Results 1-10 of 777
10 April 2019
The European Commission has published a Report that it commissioned to study EU loan syndication and its impact on competition in credit markets. While the Report does not contain the recommendations or conclusions of the Commission itself, it should inform the...
La Suprema Corte di Cassazione legittima la delegabilità a terzi della partecipazione alla mediazione obbligatoria
3 April 2019
Con la sentenza n. 8473 pubblicata in data 27 marzo 2019, la terza sezione della Suprema Corte di Cassazione si pronuncia per la prima volta su alcune tematiche relative alla mediazione obbligatoria, introdotta dall'art. 5 del D.Lgs. n. 28 del 2010 come condizione...
Italy's Supreme Court allows third parties to participate in mandatory mediations through third party representation
3 April 2019
In its Judgment No. 8473, published on 27 March 2019, Italy's supreme court, the Court of Cassation, has for the first time dealt with a number of issues regarding mandatory mediation, which article 5 of a recent Legislative Decree, No. 28/2010, made a precondition...
£1 billion+ state aid to be recovered from UK corporates with finance subsidiaries - How should businesses react?
2 April 2019
The Commission has now issued its final decision in its State aid investigation into the Group Finance Exemptions from the UK's controlled foreign companies (CFC) rules, concluding that the exemptions constitute unlawful State aid. UK parented groups which...
Opinion of the European Data Protection Board on the interplay between the ePrivacy Directive and the GDPR
28 March 2019
On 12 March 2019 the European Data Protection Board issued an opinion regarding the interplay between the Regulation (EU) no. 2016/679 on the protection of natural persons regarding the processing of personal data and on the free movement of such data (the "GDPR")...
FinCEN Cautions Financial Institutions on North Korea, Iran & Jurisdictions Exhibiting Strategic AML and Terrorist Financing Deficiencies
13 March 2019
The US Financial Crimes Enforcement Network's first "Advisory" of 2019 highlights restrictions on business activity with North Korea and Iran, and notes other jurisdictions with strategic AML and terrorism financing deficiencies. The FinCEN Advisory...
12 March 2019
The First EU General Court judgment on State Aid through tax rulings – are there wider implications?
8 March 2019
On 14 February 2019, the EU General Court annulled the European Commission's State aid decision relating to the Belgian excess profit ruling system. The General Court found that the European Commission was wrong to consider that aid was granted by...
7 March 2019
On February 26, 2019, the US Federal Trade Commission’s Bureau of Competition—the arm through which the FTC enforces US federal antitrust laws—announced the creation of a new Technology Task Force charged with “enhanc[ing] the Bureau’s...
7 March 2019
The EU Regulation establishing a framework for the screening of foreign direct investments into the EU will become applicable on 10 October 2020. The Regulation will allow the Commission to review (but not block) certain investments of "Union interest"...