Insolvency proceedings concerning Wirecard AG were opened on August 25, 2020 (Az.: 1542 IN 1308/20). Creditors had until October 26, 2020 to register their claims with the insolvency administrator. Wirecard AG filed for insolvency at the end of June. Two months later, insolvency proceedings were opened at the Amtsgericht München – the District Court of […]
Dear Valuable Colleagues: In this November edition, our Legal Insight provides an executive summary of Indonesia’s new regulations enacted in July 2020 – September 2020. We have classified the list of regulations into a number of sectors such as general corporate, employment, banking and financial services, etc. We hope you have good reading and should […]
On November 16th, 2020, Ulf Schneider, President & Founder of SCHNEIDER GROUP, moderated the round-table discussion of the Lisbon-Vladivostok initiative “Concrete steps for cooperation between the EAEU and the EU”. Identification of low-threshold practical common projects for the EU and the EAEU was the focus of this year’s event. Read more here.
According to the Bundesfinanzhof (BFH) – Germany’s Federal Fiscal Court – transferring a plot of land at a discount in the context of anticipated succession in return for annuity payments gives rise to taxable income from interest. The scenario is not uncommon: the children get a plot of land along with a building within the […]
With 21% of the world’s mineral resources located in Russia, the country has a traditionally strong mining industry that is highly dependent on imported equipment and spare parts. Download our report to learn more about mining industry regulations, major players, and opportunities for foreign mining equipment manufacturers. Expanding to a new market and need reliable […]
Saint Petersburg, November 11th, 2020 – SCHNEIDER GROUP is pleased to announce that Natalia Wilke, a lawyer with 20+ years’ experience in corporate, commercial and construction law, joins SCHNEIDER GROUP as the Partner for the Legal & Tax Practice and Head of Saint Petersburg office starting from January 1st , 2021. Natalia will also bring on board […]
Wolfs Advocaten (based in Amsterdam and Maastricht, the Netherlands) has been working together with law firm Bacciardi and Partners (based in Pesaro, Bologna and Milan, Italy) on behalf of an Italian client which produces, sells and distributes certain products. As part of a distribution relationship, the Italian client purchased products in the Netherlands from a Dutch […]
On 9 November 2020, the Business Competition Supervisory/Komisi Pengawas Persaingan Usaha (“KPPU”) promulgates a new regulation that provides several relaxations on the law enforcement of the competition law regime (“Relaxation”). This regulation is endeavored to boost national economic recovery and to implement the provisions established under Law No. 2 of 2020 on the Promulgation of Regulation of Government in Lieu […]
In mid-November, in the Bulgarian State Gazette was promulgated the Law on Amendments of The Civil Procedure Code (CPC) The latter amends not only the Civil Procedure Code, but also the Code of Administrative Procedure and the Code of Criminal Procedure. The purpose of the CPC is to outline the new legislation in regard to […]
German patent law is set to become simpler and more modern. On October 28, 2020, Germany’s federal cabinet approved the second draft of the act designed to simplify and modernize German patent law. The federal government wants to further strengthen intellectual property rights in connection with the protection of industrial property. To this end, the […]
A vlog of Wolfs Advocaten, Amsterdam and Maastricht the Netherlands. In this vlog Arsen Mukuchian of Wolfs Advocaten discusses the pre-trial freezing of assets of a debtor in the Netherlands. We invite you for the upcoming vlogs of Wolfs Advocaten, your partner in law in the Netherlands. Wolfs Advocaten B.V. is based in Amsterdam en […]
On 1 October 2020, the Ministry of Law and Human Rights (“MoLHR”) of the Republic of Indonesia has issued a new regulation in the issuance of visa and residency permit amidst the new normal. This regulation is in line with government’s efforts to support Indonesia’s national economic recovery as soon as possible. For your reference, […]