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 …
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 …
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, …
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 …
The Ministry of Health, Labour and Welfare of Japan (MHLW) announced on 11 September 2020 that the number of employees who have been terminated (or will be terminated) from their employment in connection with the Covid-19 pandemic had reached 54,817 (including 25,334 non-regular employees). The Covid-19 pandemic continues to have a significant impact on the …
Sainsbury’s makes cuts to adviser panel Herbert Smith Freehills and DAC Beachcroft were among the firms to win spots on Sainsbury’s most recent legal panel, with the supermarket chain cutting its roster by a third with 11 spots reduced to eight.
James Stebbing talks to The In-House Lawyer about breaking into sports law, working with two of rugby’s best-loved sporting brands and what the Covid-19 pandemic means for next year’s South African tour and beyond.
A growing gig economy, automation, Brexit… the threats to UK employment were already growing. Then a global pandemic hit. As life is redrawn and rebuilt on a near-daily basis by Covid-19, employment lawyers are struggling to recontextualise existing laws while grappling with the ever-changing guidelines being churned out at dizzying speed. Kathryn Dooks, a partner …
As general counsel for one of the UK’s premier record companies, Rupert Skellett tells The In-House Lawyer about the realities of being at the forefront of negotiations with some of the world’s most exciting artists.
