26 January 2017: Migros acquires majority interest in Sushi Mania
Bischofszell Nahrungsmittel AG, a company of the Migros Group, has acquired a majority interest in Sushi Mania SA, a company incorporated in the canton of Fribourg. Sushi Mania specialises in Japanese cuisine and Asian gastronomy.
Using the tax system to reduce inequality is a work in progress
24 Jan 2017 at 04:00 Newspaper section: Business Using the tax system to reduce inequality is a work in progress The seriousness of economic inequality was portrayed dramatically by Oxfam International last week, when it reported that the eight richest people in the world own as much wealth as the 3.6 billion who make up …
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The Malta Individual Investor Programme (MIIP)
A. INTRODUCTION The whole process to obtain a Malta passport via the Malta Individual Investor Program (MIIP) is divided into a number of stages. With each stage, different documentation, forms and fees need to be submitted and paid accordingly.
The Malta Individual Investor Programme (MIIP)
A. INTRODUCTION The whole process to obtain a Malta passport via the Malta Individual Investor Program (MIIP) is divided into a number of stages. With each stage, different documentation, forms and fees need to be submitted and paid accordingly.
Austria: Court rules on rights in environmental impact assessment
If there are two or more conflicting water use projects (eg, hydroelectric power stations), the Water Act provides for a special conflict procedure. A pending conflict procedure suspends decisions in all underlying approval procedures. As a result of the conflict procedure, the project which serves public interests best will take priority over the inferior project. …
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European Commission Proposal Strengthens Privacy Rules for Electronic Communications
Following a leak in early December, the European Commission has officially published the finalised proposed new legislation which aims to strengthen privacy in electronic communications. The Regulation on Privacy and Electronic Communications (“Proposal”) aims to repeal the ePrivacy Directive. These rules will be updating existing laws and bringing them in line with the new General …
5 January 2017: Takeover of Pax Anlage AG by Baloîse
Baloîse (SIX: BALN) is to acquire a majority stake in publicly listed real-estate company Pax Anlage AG (SIX: PAXN). By entering into agreements with majority shareholders Pax Holding (Genossenschaft), Pax, Schweizerische Lebensversicherungs-Gesellschaft AG and Nürnberger Lebensversicherung AG, Baloîse Life Ltd will acquire around 70 per cent of the share capital and voting rights. Today, Baloîse …
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New PPP Law in Romania to jump-start the use of public-private partnership
The highly anticipated new Romanian law on public-private partnership (“New PPP Law”) has been finally enacted and will enter into force on 25 December 2016. It replaces the former Law no. 178/2010 on public-private partnership, which due to significant legislative inconsistencies has failed to accommodate any public-private partnership (“PPP”).
Recent Developments and Legal Landscape on Procurement of Medicines from Abroad
I – Introduction and Recent News on the Assignment of the Duties to Social Security Institution In Turkey, import and sale of medicines are subject to licensing requirements of the Ministry of Health ("Ministry"). The principle is that medicines which are not licensed in Turkey cannot be put on the Turkish market. "Procurement of medicines …
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2016 brought some substantial changes in Austria’s Criminal Law provisions – A Review
In 2016, Austrian Criminal Law experienced some substantive legal developments in both, procedural and material aspects. The following overview reflects the most relevant developments in Austrian Criminal Law in 2016. 1. Material changes 1.1. Breach of trust With effect from 1 January 2016, the offence "breach of trust" in sec 153 of the Austrian Criminal Code ("ACC") has …