The latest updates of the most significant developments in our countries of operation, covering: Bulgaria, the Czech Republic, Hungary, Kazakhstan, Romania, Serbia, Slovakia, Turkey, Ukraine and Uzbekistan.
The current global pandemic situation has dire consequences for the energy & natural resources sector, including on energy and petrochemical development projects and revamp / refurbishment projects across the sub-systems in the energy & natural resources plethora.
The Romanian government is taking active measures to reduce the implementation of redundancies and support employers by bearing employee-related costs during the state of emergency declared via presidential decree on 16 March 2020.
Despite starting to work from home from mid-March, the Turkish Competition Authority (“TCA”) concluded several investigations and merger control filings last month. The number of decisions resembled an ordinary, if not busy, month for the TCA. We expect to see the impacts of the outbreak on the case load starting in May.
We summarize the most recent measures adopted by the Turkish government and the Turkish banks in order to minimize the effects of COVID-19 outbreak on the public and the economy.
The ‘lockdown’ has been slightly relaxed in England but much less so in the other three nations. In England, this relaxation was announced by the Prime Minister in a nationally televised address at 7pm on a Sunday. By 7am the next day, there was considerable uncertainty as to what he meant and from when he meant things to change.
COVID-19 continues to cause unprecedented disruption to all business operations, which includes the annual corporate calendar for listed public companies when preparing and filing accounts, holding AGMs and making dividend payments to their shareholders. Below is a summary of the key considerations.
Mozambique’s banking sector continues to undergo significant legislative reform.
As the UK remains in lockdown as a result of the Coronavirus pandemic, uncertainty abounds about when a return to “normal” life can be expected. Government commentary suggests social distancing may continue for the rest of the year, raising questions about how to effect a safe return to work.
On 24 April 2020, the Lord Chief Justice announced the establishment of a judicial working group to consider ways to re-start some jury trials once it is safe to do so.
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PwC Legal has lost another partner from its London ranks, with a longtime corporate lawyer set to leave for Forsters. Starting in June, partner Stuart Hatcher will join the nine-strong corporate team of the West End firm. He joins after 13 years in the legal ranks of the accountancy firm, where he assisted startups and […]
A claim has been issued against EasyJet by PGMBM, formally known as SPG Law, after it emerged that nine million people’s data was accessed from the airline’s servers. The firm has instructed barristers from Serle Court – who are also working with the firm on its claim against British Airways for its data hack a […]
Wealth solutions provider Lombard International has finalised its panel process, with two magic circle firms making it onto the roster. Baker McKenzie, DLA Piper, Linklaters and Allen & Overy have all landed places on the panel, which will be overseen by Lombard’s general counsel Monica Risam. She joined Lombard from Aviva at the start of 2018, […]
While many City firms are setting out their plans on how to return to the office, Slater & Gordon is instead opting for a different working future altogether. Following the application of remote operations during lockdown, the firm is now set to work from home for the “majority of the time” in a bid to […]
All the latest developments on what firms are doing in response to the coronavirus spread. Contact firstname.lastname@example.org if you have further updates.
Independent Italian outfit Pavia e Ansaldo has carried out redundancies and taken new financial measures, with law firms in the country still reeling from the long lockdown period. The firm has made redundant a series of professionals that includes one of counsel and four associates, as well as one trainee and two interns. The firm […]