With the sentence of the 26th of September 2019, cause C-63/18, the European Court of Justice has held the Italian legislation that limits, in a general and abstract manner, the portion of a contract that the tenderer is authorised to subcontract to third parties, as non-compatible with European law in subject of public contracts.
While M&A deals were still booming in Germany in 2018, the trend has since been downward. Apart from the state of the economy, stricter controls may also be responsible for this.
In the case of mass dismissals, an employer is allowed to go ahead and sign termination notices before the notice of collective dismissal has been received by Germany’s Federal Employment Agency, the Agentur für Arbeit. That was the verdict of the Bundesarbeitsgericht, Germany’s Federal Labor Court.
A Chinese manufacturer of motor scooters is not in breach of an Italian competitor’s intellectual property rights. That was the verdict of the General Court of the European Union (EGC) in a ruling from September 24, 2019 (Az. T-219/18).
Hengeler Mueller, together with Simpson Thacher & Bartlett in London and New York, Davies Ward Phillips & Vineberg LLP in Toronto and various other European local counsel, advises funds managed by The Blackstone Group LP on the acquisition of Dream Global REIT ("Dream Global"). The Canadian real estate investment trust listed in Toronto and Frankfurt …
The owners of Boxine GmbH, a producer and distributor of award-winning audio-systems for children, have sold a stake in the company to Munich-based industrial holding Armira and selected co-investors. The founders remain executive directors of Boxine GmbH and shareholders of the company.
HELLA GmbH & Co. KGaA, one of the world's leading automotive suppliers for lighting and electronics, has successfully placed a corporate bond with a volume of € 500 million and a term of over seven years on the capital market. The coupon on the bond, which matures on 26 January 2027, is 0.5 percent.
Elanco Animal Health Incorporated today announced it had entered into an agreement with Bayer AG to acquire its animal health business in a transaction valued at $7.6 billion. The transaction will be financed by a 70% cash/30% equity combination.
innogy SE has sold its 49 per cent stake in the business of the Slovakian VSEH (Východoslovenská energetika Holding a. s.), based in Kosice, to RWE. VSEH is a holding company whose subsidiaries are engaged in the business of electricity supply and distribution as well as retail in Slovakia.
Heirs are obligated to amend or subsequently file the testator’s incomplete or missing tax returns.