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On 10 December 2021, the President of Ukraine signed the Law “On Mediation” (the “Mediation Law”), which was already passed by the Parliament of Ukraine. The Mediation Law will come into effect immediately upon publication. BACKGROUND The economic crisis of the last few years and the outcomes of the pandemic have forced businesses to reflect […]...

The Croatian government aims to increase the percentage of vaccinated persons (currently approx. 50%). Topics concerning vaccination raise a number of questions for employers. An EU Covid Certificate or testing is generally only mandatory for employees and visitors of public or health care institutions (certain exceptions may apply). It is not yet clear whether any […]...

The International Comparative Legal Guide – Foreign Direct Investment Regimes 2022 is a critical resource for legal practitioners and industry specialists who are looking for detailed and up-to-date information on FDI Regimes in the CEE/SEE region and beyond (including any relevant changes stemming from Covid-19). Combining high-level policy analysis with a clear breakdown of procedural […]...

On 18 November 2021, the Parliament of Ukraine adopted the Draft Law “On Insurance”, No.5315 (the “Insurance Law”). This law has been heavily supported by the National Bank of Ukraine (the “NBU”), which has recently become the insurance market regulator. The Insurance Law is expected to be signed into law by the President of Ukraine. […]...

The unforeseen energy market conditions this year – in particular the dramatic increase of the electricity prices – have posed a significant challenge for producers participating in the KÁT (feed-in-tariff) and METÁR (premium support) support schemes in Hungary. Regarding the KÁT system, the subsidised price is currently lower than the market price. The METÁR producers […]...

The Polish Deal brings more surprises than the Government’s announcements would suggest. In the Government’s draft changes published last week, there were proposals that will significantly affect employers and Board members – in a negative way, of course.   ...

In-depth information on current market conditions and insolvency case developments By Eva Spiegel and Alexander Zollner This detailed overview of insolvency law, metrics and proceedings in Austria provides both practitioners and business readers with a clear picture of the underlying legal framework and policy, along with a sharp picture of ongoing developments in Austria, including […]...

In response to the 4th wave of the pandemic, the Government Decree 598/2021 (X. 28.) (the “Government Decree“) in Hungary grants employers the right to unilaterally choose to require their employees to be vaccinated against COVID-19.   Employers should take into consideration the following when requiring vaccination: Based on the wording of the Government Decree, […]...

A new draft law in Romania prevents access to the workplace absent a Covid-19 Green Certificate. The new measures are applicable during the state of alert for, among others, all employers (public or private) which have offices in buildings where there are more than 50 people at a time. The draft law is a result […]...

Introduction Earlier this month, some important legislative changes were announced regarding the METAR tender, which aims to support renewable energy producers. The most significant amendments to NFM Decree 62/2016 (XII. 28.), which contain the rules of the tender procedure, entered into force on 2 October 2021. NFM Decree 63/2016 (XII. 28.) on the detailed rules […]...

Despite the approach of the fourth wave of Covid-19 in Poland, employers are becoming bolder in expressing their desire to return to a regular working pattern. The fact that we are slowly getting used to Covid-19 has resulted in approximately 88% of employers wanting their employees to return to their offices. Is this the best […]...

Private equity had a strong start in 2021, and its popularity only continues to rise, with significant activity in Central and Eastern Europe. It is an important segment of the M&A market, and projections for continued investment remain high. Understanding the local investment landscape and legal requirements surrounding private equity is a fundamental first step. […]...