Continue reading “Brexit’s implications for UK antitrust enforcement”
The last two years have seen significant developments and unexpected turns in the financial restructuring market. The impact of the Covid pandemic precipitated an immediate and significant uptick in the level of corporates facing underperformance and distress, only to be followed in 2021 by an incredibly ‘hot’ financing market and significant drop-off in corporate default rates – a consequence, among other things, of unprecedented levels of government support provided across the major global economies, an active M&A sector, a low interest rate environment and strong asset valuations. Continue reading “The UK financial restructuring market”
Ankara’s 13th Administrative Court (‘Administrative Court’) annulled1 the Turkish Competition Board’s (‘Board’) decision, dated 3 September 2020 and numbered 20-40/553-249, rejecting the exemption application of Johnson & Johnson Sıhhi Malzeme Sanayi ve Ticaret Ltd. Şti. (‘J&J’) (‘Board’s decision’). Continue reading “Selective distribution systems in the pharmaceutical sector”
Consistent with global M&A activity, 2021 was a busy year for the Competition and Consumer Protection Commission (CCPC) with 74 merger clearances. Banking and financial services attracted the most significant merger reviews. Continue reading “Headline trends in merger control and competition law enforcement in Ireland”
The Irish restructuring and insolvency regime is well-established and internationally recognised. The underlying principles have been heavily shaped and influenced historically by the common law system and in recent years have been integrated in the EU framework under the Recast Insolvency Regulation, augmented by the provisions of the Rome Regulation and Recast Brussels Regulation. Continue reading “Irish insolvency procedures and international restructurings”
More than two years into the Covid-19 pandemic, there appears to be no end in sight for the infectious disease. New cases in the Philippines are again increasing, with the daily new cases breaching the 2,000 mark anew due mainly to the more transmissible variants of the virus. Continue reading “Covid-19 vaccination and alternative work arrangements in the Philippines”
After the world was literally locked up by the global Covid measures, everyone was ready to get back to work, to do business, to develop, to meet business partners and to travel. But a shortage of personnel seems to be curbing these ambitions of many entrepreneurs. Continue reading “Dutch employment law – exciting and complicated”
On 26 January 2017, Puerto Rico enacted Law No 4-2017 (Law No 4-2017), a far-reaching statute known as the Labour Reform Act, which amended most of the existing labour and employment legislation in the jurisdiction. Continue reading “Knives out for labour reform: major rollbacks to Puerto Rico’s 2017 Labour Reform Act expected”
In 2019, right before the coronavirus pandemic, the Japanese government introduced the so-called ‘Work Style Reform’ which aimed to (i) reduce the infamous long working hours of Japanese workers, (ii) introduce flexible and diverse work styles, and (iii) ensure that all workers receive equal treatment. This shift towards a new work style was accelerated by the coronavirus pandemic of 2020 through the widespread adoption of teleworking, as we shall explain below. Continue reading “The new style of working in Japan – ‘Work Style Reform’ and teleworking”
I have been advising employers and senior executives on whistleblowing issues for over 20 years. In fact, the Public Interest Disclosure Act 1998 (‘PIDA’) came into force just as I qualified. In recent years, we’ve seen whistleblowing claims get significant global media coverage, and whistleblowers putting the spotlight on a wide range of illegal and public interest issues. Continue reading “‘Spilling the Beans’”
Under Republic Act No 10142 (Financial Rehabilitation and Insolvency Act of 2010 (FRIA)), which governs proceedings for the rehabilitation and/or liquidation, insolvent juridical debtors may undergo: (1) rehabilitation; or (2) liquidation proceedings. Continue reading “Rehabilitation and liquidation proceedings in the Philippines”
Nokia and the Minority Corporate Counsel Association (MCCA) have launched a global law firm survey that will allow firms to assess and advance efforts that promote equity, inclusion and diversity. Continue reading “Significant matters – Summer 2022”