Poland: Gazprom appeals fine for failing to provide information in pipeline probe

After the Office of Competition and Consumer Protection (UOKiK) fined Gazprom Zl213 million (€48 million) for withholding information in a probe concerning a joint venture to build and operate the Nord Stream 2 gas pipeline, the Russian gas company announced that it had appealed the fine.

Related briefings

Safety through bankruptcy?

Claims by segregation creditors are limited overall to the value of the respective security at the time of the confirmation of a restructuring plan. In its current decision 17 Ob 12 / 20v, the Supreme Court thus deviated from its previous case law.

Austria: Supreme Court rules on long-term gas supply contracts

On 25 January 2021 the Supreme Court issued a decision on long-term contracts for the import of Russian natural gas into Austria (16 Ok 3/20g). The contracts had been concluded in 2006 for the supply of unstructured natural gas. All of the contracts expired on 31 December 2027. At the time of their conclusion, such long-term commitments were common for contracts between natural gas producers and importers or wholesalers throughout Europe. The contracts contained an obligation for customers to purchase 83% of the contract volume (at least in the medium term), even if this amount was not actually taken (take-or-pay clause). In 2011 one of the buyers was granted an early termination right.

Let the NFT self-experiment begin!

Non-fungible tokens (NFTs) aren’t new, in fact they’ve been around for years. However, it took the auction of an NFT linked to an image by Christie’s Auction House and the fall of the hammer at a spectacular USD 69 million to create worldwide attention and interest in NFTs.

Latest Briefings

Affordable housing connectivity

In this series of sessions we look at the importance of connectivity in the context of new developments and touch on some of the key issues that social housing providers need to consider.

Tax: VAT and non-resident taxable persons

Circular Letter no.30235 clarifies the VAT rights and obligations applicable to non-resident taxable persons who carry out supplies of goods or services in Portugal.

The future of strategic land

Strategic land can be a smart and profitable move for developers willing to play the long game. This webinar with LandTech discusses how strategic land is likely to evolve in the next few years and why now is a great time to get involved.

Now we have Earth Day pledges, we must mobilise green finance

This year’s Earth Day was cause for optimism in our fight against the climate emergency. With climate change now well and truly upon us, Earth Day 2021 saw the most significant renewal of pledges to tackle the crisis by national governments since the Paris Agreement of 2015.

COVID-19 and the impact on disabled employees in the workplace

The impact of the pandemic can be seen across all sectors of society but those who are disabled have been particularly affected, not least because employees with an underlying disability are likely to have been identified as clinically extremely vulnerable and told to shield for considerable parts of the last year. Being away from the workplace and separated from colleagues has left many feeling insecure.

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Paris Arc de Triomphe

Goodwin launches life sciences practice in Paris

Goodwin is starting a life sciences and tech practice in France with the hire of a partner from Dechert. The firm has taken on local partner Anne-Charlotte Riviere, who will join after 12 years at the rival US firm. As part of her practice, she advises life sciences and tech companies as well as investment […]

Listed group CEO sets out vision for £30m Memery Crystal deal

RBG Holdings’ £30m acquisition of Memery Crystal could lead to a working separation at the listed company as CEO Nicola Foulston lays out her plans to split contentious and non-contentious work between brands. Foulston told The Lawyer that her long-term idea for the group is for Rosenblatt to take control of disputes and for Memery […]

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Skadden and Clydes pick up mandates on Leon sale to EG Group

Skadden Arps Slate Meagher & Flom and Clyde & Co are leading on EG Group’s £100m acquisition of Leon Restaurants. Skadden is advising EG Group, led by M&A partner George Knighton and associate Chloe Bowskill. EG Group, run by the billionaire Issa Brothers, has been a a client of Knighton’s for around six years – […]

PE heavyweight Bagshaw to depart White & Case

White & Case’s co-head of private equity Ian Bagshaw is to depart the firm after over seven years, The Lawyer can reveal. Bagshaw will leave the firm at the end of June. He has been with the firm since the start of 2014, when he moved from Linklaters alongside Richard Youle – now at Skadden […]

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