Greek Law 4706/2020 (the Law) will take effect in July 2021. The Law brings about broad reforms in the landscape of corporate governance, aiming to upgrade compliance standards, enhance transparency and restore investor trust. Following is an overview of selective key aspects of the Law, together with our preliminary assessment of the proposed new approach.
Transactions for the transfer of assets of commercial enterprises, and commercial enterprises in toto, have always been somewhat controversial under Turkish law. A threshold issue is whether, under applicable law, the divested asset(s) comprise the seller’s total enterprise. In this respect, it is important to start with the definition of an asset transfer under Turkish …
Continue reading “Substantive and procedural issues in asset purchases under Turkish law”
If it could be said that the Covid-19 epidemic had any merit, it would be its unequivocal demonstration that many work activities don’t need to be performed in a workplace.
The Covid-19 pandemic has presented numerous new challenges to companies across the world, including in Norway. A number of new issues and problems had –and still have –to be assessed and addressed at a very short notice. The large volume of new temporary legislation has targeted some of the immediate issues companies were faced with. …
One of the things the Covid-19 pandemic has taught us is that most work can be performed remotely. But even before worldwide lockdowns, some individuals have been using technology to replace their offices with exotic locations around the world. They are ‘digital nomads’ and their numbers have been increasing rapidly in the last couple of …
If you were asked to name a well-known example of a class action, the first one to spring to mind might be Hollywood’s Erin Brockovich, based on the true story of a Californian community that claimed for damages against an energy corporation for suspected groundwater contamination, and secured a multi-million-dollar settlement. Although the likes of …
Continue reading “Class actions in the UK: preparing for a changing landscape”
India has one of the most transparent and liberal foreign direct investment regimes among the emerging and developing economies. Any foreign investment proposed to be brought into an Indian entity, either by way of subscription or purchase of securities, is governed by the Foreign Exchange Management Act 1999, Foreign Exchange Management (Non-Debt Instrument) Rules 2019, …
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 …
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 …
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 …
Continue reading “Appealing a decision by the CMA in a merger review”