Recently approved amendments to the Slovak Labour Code and Employment Services Act impose new obligations on employers in Slovakia as of January 2019. Among the newly introduced changes, employers can no longer bind their employees with the obligation to keep their work conditions confidential, including information about their salaries.
By Mykyta Nota, Daryna Ushchapivska The Ukrainian parliament adopted a law (the “Law“) introducing and enhancing a number of instruments to make companies less susceptible to investigations by the Antimonopoly Committee of Ukraine (the “AMC“). The most notable changes introduced by the Law include an improved leniency policy, the introduction of a settlement procedure in cartel cases, […]
By Andriy Nikiforov The Law of Ukraine on Foreign Exchange and Exchange Transactions (the “FX Law”) is in effect. Adopted by the Ukrainian parliament on 21 June 2018, the FX Law overhauls the existing exchange control regime, introduces the principle of freedom of foreign exchange transactions and vests the National Bank of Ukraine (the “NBU”) with […]
OIL & GAS: Second International Licencing Round to take place in May 2019 On 29 January 2019, Ukraine’s State Geology and Subsoil Service (the “Derzhgeonadra”) announced plans to hold the Second International Licensing Round of e-auctions for exploitation rights to seven onshore fields of hydrocarbons in the Chernihiv, Ivano-Frankivsk, Kharkiv, Lviv and Sumy regions.
By Nina Tsifudina, Svilen Issaev On 3 December 2018, Bulgaria’s Supreme Court of Cassation (“SCC”) issued Interpretative Judgment No 1 (the “Judgement”) on interpretative proceedings No 1/2017 of the General Assembly of the Panel of Commerce. The Judgement provides guidance to certain issues concerning insolvency proceedings that in the past have been adjudicated differently by the courts. […]
By Gwendoline Davies, Nick McQueen On 15 March 2019, the High Court handed down its first judgment on substantive issues in the high-profile Post Office Group Litigation, as Commercial Dispute Resolution specialists Gwendoline Davies and Nick McQueen explain. The judgment, which stretches to 315 pages, is notable because it covers many different key contractual issues, […]
By Christina Gill January 2019 saw two key cases concerning ‘unfair relationships’ between lenders and borrowers. Banking & Finance Litigation specialist Christina Gill looks at Pontearso v Greenlands Trading and Pilgrim Rock v Iwaniuk and explains the latest key takeaways for lenders. What is an ‘unfair relationship’? Section 140A of the Consumer Credit Act 1974 (CCA) provides […]
By Jo Tunnicliff Business Minister Kelly Tolhurst has announced that the rules surrounding non-disclosure agreements (NDAs) and confidentiality clauses will become more restrictive. We look at the proposed changes and how these could impact employers. How are such agreements used at the moment? Currently, a large number of employers use NDAs and confidentiality agreements to […]
By Nina Smith The Competition and Markets Authority (CMA) has issued guidance for care home providers to assist with compliance under both the Consumer Protection from Unfair Trading Regulations 2008 and the Consumer Rights Act 2015. The previous guidance, issued by the Office of Fair Trading back in 2003, was withdrawn at the start of […]
By Georgina Kenny, Lucy Shepherd A second case confirms that a landlord who fails to provide a gas safety certificate before the start of a residential tenancy cannot later terminate the tenancy by using a section 21 notice. The Gas Safety (Installation and Use) Regulations 1998 (the Regulations) oblige landlords to provide a copy of […]
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Slaughter and May has announced its smallest promotions round since 2013, with just two lawyers promoted to partner in London and Hong Kong. Corporate finance and M&A lawyer Harry Bacon in London and M&A and capital markets lawyer Jing Chen in Hong Kong will join Slaughter’s partnership in May 2019. Bacon joined Slaughters as a […]
German titan Noerr carried off the title European Law Firm of the Year last night at a sparkling ceremony in London’s Grosvenor House in an evening that shone the spotlight on emerging talent across the Continent. Noerr, which was the clear winner in the German category, carried off the European accolade after judges praised its […]
HFW has promoted a record nine new partners across the firm, including six in London. The promotions are effective at the start of the fiscal year on 1 April. They are spread across six offices, spanning Europe, Asia, and America and five of the firm’s industry groups, including shipping, commodities, construction, energy and insurance. Six of […]
Clifford Chance has failed to defend a claim brought against its client by Lehman Brothers Finance (LBF), over the determination of losses linked to the collapse of the failed bank. This is the second time in a week that a magic circle firm has been on the losing side of a Lehman-related battle. Last week, […]
Last Thursday night The Lawyer welcomed past and present members of the Hot 100 to a party at the Grange St Paul’s Hotel to celebrate their achievements. The Hot 100 2019, in association with AlixPartners and LexisNexis,was revealed on 29 January and recognises the standout lawyers in the UK over the past year – the […]
Freshfields Bruckhaus Deringer and Hengeler Mueller are the lead firms advising Commerzbank and Deutsche Bank on their proposed merger. The Lawyer understands that Freshfields is working with Deutsche Bank, a longstanding client of the firm. City-based Sundeep Kapila is the firm’s global relationship partner for the bank, while partner Gunnar Schuster is believed to hold […]