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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
Click here to read the feature.
GC Powerlist -
INSIGHT: Hard graft
the pan-Europe bribery crackdown
As European agencies turn up the heat on bribery and corruption, we team up with Simmons & Simmons to assess how clients are responding.
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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.
The Bundesverfassungsgericht, Germany’s Federal Constitutional Court, recently had to grapple with the issue of whether greater value ought to be attached to artistic freedom or copyright law in a given case. In its judgment of May 31, the Court chose to bolster artistic freedom (Az. 1 BvR 1585/13).
On September 7, 2016 VEGAS LEX organized a roundtable on Private Investment and PPP in the Defence Industry: Participants, Mechanisms and Prospects as part of the ARMY 2016 international military technical forum.
Anyone who does not wish to have their estate distributed in accordance with the rules of intestate succession needs to prepare a will or contract of inheritance. In order to prevent disputes from occurring, it is important that the testator’s final wishes be clear.
Schoenherr Bratislava has advised the Albéa group ("Albéa") on the acquisition of 100 % of the shares in SCANDOLARA TUB-EST, s.r.o. ("Scandolara"), a Slovak subsidiary of the Italian Scandolara Group, which produces laminate tubes. read more...
Basellandschaftliche Kantonalbank (BLKB) and the Swiss robo-advisor True Wealth AG have entered into a strategic partnership. BLKB further acquired a minority stake in True Wealth.
Recordati, an international pharmaceutical group listed on the Italian Stock Exchange, acquires the Swiss pharmaceutical company Pro Farma AG.
On 22 July 2016, the shareholder sold a majority stake in the AutoForm Group to Astorg Partners. AutoForm Group is a leading provider of software solutions for the design and sheet metal forming simulation. Astorg Partners is one of the most successful independent private equity companies in Europe.
Kyiv, 9 September 2016 - AVELLUM advises Custos Invest & Finance Inc., one of the Datagroup’s shareholders, in connection with the increase of the stake of Horizon Capital in Datagroup from significant minority to over 70%.
If a car dealership advertises with a manufacturer’s logo without being an authorized dealer, this may constitute misleading advertising vis-à-vis consumers and violate competition law.
Baker & Partners will be holding a Breakfast Briefing on fraud and asset recovery cases involving financial institutions on 22 nd September, 8.00-9.30am, at The Royal Yacht Hotel.