandra Kaplan and Marisa Stavenas What territory’s law typically governs the transaction agreements? Will courts in your jurisdiction recognise a choice of foreign law or a judgment from a foreign jurisdiction? In general, Portuguese law is retained for many transactions with soft domestic and international investors, certainly in all cases to govern […]

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