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The Supreme Court has in Oceanbulk Shipping & Trading SA v TMT Asia Ltd & Ors held that without prejudice negotiations which form part of the factual matrix leading to a settlement agreement will be admissible as evidence to assist in the interpretation of that settlement agreement.

A number of changes have been made to insolvency procedure to remove various discrepancies and controversial practices.

Foreign investors in China will find that the filing process for real estate projects could become swifter.

A new tax circular relating to the increase of the cap on deductible advertisement and promotion fees in China’s pharmaceutical, cosmetic and beverage industries.was introduced on 31 July 2009 (“Circular”).

As of 1 June 2012 the Prague Stock Exchange has created a special market segment – START.

A number of changes have been introduced affecting non-EU nationals entering and remaining in the Czech Republic.

Stricter rules for issuing work permits to non-EU nationals in 2012 have been announced by the Ministry of Labour and Social Affairs.

From 1 September 2008, data on unsuccessful call attempts must be retained by telecoms operators for between six months and one year, and then destroyed at the end of the data retention period.

The planning and construction procedures for transport infrastructure have been simplified and shortened under new legislation introduced on 27 November 2009.

This morning the European Court of Justice (ECJ) delivered its much anticipated Decision in the Test-Achats case.

The French government announced last week that it will launch in May 2011 a tender for 10 billion Euros of offshore wind farms with a total capacity of 3000 megawatts (MW), stretching along the French coast.

News about shale gas continues to dominate the energy press.

In accordance with Directive 2010/13/EU ("Audiovisual Media Services Directive"), product placement is permitted under Hungarian law (Act CLXXXV of 2010 on Media Services and Mass Media – "Media Act"), subject to a number of safeguards.

From 2012, the transfer and use of road vehicles will be taxed according to new rules...

On 1 July 2011, the new EU VAT Regulation became directly applicable and therefore takes precedence over domestic VAT laws and practice in all EU member states.

Supervisory board members can now be held liable for ensuring that their company's financial and management reports comply with the requirements of Accounting Act.

The acquisitions of Huta Łabędy and Nadwiślańska Spółka Energetyczna by Kompania Węglowa have both been approved by UOKiK, Poland’s competition authority.