The Legal 500 > Sidley Austin > Sydney, AUSTRALIA

Bulgaria: Decision of the Supreme Court regarding termination of a lease agreement

In its decision (No. 24/2nd commercial department) of 12 September 2013, the Supreme Cassation Court of Bulgaria comprehensively expressed its opinion on the substantive legal aspects of the economic adverse change clause[1] and ruled on the termination of a lease agreement on this ground. According to the decision, a fundamental change of the circumstances could lead to early termination of an agreement if such change was not caused by any of the parties and neither of them was able to predict it at signing, as well as if further force and effect of the agreement are contrary to the principles of justice and the bona fide rules. The decision is of major importance, since it marks the first time that a long-term lease agreement has been terminated by court ruling due to an economic adverse change. read more...

- Schönherr
Special compensation contribution to be paid on the termination indemnification

The Royal Decree of 9 March 2014 (published in the Belgian State Gazette on 20 March 2014) determines the method of calculation.

- Claeys & Engels law firm
OntslagWijzer 2014 / Préavis 2014: Update

As you most probably know, Claeys & Engels published a magazine entitled "Ontslagwijzer 2014"/"Préavis 2014" on the occasion of the new dismissal laws which entered into force at the beginning of this year.

- Claeys & Engels law firm
Newsflash - No VAT on management services for defined contribution pension schemes

2014.03.26_-_newsflash_luxembourg_-_no_vat_on_management_services_for_defined_contribution_pension_schemes

- Arendt & Medernach
Legal update - Mars 2014

2014.03_-_legal_update_march_2014

- Arendt & Medernach
OBLIGATION TO MAINTAIN COMPANY WEBSITES UNDER THE NEW TURKISH COMMERCIAL CODE

The (New) Turkish Commercial Code No. 6102 dated July 1, 2012 ('the Law') implemented a number of provisions and brought additional obligations for capital companies. One of such obligations set forth by the Law is the obligation to have a dedicated website. According to Article 1524 of the Law, all capital companies subject to auditing are also required to open a dedicated internet website and publish certain information.

- ADMD Law Office
How to Incorporate in Turkey

Non-resident companies and/or foreign individuals may choose to enter into Turkish market through incorporation of a commercial entity. Find below a summary of relevant information regarding available company types, branches and liaison offices.

- ADMD Law Office
European Union: Unitary Patent System

Nowadays, the protection of a patent can be obtained by using the following routes: read more...

- Schönherr
EU: ECJ rules that Natura 2000 sites not carved in stone!

By its 3 April 2014 judgment in a preliminary ruling procedure, the ECJ has held that in certain cases, the Member States are required to propose to the Commission the declassification of a site on the list of SCIs. This is especially true for those cases in which the owner of land forming part of a site on that list makes a request to declassify that site and proves that the relevant site cannot contribute to the achievement of the objectives set forth in the Habitats Directive. read more...

- Schönherr
Requirements have been approved for healthcare organisations which conduct clinical trials of medica

For the attention of: heads of healthcare organisations which conduct clinical trials of medical products as well as R&D and registration units of producers/distributors of medical products.

- Pepeliaev Group