Recent developments concerning CHF loan issues in Serbia

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Open calls for renewable energy sources announced

By Milos Vuckovic, Petar Mitrovic The Croatian Government is preparing open calls for renewable energy sources, based on the new incentive system with market premiums and guaranteed purchase prices. The aim is to have the open calls announced by the end of 2019. Currently, the Government and the Ministry of Environment and Energy are working on several by-laws, […]

Trade secrets in Slovenia

The new Trade Secrets Act will enter into force on 20 April, introducing further clarity to Slovenian legislation with a renewed definition of business secrets. The new Act comprehensively regulates business secrets, as it uniformly defines the concept of a business secret – which was, until now, regulated in several sector-specific acts. In the event […]

Cross-border transactions with related parties on the tax radar in 2019

By Branimir Rajsic The Serbian Tax Administration (the “TA”) recently issued the annual plan on tax audits for 2019 (“Plan”), published on the TA’s website. According to the Plan, the focus will be on the following: taxpayers incorporated by non-residents with significant related-party transactions, in particular control of the application of double taxation treaty provisions, taxpayers […]

Amendments to the law on consumer protection in case of consumer credit agreements

The legal protection of consumers when concluding consumer credit agreements is one of the priorities and goals of the Republic of North Macedonia directed towards creating a single market, harmonized with the overall legislation of the European Union. The Law on Consumer Protection in Case of Consumer Credit Agreements (“Law”) already provided that the creditor […]

Further liberalization of capital flows and investment opportunities abroad

By signing the Stabilization and Association Agreement with the European Communities and their Member States (“SAA”), the Republic of North Macedonia committed itself to the free movement of capital, one of the basic principles upon which the European Single Market is based. This principle implies phase liberalization of capital flows. The transition into the second […]

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Story-making, compliance, green finance – lessons from Hong Kong’s latest sustainability conference

By Kate Hodson The sustainability agenda is touching every element of industry and commerce, and demanding change at every level from individuals and households, to governments and global institutions. Real changes are taking shape at both ends of the spectrum – from individuals recycling more and shunning single-use plastic, to reform in the international flow […]

Energy & Natural Resources Digest: Ukraine. April 2019 in Review

By Olena Kuchynska, Viktoriia Pysmenna OIL & GAS: the PSA tender is announced for the new offshore block On 12 April 2019, the Ukrainian government adopted a decision to hold a public tender to enter into a 50-year production sharing agreement (“PSA”) for the development of the offshore hydrocarbon field known as “Dolphin”. The Dolphin […]

Use of trademarks on signboards in the GCC

By Vanessa Delnaud In the Gulf Cooperation Council (GCC)[1] countries, all traders require a permit in order to be able to display any branding or name on billboards or stores’ signage. This is also true for a distributor/franchisee (“licensee”) opening a store under a licensed brand. They will need to obtain a permit to be […]

Paradigm shift: Recommended changes to Canadian copyright law announced

By James Green, Laurent Massam, Kevin Sartorio On May 15, 2019, Parliament’s Standing Committee on Canadian Heritage released a report entitled Shifting Paradigms containing a set of 22 different and varied recommended amendments to Canada’s Copyright Act. The Committee’s report follows a study of remuneration models for artists and creative industries and the challenges and […]

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Fortnum & Mason hires its first GC from John Lewis

Fortnum & Mason has appointed John Lewis’s former head of legal, Georgina Service, as its first ever general counsel. The luxury Piccadilly department store, which previously had no in-house counsel, will take on Service at the end of June. It made the decision to recruit a GC to help manage growth in a sustainable and […]

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CMS’s former IP head dismissed amid SRA scrutiny

CMS Cameron McKenna Nabarro Olswang has dismissed its former head of IP, with the firm reporting the matter to the Solicitors Regulation Authority (SRA). CMS has declined to comment on the reasons for Joel Barry’s departure, but said: “We can confirm that a partner has been asked to leave the firm and will not be […]

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Mishcon loses to Cleary in billion-dollar mining arbitration

Mishcon de Reya has lost a billion-dollar arbitration case against a Brazilian mining company, represented by Cleary Gottlieb Steen & Hamilton. Cleary secured a $2bn payout for its client Vale, who claimed $1.25bn in damages for losses suffered in a joint venture dating back to 2010, with the mining arm of Israeli tycoon Beny Steinmetz’s […]

Hamburg

Addleshaws makes long-awaited German push with 10-lawyer raid

Addleshaw Goddard has launched its first Continental European office, taking 10 lawyers from Bryan Cave Leighton Paisner. The team hire in Hamburg includes two current BCLP partners and will allow the office to initially provide advice on M&A and private equity, commercial, employment, international trade and litigation matters. Addleshaws’ arrival in Germany has long been […]

London skyline

Kirkland alumni club: Willkie secures double-partner hire in London

Willkie Farr & Gallagher has secured its long-awaited hire of two partners from Kirkland & Ellis, as they join former colleague Claire McDaid to expand its City private equity team. Gavin Gordon and David Arnold are to join Willkie in the City, following on from the firm’s hire of Dechert tax partner Jane Scobie last […]

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