Law

United States Supreme Court

US Employment Law: Recent Supreme Court Developments

By Narcisa Przulj and Zach Merkle, Sandberg Phoenix & von Gontard P.C.

As with most Supreme Court terms, the high court has handed down opinions with which all employment-law practitioners should be familiar. October Term 2018 has been a big one for arbitration provisions, which directly affect many employment contracts.

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Law

Graz Old Town

Director Liability in Austria in Case of a Company’s Insolvency

By Raffaela Lödl-Klein and Mario Kapp, KAPP & PARTNER Rechtsanwälte GmbH

When a company is in serious financial distress, managing directors must fulfil a considerable variety of duties and responsibilities towards the company itself, towards its shareholders and towards third parties (i.e. creditors). As long as directors fulfil their general duties of care, they are not threatened with personal liability, especially not simply because the company has become insolvent. Nevertheless, a company’s crisis bears liability risks.

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Law

Strbacki buk waterfall, Bosnia

Concessions in Bosnia and Herzegovina

By Tijana Kondic, Law Firm Sajic

The laws on concessions in Bosnia and Herzegovina, at both the entity and the state level, regulate the tendering procedure and the manner of investing private capital in cases of insuffcient budgetary funds for the projects of general interest, especially in the fields of transport, energy, communication, water resource management, etc.

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Law

Hannover

Restructuring Branch-Based Enterprises – Best Practice

By Sven Dierking, Gehrke econ Group

One of the biggest institutes for research on retail issues in Germany predicted a significant sales decrease for over-the-counter retail in Germany. Current reports of the distributors already show declining visitor numbers in more than half of the stores. This development results mainly from an increase of e-commerce and demographic changes and will lead to a more rigorous selection process.

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Law

Romania

Doing Business in Romania: New Quota for Migrant Workers

By Karina Reizner, Hategan Attorneys

Romania has undergone one of the most promising economic growths among the EU states in the last few years. The height of the economic boom saw a 7% GDP growth in 2017, slowing down to a forecasted 3.8% GDP growth in 2019: still one of the highest growths in the European Union. This economic success is due partially to the flow of foreign direct investment (FDI) into Romania which might break the EUR 5 billion milestone in 2019, a height which has not been experienced in more than a decade.

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Law

Copenhagen

GDPR Rules and Their Application to Bankruptcy Estates

By Lars Berg Dueholm and Kasper Bjerre Hendrup Andersen, LOU Advokatfirma

The increasingly intensive European regulation of the data-protection area prompts the question of how the trustee-in-bankruptcy must act, partly with regard to his/her processing of personal data, which the debtor has collected and processed about employees, customers, suppliers before the bankruptcy, and partly with regard to the data processing that the bankruptcy estates inevitably will perform in their own right.

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Law

Client Alert: Bill Introduced in General Assembly to Promote Private Hemp Industry

By Clint Pinyan, Brooks Pierce

Today, Senators Brent Jackson (R-Sampson), Norman Sanderson (R-Pamlico) and Todd Johnson (R-Union) introduced S.B. 315 (the “North Carolina Farm Act of 2019”), a bill to create the North Carolina Hemp Commission. The Commission would implement new federal law contained in the Agriculture Improvement Act of 2018 (colloquially, the “2018 Farm Bill”) in order to permit and regulate a broad statewide industry in hemp (a variety of the cannabis plant with low THC concentrations).

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