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Operating under the PSC Regime

Operating under the PSC Regime

Last year the new Part 21A was introduced into the Companies Act 2006, creating a new regime for almost all companies incorporated in any part of the UK to create and maintain a register of people with significant control (the PSC register regime). The first two important PSC register regime ... Read More »

Can a judge (in interlocutory proceedings) forbid a party to terminate an agreement even though the contractual notice period has been observed?

Can a judge (in interlocutory proceedings) forbid a party to terminate an agreement even though the contractual notice period has been observed?

After a general introduction, this post will discuss a ruling by the judge in interlocutory proceedings in Rotterdam of 30 March 2016 on a continuing performance contract to produce and deliver dry soups which are eventually intended to be passed on to Heinz (ECLI:NL:RBROT:2016:2467). The purchaser ‘Continental Foods Belgium’ terminated ... Read More »

Negotiated contract clause and General Terms and Conditions of Business

Negotiated contract clause and General Terms and Conditions of Business

National legal systems routinely contain special provisions to be used for evaluating General Terms and Conditions of Business (GTC), and German law is no exception. Clauses that qualify as general terms and conditions of business are automatically subject to this rigorous scrutiny. If they do not withstand scrutiny, they are ... Read More »

Administrative Measures Issued Applicable to Foreign Investors in the Inspection and Authentication Business for Imported and Exported Commodities In China

Administrative Measures Issued Applicable to Foreign Investors in the Inspection and Authentication Business for Imported and Exported Commodities In China

On 26 January 2016, the General Administration of Quality Supervision, Inspection and Quarantine (“AQSIQ”) issued the Administrative Measures for Imported and Exported Commodities Inspection and Authentication Institutions (“Measures”), for implementation as of 1... Read More »

Expenses allowable for tax deduction purposes will highly depend on presentation of valid VAT invoices.

Expenses allowable for tax deduction purposes will highly depend on presentation of valid VAT invoices.

The 2016 Budget Measures Bill proposes that from year of assessment 2017, all expenses will be considered allowable for tax deduction, only if the invoice/fiscal receipt presented is valid for VAT purposes. Should the new provision be enacted, it will consequently amend Article 14 of the Income Tax Act-“Deductions”, whereby ... Read More »

Pre-contractual liability in the Czech civil law – Misuse and disclosure of confidential information

Pre-contractual liability in the Czech civil law – Misuse and disclosure of confidential information

The topic of this article follows up to our previous articles dedicated to pre-contractual liability as a novelty of the Czech legal system introduced by the New Civil Code (Act No. 89/2012 Coll., the “NCC”) and is focused on the fourth and last merit of pre-contractual liability. This merit of ... Read More »

Pre-contractual liability in the Czech civil law – Non-conclusion of contract so far in contractual negotiations when its finalization is deemed to be very likely

Pre-contractual liability in the Czech civil law – Non-conclusion of contract so far in contractual negotiations when its finalization is deemed to be very likely

The topic of this article is devoted to third merit of pre-contractual liability lying in non-conclusion of contract so far in contractual negotiations when its finalization is deemed to be very likely. This merit is defined in Section 1729 (1) of the NCC (Act No. 89/2012 Coll., the New Civil ... Read More »

Pre-contractual liability in the Czech civil law – Initiation of, or proceedings with, contractual negotiation without the will to finalize the contract

Pre-contractual liability in the Czech civil law – Initiation of, or proceedings with, contractual negotiation without the will to finalize the contract

As we have already written in our previous article “Pre-contractual liability – New rules for contractual negotiations in the Czech civil law”, the institute of so called pre-contractual liability is one of the new institutes of the contract law and execution of contracts under the new Czech civil law as ... Read More »

Industrial Disputes

Industrial Disputes

Compensation of third-party companies in the event of a strike (Federal Labor Court, decision dated August 25, 2015 – 1 AZR 754/13) Third-party companies are often affected by strikes. In its ruling from August 25, 2015 the Federal Labor Court decided that airlines affected by an air traffic controller strike ... Read More »

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