Romania – New PPP legislation and effects on infrastructure projects

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Bulgarian Courts and the deepest recesses of marketing

By Elena Todorova Some local interpretations of the concepts of clean labelling and claims related to children’s development and health This article aims to examine the arguments of the Bulgarian courts pronounced in the judgments of two court instances on a single administrative court case. The arguments demonstrate the perception of the Bulgarian courts on some […]

Austria: What does “limited space” mean under the Act on distance contracts and off-premises contracts?

By Serap Aydin, Wolfgang Tichy Directive 2011/83/EU of 25 October 2011 on consumer rights (the “Directive“) and the Fern- und Auswärtsgeschäfte-Gesetz (the “FAGG“) impose many information obligations on traders before the consumer is bound by a distance or off-premises contract, or any corresponding offer. Among other things, the trader must inform the consumer where the right of […]

Cannabidiols in Austria

By Michaela Pohl, Andreas Natterer Hypes come and go. What Bitcoin was for the financial sector in 2017 is currently cannabidiol, or “CBD” short, for the food industry. But how is the substance to be legally classified? The following article is intended to provide clarification.

Romania: Exit strategies: registering a share transfer when target shares are encumbered by third parties

By Iulia Caizer, Mădălina Neagu The stock market’s flexibility is its greatest selling point for publicly traded companies, as it allows a fast flow of capital while still enabling majority shareholders to implement fundamental corporate changes should they wish to exit the market. However, even with all of this flexibility, shares may not always be free of […]

Public mergers and acquisitions in Austria 2019

By Christian Herbst A Q&A guide to public mergers and acquisitions law in Austria. The country-specific Q&A looks at current market activity; the regulation of recommended and hostile bids; pre-bid formalities, including due diligence, stakebuilding and agreements; procedures for announcing and making an offer (including documentation and mandatory offers); consideration; post-bid considerations (including squeeze-out and de-listing […]

Latest Briefings

Significant Beneficial Ownership: MCA Releases Amended Rules

On 8 February 2019, the Ministry of Corporate Affairs (MCA) released the Companies (Significant Beneficial Owners) Amendment Rules, 2019 (New SBO Rules) to revise and amend the Companies (Significant Beneficial Owners), 2018 (Old SBO Rules). The New SBO Rules have once again kick-started the process of requiring significant beneficial owners to start the reporting procedures. […]

Bermuda’s beneficial ownership registers and privacy: status update and further observations

Bermuda companies, limited liability companies and partnerships have until 30 April 2019 to update or verify beneficial ownership information under Bermuda’s ‘beneficial ownership legislation’. Bermuda’s central register of beneficial ownership information is held on the Bermuda Monetary Authority’s (BMA) “Integra portal”, a secure online registration and filing system. Currently, under Bermuda law, the information on […]

Trusts vs. Foundations: What are the deciding factors?

Trusts have been around for a long time. Their use in the context of succession and wealth planning as well as philanthropy is well established. Foundations, on the other hand, are relatively new (certainly to common law jurisdictions such as Jersey) and as a result there are fewer of them. However, they are being increasingly […]

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Mayer Brown’s global promotions hit seven-year high

Mayer Brown is to make up 34 lawyers to partner next year, its highest global round since 2012 when 39 promotions took effect. Four City partners have been made up; employment lawyer Giles Bywater, banking and finance lawyer Merryn Craske and litigators James Morris and James Whitaker. Morris trained at Nabarro and Craske at Baker McKenzie, […]

Shiseido GC leaves for US vape company

Shiseido Group’s general counsel Elaine Hutton has taken on a new role at San Francisco-headquartered e-cigarette company JUUL. Hutton is understood to be JUUL’s first European legal director in London and will act as the corporation’s associate general counsel. JUUL is a spin-off from Pax Labs, which started in 2017. It currently has more than half of […]

Serjeants’ Inn Chambers defends judicial review challenge to party conference accreditation system

In R (Segalov) v Chief Constable of Sussex Police & Chief Constable of Greater Manchester Police, the Claimant, a Labour Party member and journalist challenged the decision to refuse him police accreditation to attend the 2017 Labour Party conference and also the police system for party conference accreditation itself. James represented Greater Manchester Police, who host […]

Karanovic & Partners advises Precision for Medicine on its acquisition of Argint International

Karanovic & Partners advised Precision for Medicine, part of the Precision Medicine Group, on its’ cross-border acquisition of Argint International. The transaction is part of Precision’s global growth plan, and the company’s European footprint now includes offices in Edinburgh, Paris, Berlin, Geneva, Budapest, Bucharest, Bratislava, and Belgrade. The Karanovic & Partners legal team was led […]

BT reels in new litigation head from TLT

BT has ushered in a new director of legal for litigation, hiring investigations partner Michael Isaacs from Bristol-headquartered firm TLT. Isaacs’ career has spanned a range of different roles, both in-house and in law firms. Before his 11-month stint at TLT, he was head of banking and finance litigation at Pinsent Masons from 2013 to […]

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