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Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
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The Singapore government has been proactive and inclusive in its encouragement and development of internet communications and e-commerce, by its establishment of a supportive legal and technical infrastructure, investments in technology and awareness- building. Policy-wise, it adopts a balanced and light-touch approach to ensure that minimum standards are set for responsible use of the internet while giving maximum flexibility to industry players to operate, and favours industry self-regulation.
- Joyce A. Tan & Partners
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Until the adoption of Reorganisation Act Estonian legislation did not provide efficient regulation for companies which were in temporary financial difficulties, but could be “rescued” via certain turn-around proceedings to overcome the economically difficult period.
- Concordia Attorneys at Law
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OVERVIEW OF 2008/2009 RESTRUCTURING AND INSOLVENCY
- Afridi & Angell
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1 What are the main statutes and regulations relating to employment? The main statutes relating to employment are the Portuguese Employment Code (approved by Law 7/2009 of 12 February 2009) and the Regulation of the Employment Code (Law 35/2004 of 29 July 2004) which is still in force notwithstanding the fact that parts have been revoked with the entry into force of the new Employment Code. Within the Employment Code, the vast majority of the rules are mandatory and, therefore, can only be modified by agreement of the parties and only if such amendment is intended to improve the position or rights of the employees.
- F. Castelo Branco & Associados
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Norms for highway projects pact changed
- Seth Dua & Associates
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Power
- Seth Dua & Associates
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Case Laws
- Seth Dua & Associates
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Amendments in Information Technology Act, 2000 The Information Technology (Amendment) Act, 2008 has come into force from October 27, 2009. Some key amendments in the Information Technology Act, 2000 (“IT Act”) are highlighted below:
- Seth Dua & Associates
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- Seth Dua & Associates
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Amendments in (Substantial Acquisition of Shares and Takeovers) Regulations, 1997
- Seth Dua & Associates
The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to
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On December 1, 2009, the Ministry of Justice announced amendments to the Commercial Code setting forth proposed legislation on poison pills. A poison pill is a defensive tactic used by companies to protect management rights in the event of a hostile takeover. It typically works by granting existing shareholders the right to increase their holdings by purchasing newly issued securities at a below-market price. Despite repeated requests from Korean conglomerates to allow poison pills as a management rights protection device, the introduction of poison pill legislation had been delayed due to conflicting views held among different government circles. The government authorities have, however, reached a consensus on the issue, culminating in the announcement of pending legislation by the Ministry of Justice.
– Kim & Chang
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KUKA AG has reached an agreement with its lending banks on extending the debt financing within the scope of KUKA's restructuring.
– Hengeler Mueller
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On March 8, 2010, The Bank of New York Mellon announced that it has agreed to acquire BHF Asset Servicing GmbH (BAS) from BHF-BANK Aktiengesellschaft and Sal. Oppenheim jr. & Cie. S.C.A. for EUR 253 million, subject to regulatory approvals.
– Hengeler Mueller
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– Kim & Chang
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Kim & Chang has a growing list of honors for its representation of clients across the globe, as well as for excellence in the legal profession.
Kim & Chang’s recent honors recognize many of its 700 professionals and practice groups.
– Kim & Chang
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Hengeler Mueller has advised Landesbank Berlin AG (LBB) on the amendment to the act on the LBS Norddeutsche Landesbausparkasse Berlin-Hannover ("LBS-Nord-Gesetz"), a regional public building society.
– Hengeler Mueller
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The "Highstreet" entities, owners of a portfolio of about 90 department stores let to insolvent German retailer Karstadt, have successfully restructured their financial debt obligations.
– Hengeler Mueller
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– Kim & Chang
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KF Fastigheter has acquired parts of the trade area Mobilia in Lund, and will together with Arne Paulssons Byggnads AB develop the area, including i.a. a Coop supermarket. KF Fastigheter has in connection herewith sold a larger property in central Lund to Paulssons. Mannheimer Swartling advised KF Fastigheter.
– Mannheimer Swartling
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Mannheimer Swartling has advised the owners in the sale of Kaul GmbH and UK-affiliate, Capol UK Ltd., to The Riverside Company.
– Mannheimer Swartling