How depository accounting of shares improves business security and opens up new opportunities for digitalising corporate governance
The problem of improper interference with the ownership structure of limited liability companies (LLCs) has been a persistent issue in Ukraine for many years. Businesses have repeatedly faced situations where shares in the charter capital have unreasonably “disappeared” from the Unified State Register (USR), and control over the company has been unauthorized transferred to third …
Legal side of M&A in the Ukrainian energy sector: stages, risks and key aspects
Despite the war, energy remains one of the most attractive industries for investors: in 2024 it provided 21% of the total income of the economy. This stimulates activity in the M&A market, where complex transactions require comprehensive legal support.
PRE-LIQUIDATION AUDIT OF COMPANY ACTIVITY: PROCEDURE, TIPS, AND RISKS
The liquidation of a company is a legal process of terminating a legal entity, which may be initiated either by the business owners or on the grounds stipulated by law. Reasons for liquidation may include the completion of business operations, internal restructuring of a business group, economic impracticality of further operations, or changes in the …
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TRAFFIC VIOLATIONS IN THE UAE
The UAE traffic laws are stipulated under Federal Decree Law No. 14 of 2024. These laws are applicable throughout the UAE, across the seven Emirates. It is important to follow these rules to ensure the safety of road users and to avoid incurring hefty fines and penalties. Repetition of offences generally lead to aggravated penalties. …
IS DIVORCE THROUGH WHATSAPP VALID UNDER UAE LAW?
In the UAE, divorce and related matters are governed by the UAE family Law. Due to the presence of various communities coexisting in the country, the UAE government has enacted separate laws for Muslim and non-Muslim citizens and residents. Thus, the UAE family law is provided under three main laws. Federal Decree Law No. 41 …
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ARE APARTMENT PARTITIONS ALLOWED UNDER UAE LAW?
With an enormous population of expatriates in the UAE, a large number of people choose to live in co-living spaces as they are an economical option. Although co living is not banned as per federal or local laws, one must take safety regulations and the tenancy agreement into consideration before choosing co-living options.
Employee Put on Unpaid Leave Pending Medical Assessment of Fitness to Work Wins Payment of Wages Claim
In Noel Kelly v Go Ahead Bus Ireland (ADJ-0005112), the Workplace Relations Commission (“the WRC”) found for the Complainant Mr Kelly in a Payment of Wages claim. The Complainant was not paid by his employer while an investigation took place surrounding his fitness to work. The WRC Adjudicator, Catherine Byrne, found that the Complainant ought …
Employer Successfully Defends Claim of Sexual Harassment Due to its Post-Incident Actions
This case Serhat Aksakal v. Kivaway2 Limited trading as the Odeon (ADJ-00053151) concerned a complaint under the Employment Equality Acts 1998-2015 (“the Acts”). The Complainant claimed the Respondent discriminated against him on the grounds of his gender, in circumstances where he was subjected to sexual harassment in the workplace. He also lodged a Payment of …
WRC Finds Employer Breached TUPE Regulations by Unilaterally Changing Employee’s Terms and Conditions of Employment
In Kathy Coleman v Cáirde Credit Union Ltd (ADJ-00054649), the Complainant brought a number of complaints alleging that the Respondent breached the European Communities (Protection of Employees on Transfer of Undertakings) Regulations 2003 (“TUPE Regulations”). The Complainant alleged that the Respondent unilaterally changed the terms and conditions of her employment and had dismissed her through …
Paperless Pitfalls: Enforceability of Scanned Contracts and Real Estate-Linked Guarantees in Vietnam – A Case Study
Background In a high-value cross-border financing transaction, a foreign lender (the “Lender”), a foreign arranger (the “Arranger”), and a Vietnamese real estate developer (the “Borrower”) entered into a facility agreement (the “Facility Agreement”) under which the Lender agreed to extend a loan of up to USD 400 million. As consideration, the Borrower undertook to pay …