By Jeffrey Percival and Kate Bresner, Pallett Valo LLP
The US concept of “at-will employment”, which allows for termination of employment for any reason without notice (so long as it is not for an illegal purpose), does not exist in Canada. In Canada, reasonable notice of termination is an implied term in all employment agreements. In order to terminate an employment relationship without cause, an employer must provide appropriate notice or pay in lieu.
By Maaike Koot, TeekensKarstens advocaten notarissen
Recently, the Dutch Supreme Court emphasised the importance of properly informing and encouraging employees to take their vacation days in order to avoid a huge reservoir of holiday time to be paid out at the end of employment.
By Arkadiusz Cegiełka, Penteris
After the Russian attack on Ukraine, Polish people rushed to help their neighbours in need with hitherto unseen acts of fraternal aid and love.
By Erin Barker and Natalie Sanders, Brooks Pierce
The last decade has seen significant push back against non-compete agreements in the United States. Several states have laws that prohibit or significantly limit their use, including California, Colorado, Illinois, Maine, Maryland, New Hampshire, Oklahoma, Rhode Island, Virginia, and Washington.
By Valeria Khmelevskaya, KBK Accounting
Engaging remote employees might be relevant for businesses located in Russia, including those with foreign investments like subsidiaries or branches (e.g. when the relevant employee has left Russia but continues working for a Russian company), as well as for foreign companies hiring employees residing in Russia.
By Wolfgang Braza & Gregor Kaschowitz, KAPP & PARTNER Rechtsanwälte GmbH
The following article will present the Austrian Limited as a possible new corporate form under Austrian law. The Federal Ministry for Digitalisation and Economic Location commissioned an expert report from two Viennese law firms that drafted the key points for a new corporate form. In particular, the aim was to ensure an unbureaucratic foundation and a flexible allocation of shares.
By Anthony J. Soukenik, Sandberg Phoenix & von Gontard
On 30 September 2022, the Financial Crimes and Enforcement Network (FinCEN) issued final regulations to implement revised beneficial ownership information (BOI) disclosure rules for legal entities in what is commonly referred to as the Corporate Transparency Act (CTA), Federal Register: Beneficial Ownership Information Reporting Requirements; 2021-26548 (govinfo.gov).
By Mujir A. Muneeruddin, Pallett Valo LLP
The Canadian Securities Administrators (CSA), an umbrella organisation of Canada’s securities regulators, has proposed amending corporate governance disclosure rules and policies pertaining to director nomination and board renewal processes.
Bartosz Jankowski, Penteris
On 10 July 2023, the European Commission adopted the 'adequacy decision' on the EU-US Data Privacy Framework.
By Ashu Malhotra, R.N. Marwah & Co. LLP
Disruptive forces are sharply changing how organisations operate, creating an imperative for enterprises to rapidly adapt. HR must take the lead with agility, and sustain exponential value for the future of human resources.