A Clean Energy Conundrum

A Clean Energy Conundrum

A recent New York Times article (“Windmill and Solar Panels, or Nuclear Reactors”, NY Times, 11/14/16) highlights what could be an interesting dilemma for both developing and industrialized nations seeking to de-carbonize in tandem with the Paris Accord. The article describes the tension between the development of concentrated solar power ... Read More »

Company procedure update

Company procedure update

In the last few In Counsel updates we have repeatedly raised the changes to company law brought about by the new register of people with significant control (PSC Register) which came into force on 6 April 2016. However, the PSC Register regime is not the only change to the Companies ... Read More »

Important legal news applicable as of 1st December 2016 in the Czech Republic

Important legal news applicable as of 1st December 2016 in the Czech Republic

A brief insight into three significant legal acts, which will become effective in the Czech Republic as of 1st December 2016: 1.    The Act No. 183/2016 Coll., which amends the Act No. 418/2011 Coll., on Criminal Liability of Legal Entities and their Prosecution; 2.    The Act No. 257/2016 Coll., on ... Read More »

Parliamentary Select Committee enquiry into defined benefit pension schemes: Show-stopper or damp-squib?

Parliamentary Select Committee enquiry into defined benefit pension schemes: Show-stopper or damp-squib?

Introduction Not content with its Report on the BHS Scheme (issued on the 20 July 2016) the Parliamentary Select Committee (the Committee) announced on 8 August 2016 a wide ranging enquiry into defined benefit (DB) schemes and asked for written submissions on 5 topics by 23 September 2016. Below is ... Read More »

Reform of the prospectus regime

Reform of the prospectus regime

The European Parliament recently adopted major amendments to the draft Prospectus Regulation (the Regulation) proposed by the European Commission to replace the Prospectus Directive 2003/71/EC as amended (the Directive). The Regulation constitutes an essential step towards the completion of the Capital Markets Union. One of the aims of the Directive ... Read More »

French contract law reform

French contract law reform

The long-awaited French contract law reform just came into force on October 1st, 2016, pursuant to an Ordinance dated February 11, 2016. This reform is one of the most important milestones in the elaboration of French contract law rules since the birth of the Napoleonian Code in 1804… The reform aims at ... Read More »

Restructuring and notification of mass dismissals with regard to labor law

Restructuring and notification of mass dismissals with regard to labor law

“Fear, paranoia, insecurity.” With this apocalyptic triangle, Rose Beauchamp, Stephen Heidari-Robinson and Suzanne Heywood describe in their article Reorganization without Tears the environment in which the reorganization of companies takes place. And in this article they are only referring to the non-legal aspects of change processes. A quick glance at ... Read More »

The European Company (SE)

The European Company (SE)

Societas Europaea (“SE”) A legal form that’s also for the Mittelstand! The European company, also referred to as “SE” because of its Latin name “Societas Europaea,” is a relatively new legal form that is gaining popularity among German companies. After large Dax companies such as Allianz, BASF, Fresenius and Porsche ... Read More »

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