The COVID-19 pandemic and related restrictions had a significant negative impact on the economic health of many companies, which made businessmen think about stabilizing of the financial situation in their companies without using loans, credits and other similar instruments. Currently, many financial instruments available in other states, for example, converting monetary claims into equities (shares), […]
Why…? Australian population has fallen by 4,200 people last year… for the first time in 100 years… Does this mean when the borders open there will be a need for an influx of international qualified people? Net overseas migration took about a decade to recover after the recession of the early 1990s. In the three […]
A Special Purpose Acquisition Company (“SPAC”) is a company incorporated for the purpose of raising capital through an initial public offering (“IPO”). It is a blank-cheque company where the proceeds of the IPO will be used for the purpose of acquiring private companies or assets that are only identified after the IPO. This allows retail […]
The Sixth Circuit Court of Appeals held earlier this week that the CDC is unlikely to prevail on the merits and therefore a ruling from the Western District of Tennessee holding that the federal eviction moratorium “is ultra vires; and is unenforceable in the Western District of Tennessee” would not be stayed pending appeal. The ruling is a serious […]
Author: Jarod Bona An amicus curiae brief is filed by a non-party—usually in an appellate court like the US Supreme Court—that seeks to educate the court by offering facts, analysis, or at least a perspective that the party briefing doesn’t present. The term amicus curiae means “friend of the court,” and that is exactly what the parties […]
After a stable Q3 2020, U.S. hotel occupancy and RevPAR have declined considerably in Q4 2020. A detailed analysis on Q4 2020 hotel performance is presented in our newsletter.
Doing business in a foreign country requires awareness, consideration, and evaluation of risks that are unique to its environment. This involves knowledge of politics, economics, legislation, as well as social and cultural traits of the community. 2021 looks promising. ASEAN has performed better on the economic front than many developed countries and has emerged as […]
There are many differences between branch offices and subsidiaries, amongst which it is important to bear in mind the following differentiating characteristics: Legal entity. A branch office is not an independent legal entity, but rather it depends completely upon the parent company. A subsidiary is a proper legal entity. Share capital. A branch office does not require […]
The past year has witnessed a huge remote working experiment for many of the world’s businesses and their employees as a result of Covid-19. And, for many, these new working practices have become hugely complex depending on where in the world business owners and employees have suddenly found themselves. Almost overnight, people are in uncertain […]
The past year has witnessed a huge remote working experiment for many of the world’s businesses and their employees as a result of Covid-19. And, for many, these new working practices have become hugely complex depending on where in the world business owners and employees have suddenly found themselves. Almost overnight, people are in uncertain […]
Issuer: Office of the President Publication details: Special Official Gazette Number 6.617, February 24th, 2021 On February 24th, 2021, Presidential Decree Number 4.445 was published in the Special Official Gazette Number 6.617, whereby the Presidency declares all iron, aluminum, copper, bronze, steel, nickel and other metal waste to be designated as of “strategic importance for […]
Posted: 4 Mar 2021 As those of us know that work in the construction industry, disputes between the various parties involved in any construction project are a common feature, whatever the size of the project. Dealing with disputes will inevitably be a time consuming and costly process and one that parties seek to avoid when drafting […]
