The board of the future | DAC Beachcroft

Legal Briefing

Lockdown was, and it’s aftermath is, the leadership challenge of a generation. Our world has not just been shaken; it’s been permanently shifted. The pandemic has firmly put the quality of business leadership under the spotlight. Senior members of legal departments, board members or not, have an organisation-wide perspective on how businesses are adapting. Informed …

Doing business in Vietnam | LuatViet

Legal Briefing

While controlling the waves of the Covid-19 pandemic, Vietnam continues to position itself as an attractive investment destination in the Asia-Pacific region despite the ongoing US-China trade war. As a promising proposition for foreign investors, Vietnamese lawmakers have recently introduced several major changes to its investment-related legislation with the new Law on Investment (LOI) 2020 …

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 employment relationship in company acquisition and restructuring in China | AnJie

Legal Briefing

Company acquisition and restructuring often bring about a change in the acquiree’s business strategy, direction, organisation and personnel structure. These can affect the employment relationship between the acquiree and its employees as well as sometimes the employment affairs of the acquirer. Acquisition can be divided into asset acquisition and equity acquisition. This article analyses how …