In a short period of time, and without any change in UK law, the CMA’s enforcement of UK merger rules has become much more interventionist. Can you explain how CMA enforcement has changed?
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 …
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.
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.
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.
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 …
Continue reading “The new style of working in Japan – ‘Work Style Reform’ and teleworking”
Introduction 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’).
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 …
Starting with Irish merger control, how would you sum up activity in the past 12 months in Ireland? 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.
Introduction 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.