The draft Code of “Settlement of Debts and Granting of a Second Chance” is expected to replace entirely the existing Bankruptcy Code. The statute of bankruptcy revocation, falls into the provisions which are expected to be amended with the draft Code. More specifically, with respect to the compulsory revoked actions, the current legislation provides that […]
The Hong Kong Government recently opened the Covid-19 vaccination programme up to all adults over the age of 16 with the aim of safeguarding public health and helping to allow further easing of restrictions and a gradual return to normal life and activities. The vaccination programme raises important and unprecedented questions for employers, however, in […]
By: Jack E. Moran A recent decision from an appellate court shows that there is language embedded within a U.S. Supreme Court decision from one year ago that may change how courts determine if employers can be liable for discrimination and retaliation in the workplace. While plenty has already been written about the decision in Bostock v. Clayton County, […]
The American Rescue Plan has been deemed by the U.S. Department of the Treasury as one of the most progressive pieces of legislation in history, and its’ primary intent is to build a bridge to an equitable economic recovery. These are some of the main provisions contained within this legislation: Economic Impact Payments. For Americans and […]
Foreword by Andrew Chilvers The Middle East and North Africa (MENA) region is a hugely diverse cultural and geographical mix that stretches from Morocco in northwest Africa to Iran in Southwest Asia. The region is home to a range of economies with vastly different levels of openness to international trade and investment. But with the […]
Foreword by Andrew Chilvers The Middle East and North Africa (MENA) region is a hugely diverse cultural and geographical mix that stretches from Morocco in northwest Africa to Iran in Southwest Asia. The region is home to a range of economies with vastly different levels of openness to international trade and investment. But with the […]
Safe investments in Italy are possible with the right tools In the World Bank’s “doing business 2020” ranking, Italy is positioned in the 58th place before Kosovo and after Chile. The main causes that discourage investments in Italy are: the lack of political stability, the tax burden, civil justice and the heavy regulatory and bureaucratic framework. However, Italy is […]
The Hong Kong Financial Secretary of the Hong Kong Government announced in the 2021/2022 budget speech1 that the Hong Kong Government will provide subsidies to cover 70% of the expenses paid to Hong Kong professional service providers for Hong Kong open-ended fund companies (“Hong Kong OFCs”) set up in or re-domiciled to Hong Kong in […]
The fresh law on S.A. companies (L. 4548/2018) amends broadly the regime on related party transactions, i.e. transactions with parties that could exercise control or illicit influence towards the company. Thus, pursuant to the fresh law, the competent corporate body for the granting of permission for related party transactions is in principle the Board of […]
When you are involved in a lawsuit, there comes a time where you have to submit evidence to the court that supports your position in the case. This happens whether you are the plaintiff or defendant. You may have documents and your own testimony to help prove your case or defense. But there also may be […]
For many businesses, setting up their own company is the only known or viable way to enter a new market. We have written frequently about the ways to best approach and leverage direct foreign investment models for market entry — such as establishing a company or a representative office in Vietnam. There may, however, be alternative ways […]
Corporate Crime analysis: Following 42 referrals by the Criminal Cases Review Commission (CCRC), the Court of Appeal, Criminal Division, allowed 39 appeals of historic prosecutions brought by the Post Office Ltd as private prosecutor. The court held that the prosecutor’s failure to investigate and disclose material which would have assisted the defence on matters essential […]
