In light of the spread of coronavirus infection Covid-19 and in addition to quarantine regime, Uzbekistan has undertaken a number of other measures aimed at mitigating risks and maintaining the normal functioning of business activities, including the banking sector. On March 26, 2020, the Central Bank of the Republic of Uzbekistan (the “CBU”) made the […]
Regulation for refund of value added tax (“VAT”) paid by individuals, who are consumers, for goods (except for oil and gas products) purchased from persons engaged in retail trade or public catering in the territory of the Republic of Azerbaijan (“Regulation”) has been adopted by the Decree of the President of the Republic of Azerbaijan […]
By Vladimir Komarov The ” Black swan ” of coronavirus has already led such economic sectors as tourism, air transportation, hotel business, and non-food retail to a deep crisis. We can confidently predict that violations of contractual obligations, unilateral termination of contracts and other consequences of the disease and measures to combat it will affect […]
Taking into account the epidemiological situation in the world, as well as the need to ensure macroeconomic stability and stimulate foreign economic activity, the Government of the Republic of Uzbekistan regularly puts in place a number of measures to support the population during the period of combating the spread of coronavirus infection.
Tatyana Popovkina and Mirzaaziz Ruziev Limitations set in order to prevent spread of coronavirus infection affect all business processes, including employer-employees labour relations. In accordance with the Decree of the President of the Republic of Uzbekistan ‘On priority measures to mitigate the negative impact on sectors of the economy by the coronavirus pandemic and global […]
The screening of foreign direct investments (FDIs) has been a hot topic for some time now across CEE (as also covered here). Several jurisdictions have adopted stricter measures of scrutiny allowing for the vetting of transactions potentially posing security risks. In line with this trend, the Romanian Competition Council has put forward new draft legislation aimed at tightening the existing FDI screening rules. This draft is subject to public debate until 6 October.
The Government has extended its moratorium, preventing the eviction of commercial tenants for non-payment of rent, until the end of 2020.
Collyer Bristow LLP were instructed by Trattamento Rifuiti Metropoliani SpA (“TRM”) in proceedings issued by BNP Paribas SA (“BNPP” or the “bank”).
By Shaun Zulafqar As the world begins to move out of lockdown measures in response to COVID-19, companies and their boards will begin to reassess their business continuity plans not only to further strengthen them in the event of another incident or a second wave but also to identify lessons learned and develop narrative reporting […]
An increasing number of businesses are choosing to return to the physical office, whether that be once or twice a week, or full time. Either way, it is vital that employers ensure that the work environment meets the strict health and safety standards necessary in order to avoid outbreaks of COVID-19 amongst staff members. This […]
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The Lawyer Awards is going virtual for 2020! The ceremony, in association with Travelers, will take place online on the afternoon of 3 November. Visit the awards website to register. Who is in the running for the coveted awards in 2020? The full shortlist is below… Barrister of the year Allison Clare, Red Lion Chambers […]
Two senior lawyers have resigned from DWF’s advocacy division, The Lawyer can reveal; a group set up in 2017 to provide clients with an alternative to the external Bar. Jonathan Robinshaw and Sahar Farooqi are both set to leave the firm, having held the titles of head of advocacy and director of advocacy respectively. Robinshaw has […]
DWF’s Brussels team is set to join Crowell & Moring, after the former closed its Belgian outpost as part of a wider restructuring exercise. Head of DWF’s WTO & international trade practice Vassilis Akritidis will join Crowell on 1 October with associate Lorenzo Di Masi. It is understood that at least one other associate is […]
Osborne Clarke has pledged to reimburse reduced salaries if the firm hits its year-end targets, after introducing the measures to combat the financial pressures of the pandemic. The firm implemented several cash conserving measures in May to help it manage the impact of the lockdown, including a seven per cent pay cut for staff earning […]
After announcing growth in both turnover and average profit per equity partner (PEP) for 2019/20, Russell-Cooke has confirmed it is repaying staff who took pay cuts over lockdown. Reduced salaries in line with fewer working hours was just one of the Covid-19-related measures introduced by Russell-Cooke in spring, as the firm also deferred partner profit […]
Outer Temple has voted in a new head of chambers, following the retirement of Christopher Gibson QC earlier this year. Gibson will be replaced by Sarah Crowther QC – who is the set’s first female head of chambers. She has also been appointed as Outer Temple’s head of health. Crowther was called to the Bar […]