In a notable case, the Luxembourg District Court ruled on a dispute between two joint venture partners which had arisen in relation to a serious disagreement on the management of a hotel group. The decision provides interesting insight into the duty of resigning managers, the rules governing the convening of shareholders' meetings and the consequences of their breach and the conditions for obtaining a court-ordered dissolution of a joint venture company due to a serious disagreement among its partners.
(1)This article outlines the NTSB s investigation process within the initial 30 days following an incident.
Legal team s on-scene actions
When an incident is being investigated by the NTSB, the transport provider or manufacturer s in-house attorney assigned to the NTSB investigation and the company s NTSB-dedicated outside counsel must converge on the accident scene, along with the pre-designated party coordinator, as quickly as possible. A dedicated conference room must be requisitioned along with support staff and technology. If the emergency response plan has not already triggered periodic internal coordination conference calls, that should also be done. A similar separate call will most likely have to be coordinated for those involved with the NTSB investigation.
Introduction
The variety of information and communication characteristic of the digital world has significantly changed consumption behaviour. Within this context, ads and marketing strategies have become increasingly elaborate and aggressive in order to capture consumers attention.
In an increasingly hostile market, companies have taken an innovative approach to advertising, seeking to ensure consumer loyalty. This has included comparing their products and services with those of competitors in an attempt to convince consumers that theirs are the best.
However, is this type of advertising, which is (in theory) harmful to competitors whose products and services are shown as being inferior, allowed?
In a recent announcement by the Department of the Registrar of Companies and Official Receiver, the effective date for the commencement of data collection regarding the details of entities beneficial owners has now moved to 22 February 2021.
Legal entities are granted a six-month period to register to a specially created platform and submit information concerning the physical person who is the beneficial owner of the respective legal entity. The developed platform represents an intermediate solution and access to it will be possible only by the competent authorities at present, subject to a prior request made to the Registrar of Companies.
Following information by the Cyprus Bar Association, submission of information and registration to the beneficial owners platform is voluntary until the relevant regulations are enacted. Enactment is expected in the next few months. At present, the draft regulations are being finalised and will then be sent to the Cyprus Bar Association for rev
In September 2020 the government launched the Integrated Review of Security, Defence, Foreign Policy and Development to review all aspects of international and national security policy, such as ideology, defence, diplomacy, reputation, finance, trade policy, military power and national resilience. This article provides an overview of the developments which have occurred since the review was announced and the expected findings.