A Financial Times journalist reporting on the successful approval of a company voluntary arrangement (CVA) by the creditors of JJB Sports plc (JJB) in May 2009 referred to CVAs as:
On 1 March 2010, the European Commission conditionally cleared the proposed merger between Orange UK Ltd (Orange) and T-Mobile (UK) Ltd (T-Mobile), during phase one of its investigation. To resolve the Commission’s competition concerns, the parties have agreed to amend an existing network sharing agreement with Hutchison 3G UK Ltd (H3G) and to divest a …
Continue reading “Commission clears Orange and T-Mobile merger with conditions”
The boom in the Indian economy has been accompanied by an increase in the perception of India as a lucrative avenue for employment. The employment of foreign nationals, especially as skilled or super-specialised labour in areas such as information technology, oil and gas, power projects or to lead Indian operations of multinational companies, is a …
Continue reading “Indian government prescribes new guidelines for work visas”
On 10 February 2010 the Secretary of State for the Home Department, Alan Johnson, announced that foreign students from outside Europe wishing to come and study in the UK would be required to meet stricter entry criteria. The announcement follows the Prime Minister’s announcement of a review of the Tier 4 route under the points-based …
Continue reading “Tier 4 student visas: tough new rules for foreign students”
In principle, there can be no argument that someone who commits an offence in one country should be able to avoid justice by fleeing to another. Generally, it is likely to be in the interests of justice for the trial to take place in the country where the crime was committed. Provided that fundamental human …
After advising a client on merging a group of companies across several countries, we realised there was a need for a firm-wide effort to research and compile a guide on how to successfully carry out multijurisdictional mergers. The project focused on the 12 countries in central, eastern and south-eastern Europe (CEE and SEE) where Wolf …
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The beginning of 2010 has been marked by several important tax cases, which stand out either because they are indicative of the attitude of tax authorities or concern points of law that might have consequences for all taxpayers.
In a contractual dispute (or indeed any dispute), involving at least one party domiciled in an EU member state, the choice of jurisdiction will be governed by Brussels II (Council Regulation (EC) No 44/2001). This regulation sets out when the courts of a member state should have jurisdiction. It also allows the parties to opt …
Continue reading “Jurisdiction clauses: clear and precise incorporation is needed”