Two-minute recap of recent developments in Turkish competition law – August 2020

In August, the TCA — which three months ago launched an investigation into German automotive giants Audi, Porsche, Volkswagen, Mercedes-Benz and BMW — initiated an investigation against other players in the Turkish automobile industry.

Related briefings

Screening of foreign investments into the Czech Republic

September 2020 – Following the adoption of Regulation (EU) 2019/452of the European Parliament and of the Council of 19 March 2019 on establishing a framework for the screening of foreign direct investments into the Union (the “Regulation”), the Czech government decided to regulate this area and to seek to pass a law on the screening of foreign investments. The Czech Ministry of Trade and Industry (the “Ministry”) has submitted a bill on the screening of foreign investments on the basis of which it will be possible to control and eventually ban certain foreign investments into Czech companies (the “Bill”).

Development of artificial intelligence in Bulgaria until 2030

The Bulgarian Ministry of Transport, Information Technology and Communications has released a new draft strategy entitled Concept for the Development of Artificial Intelligence in Bulgaria until 2030. It aims to define focal areas for building scientific and expert capacity for the development and implementation of AI systems and to build on the measures and activities set as a priority in other relevant national strategic documents, including in particular “Vision, Objectives and Priorities for the National Development Program: Bulgaria 2030.”

Asset yield podcast – August 2020

Welcome to Asset Yield, the podcast series of Kinstellar C/SEE Asset Solutions, where we interview principal investors, originators, advisors, and funders in the world of non-performing and non-core assets of all classes, bringing you front line market insights.

Latest Briefings

EU-US Privacy Shield for data transfers ruled as invalid

The Office of the Data Protection Authority in Guernsey (ODPA) has warned companies in the Bailiwick to be aware of the recent Court of Justice of the European Union (CJEU) judgment which affects all businesses who transfer personal data outside of the Bailiwick and the European Union (EU).

Recognition and Assistance for PRC Insolvency in Hong Kong

Synopsis A recent case in Hong Kong, has demonstrated both the ability and willingness of common law courts to recognise insolvency appointments made by the courts of the People’s Republic of China (‘PRC’), and to grant appropriate assistance at common law. It is to be hoped that this proven track record will pave the way for easier recognition of common law court appointed liquidators in PRC, where, unlike in common law countries, such recognition is subject to the principle of reciprocity.

New LCIA Arbitration Rules: In force on 1 October 2020

The London Court of International Arbitration (LCIA) recently released its updated arbitration rules (the “2020 Rules”) which will come into force from 1 October 2020 and will apply to any arbitration commenced under the auspices of the LCIA on or after this date. The 2020 Rules, in the LCIA’s own words, aim to make the arbitral processes “even more streamlined and clear” for arbitrators and parties alike. We summarise nine key changes and one omission.

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