The Russian M&A market since the outbreak of the global pandemic | VK Partners

Legal Briefing

Economic environment overview The Russian economy was greatly affected by the global epidemic and the decline in business activity. Economic performance was influenced by the OPEC+ oil pact, the drop in oil prices and the volatility in the dollar exchange rate. However, those difficulties were overcome relatively well, since the government implemented support measures to …

Healthy competition

Feature

When discussing the current direction of antitrust regulation, Carles Esteva Mosso, a partner in the competition practice at Latham & Watkins’ Brussels office puts it succinctly: ‘In Europe, we are seeing an evolution towards more intense merger enforcement.’ At a national level, many jurisdictions appear to be keen to occupy a role at the forefront …

Spotlight on Germany – the new Digitalization Act | Latham & Watkins

Legal Briefing

With its enactment of the new German Digitalization Act (GWB10) on 19 January 2021, Germany became one of the first countries to upgrade its statutory toolbox to tackle the (perceived) market power of digital giants. The most prominent tools aim to address behavioural and structural market deficiencies (paras 19(1a), 20(3a)) and ease data access (paras …

New UK government powers to block deals on national security grounds | Brodies

Legal Briefing

The National Security and Investment Act 2021 completely overhauls the UK’s approach to government screening of investments. It will create a free-standing regime with unprecedented new government powers to investigate and block acquisitions (of entities or assets) on security grounds. Expected to be in force by the end of the year, the Act could be …

A lawyer studies on her laptop late at night

The overnight experts

Feature

After a few video calls, it takes only a cursory kick of the tyres to discern that employment lawyers have had a crazy year. ‘Crazy’ almost does not cover it – you would be hard pressed to identify an area of law that experienced more change in the last year, in both the rate of …

The workforce of the future: key HR legal considerations | PwC

Legal Briefing

Over the last couple of years, organisations have been working through a significant transformation journey in the way they work and operate. Automation and technology are replacing or significantly impacting human tasks and jobs, changing the skills that organisations require in their workforce. At the same time, workforces are demanding a new ‘deal’, with organisations …

Termination for ‘change of situation’ or layoff – which to use for cutting employment? | AnJie Law Firm

Legal Briefing

The Covid-19 pandemic has presented an unprecedented challenge to the global economy. A lot of businesses ran into severe difficulty and even went on the verge of bankruptcy. Many employers cut employment directly by terminating employment contracts with employees instead of reducing salaries or arranging for employees to await job assignments to reduce labour costs. …

Mexico’s outsourcing ban: rethinking current employment structures | Ibarra, del Paso y Gallego

Legal Briefing

After a series of long-winded negotiations between the federal government, employees’ representatives and the entrepreneurial sector, the Mexican Congress approved, and the federal government enacted on 23 April 2021 the much prophesied labour reform to ban outsourcing through significant amendments to the Mexican Federal Labour Law (FLL), Federal Fiscal Code, Income Tax Law and Value …

Employment law in Malaysia – an overview/recent developments | Shook Lin & Bok

Legal Briefing

In Malaysia, employment issues are governed primarily by statute and contract. In respect of enterprises with large scale workforces, which would include the financial, manufacturing, industrial and plantation sectors, collective agreements between employers and registered trade unions are important in regulating the employment relationship between the parties.