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.

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NFTs: What about energy and climate issues?

The minting, transfer and even the sheer existence of NFTs require a lot of energy. But what is the reason for all this energy consumption and are there regulatory instruments to curb it?

CRD V finally implemented into Austrian law

A law implementing, among others, Directive (EU) 2019/878 amending Directive (EU) 2013/36 (Capital Requirements Directive – CRD V) has been passed by the Austrian Parliament and Federal Council, and has been published in the Federal Gazette. CRD V (as part of the package together with Regulation (EU) 2019/876 amending Regulation (EU) 575/2013 – CRR II) […]

Austria: Civil law aspects of selling a token – a random selection

If you are following our NFT self-experiment, you already know what an NFT is and what it stands for. If not, you might want to read more. The following article addresses a random first choice of civil law, contractual aspects to be precise, which the authors think are worth considering before you buy (or sell) […]

Latest Briefings

Moving to the Cayman Islands

Boasting an enviable lifestyle, modern infrastructure and a highly sophisticated financial services industry and all within a short flight of Miami and other US cities, the Cayman Islands check all the boxes for individuals seeking to relocate to a tax-neutral jurisdiction. As a result, the Cayman Islands have evolved into an increasingly popular place of residence for internationally mobile “remote-workers” and high-net-worth individuals from around the world.

FCA consults on new consumer duty in retail financial markets

Following the April 2019 publication of its feedback statement on a duty of care and potential alternative approaches, the Financial Conduct Authority (FCA) is consulting until 31 July 2021 on a new Consumer Duty that would set clearer and higher expectations for firms’ standards of care towards consumers.

Tech companies: three things you should know from the 2021-22 Quebec budget

The Québec Budget 2021–2022 includes measures encouraging investment to accelerate technology adoption and strengthens several tax measures aimed at the technology sector. The three key tax measures that tech businesses and entrepreneurs should know about are discussed below.

Workplace testing and vaccinations: What employers need to know

Workplace testing has proven to be a crucial piece in the UK government’s jigsaw to get British business back on its feet. But how can businesses implement a workplace testing programme and will the vaccine roll out make a difference?

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Crowell hires from Simmons for new City hire

Crowell & Moring has boosted its City offering with a competition recruit from Simmons & Simmons. Longstanding Simmons partner Peter Broadhurst moves across to the Washington-headquartered firm. His hire comes a month after Crowell gained two partners and four associates in London through its merger with New York boutique Kibbe & Orbe. They are made […]

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Presentation skills for lawyers: how to do anecdotes in video meetings

Regular readers will be aware of my embrace of storytelling in presentations and I have written on more than one occasion about the power that lies within a good story, well told. The anecdote in particular is a great way of personalising dull material, building empathy with your audience and leaving a short, sharp impression. […]

Ashurst promotes smallest cohort in five years

Ashurst has unveiled its smallest partner promotions round since 2016, with 14 new partners making the grade. Five of the new promotions – around 35 per cent of the total – are based in London, with one partner apiece in investment funds, finance regulatory., dispute resolution and two in corporate transactions. It is understood that […]

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