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Member News
Member News
13
Mar
By Alex Denny, Emma Vennesson, Katherine E. Newman, Philip Novak | Faegre Baker Daniels LLP
If Accrued Holidays Are Not Used, Will They Be Lost?
In the cases of Kreuziger v Berlin (C-619/16) EU:C:2018:872 and Max-Planck-Gesellschaft zur Forderung der Wissenschaften eV v Shimizu (C-684/16) EU:C:2018:874, the European Court of Justice (ECJ) considered the right to payment for accrued but untaken holidays on termination of employment under EU law. As a current EU member state, the U.K. must interpret national legislation as...
13
Mar
When expanding into and operating across Europe, US companies need to navigate an entirely different legal landscape and address a number of key issues that impact the success of the business overseas. With a view from Brussels in the “center of Europe”, this checklist covers many of the key legal issues companies encounter when doing business in the EU. With Brexit looming on the horizon, we’ve also addressed some of principal ways this will impact companies trading in the...
13
Mar
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...
13
Mar
Dr. Sam Natapoff, President of Empire Global Ventures, talked on Bloomberg following U.S. Trade Representative Robert Lighthizer’s testimony on China and the U.S Trade War.
Listen the podcast HERE
Compliments of Empire Global Ventures, a member of the EACCNY
12
Mar
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...
12
Mar
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...
12
Mar
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...
12
Mar
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...