September 2020 – Yesterday, 22 September, the President of Ukraine signed the Law which amends the Law of Ukraine “On privatisation of state and communal property” (the “Law”), introduces parliamentary control over the privatisation of state property and “unfreezes” the preparatory procedures to privatise large-scale state-owned objects. The Law was adopted by the Ukrainian parliament on 8 September 2020 and will become effective after its official publication.
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.
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”).
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.”
On the 14th of May 2020, the European Commission decided to refer Cyprus to the Court of Justice of the European Union due to its failure to implement a national register of road transport companies.
A government campaign was launched in early August to actively encourage employees to return to the workplace in an attempt to boost the wider economy and revitalise city centres that had been left empty after months of lockdown. However, within two months, the pandemic appears to have taken a turn for the worse and the government announced yesterday that once again people should work from home wherever possible.
Conyers’ Counsel Audrey Robertson provides an overview and analysis of Aviation Finance and Leasing in BVI in Lexology: Getting the Deal Through Aviation Finance & Leasing 2020…
Producers and media companies are invited to utilise the Cyprus landscape and infrastructure and enjoy a variety of legal, corporate and tax incentives for filming in Cyprus under the new Cyprus Filming Scheme.
The temporary Covid-19 protections offered by the UK government to businesses to prevent them from being subject to winding up petitions or wrongful trading actions are currently due to expire at the end of September (although an extension is very possible).
An examination of the key features of the preferred investment vehicle for many Japanese investors.
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In a case concerning allegations of dishonest assistance and deceit, a judge has ordered Stevens & Bolton to disclose the legal advice given by the firm to defendants after Withers demanded to see documents protected by privilege. Withers, which represents the claimant, successfully challenged the defendants’ right to withhold disclosure of documents in a judgment […]
Stephenson Harwood has pulled of its second lateral hire in a matter of weeks, this time bringing in an IP partner from Bird & Bird. The firm has hired partner Tim Harris, who spent over 13 years at its UK rival. The lawyer, who joined Bird & Bird as an associate in 2007 and became […]
Firms’ back to the office plans may have been dealt a blow this week, but City recruitment continued with aplomb for the likes of Goodwin, Skadden and Simpson Thacher & Bartlett. Back to the office? Think again. By now, you might be thoroughly happy with your home-working set-up and enjoying a life sans tube, train […]
Addleshaw Goddard has overhauled its process surrounding work allocation for disputes lawyers, taking the responsibility away from partners. Previously, work was allocated to managing associates by partners but this has now been passed onto legal directors to give the firm’s junior lawyers a spread of work. The firm trialled this system in Manchester in 2019 […]
Gunnercooke is set to open two new offices, including its first international one, as its revenue hit £31m in the financial year 2019/20. The Manchester firm, which for years has been running a flexible model, will open a new office in Berlin in October. In addition, it is looking to open a fourth UK office […]
Skadden Arps Slate Meagher & Flom has brought in another magic circle partner to its City M&A team, this time from Freshfields Bruckhaus Deringer. The US firm has lured over partner Bruce Embley from Freshfields’ London office. Embley, who co-heads the firm’s global M&A client group, has been a partner at Freshfields since 2005. London-based, […]