In Sweden, there are mainly two systems for resolving a commercial dispute; litigation or arbitration. To effectively navigate the Swedish legal landscape, it is crucial to understand the intricate aspects of both systems. This article aims to provide foreign parties with an overview of the litigation and arbitration processes in Sweden, covering various aspects such …
Under Romanian law, foreign judgments are jurisdictional acts, whether contentious or not, issued by courts, notaries or any other competent authority from a non-EU state. Similarly, foreign arbitral awards are international or national arbitral awards rendered in a foreign state and which are not considered national judgments in Romania. In principle, the Romanian law requires …
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On 1 December 2023, the Swedish Act on Screening of Foreign Direct Investment (the “Swedish FDI Act” or the “Act”) entered into force. The Swedish FDI Act provides for the screening, and if necessary, prohibition of foreign direct investments into protected activities. The Act requires pre-notification of an investment, prescribes a prohibition for completion of …
Norway has long traditions as a maritime nation. Due to the country’s proximity to the sea, many Norwegian exporting industries are strategically situated along the coastline and use ships as the primary means of transporting goods. It should therefore come as no surprise that carriage of goods by sea is a key issue in Norwegian …
P. N. Kourtellos & Associates LLC is driven by a sincere commitment to delivering distinguished legal services to our clients in Cyprus and internationally. Our approach combines a deep respect for the traditions of the legal profession with a forward-looking perspective on legal challenges, allowing us to guide those we represent with integrity and strategic …
Focus on: Employment in Denmark
The Danish labour market consists of small and medium-sized enterprises as well as large multinationals. Generally, the business sector is characterised by an excellent ability to adapt to market changes and a workforce with a high level of individual specialisation and education. The Danish labour market, the so-called “Danish Model”, has three main features: …
Doing Business In: Morocco
Located in the northwest of the African continent and 15 kilometers from Europe of which it is separated by the Strait of Gibraltar, Morocco is a privileged geostrategic crossroads between Africa, Europe and the Arab world. The ongoing improvement of the business climate, the opening up of trade combined with the liberalization of productive sectors …
Doing Business In: Azerbaijan
As the largest country in the South Caucasus for both its territory and population, Azerbaijan has undergone enormous advancements both in economy and in national legal framework. Those developments are ranging from the significant changes in legislation, the establishment of centralized real estate and movable property registries, the establishment of e-government, the adoption of international …