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Legal Developments - Law Firm Thought Leadership by Dr F. M. Rutschi, Rechtsanwalt

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New Mode of Corporate Governance: One-Tier Boards to be Introduced in Ukraine

GOLAW | January 19, 2021

Businesses all around the world face enormous challenges due to pandemic. Good governance is in demand like never before. Both public and private companies have recognized that corporate governance affects directly their financial performance and long-term development. The governments have seen the value in well-governed companies too, and thus they cooperate with business in updating …

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The new special economic zone for IT business in Ukraine: “Diia City” in details

GOLAW | January 19, 2021

The new ambitious project of the Ukrainian government “Diia City” has been presented in the summer this year as a concept of a special legal framework for IT industry. The initiative was reflected in several draft laws, but some have been rejected already. Currently the draft law #4303 with its alternative versions #4303-1, #4303-2 is …

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Esport is a new niche in IT sector of Ukraine

GOLAW | January 19, 2021

Nowadays, few of us could be surprised by the scale of the esport industry development. Hundreds of thousands of tournaments’ live views, millions of dollars in prize pool and advertising revenue are constantly promoting esport in the world and in Ukraine in particular. The recent privatization of the Dnipro Hotel, which will include an esport …

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Surrogate Advertisements: A trademark gameplay!

Singh&Singh | Malhotra&Hegde | January 19, 2021

Co-authored by Ms. Ravina Rajpal (Partner, Singh&Singh | Malhotra&Hegde) and undersigned, Ms. Khushboo Soni (Associate, Singh&Singh | Malhotra&Hegde) Recently, Diageo India’s advertisement for pocket-size flasks has raised concerns regarding absence of any regulations with respect to advertisement on over-the-top (OTT) platforms.[1] Have you ever wondered why companies like Bacardi, Royal Challenge, Diageo’s Smirnoff etc. market …

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When should an interim order be issued, in order to restrain the alienation of immovable property?

E & G Economides LLC | January 14, 2021

It is only reasonable that any person, physical or legal, who considers on initiating a legal dispute (in order to claim a due debt, compensation or any other remedy to which he claims that he is entitled), to be sceptic and cautious at first. This is mainly because debtors are increasingly engaging in such acts, …

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Combating COVID-19: Legal Requirements and Procedures for the Importation of Vaccine into Malaysia

Azmi & Associates | January 14, 2021

Introduction On 11 March 2020, the World Health Organization (“WHO”) declared the COVID-19 outbreak as a pandemic. Until today, COVID-19 has affected 203 countries and territories around the world and 2 international conveyances (Diamond Princess cruise ship and MS Zaandam cruise ship). In order to stop the spread of COVID-19 virus, a nationwide movement control …

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Revival of Defunct Companies

GVZH Advocates | January 14, 2021

During the first half of 2020, around 10,000 defunct companies were struck off the Malta Business Registry (‘MBR’), in light of a ‘cleaning-up exercise’ undertaken by the local Registrar of Companies (‘Registrar’) in an attempt to remove companies which did not appear to be trading and which have not kept up with the necessary annual …

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The Factors Affecting the Use of Essential Facilities

ELIG Gürkaynak Attorneys-at-Law | January 14, 2021

On November 18, 2020, the General Court of the European Union (“General Court“) upheld the European Commission’s (“Commission“) decision, in which Letuvos geležnkela AB (“Lithuanian Railway“) (“LG“) was found to have abused its dominant position in the Lithuanian rail freight market by removing a section of a railway track used by its competitors.

Brexit Trade and Cooperation Agreement | The Impact on Aviation

GVZH Advocates | January 14, 2021

Following years of ambiguity and fractious negotiations, it was finally announced that on a Christmas Eve like no other, the European Commission and the United Kingdom (UK) had reached a consensus concerning the long-awaited Brexit Trade and Cooperation Agreement (TCA) worth over £650 billion, which shall determine the terms and conditions of their relationship and future collaboration.The …

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Malta’s NFDI Screening Office Act is Out

GVZH Advocates | January 14, 2021

On the 18th of December 2020, Malta’s National Foreign Direct Investment Screening Office Act (the ‘NFDISO Act’) was published, which came into force on the 11th October 2020 and implements Regulation (EU) 2019/452.Last year, the NFDI Screening Office (“NFDI Office”) was set up in Malta, ahead of the publication of the NFDISO Act in compliance with the Regulation. …

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