Living in a Debtor’s Paradise? The New EU Directive on Restructuring and Insolvency
On 20 June 2019, the European Union adopted a EU-wide legal framework on the restructuring and insolvency of companies. Partner Thomas Trettnak outlines the main objectives of the new Directive as well as the issues that need to be re-solved before its implementation.
Changes in Copyright Law
On 15 July 2019, the Belarusian parliament adopted multiple amendments to Belarusian copyright law. Some have already come into force this year while oth-ers will not become effective until 2020. Sergei Makarchuk summarizes the recent amendments and their impact.
Amendments to the Anti-Money Laundering Act
Partner Boyko Gerginov discusses the recent adoption of amendments to the Anti-Money Laundering Act. Some of them aim to transpose the Fifth Anti-Money Laundering Directive (Directive (EU) 2018/843) into Bulgarian law.
Dawn Raid Threats in the Digital Era
David Kučera and Michal Horký explain how digitalisation has changed the way dawn raids are conducted by competition authorities. They mainly focus on the disadvantages for companies posed by digital environments.
New Amendment Prevents Contractors from Blocking Occupancy Permit
András Fenyőházi and Bence Rajkai present a new amendment to the Hungarian Civil Code regarding the handover of a site in a construction project. The previous rule allowed contractors to block occupancy permits from being obtained. As this was often abused, a new regulation was needed.
The Payment Services Directive in Romania
Mirela Nathanzon summarizes new Romanian Law No. 209/2019 based on the European Payment Services Directive (Directive (EU) 2015/2366). After it was transposed into Romanian leigslation in November 2019, the new law will come into force before the year is over.
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