News

42
July 24, 2018

Russia has slowly moved forward in terms of its response to a recent push by the US to levy sanctions in April 2018 against certin Russian state-controlled entities and individuals, and the companies they control. Last month, legislation was passed in Russia providing the Russian government with the authority to impose certain restrictive measures against certain foreign persons and goods and services in accordance with a decision of th…e Russian president. This new law does not in itself impose restrictions….

July 2, 2018

The US has put the WTO Appellate Body into crisis mode. Since the advent of the Trump administration, the US has consistently blocked appointments and reappointments to the WTO Appellate Body. As a result, the appellate body has now shrunk to four from its original seven members. In October this year, it is expected that this will go down to three members. WTO rules specify that three members must server on a case, selected by rotation. This will be meaningless in…

June 27, 2018

The Hungarian government has recently proposed legislative changes designed to enable regulatory screening of foreign acquisitions of certain Hungarian companies. Designed to protect strategic businesses, the proposed changes would include oversight of certain services (such as finance and telecoms) and critical infrastructure and technologies subject to potential interest by non-European bidders. Legislative motivation is on national security and public policy grounds. Proposed oversight would be applicable for acquistions in excess of 25% of Hungarian companies (10% if the target is…

June 24, 2016

On the 23rd of June, the UK voted to leave the European Union. Known as “Brexit”, the UK Government with now initiate Article 50 of the Lisbon Treaty, starting the two year procedure leading to the UK’s eventual withdrawal from the EU and, ultimately, to the establishment of a new relationship with its former EU partners. Whatever your position, it is clear that Brexit will have a significant impact across a wide range of sectors – financial services, trade, employment,…

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42
July 24, 2018

Russia has slowly moved forward in terms of its response to a recent push by the US to levy sanctions in April 2018 against certin Russian state-controlled entities and individuals, and the companies they control. Last month, legislation was passed in Russia providing the Russian government with the authority to impose certain restrictive measures against certain foreign persons and goods and services in accordance with a decision of th…e Russian president. This new law does not in itself impose restrictions….

July 2, 2018

The US has put the WTO Appellate Body into crisis mode. Since the advent of the Trump administration, the US has consistently blocked appointments and reappointments to the WTO Appellate Body. As a result, the appellate body has now shrunk to four from its original seven members. In October this year, it is expected that this will go down to three members. WTO rules specify that three members must server on a case, selected by rotation. This will be meaningless in…

June 27, 2018

The Hungarian government has recently proposed legislative changes designed to enable regulatory screening of foreign acquisitions of certain Hungarian companies. Designed to protect strategic businesses, the proposed changes would include oversight of certain services (such as finance and telecoms) and critical infrastructure and technologies subject to potential interest by non-European bidders. Legislative motivation is on national security and public policy grounds. Proposed oversight would be applicable for acquistions in excess of 25% of Hungarian companies (10% if the target is…

June 24, 2016

On the 23rd of June, the UK voted to leave the European Union. Known as “Brexit”, the UK Government with now initiate Article 50 of the Lisbon Treaty, starting the two year procedure leading to the UK’s eventual withdrawal from the EU and, ultimately, to the establishment of a new relationship with its former EU partners. Whatever your position, it is clear that Brexit will have a significant impact across a wide range of sectors – financial services, trade, employment,…

42
July 24, 2018

Russia has slowly moved forward in terms of its response to a recent push by the US to levy sanctions in April 2018 against certin Russian state-controlled entities and individuals, and the companies they control. Last month, legislation was passed in Russia providing the Russian government with the authority to impose certain restrictive measures against certain foreign persons and goods and services in accordance with a decision of th…e Russian president. This new law does not in itself impose restrictions….

July 2, 2018

The US has put the WTO Appellate Body into crisis mode. Since the advent of the Trump administration, the US has consistently blocked appointments and reappointments to the WTO Appellate Body. As a result, the appellate body has now shrunk to four from its original seven members. In October this year, it is expected that this will go down to three members. WTO rules specify that three members must server on a case, selected by rotation. This will be meaningless in…

June 27, 2018

The Hungarian government has recently proposed legislative changes designed to enable regulatory screening of foreign acquisitions of certain Hungarian companies. Designed to protect strategic businesses, the proposed changes would include oversight of certain services (such as finance and telecoms) and critical infrastructure and technologies subject to potential interest by non-European bidders. Legislative motivation is on national security and public policy grounds. Proposed oversight would be applicable for acquistions in excess of 25% of Hungarian companies (10% if the target is…

June 24, 2016

On the 23rd of June, the UK voted to leave the European Union. Known as “Brexit”, the UK Government with now initiate Article 50 of the Lisbon Treaty, starting the two year procedure leading to the UK’s eventual withdrawal from the EU and, ultimately, to the establishment of a new relationship with its former EU partners. Whatever your position, it is clear that Brexit will have a significant impact across a wide range of sectors – financial services, trade, employment,…

42
July 24, 2018

Russia has slowly moved forward in terms of its response to a recent push by the US to levy sanctions in April 2018 against certin Russian state-controlled entities and individuals, and the companies they control. Last month, legislation was passed in Russia providing the Russian government with the authority to impose certain restrictive measures against certain foreign persons and goods and services in accordance with a decision of th…e Russian president. This new law does not in itself impose restrictions….

July 2, 2018

The US has put the WTO Appellate Body into crisis mode. Since the advent of the Trump administration, the US has consistently blocked appointments and reappointments to the WTO Appellate Body. As a result, the appellate body has now shrunk to four from its original seven members. In October this year, it is expected that this will go down to three members. WTO rules specify that three members must server on a case, selected by rotation. This will be meaningless in…

June 27, 2018

The Hungarian government has recently proposed legislative changes designed to enable regulatory screening of foreign acquisitions of certain Hungarian companies. Designed to protect strategic businesses, the proposed changes would include oversight of certain services (such as finance and telecoms) and critical infrastructure and technologies subject to potential interest by non-European bidders. Legislative motivation is on national security and public policy grounds. Proposed oversight would be applicable for acquistions in excess of 25% of Hungarian companies (10% if the target is…

June 24, 2016

On the 23rd of June, the UK voted to leave the European Union. Known as “Brexit”, the UK Government with now initiate Article 50 of the Lisbon Treaty, starting the two year procedure leading to the UK’s eventual withdrawal from the EU and, ultimately, to the establishment of a new relationship with its former EU partners. Whatever your position, it is clear that Brexit will have a significant impact across a wide range of sectors – financial services, trade, employment,…