The Advertising Code now regulates the advertising of foodstuffs and beverages containing high energy values, or high levels of salt, sugar, saturated fatty acids or trans-fatty acids, particularly when it targets the under-16s. Law no. 30/2019 of 23 April made the 14th amendment to the Advertising Code (which was approved by Decree-Law 330/90 of 23 […]
Regulation no. 276/2019 of 26 March was approved by the Institute for Public Markets, Real Estate and Construction (IMPIC) and will enter into force on 26 June. The Regulation defines the procedures, instruments, mechanisms and formalities to comply with the specific duties provided for under Law no. 83/2017 of 18 August, by entities engaged in […]
By Hugo Rosa Ferreira, André Figueiredo I. Main Portuguese legislation news Decree-Law no. 42/2019 of 28 March – Establishes the simplified rules on bulk assignment of credits The main objective here is to improve the procedures involved in the bulk assignment of credits, in particular, by presenting a simple and rapid response to some of […]
In March of this year, the Chinese National People’s Congress approved a new law to regulate foreign investment and it will enter into force on 1 January 2020. This new law will replace the current foreign investment legislation, which dates back to 1979 and is based on three legal texts: the Sino-Foreign Cooperative Joint Venture […]
Ministerial Order no. 112-A/2019 of 12 April was published recently and has been in force since the day after its publication. The Order establishes incentives to recruit young people looking for their first job and the long or very long-term unemployed. The Order also seeks to stimulate the professional integration of people who have greater […]
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 […]
By Manuel Ritt-Huemer, Zurab Simonishvili Overview of the new cooperative demerger law Since 1.1.2019 the Genossenschaftssplaltungsgesetz (GenSpaltG) is in force. As a result, in addition to the existing possibility of merging under the Cooperative Merger Law (GenVG), cooperatives can also transfer parts of their assets by division through universal succession. This article presents the course of the […]
By Ursula Rath Market snapshot Recent activity How would you describe the general state of equity capital markets in your jurisdiction, including notable recent activity and deals? Austrian equity capital markets activity was somewhat subdued in 2017 and 2018, with only one successful initial public offering (IPO) on the Vienna Stock Exchange (VSE) in 2017 […]
By Guido Kucsko Since the last edition of the Special Edition MSchG, five amendments have brought comprehensive changes in trademark law, the highlights: • The 2019 trademark reform, among other things, amends the opposition and cancellation proceedings and, for the first time, allows the registration of multimedia brands. • With the amendment to the MSchG […]
By Justin Savage In this article we address how the landscape for the structuring of offshore investment funds established in the Cayman Islands is changing—and how this change is being driven by the evolving relationship between investors and investment fund managers and, in particular, how the balance of power has in many cases shifted from […]
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The fortunes of the US firms in London dominated this week’s stories on The Lawyer, while our most comprehensive look at firm leadership revealed stark truths about diversity (or lack of it) in the industry. According to data collected from 38 of the world’s largest firms, just one had a 50:50 gender balance on its […]
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Recent years have seen a tremendous shift in almost all aspects of the UK legal services sector, but few have been more tangible than the transformation of senior marketing roles. What was once seen, somewhat disparagingly, as a ‘back office’ position is now taking its place shoulder to shoulder with the leading firms’ most senior rainmakers.
Law firms are finally waking up to the fact that marketing makes money. Not all, however, have quite yet cottoned on to precisely how. Most firms now recognise that as they and their clients grapple with the realities of digital transformation, the specialists leading this thinking are unlikely to be lawyers.
Cleary Gottlieb Steen & Hamilton has made all of its paralegals in London redundant, after an analysis of work patterns and demand for their services. The US firm confirmed to The Lawyer that it will no longer recruit paralegals in London, having made three paralegals redundant. A spokesperson said: “We confirm that we have made […]
Osborne Clarke has made up eight new partners in the UK, including one who completed the process during her maternity leave and two that work on a part-time basis. The firm’s new cohort means Osborne Clarke now boasts a partnership of more than 260 for the first time in the firm’s history with a handful […]
US firms have extended their share of the London legal market, The Lawyer can reveal, with more than ever featuring in the exclusive ranking of the 50 largest US and UK-headquartered firms in the City. This is a rise of one firm on last year’s ranking, which was introduced for the first time in the […]