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Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

Legal Developments Worldwide

Hungary: Towards strengthened investor protection

August 2016 - Finance. Legal Developments by Schönherr.

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After the broker scandals of 2015, the government introduced new protective measures this year to restore Hungarian investors' trust in capital markets instruments and investment service providers. In 2015, it was discovered that some local broker houses had manipulated their information systems and as a result their reports on securities were not an accurate reflection of the reality. read more...

Brief Introduction to Issuing QIB Securities in Korea

August 2016 - Finance. Legal Developments by Bae, Kim & Lee LLC.

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To date, most issuance of bonds in the Korean capital markets has been focused on the public market, but in regard to issuance of bonds in the public market, there is an obligation to file a securities registration statement for investor protection purposes and there are broad disclosure obligations even during the period of secondary distribution and trading of such securities.

ECJ issues preliminary ruling on cross-border mergers

August 2016 - Corporate & Commercial. Legal Developments by Schönherr.

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On August 28 2014 the Austrian Supreme Court submitted a request to the European Court of Justice (ECJ) (6 Ob 137/13 k) for a preliminary ruling on the interpretation of EU law regarding cross-border mergers. read more...

#Rio2016 - A Trademark Infringement?

August 2016 - Intellectual Property. Legal Developments by Schönherr.

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Recent media coverage has reported that it will be prohibited for companies to use hashtags such as #Rio2016, or to share official reports regarding the Olympic Games on social media. Are these serious threats? Or are they simply (unsuitable) attempts to protect official sponsors as comprehensively as possible? read more...

Exemptions under Data Protection Law

August 2016 - TMT ( Technology, Media & Telecoms). Legal Developments by ELIG, Attorneys-at-Law .

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The Data Protection Law came into force on April 7 2016. It applies to:

  • real persons whose personal data is processed; and
  • real persons and legal entities that process such data (wholly or partly) by automatic means or as part of a data filing system by non-automatic means.

Therefore, the general scope of the law is broad and similar to the EU Data Protection Directive (95/46/EC).

[South Korea] 2016 Proposed Tax Law Amendments

August 2016 - Tax & Private Client. Legal Developments by Bae, Kim & Lee LLC.

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On July 28, 2016, the Ministry of Strategy and Finance announced its proposed tax law amendments for 2016. According to the proposal, the revisions are aimed at increasing the engines for growth and promoting fairness in taxation in accordance with the mid- to long-term tax policy initiatives of the government. The proposed amendments are expected to come into effect on January 1, 2017 pending approval by the National Assembly.

Provided below is a highlight of some key proposed amendments.

Cayman Compliance and Transparency

August 2016 - Corporate & Commercial. Legal Developments by Stuarts, Walker Hersant Humphries Attorneys-At-Law.

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The Cayman Islands is a transparent International Financial Centre which complies with all global standards on tax transparency and information exchange.

Disclosure of Confidential Information within the Cayman Islands’ Financial Services Industry

August 2016 - Litigation & Dispute Resolution. Legal Developments by Stuarts, Walker Hersant Humphries Attorneys-At-Law.

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The Government published The Confidential Information Disclosure Bill (“CIDB”) on 11 May 2016 which will come into force by September 2016.

Hungary: A new era in electronic litigation has begun

August 2016 - Litigation & Dispute Resolution. Legal Developments by Schönherr.

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As of 1 July 2016, an amendment to Act III of 1952 on the Code of Civil Procedure ("Act") came into force introducing the possibility – sometimes the obligation – to communicate with the courts electronically. read more...

Conciliation Commission: a Relic of the Past or an Effective Tool to Resolve Labor Disputes?

August 2016 - Employment. Legal Developments by AEQUITAS.

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Conciliation Commission: a Relic of the Past or an Effective Tool to Resolve Labor Disputes?

Alexandr Chumachenko, Associate, AEQUITAS Law Firm LLP

On 1 January 2016, Kazakhstan enacted its new Labor Code, which, among other things, altered the procedure for the review and settlement of individual labor disputes.  Now, before going to court, the employer and the employee must have their individual labor dispute reviewed by a special body – conciliation commission.