8 November 2016: Next Generation takes over Lunchgate
Simultaneously with a capital increase a group of investors led by Nikolaus Wein and Yves Latour has acquired a majority stake in Lunchgate AG from its founders. Lunchgate, Switzerland’s leading restaurant platform, was founded in 2009 as ICT startup and has developed a comprehensive product portfolio for restaurateurs and gastronomy groups.
2 November 2016: Victory before the Supreme Court
With decision dated 6 October 2016, the Swiss Federal Supreme Court fully rejected a motion to set aside an arbitral award. The decision resulted from a dispute in the amount of about USD 35 million concerning the aviation industry.
Thailand Trademark Reform: The Key Points You Need To Know
The revised Thai Trademark Act is in force since 28 July 2016. We have listed below the key changes legal practitioners and brand owners alike need to know about. thailand_trademark_reform
Another Shockwave for Real Property
1 Nov 2016 at 04:00 / NEWSPAPER SECTION: BUSINESS Another Shockwave for Real Property It is undeniable that real property has taken the biggest hit from the tax policies of the current military government. The new gift and inheritance taxes focus on real property, while the new property tax is designed to correct the flaws of …
Luxembourg regulator updates rules for UCITS depositaries
Luxembourg’s Financial Sector Supervisory Authority (CSSF) has issued on October 11, 2016 Circular 16/644, which sets out revised rules applicable to all Luxembourg credit institutions acting as depositary banks for UCITS funds as well as to all Luxembourg UCITS, including self-managed funds, and/or their management companies. The circular sets out regulatory requirements clarifying rules under …
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Bangladesh-The New Business Hub of Asia!
Ferdausur Rahman, Barrister (Lincoln's Inn) and Partner, A.S & Associates highlights the business opportunities in thefast growing economy of Bangladesh.Bangladesh is a booming economy, recently making the list of low-middle income countries as per the World Bank.According to the IMF, the Bangladeshi economy is projected to grow from $180 billion to $322 billion by 2021. …
Non-Performing Loan Recovery
Legal Challenges: In Bangladesh, the foremost challenge for the financial institutes is Non-Performing Loan (NPL) recovery. Recently the Ministry of Finance of the Government of the People's Republic of Bangladesh informed the national Parliament that the total amount of non-performing loan is BDT 560 Billion. According to Bangladesh Bank, the Central Bank of Bangladesh, NPL …
Claeys & Engels launches www.gdprbelgium.be today
The General Data Protection Regulation will be applicable as from 25 May 2018. Visit our website to find out what this means for your HR policy. The Claeys & Engels data protection team is all set for the GDPR and is eager to assist you in making your company “GDPR-proof”. To assist you during the preparations of …
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Cyprus : Warrant Of Search Issued Against A Lawyer Cancelled Due To Violation Of Legal Professional
In the recent case RE: ANTONAKIS ANDREOU & CO LLC, a Supreme Court Judge, in Certiorari proceedings, cancelled a warrant issued against a lawyer and his law firm, for the search of the lawyer’s premises, on the ground that the law firm withheld certain important documents, relating to the alleged commission of serious crimes, by …
CYPRUS: English Court Guidance on Anti-suit Injunctions
In a recent decision of the English Commercial Court in ESSAR SHIPPING LTD –v- BANK OF CHINA LTD (2015) it has been held that an applicant to an anti-suit injunction shall act promptly and not sleep on his rights.