Organic farming and the adoption of new European rules

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Financing of solar panels on company premises simplified by Standard Act

By Joris van de Bunt By introducing a standard deed, property owners can now conclude an agreement with solar panel operators faster and cheaper for the installation of solar panels on company premises. In the past, explanation and assessment due to complexity led to long lead times and high consultancy costs. Because of this, smaller projects threatened […]

Opportunity for employees and residents to become co-owners of Brabant hospital

By Martin Schoonewille, Frank Leijdesdorff, Leon Engelen The hospital Bernhoven in Uden and Oss gives employees the opportunity to buy bonds and thereby indirectly become ‘co-owners’ of the hospital. From 2019 local residents can also obtain bonds. The hospital hopes to increase the involvement of staff and patients, according to the press release. The hospital has a bank loan […]

Ministry of Health, Welfare and Sport condemns price increase of CDCA drug

By Dieuwertje van Dijk Minister Bruins (Medical Care and Sport) of the Ministry of Health, Welfare and Sport ( VWS ) condemns the behavior of pharmaceutical Leadiant to the strong price increase of the drug CDCA. He wrote this in a letter to the House of Representatives last Monday . CDCA (chenodeoxycholic acid) is used as a medicine in the treatment […]

Netherlands: Pharmaceutical companies in spotlight of competition watchdog

Dutch Minister of Medical Care initiates dialogue with the ACM concerning potential abuse of dominance by pharmaceutical companies. In a letter of 16 November 2017, the Minister addresses the complexity of the development of medicines and the problem that expensive medicines pose to the national health care budget. The Minister also announced that he will […]

Dutch Healthcare Authority issues fine for failure to notify a concentration

On 30 November 2017 the Dutch Healthcare Authority issued a fine of € 70.000 to a healthcare provider that failed to notify a concentration. The healthcare provider had acquired certain personnel from other healthcare providers and this transaction exceeded the 50 person threshold for notification to the Dutch Healthcare Authority. The Dutch Healthcare Authority qualified the […]

Latest Briefings

Policies for streamlining operations of PSCs

On 18 July 2018, the Cabinet Committee on Economic Affairs approved policy framework for streamlining operations of production sharing contracts (PSCs) for increased domestic production of hydrocarbon resources (Policy). By way of background, the Government of India had awarded 28 exploration blocks (13 offshore and 15 onshore) to private companies between 1980. This was prior […]

Amendments to IBBI Regulations, 2016 – CIRP Regulations

By Ashwin Bishnoi, Shruti Singh, Charu Chitwan The Insolvency and Bankruptcy Board of India (IBBI) notified the IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2018 (Amendment Regulations) on 4 July 2018 to amend the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations) for the third time this year. Primarily, the […]

Why Offshore for Fintech?

Fintech is changing the way banking and financial services businesses are operating at an incredible pace. There are many challenges and opportunities that face financial institutions, business, investors and start-ups. As with much new technology, the speed of change frequently outstrips the legal and regulatory landscape and fresh approaches are often required to adapt. With […]

Cayman Islands investment funds – Changes to the AML Regime

A number of significant changes to the anti-money laundering regime applicable to Cayman Islands investment funds were introduced towards the end of 2017. The key changes are: • Unregulated investment funds will be subject to the Anti- Money Laundering Regulations, 2017 (as amended, the “AML Regulations”) from 31 May 2018 • The Cayman Islands Monetary […]

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Highlight Event and Entertainment AG (HLEE) and Highlight Communications AG (HLC)  announced on 27 November 2017 that HLC is to launch together with Studhalter Investment AG (SIAG) a takeover bid to the public shareholders of Constantin Medien AG (CMAG), an internationally operating media company based in Ismaning/Bayern, whereas the takeover bid will have exempting effect […]

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Kinstellar Hungary’s market-leading banking and finance law team advised a syndicate of banks comprising Erste Group Bank AG, Erste Bank Hungary Zrt., K&H Bank Zrt., UniCredit Bank Hungary Zrt. and UniCredit SpA – led by Erste – in connection with a €335 million credit facility for refinancing existing loans and providing a capex credit line […]

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