Client Alert

New amendments to the Croatian Companies Act entered into force on 20 April 2019. The aim of the amendments is easier and more efficient incorporation and termination of limited liability companies and simple limited liability companies along with the implementation of the Shareholders Directive....

As part of the Bulgarian government’s measures to prepare for Brexit, a Bill for amendment to the Foreigners in the Republic of Bulgaria Act (“the Bill”) was adopted by the Bulgarian Parliament on 12 April 2019 and published in the State Gazette on 23 April 2019. The Bill addresses post-Brexit rights of UK nationals in […]...

Governmental Emergency Ordinance no. 26/2019 entered into force on 23 April 2019 bringing changes to the Romanian Labour Code. Concerned by the low and decreasing birth rate in Romania, and by the fact that on average only 5,000 in vitro fertilizations are performed annually, the Government decided to introduce a new type of paid leave […]...

New draft bill amending the Energy Act introduces a number of measures to further integrate RES Generation into the liberalised market and abolish Energy Export Fees On 22 March 2019, a new draft Bill for the amendment and supplementation of the Energy Act (“Bill”) was introduced by MPs from the governing political party. The Bill […]...

Directive (EU) 2017/828 as regards the encouragement of long-term shareholder engagement (the "Directive") to be implemented in Austria until 10 June 2019 aims to create a more attractive environment for shareholders and to improve corporate governance for companies the shares of which are admitted to trading within a Member State....

The number of cartel damages claims before national civil courts in Europe has dramatically increased over recent years. The Damages Directive (2014/104/EU) and its implementation into national law have removed a number of obstacles faced by the alleged victims claiming cartel damages before national courts....

On May 31, a new legal institution in Polish procedural law came into force. The main goal of the modifications is to further digitalize proceedings. These changes could be a positive development for the judiciary, but on the other hand, they could be viewed as negative, as certain legal constructions can generate very serious problems and threaten the interests of the parties involved....

The work on a particularly significant amendment to the Polish Labor Code has been finalized. On 20 May 2019, the Act amending the Polish Labor Code and other acts ("Act") was passed to the President of Poland for a signature. The Act contains several changes, but the two most significant are related to mobbing and the issuing of work certificates. The first one aims to encourage employers to effectively counteract mobbing and therefore expands a catalog of individuals entitled to demand compensation due to mobbing. The second change provides for an extension to applying for corrections to an employee's work certificate....

The Constitutional Court of the Federation of Bosnia and Herzegovina adopts the Decision by which it ruled that certain provisions of five local laws are contrary to the Constitution of the Federation of Bosnia & Herzegovina....

The Parliament adopted a new Bill amending the Energy Act introducing a number of measures to further integrate RES Generation into the liberalised market and abolishing electricity export fees....

The Austrian Foreign Trade Act (AußWG 2011) contains provisions requiring ex ante approval for certain foreign direct investments (“FDI”) in Austria. On 7 May 2019, the Ministry of Economic Affairs published a consultation draft for amendments to those provisions (“Draft”). The Draft aims to create more transparency and certainty around FDI approval in Austria, and […]...

What does H2 2019 hold for businesses in the IP, IT, TMT sectors and what legal and regulatory trends should catch their attention?...