17 Years Later, NDA’s Still Pose Great Negotiating Challenges. Companies make significant investments in personnel and technology. In the fast-moving world of business, each day may bring your company a new invention, a new product or process, new know-how, a new trade secret, and other new proprietary developments from such investments. To read the full […]
In the aftermath of the onerous implementation requirements of the GDPR for companies doing business in the European Union, many global businesses are rightfully concerned about the potential costs of compliance, business interruption, and risks related to The California Consumer Privacy Act of 2018 (the “CCPA”), which officially went into effect on January 1, 2020. See Cal. […]
Artisense offers a cutting-edge computer vision product for real-time localization, mapping, and navigation of highly automated or fully autonomous vehicles. It was founded in 2016 as a spin-off of the computer vision research group at the Technical University of Munich, one of the world’s leading centres in its field. The companies belonging to the Artisense group […]
The bill on the governance and supervision of legal persons must provide clarity about the duties and responsibilities of directors and supervisory directors of an association, foundation, cooperative or mutual insurance society. The bill was adopted by the Lower House on January 28, 2020. It is yet unknown when the bill will come into effect. […]
Mediation is increasingly used in business disputes. The quality of mediation and mediation processes is therefore becoming more important. Reason enough to guarantee the quality of mediation with new law and to further sharpen it up. MediationIf parties have a dispute, they will not happily go to court. This costs them money, time and sleepless […]
From my passion for sport and my professional background as advisor in corporate law I like to help (former) pro athletes starting up their own business. I assist with starting their own business, entering into partnerships and all the associated challenges. Written by Cok Zijerveld It will be a busy year full of sports! As […]
GESSEL represented the Highlander Partners private equity fund in the sale of a majority stake in the Akomex Group. The co-founder and current minority shareholder Sebastian Śliwa (supported by AMC Capital IV S.c. Sp., a fund advised by Mezzanine Management) will take over control of the company. The transaction requires antitrust clearance from the Office […]
The Ministry of Corporate Affairs, Government of India (“MCA”) vide its Notification dated February 3, 2020, has brought into effect the eagerly anticipated sub-sections (11) and (12) of the Section 230 of the Companies Act, 2013 (“CA2013”). These provisions facilitate the takeover of the company/squeezing out the minority shareholders under a scheme of compromise/arrangement. While […]
Enforcement of Foreign Judgments in India – Inclusion of UAE as a Reciprocating Territory The Ministry of Law and Justice, Government of India vide its Notification dated January 17, 2020 (“Notification”) declared United Arab Emirates (“UAE”) a “reciprocating territory” for the purposes of enforcing foreign civil decrees in India. The declaration has been made by […]
On December 17th, 2019, the Senate adopted the bill for the implementation of the EU directive for reporting cross-border constructions. The bill requires intermediaries to report cross-border constructions that are used for tax avoidance to the Tax Authorities. Cross-border constructions consist, for example, of structures that extend over several jurisdictions that are known for their […]
The Finance Act of 2015 had proposed certain amendments to the Foreign Exchange Management Act, 1999 (“FEMA”). After a long delay, the amendments have finally been notified by the Central Government on October 15, 2019. Pursuant to the notification, the Central Government issued the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 (“NDI Rules”) and Foreign […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Hessam Kalantar of Kalantar Business Law Group (KBLG). Hessam has joined IR as our exclusive Investment Funds and Private Equity & Venture Capital Member in the United Arab Emirates. Hessam Kalantar is admitted to the Bars of New York, USA and Ontario, […]
