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January 25, 2021
In August 2020 the Ministry of Commerce issued the Master Plan for Comprehensively Deepening the Pilot Programme on the Innovative Development of Trade in Services. The plan covers 28 provinces and municipalities directly under the central government, including Beijing, Tianjin and Shanghai. The pilot programme, which concerns cross-border data transfer security management, will run for three years.
January 25, 2021
A new law has amended the conditions for the approval of, and narrowed down the renewable energy source (RES) projects which may be accepted as, investments of strategic interest. Henceforth, only investments of at least €50 million in projects which use technological innovations to produce electricity from an RES and have a common connection point to the grid and investments of at least €100 million in projects with a common connection point to the grid may be approved as strategic investme...
January 24, 2021
The Market Court of the Brussels Court of Appeal recently ruled in a case involving a Belgian telecoms operator, which had been ongoing for more than a decade. In this latest judgment, the Market Court ruled on the effects of a dawn raid's illegality and confirmed the two-step test for determining the same.
January 23, 2021
Introduction In a recent judgment, the Supreme Court applied Article 56(1)(6) of the Energy Law, clarifying when the Polish regulator (ie, The President of the Energy Regulatory Office) can impose an administrative fine on an energy company.(1) The Supreme Court dealt with a situation where the tariff applied was contrary to the conditions specified therein. The courts verdict is a reminder for energy companies operating in Poland that administrative fines also apply in situations other than wh...
January 23, 2021
When it comes to clearing a path in a forest to construct and operate an overhead electrical power line, electricity grid operators face various legal issues. In its recent decision on the 380kV Salzburg line, the Supreme Administrative Court considered whether the permitting requirements of the Forestry Act stipulated for grubbing ups must also be applied to path clearances in an EIA permitting procedure by reason of EU law.
January 23, 2021
The last four years have been turbulent, to say the least, with more changes to come under the Biden administration. Some issues from 2020 will remain in focus and will be tempered by the Biden administration's need to repair the damage done to US relations with key trading partners. This article aims to help businesses anticipate and prepare for these changes by examining six hot-button trade issues to watch out for in 2021.
January 23, 2021
The COVID-19 pandemic has raised immediate issues for many wealthy families, notably around tax residency and immigration, but on the flip side it has given wealthy families the opportunity to take stock and consider how they want to be structured and, fundamentally, where they want their family office to be located. This article considers the features which make Jersey attractive for family offices.
January 23, 2021
At the beginning of each year, the minimum wage, severance payments and administrative fines prescribed by the Labour Act are revised. On 1 January 2021 the changes for 2021 came into effect. Among other changes, the monthly minimum wage rate has increased from TL2,943 (gross) to TL3,577.50 (gross).
January 23, 2021
In an October 2020 judgment the Civil and Criminal Section of the Superior Court of Justice of Madrid largely dismissed the brief of appeal filed by the defendant against the convictional judgment, by which the Provincial Court of Madrid had sentenced him to a two-year prison sentence, a fine and payment of the damage compensation and legal costs of private prosecution for the commercialisation of products that infringed Adidas's Community trademarks and designs.
January 23, 2021
Introduction Canada is a thriving market for Cayman private wealth services, with the Cayman Islands full package of wealth structuring and lifestyle factors attracting growing numbers of high-value residents from the north. With direct flights from Toronto, the Cayman Islands are historically known to be a first-class destination for Canadian high-net-worth individuals (HNWIs), who have some familiarity with the Cayman Islands as a British overseas territory and fellow member of the British Co...