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Legal market overview
With the Danish economy growing, many law firms are experiencing an increase in cross-border mandates in the real estate and construction market, as Denmark is considered to be a safe haven for foreign investment. Firms in the M&A market have also seen an increase in activity, particularly in the context of international acquisitions. The Alternative Investment Fund Managers Directive, which was introduced by the EU in 2011, has created regulatory challenges but, with it, also opportunities for pension funds and private equity houses.
Johan Schlüter Advokatfirma, previously a major player in the IP, media and entertainment sectors, was declared bankrupt in October 2015. A number of former partners have already moved to firms such as Aumento Law Firm, Lett Law Firm and Magnusson Advokatfirma.
Legal Business: country analysis
Breaking new ground – advisers hope shale revolution can restart CEE market
Weighed down by political unrest and slowing economies, energy and infra projects look like one area to be driving
the CEE economy. Can the shale revolution power up
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the pan-Europe bribery crackdown
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Since introduced into Danish Law with effect of 1 January 2008 the Danish judicial system has gained its first important experiences with class action as a way of handling disputes with multiple similar claims. At Lundsgaard & Partnere... Don't bank on it
Partner Søren Stenderup Jensen and Assistant Attorney Sebina Harder have written the article "Water plans and buffer strips: reducing emissions into watercourses", which has been published in the current edition of International Law Office (ILO).
Legal Consultant Casper Bjerregaard Eskildsen has published the article "Insourcing and Outsourcing in a VAT Context" in the latest issue of Intertax.
Partner Søren Stenderup Jensen and Senior Attorney Ellen Skodborggaard have contributed the article "Monster Rain: Further advice on how to avoid damage from flooding" to the latest issue of International Law Office (ILO).
The latest issue of the International Law Office (ILO) newsletter on environmental law includes the article "Agency introduces guidelines on low frequency noise from wind turbines" by Søren Stenderup Jensen and Sebina Harder .
Health and safety at work The amendments to the Danish Anti-Smoking Act recently entered into force, and workplace smoking policies may therefore need to be amended.
Discrimination - Equal Treatment Act The question of whether EU law entitles an employee under notice to receive pay during the notice period if this period coincides with a period of unpaid parental leave will be considered by the Danish Supreme Court.
Discrimination - Equal Treatment Act Supreme Court ruling on compensation under the Part-Time Employment Act A dental assistant who was dismissed after refusing to work full time was awarded 3 months’ pay by the Danish Supreme Court.
Discrimination - Equal Treatment Act The Danish Supreme Court refuses to refer the issue of lower pay and termination due to age of under-18s to the EU Court. Age discrimination is prohibited by the Danish Anti-Discrimination Act and the Employment Equality Directive. In Denmark, however, this general principle is subject to the derogation that employers are permitted to pay under-18s less than adults and to terminate their employment once they turn 18, so long as the employer is comprised by a collective agreement containing specific provisions on under-18s in relation to recruitment, payment and termination.
Holiday The EU Court recently ruled that employees who fall sick during holiday are entitled to replacement holiday.
Piracy and copyright infringements are on the increase. As such, it is all the more important to take appropriate measures to protect one’s trademarks and intellectual property.
On October 12, 2016, VEGAS LEX organized a workshop, Advertising in the pharmaceutical sector: risk matrix , for representatives of pharmaceutical companies, manufacturers of medical devices and dietary supplements.
No distinction is made between “Mac” and “Mc” for the purposes of trademark law. The General Court of the European Union (EGC) ruled that whether the syllable includes an “a” is of no great significance (Az.: T-518/13).
Anyone who includes false statements in their application documents risks having their employment contract terminated with immediate effect.
The renewable energy company OX2 has been retained to construct the Lehtirova wind farm generating 148 MW (41 wind power turbines) in Norrbotten. The customer is Aquila Capital. Foyen Advokatfirma assisted OX2 in the negotiations regarding the turbine supply agreement and the service agreement with the turbine supplier, Vestas. The partner in charge at Foyen was Jacob Hamilton.
Members of the truck cartel will have to pay a fine totaling approx. 2.9 billion euros, and things could become even more expensive if damages claims brought by clients follow.
The IFLR1000 2017 Financial and Corporate rankings were published on October 14, 2016. VEGAS LEX improved its positions in Project finance and Mergers and acquisitions. Chairman of the Board of Partners Albert Eganyan was noted as a leading lawyer in the Project finance category.
The inheritance tax reforms have still yet to be finalized. With the Bundesrat, the upper house of the German parliament, having blocked the draft legislation on July 8, no further decision is expected to be taken before the autumn.
In an action brought by CL Educate Limited, the company behind Career Launcher (popularly known as CL), India’s premier test prep institutions, the Delhi High Court has restrained competitor Think and Learn Pvt. Ltd. (popularly known as Byju’s) and its directors from infringing and misusing CL’s trademarks to lure prospective students into enrolling.
Early signs of the new shape of IP litigation under the Commercial Courts Act are being seen in the speed with which the Delhi High Court disposed of a suit filed by Tata Sons Ltd. on the second date of hearing, applying the ‘summary judgment’ provisions contained in this Act.