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September 2020 – Yesterday, 22 September, the President of Ukraine signed the Law which amends the Law of Ukraine “On privatisation of state and communal property” (the “Law”), introduces parliamentary control over the privatisation of state property and “unfreezes” the preparatory procedures to privatise large-scale state-owned objects. The Law was adopted by the Ukrainian parliament on 8 September 2020 and will become effective after its official publication.
In August, the TCA — which three months ago launched an investigation into German automotive giants Audi, Porsche, Volkswagen, Mercedes-Benz and BMW — initiated an investigation against other players in the Turkish automobile industry.
September 2020 – Following the adoption of Regulation (EU) 2019/452of the European Parliament and of the Council of 19 March 2019 on establishing a framework for the screening of foreign direct investments into the Union (the “Regulation”), the Czech government decided to regulate this area and to seek to pass a law on the screening of foreign investments. The Czech Ministry of Trade and Industry (the “Ministry”) has submitted a bill on the screening of foreign investments on the basis of which it will be possible to control and eventually ban certain foreign investments into Czech companies (the “Bill”).
The Bulgarian Ministry of Transport, Information Technology and Communications has released a new draft strategy entitled Concept for the Development of Artificial Intelligence in Bulgaria until 2030. It aims to define focal areas for building scientific and expert capacity for the development and implementation of AI systems and to build on the measures and activities set as a priority in other relevant national strategic documents, including in particular “Vision, Objectives and Priorities for the National Development Program: Bulgaria 2030.”
In July it appears that Turkish merger control activities left the effect of the COVID-19 pandemic behind.
Environmental, social and governance factors (ESG) alongside sustainability are hot topics in business right now. Employees are increasingly scrutinising what employers are doing to promote sustainability, not least in the benefits they offer.
In this podcast, Gowling joins leading global infrastructure and renewables market analysts Inspiratia to discuss innovation in the UK power purchase agreement (PPA) market, and whether the prices we see today are transitionary and if so, how PPAs can make such prices sustainable and meet the ever-changing needs of both offtakers and sellers.
Angolan Central Bank (Banco Nacional de Angola) Notice no. 9/22 of 6 April was recently published to establish special schemes for mortgage credit and construction credit.
After a challenging year, UK cities are gaining foreign investment and developing their presence on the global stage. How has the pandemic, COP-26 and officially leaving the EU impacted the value of investment in the UK from a global standpoint?
On April 7, 2022, Ontario released its first-ever Hydrogen Strategy (the Ontario Strategy), making it the latest province to address Canadian hydrogen sector growth through policy.
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Herbert Smith Freehills is increasing the base rate of its newly-qualified lawyer salaries, having last upped pay for its junior lawyers in December. The firm will be increasing its London NQ base salary to £120,000, plus bonus, effective from today. The firm had increased these salaries back in December to £105,000. Alison Brown, executive partner, […]
Pinsent Masons is launching an office in Luxembourg after the acquisition of one of the country’s local firms. From today Pinsents is taking over Wildgen’s office, adding seven partners to the firm and 16 lawyers in the office. The office will be headed by partner, Michel Bulach. This brings the total number of Pinsents’ Continental […]
Today marks the official launch date of Clyde & Co’s merger with insurance firm and competitor BLM, a move that will transform the legal insurance market. It comes just over three months since partners from both firms voted the mega-deal through in March, after two years of covert discussions. Here are three graphs breaking down […]
Freeths is to supervise the design and implementation of a UK Government compensation scheme aimed at the original Post Office scandal victims. The national firm has been appointed by the Government to act on behalf of over 500 sub-postmasters who brought the landmark civil group action against the Post Office. Until earlier this year, this […]
Norton Rose Fulbright (NRF) has been hit for two energy partners in the City. Akin Gump Strauss Hauer & Feld has hired energy duo Daniel Giemajner and Matt Hardwick to its City office. Giemajner, who was promoted to partner in 2020, has a particular specialism in advising on the development and acquisition of mining assets, […]
A Linklaters leveraged finance partner is departing for Willkie Farr & Gallagher’s London office, The Lawyer can reveal. The partner in question is Daniel Gendron, who will join the firm in September. Gendron has spent nearly 15 years at Linklaters. He joined the firm as a managing associate in 2008 and was given the nod […]
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