Related briefings

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.

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.

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 […]

CEE legislation tracker: Austria

1 Financial Support Measures 1.1 Corona Relief Fund 21/07: guidelines for grants for site-relevant companies effective as of 22/07. Grants to be issued by COFAG to i.a. companies in the sectors of infrastructure, energy, telecommunication.   25/05: guideline for grants for fixed costs effective as of 26/05. 23/05: EU Commission greenlights Austrian scheme allowing grants […]

Latest Briefings

Swiss Federal Supreme Court follows the practice of EPO’s Board of Appeal on singling out

In a recent decision (4A_613/2019, 11 May 2020), the Swiss Federal Supreme Court (Supreme Court) followed the practice of the Board of Appeal of the European Patent Office (EPO) as it held that the singling out of single features from two separate lists of features and therefore the combination of these  two specific features constitutes an extension of the subject-matter of the patent application leading to its nullity.

Recent Commercial Court decision highlights the importance of strict compliance with claim notification provisions in share and business sale and purchase agreements

In a recently delivered decision, Dodika Limited & Others v. United Luck Group Holdings Limited [2020] EWHC 2101 (Comm), Mr Peter MacDonald Eggers QC (sitting as a Deputy Judge of the Commercial Court) has ruled that a notice of claim under a tax covenant contained in a share sale and purchase agreement (SPA) failed to comply with the requirements of the claim notification provisions in the SPA. As a result, a sum of USD 50 million held in escrow was liable to be released to the SPA sellers.

Cyber security: Proactivity vs reactivity

Worried about the rise in cyber crime? Peter Yapp explains to Counter Terror Business Magazine how to “expect the unexpected” and get proactive when it comes to cyber security.

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Dechert hires third Sidley Austin partner in a fortnight

Sidley Austin has lost its third partner in the City to US rival Dechert, following on from the exits of John McGrath and Simon Fawell earlier this month. The Lawyer revealed that McGrath and Fawell were to make the move, having worked together at Sidley on structured finance matters. McGrath focuses on corporate deals, while Fawell […]

Philip Dayle represents teacher caught up in school SATs cheating case

Philip Dayle has successfully represented a teacher who made admissions of maladministration of SATs at a primary school in Rochdale. The teacher was one of four who admitted maladministration at a Teacher Regulation Authority (TRA) panel, at which the headteacher was found to have brought the profession into disrepute and banned from teaching. The panel […]

Legal team cuts expected in Centrica’s company-wide cull

Energy and services company Centrica is to axe roles from its legal function, as part of the company’s wide-scale job cuts due to challenges in the energy market. The owner of British Gas and FTSE 100 constituent yesterday announced that it plans to cut around 700 management and back office jobs this summer, although the […]

riyadh saudi arabia

Magic circle sets in action on Court of Appeal Saudi dispute

The Court of Appeal has ruled that the UK Government’s continued sales of arms to Saudi Arabia for use in the Yemeni war is unlawful. In a case that featured in The Lawyer’s Top 20 Cases 2019, the challenge was brought against the government by the Campaign Against Arms Trade (CAAT). The claim centres around […]

ENRC

ENRC lawyers challenge SFO over halted review

In the latest development to a long-running saga, the SFO has halted a review into how it carried out the ENRC corruption investigation, with the mining company’s lawyers at Hogan Lovells calling the delay “striking and unsatisfactory”. The SFO had appointed Sir David Calvert-Smith to run the review at the end of November after the […]

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