27 Feb
Member News

New Italian law on business crisis and insolvency published on the Official Gazette

By Tommasso Foco & Ginevra Sforza On 14 February 2019 the new Italian law on business crisis and insolvency (“Codice della crisi di impresa e dell’insolvenza”) has been published on the official gazette. While the bulk of the sections of the Code on business crisis and insolvency will become effective on 15 August 2020 (18 months from the publication), few sections will enter into force on 16 March 2019 (30 days from the publication). Among these are the provisions amending certain sections of...

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27 Feb
Member News

Top 10 challenges of doing business in Germany

One of the most attractive business destinations in the world and Europe’s top FDI country, Germany is known for being a secure and rewarding investment location. But doing business in Germany can still be a challenge for those unfamiliar with the local requirements. Germany is the biggest economy in Europe and the fourth-largest in the world. Built on research, innovation and its ability to attract foreign direct investment (FDI), around 80,000 foreign companies are doing business in the country, employing...

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27 Feb
Brexit News, Member News

Brexit: the Luxembourg emergency legislation

By PHILIPPE DUPONT, GLENN MEYER, MARC MOUTON, CLAUDE NIEDNER,  FLORENCE STAINIER and PIERRE-MICHAËL DE WAERSEGGER On 31 January 2019, the bill of law n°7401 (the “Bill”) was issued on measures to be taken in relation to the financial sector in case of the withdrawal of the United Kingdom (“UK”) and North Ireland from the European Union (“EU”) (“Brexit”).   Said Bill relates to the scenario where, on 29 March 2019, no withdrawal agreement has been entered into between the UK and the EU (“No-deal...

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27 Feb
Chapter News, News

European Commission – Fact Sheet European Semester 2019: Winter Package explained

Brussels, 27 February 2019 European Semester 2019: Winter Package explained. What does today's package include? Today, the Commission publishes: 28 Country Reports, including in-depth reviews (IDRs) for 13 countries identified in the Alert Mechanism Report of November 2018 A Communication on the main findings of the Country Reports including a new categorisation of countries under the Macroeconomic Imbalances Procedure (MIP) An Opinion on the 2019 Draft Budgetary Plan (DBP) of Slovenia The second Enhanced Surveillance Report for Greece The Annual Work Programme...

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26 Feb
Brexit News, Chapter News, News, Uncategorized

VIDEO: A second Brexit referendum is back on the table. What might be on the ballot?

  Jeremy Corbyn, leader of Britain’s opposition Labour Party, announced today that he was prepared to back a second referendum on Brexit. A People’s Vote would give Britons a chance to state their views with far greater knowledge than they had at the time of the 2016 referendum, but the question of what should be on the ballot would itself be highly divisive. Agreeing on the form a referendum should take would do nothing to calm Brexit tensions. Compliments of The...

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26 Feb
Member News

European Parliament approves framework for screening of foreign direct investments into the EU

On 14 February 2019 the European Parliament approved an European wide framework for the screening of foreign direct investments into the EU (the Regulation). The Regulation will enter into force 18 months after it has been adopted by the European Council and officially published, which is expected to occur on 5 March 2019. In the interim period, EU Member States must implement the relevant procedures to effectuate the mechanisms under the Regulation. The Regulation will enable cooperation between EU Member States...

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26 Feb
Member News

Pérez-Llorca names seven new partners

Pérez-Llorca has announced today the appointment of seven new partners at its offices in Madrid and Barcelona, increasing the total number of partners to 47. Francisco Iso joins the firm as a partner of the Corporate team Jordi Farrés, Javier Muñoz, Juan Palomino, Laura Pérez, Álvaro Ramírez de Haro and Elena Veleiro are made partners by internal promotion Francisco Iso, who until now was a partner in the Corporate practice and in charge of legal transactions in EMEA at a...

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26 Feb
Brexit News, Member News

Brexit Update: Ongoing Uncertainty

By Mark Callahan | Littler In late 2018, Prime Minister Theresa May, head of the United Kingdom’s executive branch, and the European Union agreed to a draft form of the agreement that sets out the terms of the UK’s withdrawal from the EU (colloquially known as the ”Withdrawal Agreement”). However, in recent months Parliament has voted against Mrs. May’s deal, whilst the EU has made it clear that it does not wish to renegotiate its terms. As such, the future of...

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25 Feb
Member News

What to Look for When Recruiting Staff

By Len Adams When recruiting staff, most people will say that they look for a specific skill or experience in a particular industry. That is the easy part; recruiters that do not understand the job will often rely heavily on those specific skills in their selection criteria because they do not know what they should be looking for. What should they be looking at? There should be a focus on a match between the human characteristics of the job and the...

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