13 Mar
Member News

The main innovations of the newly enacted Italian Code for Distressed Companies and Insolvency

On 10 January 2019, the Italian Government enacted the Legislative Decree No. 14 of 2019, also known as “Code for Distressed Companies and Insolvency” (the “Code”). The Code aims to allow early detection of a financial “crisis” and prevent future insolvency. When such prevention fails, the Code also aims to handle insolvency with the goal of overcoming distress and return to profitability. The Code’s provisions will take effect 18 months after its publication in the Italian Official Journal (Gazzetta...

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13 Mar
Brexit News, Chapter News, News, Uncategorized

MEPs vote to limit negative impact of no-deal Brexit on citizens

To ensure the least possible disruption, MEPs on Wednesday vote on travel, transport, Erasmus, social security and fisheries measures. At the request of the European Parliament and the Council, the European Commission proposed urgency measures to mitigate the effects of a withdrawal of the UK from the EU without an agreement. These measures include legal safeguards for current Erasmus students and teachers in or from the UK to complete their ongoing learning activity abroad, continued funding of EU programmes building cross-border and cross-community...

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12 Mar
Brexit News, Member News

Second defeat for the UK Prime Minister as MPs vote against the deal

By Mike Archer & Gavin Rice | FTI Consulting Eight weeks since the UK Parliament rejected the Government’s negotiated Brexit deal by a historic margin, they have once again voted down the agreement – although with a significantly reduced majority. The Prime Minister responded by declaring that the Government will agree time to debate and vote on motions relating to no deal and on extending Article 50. Despite the defeat, it remains entirely possible that the Government would seek to...

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12 Mar
Brexit News, Chapter News, News

Second Brexit deal defeat throws UK politics into crisis

By Charlie Cooper Rejection by House of Commons leaves Theresa May’s strategy in tatters. MPs in Westminster dealt another heavy defeat to the Brexit deal agreed between the U.K. and the EU, voting against it by 391 to 242 — a majority of 149. It is the second time that the House of Commons has rejected the deal following the thumping 230-vote margin of defeat when Prime Minister Theresa May first called a ratification vote in January. The defeat leaves May's government in jeopardy...

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12 Mar
Member News

Your Legal Options in the Czech Republic: Seek An Out Of Court Resolution Whenever Possible

As is the case in many European countries, you can seek a written agreement between creditor and debtor for acknowledgement of the debt that places the creditor in a better position in the event of a dispute. By obtaining a notarial deed between the debtor and creditor that sets out the terms of repayment, the notarial deed would be directly enforceable in the event of a default and the creditor can then start execution without the need to go to court.     Should the parties...

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12 Mar
Chapter News, News, Uncategorized

Parliament works to boost Europe’s cyber security (infographic)

Internet use and the number of connected devices continue to increase, but so do cyber threats. Parliament has approved new legislation to improve your security. Activities by cybercriminals are increasing in complexity and sophistication. On Tuesday 12 March, MEPs voted in favour of the cybersecurity act which aims to improve the European response to the increasing number of cyber threats by strengthening the role of the European Agency for Network and Information Security (Enisa) and establishing a common cybersecurity certification framework. Angelika Niebler, the MEP responsible for steering the...

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12 Mar
Brexit News, Chapter News, News

May claims to secure last-minute changes to her Brexit deal

By Hilary McGann, CNN At the eleventh hour, Theresa May claims to have made a breakthrough in Brexit negotiations. During talks with the European Union in Strasbourg late Monday, the UK Prime Minister and Brexit Secretary Stephen Barclay "secured legally binding changes" to "strengthen and improve" the UK's agreement on withdrawing from Europe, Cabinet Office Minister David Lidington told Parliament in a statement.   Those changes would not affect the terms of the withdrawal, but offer legal assurances to back it up.   European Commission...

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12 Mar
Brexit News, Member News

Brexit and Competition Disputes

By Michael Byrne, Kate McKenna Uncertain ability to enforce UK court competition law judgments in Ireland Following Brexit, the UK will no longer enjoy the enforceability of judgments under the Brussels Regulation, under which a judgment of the courts of an EU Member State is recognised in all other Member States without any special procedure. Enforcement of non-EU judgments (which UK judgments will be, post Brexit) in an EU Member State...

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12 Mar
Brexit News, Member News

Getting Ready For A Year Of Change – EU 2019

Our team in Brussels have developed getready4.eu, a new online platform to help colleagues and clients understand why 2019 is a fundamental year of change in Europe and its potential impact for anyone doing business here. Whether you are familiar with how the EU institutions operate or not, it’s designed to be a useful introduction as to what is happening on the political, legislative and regulatory landscape and its potential commercial implications. It will focus on the forthcoming EU elections...

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