Appealing a decision by the CMA in a merger review | Linklaters

Legal Briefing

Contentious competition proceedings are on the rise. At Linklaters, our dedicated competition litigation team has been busy dealing with a marked increase in the number of judicial review actions challenging regulatory decisions, in particular in recent times in relation to merger decisions and related procedural infringements, with collective actions also on the rise in the …

Recent competition law developments in Turkey: hindering on-site inspections | ELIG Gürkaynak Attorneys-at-Law

Legal Briefing

Article 15 of Law No. 4054 on the Protection of Competition authorises the Competition Board to conduct on-site investigations at the premises of undertakings, if it deems it necessary. During the on-site inspection, Competition Authority officials assigned by the Board to conduct the inspection, are entitled to (i) examine the books, any paperwork and documents …

Merge well, merge wisely: getting the deal through | Haver & Mailänder

Legal Briefing

In order to merge well, one must merge wisely. This requires the application of a two-step approach: first, a methodically conducted preparation of the filing by close interaction with all parties involved (both on factual and legal grounds), and secondly, a notification procedure which is being handled in a responsible, transparent and trustworthy manner vis-à-vis …

Changes to the bankruptcy and restructuring legal framework in Oman | Al Busaidy, Mansoor Jamal & Co

Legal Briefing

While it has been in place since 1990, the legal framework governing bankruptcy and restructuring in Oman underwent a qualitative change in 2018 and 2019 with the issuance of the new Criminal Law (Royal Decree (RD) 7/2018) (the Criminal Law) and the Bankruptcy Law (RD 53/2019) (the Bankruptcy Law), which may have a significant impact …

Measures to mitigate the effects of the coronavirus pandemic on the Austrian economy | fellner wratzfeld partner

Legal Briefing

On 16 March 2020, the Austrian government imposed drastic measures to contain the SARSCoV2 virus, commonly known as Covid-19. The international Covid-19 crisis resulted in a seven-week complete lockdown in Austria, with only ‘critical infrastructure’ such as banks, supermarkets, pharmacies and hospitals remaining open for business. Simultaneously, the Austrian government applied several economic measures, attempting …

Post-Brexit recognition of English insolvency judgments in Luxembourg and its effects on European restructurings | Loyens & Loeff

Legal Briefing

European distressed debtors and creditors face uncertainty regarding English law-governed debt and, more generally, their overall restructuring strategy. This uncertainty arises against the backdrop of the UK’s imminent departure from the EU, the Covid-19 pandemic and turbulent markets. Many major out-of-court or in-court European debt restructurings use English law governed loan debt and Luxembourg-based debtors, …

The effects of Covid-19 on employment in Croatia

Legal Briefing

The Covid-19 pandemic brought significant disruptions to all aspects of life. No economy was immune to the unprecedented situation and all active businesses had to adapt their operation to the circumstances.