Czech Republic: Managing director and invalid employment contract, work injury

The Supreme Court of the Czech Republic recently issued an interesting decision concerning the employment of a managing director and an accident at work. It should be noted that this decision does not relate to a long-term problem with the concurrence of functions, i.e. the (im)possibility of performing the function of a managing director in an employment relationship, but reflects a situation where the managing director performs non-parallel work, i.e. work outside the function of a statutory body.

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Certain Romanian competition law provisions on hold (for now)

Several provisions of Competition Law no. 21/1996 (the “Competition Law”) are currently suspended and may lose their legal effects beginning of September, following a recent decision issued by the Constitutional Court of Romania (CCR).

Montenegro: Insight into the New Companies Act

The new Montenegrin Companies Act which entered into force on 11 July 2020, is an innovative and thoroughgoing codification of Montenegrin Corporate Law. The legislator opted for a comprehensive legal instrument which, compared to the previous law, contains more detailed and exhaustive rules determining the establishment, management, restructuring, termination and functioning of business entities.

An apple a day keeps taxation away?

The General Court (GC) of the European Union ruled in favour of Apple in the state aid case regarding Apple’s Irish tax structure, annulling the 2016 decision of the European Commission (EC). As a result, Ireland is at present not obliged to reclaim the amount of EUR 13 billion from Apple. The decision is not yet final due to the EC’s right to appeal.

Covid-19: European overview on moratoria – July 2020

Austria Statutory Moratorium on repayment of loans taken out by consumers and micro enterprises (enterprises with less than 10 employees and annual turnover/annual balance sheet not more than EUR 2 million) before 15 March 2020, resulting in extension of payment dates falling in the months of April, May or June 2020, by 3 months. During […]

Latest Briefings

wrongful trading in Northern Ireland what is it and what has changed

Wrongful trading is a term that has received quite a bit of press over the last few months, mainly through the headlines generated by the UK Government’s unprecedented amendment to the wrongful trading provisions contained within our insolvency legislation. But what exactly is wrongful trading and what has changed?

Where feeding feels like abuse – a harrowing case

Avon and Wiltshire Mental Health Partnership & North Bristol NHS Trust v WA & Ors [2020] EWCOP 37 Introduction This application concerned WA, a Palestinian refugee, who believes he was born on 29 December 1994, and who was therefore 25 years old. WA is a patient at Southmead Hospital, Bristol, having been admitted due to malnourishment. […]

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Black Lives Matter: an open letter from BCLP London head Segun Osuntokun

I hope that 2020 will be remembered as the year that uncomfortable but important conversations were propelled into the spotlight. Events of the last two months have forced leaders to look at what we can – and must – do better.  As the managing partner of the largest office of a major international firm and […]

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Pinsents’ Vario snaps up LOD’s German leadership duo

Pinsent Masons’ flexible resourcing service Vario has brought in the German leadership duo of rival Lawyers On Demand (LOD), as the latter prepares to shut down in the region. Vario, whose turnover is understood to have grown by 30 per cent in the last financial year from £14m to an estimated £18m, has hired Carl […]

Freshfields to ease Covid-19 measures with profit payouts

Freshfields Bruckhaus Deringer is looking to pay out bonuses in September and resume its partner profit distributions later this year, as the firm eases its response to the Covid-19 pandemic. Previously, in response to the pandemic crisis, the firm had opted not to dish out partner profits for Q4. Freshfields had added it wouldn’t return […]

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The deals that closed last week: Covid-19 vaccines and restaurant sales

Following the UK Government’s investment in the front-runner coronavirus vaccine from AstraZeneca and the University of Oxford, it has announced a new £100m cash boost to develop the infrastructure for a Covid-19 vaccine. Clifford Chance, Eversheds Sutherland and Travers Smith banded together on the Government’s investment in the Cell and Gene Therapy Catapult, to accelerate […]

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