CEE newsletter July 2016

Keep up to date with the latest legal developments in Austria, Belarus, Bulgaria, the Czech Republic, Hungary, Romania and the Slovak Republic with our CEE newsletter.


New Austrian case-law: No prima facie proof for illiquidity

Stefanie Heimel analyses a recent decision of the Austrian Supreme Court which examines the highly practical issue of plausible evidence regarding the inability of a debtor to pay its debts.

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Belarus opens its doors to foreign depositary receipts

Sergei Makarchuk summarizes Edict No 84 “On the Issue and Circulation of Shares by using Foreign Depositary Receipts” and explains how it introduces a new way of investing in Belarusian companies.

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New Public Procurement Act

Boyko Guerginov highlights the most important changes introduced by the new Public Procurement Act that aim to increase the efficiency of competition in procurement processes.

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Protection of investments and investment arbitration

Petr Kalis discusses current issues regarding the protection of investments in the EU from the perspective on investment arbitration.

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Damages and competition law: better options for victims of infringements

Márton Kocsis and Zoltán Kolodzey share some important information on certain key issues associated with actions for damages under competition law.

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The benefits of admitting to an infringement of competition rules

Anca Singa and Anda Nicoara analyse the latest revision to the Romanian Competition Act which makes it possible for companies to admit to infringing competition rules.

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Cross-border Secondments

Jozef Bannert explains a recent Act on Cross-border Cooperation concerning the Posting of Workers and identifies the obligations to which the host employer is subject.

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