With Schoenherr, Moldova averts lion’s share of US investors’ claims in ICSID arbitration

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Austrian Constitutional Court declares percentage Cap of Copyright Levies null and void

By Adolf Zemann, Guido Kucsko Copyright levies on recording media have been occupying the Austrian courts, courts of other Member States and the CJEU frequently over the last few years. A recent decision of the Austrian Constitutional Court adds another chapter to this never-ending story. The background Based on the InfoSoc-Directive (2001/29/EC), Member States must provide that […]

Hungarian Competition Authority revokes its decision clearing Digi’s acquisition of Invitel and imposes a significant fine

By Anna Turi The Hungarian Competition Authority (HCA) cleared the acquisition of sole control over Invitel Távközlési Zrt (“Invitel”) by Digi Távközlési és Szolgáltató Kft (“DIGI”) conditionally – with commitments – in May 2018. A few months later, it established that DIGI had intentionally misled HCA officials and therefore revoked the decision and imposed a fine on […]

Romania: Amendments to the tax law as of 1 January 2019

By Theodor Artenie, Anamaria Tocaci, Alexandra Barbu Emergency Ordinance No. 114/2018, on the establishment of measures in the field of public investments and of fiscal-budgetary measures, the amendment and supplementation of some normative acts and the extension of some deadlines, recently introduced a series of legal changes with a fiscal impact. Below we summarise the most important changes in […]

Austria: Decree forbids sale of CBD products

By Andreas Natterer, Michaela Pohl Exactly four months ago, we reported that the Austrian pastry shop Aida was starting to sell cakes containing CBD and explained the legal situation. In the meantime, everything has changed. Or has it? Although the sale of CBD products is booming in Austria and in Europe generally, Aida had to give away its […]

International comparative legal guide to: Merger control 2019

By Marko Kapetanović The International Comparative Legal Guides provide current and practical comparative legal information on a range of practice areas, following a Q&A format to ensure thorough coverage of each topic within different legal systems worldwide.

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The Securities and Exchange Board of India (SEBI) in its meeting held on 18 August 2018, besides reviewing the total expense ratio of the mutual fund schemes and agreeing to introduce united payment interface with ASBA facility for public issues, has also paved the way for further stimulating the bond market by removing the requirement […]

Brexit: What happens next?

By Trudy Feaster-Gee, Sue Harris Now that the House of Commons has overwhelmingly rejected the government’s Brexit deal, we take a look at what happens next and what it means for businesses. On Tuesday 15 January 2019, the House of Commons voted overwhelmingly to reject the Brexit deal negotiated between the government and the European Union. A […]

Implying ‘Braganza’ duties into mortgage contracts

By Christina Gill A recent High Court case has shed some light on the extent to which the courts may imply additional duties into mortgage agreements requiring lenders to make decisions by way of processes that would be “lawful and rational in the public law sense”. Banking Litigation specialist Christina Gill explains UBS AG v Rose Capital […]

The International Comparative Legal Guide to: Private Client 2019

By Philippe Pulfer, Olivier Sigg Welcome to the 2019 edition of The International Comparative Legal Guide to Private Client which I am delighted to introduce this year. The Guide covers a comprehensive and diverse range of articles that would pique the interest of any domestic or international practice client adviser. The publication is designed to provide readers […]

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