Amongst the various measures provided by the so-called Labour Deal to improve employees’ work-life balance, is the alternating weekly working regime. In short, this system allows full-time employees to work more one week and less the following week. Part-time employees are excluded since the existing legal framework already allows them to organise their working regime in cycles that extend over more than one week in which periods with longer and shorter working hours alternate in a fixed order. Employer’s choice The draft Act...

We are thrilled to welcome our newest Senior Associate: Daniel Jason Ain. We are thrilled to welcome Daniel Jason Ain as the newest member of our Media and Entertainment and Employment Departments. Dan counsels production companies, independent producers, and talent on a broad range of projects across all stages of development and production. He brings to our firm years of experience representing talent in entertainment transactions, including in film, television, digital media, theater, live music, podcasts, literary publishing, and endorsements....

Cozen O’Connor served as U.S. and Canadian counsel in Investindustrial’s acquisition of a majority stake in Eataly S.p.A., the global chain of upscale Italian marketplaces. A team led by M&A attorney and Italy Practice Chair Christian Moretti conducted significant due diligence of more than 20 Eataly businesses in the United States and Canada, in collaboration with Deloitte Legal Italy and Studio Legale Chiomenti. For nearly two decades, Eataly has been operating high-quality Italian food markets and restaurant concepts in prestigious locations...

Editor's Note: In the U.S. laws and regulation space, the White House is focusing on privacy, evident through its session on accountability for big tech and the recent executive order highlighting cybersecurity risks. Meanwhile, the governor of California signed into law the Age-Appropriate Design Code Act and the New York legislature is considering a similar bill titled the Child Data Privacy and Protection Act. In U.S. litigation, a former security chief was convicted of obstructing justice in relation to...

On Oct. 3, the Financial Stability Oversight Council (FSOC) took another step in identifying, assessing, and responding to the risks various types of digital assets pose to the financial system by releasing its Report on Digital Asset Financial Stability Risks and Regulation (Report) in response to President Biden’s March 2022 Executive Order on “Ensuring Responsible Development of Digital Assets.” The Report reviews the specific financial stability risks and regulatory gaps digital assets pose and provides recommendations to address such risks....

Amidst the upheaval of the COVID-19 pandemic, some U.S. taxpayers were unable to file their 2019 or 2020 income tax returns within the IRS’ filing deadlines The Internal Revenue Service, in a show of understanding, fully waived penalties for individual taxpayers and businesses who filed certain late returns by September 30, 2022. Although the deadline has recently passed  — and the IRS is not extending it — taxpayers who file late 2019 or 2020 returns may nonetheless be eligible...

Commission recommends candidate status for Bosnia and Herzegovina The EU is in favor of nominating Bosnia and Herzegovina as a candidate for accession to the European Union and has recommended the EU Council to grant the country candidate status. This was announced by the Commission President Ursula von der Leyen on Wednesday at the European Union Ambassadors’ Conference where the Commission presented their 2022 Enlargement Package, evaluating the reforms in the Western Balkan states and Turkey. Keep reading. MEPs support new...

On October 12, 2022, the EU Digital Markets Act (DMA) was published in the Official Journal of the European Union (see here), giving clarity as to when the new rules will apply. The DMA will enter into force on November 1, 2022, and it will become fully applicable in May 2023. At that point, the gatekeeper designation process will start, and once designated, gatekeepers will have six months to comply with the DMA. This means that the DMA will...