Client Alerts
ZIK – Die Anfechtungstatbestände der Insolvenzordnung als „schwerwiegende Rückforderungsvereinbarungen“ gem Art 20 STS-VO?
Der von Matthias Schimka verfasste Beitrag "Die Anfechtungstatbestände der Insolvenzordnung als „schwerwiegende Rückforderungsvereinbarungen“ gem Art 20 STS-VO?" wurde am 18. März 2021 in der ZIK 2021/8, Heft 1/2021 veröffentlicht....
Follow-up: Zeitlich begrenzte Änderungen der Prospektverordnung ab 18.3.2021
Die Europäische Kommission hat am 24.7.2020 ein Maßnahmenpaket für die Erholung der Kapitalmärkte verabschiedet, welches unter anderem Vorschläge für Anpassungen der Verordnung (EU) 2017/1129 beinhaltet. Dieses Maßnahmenpaket wurde am 16.2.2021 vom Europäischen Parlament und dem Rat der Europäischen Union in einer adaptierten Form als Verordnung (EU) 2021/337 beschlossen und tritt ab dem 18.3.2021 in Kraft. […]...
The consumer finance law review: Austria
Mimo Hussein authored the Austria chapter of "The Consumer Finance Law Review" - 5th Edition....
The prospects for the Ukrainian “Google tax”
On 17 February 2021, the draft Law No. 4184 introducing Ukrainian VAT on certain services provided by non-Ukrainian companies via the internet (the so-called “Google Tax”) passed the first reading in the Ukrainian Parliament (the “Draft Law“). The Draft Law is subject to further parliamentary consideration, and in order to become a bill, it must […]...
New state of emergency and stricter Covid rules for employers in the Czech Republic
In addition to the new state of emergency in the Czech Republic that runs until 28 March 2021 and further general restrictions, employers now face stricter measures affecting the workplace. The following are now in effect: Travel between districts (okres) is allowed only where necessary (which permits travel for work) Surgical masks must be worn […]...
Trends and developments in Ukrainian investment regulations
Ukrainian governmental authorities have been actively promoting investments, particularly foreign investment, in Ukraine. Growing appreciation among state authorities that Ukraine has been competing for foreign investment has led to the adoption of laws aimed at facilitating/increasing it. However, as the authorities have come to the conclusion that certain industries and businesses are of a critical […]...
Wirtschaftsrechtliche Blätter – Digitale Finanzplattformen zur Emission von Schuldscheindarlehen
Digitale Finanzplattformen als Alternative zum analogen Kapitalmarkt am Beispiel des Finanzinstruments Schuldscheindarlehen. Der Einsatz von DLT-Systemen und auch der Blockchain-Technologie zur Emission und Abwicklung von Finanzinstrumenten. Der Aufsatz erörtert innovative Geschäftsmodelle digitaler Finanzplattformen im Hinblick auf die rechtlichen Rahmenbedingungen zur Schaffung eines digitalen Kapitalmarkts....
New type of company structure in Poland will create novel solutions for businesses
Starting from 1 July 2021, a new company structure option will be available for businesses in Poland: a simple joint-stock company (prosta spółka akcyjna). This development constitutes an opportunity for existing companies to facilitate their business model and introduce new solutions unavailable in the previous form. However, as these are untested waters, the uncertainties as […]...
Energy traders in Hungary have already felt the impact of the new EKR system
Beginning in 2021, the energy efficiency obligation system (EKR) was introduced in Hungary initiated by the Ministry of Innovation and Technology. The EKR will impose significant energy efficiency obligations and onerous sanctions on the affected license holders. Therefore, it is important to be familiar with the system, most importantly because it is already in force […]...
Foreign investors need to comply with new FDI rules in the Czech Republic as of 1 May 2021
Starting on 1 May 2021, foreign investors will need to comply with new FDI rules in the Czech Republic. The new rules are broad, meaning that an investment of any kind, intended or made (completed) by a foreign investor which potentially endangers the security of the Czech Republic or its public or internal order, may […]...
Slovenia amends the companies act: Implementation of shareholder rights directive II, amendment of corporate governance rules
On 9 February 2021, the long-awaited amendment to the Slovenian Companies Act was published. The majority of the changes concern the implementation of the Shareholder Rights Directive II and the Commission Implementing Regulation (EU) 2018/1212, amendments to corporate governance rules and stricter rules for the establishment of companies. The harmonisation of Slovenian corporate law with […]...
Private equity driving growth in CEE
INVEST EUROPE REPORT: CREATING VALUE AND CONTINUED GROWTH Central and Eastern Europe (CEE) now boasts over 30 years of growth and development since its ‘restart’ in the early 1990s, and private equity has been a part of the story since the beginning. As CEE and Europe as a whole have continued to develop, investment themes […]...