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Europe Latest Legal Articles

  • US Fishing Tackle Company Obtains Second Positive Annulment Decision
       Provided by Andra Musatescu

    US company Pure Fishing Inc, the owner of worldwide-known fishing tackle brands, has obtained a positive decision in a second annulment action brought against local company SC Chen Yang 2000 SRL.

  • Remedies Against EU Sanctions Targeting Russian and Ukrainian Officials
       Provided by Lorenz

    In the wake of new turmoil in eastern regions of Ukraine, the European Union has decided to expand the list of sanctioned persons subject to a freezing of their assets. Irrespective of a number of exemptions provided for in the relevant EU Regulations, the sanctioned persons have the possibility of challenging the freezing measures before the EU Courts in Luxembourg.

  • Unpaid Income Tax Establishes Liability Of The Managing Director Of A GmbH – Company Law
       Provided by GRP Rainer LLP

    In terms of the overall responsibility, a managing director is also liable for the income tax of employed workers that is not paid to the tax office.

  • Bilateral Arbitration Treaties: A Few “Bits” More and No “Buts” within the Portuguese Jurisdiction
       Provided by BCH Lawyers

    In his “Kiev Arbitration Days” after-dinner speech in November 2012 (“BITS, BATS and BUTS”), Gary Born presented a suggestion that can leave no one indifferent (speech published as “Essay” by Young Arbitration Review, March 2014 Edition). His idea is to take advantage of the legal framework and experiences gained from the world of investment arbitration and bring that framework and those experiences into international commercial arbitration.

  • How to Best Locate Your Company in Turkey?
       Provided by Herdem Attorneys at Law

    In the establishment process of a company, the question which comes to the fore first of all is where the company shall be established. Since the place of business of a company plays an essential role for an investor, he/she shall be informed about the advantages and disadvantages of special areas detailedly in the start-up phase, even if the company's sector is also relevant for investor's decisions regarding his/her projects.

  • Recognition of Foreign Judgments in Poland
       Provided by Philips Law Office

    The foreign judgment depending on its nature shall be a subject to different procedures with a view to its enforcement in Poland. In simple terms those judgments in general could be divided into three groups: property related, being a subject to execution by enforcement proceedings, non-property related (e.g., divorce and other judgments in family affairs) and inheritance.

  • Acquisition of Polish LLC or Stock Company
       Provided by Dudkowiak & Kopec Law Firm

    The complicated process' of mergers and acqusitions are very often concluded by a simple contract - share purchase agreement. Polish M&A regulations do not differ from standards established in other countries, there are very few conditions to be met, however they must be strictly obeyed otherwise the deal might be null and void in view of Polish Law.

  • Embezzlement in Turkey
       Provided by Barlas Uyar Eraslan Law Firm

    Embezzlement is typically seen at public sector however it has been a general issue in private sector as well and it may be a risk factor that causes serious financial loss.

  • How a Bulgarian Limited Liability Company May Validly Transfer/Purchase Real Estate
       Provided by Atanaska Lesichkova Law Firm

    The question whether the General Meeting of the Shareholders in a limited liability company (OOD) should adopt a special resolution for the conclusion of a transaction for transfer of ownership over real estate was disputable in Bulgarian legal theory and practice. The Supreme Cassation Court finally resolved this issue.

  • European Commission Tightens Key EU Corporate Tax Rules
       Provided by Harris Kyriakides LLC

    The European Commission has put forward certain amendments to key EU corporate tax legislation, in order to significantly reduce tax avoidance in Europe. The proposal will address deficiencies in the Parent-Subsidiary Directive, which may allow the operation of structures that will benefit from reduced taxation.