We are very pleased to welcome Martha Cusick to Aliant as Chief Executive Officer and member of executive team. She started her role at Aliant headquarters, Los Angeles, in January this year. Martha comes to us with 20 years of experience in legal and professional services. Her background is focused on legal operations, strategy, marketing, and business development, with […]
In this April edition, we provide a recap of Indonesia’s new regulations enacted in January 2021 – March 2021 and an executive summary related thereto. We have classified the list of regulations to number of sectors such as general corporate, manpower, banking and financial services, taxation, etc. You can read our regulations update here. We […]
The Bundesanstalt für Finanzdienstleistungsaufischt (BaFin) – Germany’s Federal Financial Supervisory Authority – has closed down Greensill Bank’s business operations with its customers and filed criminal charges. Private investors as well as institutional investors and municipalities fear losing their money at the bank. Greensill Bank was acquired by the British-Australian financial conglomerate Greensill Capital in 2014, […]
The Spanish Parliament has approved the Act, by which the Consolidated Text of the Spanish Companies Act is amended, aiming to transpose into the Spanish legislation the Directive (EU) 2017/828 of the European Parliament and of the Council of 17 May 2017, amending Directive 2007/36/EC, with regard to the promotion of long-term shareholder engagement in listed […]
Short-time working – Kurzarbeit in German – refers to a government scheme that allows businesses experiencing economic difficulties to temporarily reduce their employees’ working hours, with the state making up for all or part of the lost wages. Many firms have had recourse to this program for reasons related to COVID-19. The Landesarbeitsgericht (LAG) Düsseldorf […]
Royal Decree-Law 5/2021, on extraordinary measures to support business solvency in response to the COVID-19 pandemic, introduces a set of provisions aimed at providing “the appropriate framework to address the process of analysis and strengthening of balance sheets and financial restructuring, during 2021“. This regulation was settled to provide additional protection to the business network […]
Tuesday 19th April, Nicholas Hammond will be speaking on Legislation Across Europe. Registration is free and you can sign up at the following link https://esports.seamless-online.ro/lobby.php
Last 10 March 2021 the Spanish Official State Gazette (BOE) published the Royal Decree-Law 4/2021, of 9 March, which transposes into the Spanish law, the Council Directive (EU) 2016/1164 of 12 July 2016, amended by Council Directive (EU) 2017/952 of 29 May 2017 (Directive ATAD II), on hybrid mismatches to prevent tax avoidance in related-party […]
The Covid-19 health crisis has tightened the control mechanisms for foreign direct investment in Spain by means of various royal decrees law published since last March and April 2020, which have successively amended and included new regulations to the suspension of the liberalisation regime of foreign investments. In summary, the general regime of liberalisation of […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Philip Lopatka of Lopatka Law. Philip has joined IR as our exclusive Commercial Law Member in Canada – West. We are an Edmonton law firm with over 16 years of providing experience, advice and service our clients can trust to a wide variety […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Anthony O. Maceira Zayas of MZLS LCC. Anthony has joined IR as our exclusive Commercial Law Member in Puerto Rico. Maceira is the Founding Member of MZLS LCC. With a decade of experience in Government Services, Maceira has been involved in major […]
As was to be expected, the Bundesanstalt für Finanzdienstleistungsaufischt (BaFin) – Germany’s Federal Financial Supervisory Authority – has determined that compensation is payable to Greensill Bank’s depositors, as the bank is no longer able to repay all of its customers’ deposits. Insolvency proceedings have also been initiated against the bank with the Amtsgericht Bremen, the […]