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The Supreme Court’s cancellation of 122 2G telecom licenses last year came as a shock to many and particularly foreign investors in the sector. They found themselves in a cul de sac of sorts and were
Continue Reading →1 January 2013 an amendment to the Danish Financial Statements Act § 135 became effective. According to the amendment holding companies in reporting class B (limited liability companies and
Continue Reading →An important decision from the European Court of Justice (ECJ) inLuxembourgdated March 3, 2013 (C-424/11) may have an impact beyond the VAT issue which was the reason for the submission of the
Continue Reading →The newspapers have been filled with reports on the court proceedings against two Sahara Group companies, Sahara India Real Estate Corporation Limited (Sahara Real Estate) and Sahara Housing
Continue Reading →As of 1 April 2013, new rules will apply regarding the composition of the boards of directors as well as managers, which aims at getting more women on the boards of directors and as part of the
Continue Reading →The Spanish Council of Ministers meeting held on Friday 25 January has given the green light to the Market Unity Guarantees Bill (hereinafter, the “Act”) aimed at ensuring the free movement of
Continue Reading →The Legislative Decree no. 123 dated June 22, 2012 (the “Decree”), implementing the European Directive 2009/109/EC dated September 16, 2009
Continue Reading →The new Turkish Commercial Code No. 6102 (“New TCC”) was entered into force on July 1st, 2012. The main objectives of the New TCC are ensuring transparency and accountability as
Continue Reading →The long-awaited “Regulation regarding the Procedure and Principles of the General Assembly Meetings (“GA”) of Joint Stock Companies (“JSC”) and Government Observer
Continue Reading →Unreliable debtors are a source of great consternation. Private limited companies under Dutch law deliver goods and want to be paid accordingly. If this does not happen voluntarily
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