There is a well-known difference between common law systems and civil law systems when it comes to evidence gathering. Because of that difference, citizens in common law regimes tend to believe that their jurisdiction is more favourable with regards to evidence gathering as what is known as the discovery process compels parties to communicate the …
Behnam Khatami, Hooman Sabeti and Amir Mirtaheri of Sabeti & Khatami discuss the opportunities and challenges of the Iranian market.
Shareholders’ disputes, in some cases, are like a divorce. Business partners work for years together, and eventually build up a successful business empire, only to find that it is time to go separate ways. In the unfortunate event that the break-up is painful and shareholders have to proceed with unfair prejudice proceedings, what would be …
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Since 2018, Hungary has a new act on civil court procedures (Act CXXX of 2017 – the Act) which has brought about significant reforms after 50 years. The reforms were aimed at healing previous shortcomings, such as lengthy and tedious procedures, and making court cases concise, yet professional in quite a tight structure. As almost …
The principles that preside over employees inventions in France are well defined by the law. Indeed, article L611-8 of the French Intellectual Property Code (IPC) clearly defines the rules of ownership of invention and remuneration, for various situations, which differ depending on whether the employee has an inventive mission or not.
Class actions are a widely-used litigation practice in Israel and have been so for years. Illustratively, in each of the last three years, over 1,200 new motions to certify class actions were filed. Many of these claims were filed against multinational and foreign corporations concerning their operations in Israel. In fact, one might struggle to …
Continue reading “Class actions in Israel – a cautionary tale for international corporations”
With its population of just over 5.8 million, Denmark is home to powerhouses such as Mærsk, Carlsberg, Vestas and Novo Nordisk, and provides a welcome environment for arbitration – legislation and judgments are supportive, its legal approach bridges common and civil law, and the Danish Institute of Arbitration delivers a succinct and cost-effective means of …
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The Taiwan government has been actively promoting fintech development and there have been several major developments recently. The primary regulator of the financial services industry, the Financial Supervisory Commission (FSC), introduced the ‘regulatory sandbox’ in 2018 and several fintech experiments have been launched since. In June 2019, the FSC announced that it will regulate security …
Efforts to provide more protection and encouragement to whistleblowers in the UK have taken a significant step forward this year – a stark reminder that now is the time for businesses to review their own procedures and policies.
In order to merge well, one must merge wisely. This requires the application of a two-step approach: First, a methodically conducted preparation of the filing by close interaction with all parties involved (both on factual and legal grounds), and secondly, a notification procedure which is handled in a responsible, transparent and trustworthy manner vis-à-vis the respective authority.