As Contracting Authorities will be aware, in circumstances where the Negotiated Procedure is used, they are able to negotiate with tenderers in order that their tenders can be adapted to meet the requirements in the contract notice, the specificatio...

The UK Government has published the eagerly awaited draft regulations to implement the new Public Sector Directive. Consultation will be open until 17 October 2014. You can respond to: transposition@cabinet-office.gsi.gov.uk The Consultation Documen...

On 17 July 2017, a new Appendix H to the Technology and Construction Court Guide was published which provides guidance on procedures for public procurement cases (the “Guide”). Although this detailed procedural guidance is likely to prove usefu...

The establishment of more open public procurement systems, that is, procurement systems which offer foreign suppliers access to the award of public contracts on the basis of no less favourable terms than to domestic suppliers, constitutes an essenti...

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This article examines an alternative to the two predominant purchase price mechanisms used in M&A transactions in South Africa. When applied correctly, it leads to an expedited determination of the final purchase price and allows for flexibility...

Mergers and acquisitions (“M&As”) involving privately held companies in South Africa entail various legal, financial and other issues. Advanced preparation and an understanding of the fundamental practical and legal issues concerned ...

While companies are trying to find ways to ensure health and well-being of their work-force and align those measures with business continuity as usual, it is equally important that deal managers look out for risks associated with the spread of virus...

  Coronavirus: effect on M&A sales process The implementation of sales processes is currently facing particular challenges: bidders are dropping out, financing can no longer be implemented, the business plans of the targets can no longer be...

Coronavirus: withdrawal from the SPA - MAC clauses in the sales contract What is the rule in the USA is rather rare in Germany; so-called Material Adverse Change clauses (or MAC clauses), which grant the buyer a right to withdraw from the purchase...

Iminjan Seydin appeared in a video praising the government after he was missing for three years.

The guards were acting at the behest of a pro-Beijing politician whose authority to order their removal has been questioned.

Those sent home will continue to be monitored by local officials for signs of ill health, though, provincial officials say.

New law requiring vehicles to have license plates led to traffic fine bonanza.

For companies that are financially stressed or distressed, a sale of the company or its business and assets might be the best exit route for its stakeholders. The desire to exit through a sale is often the preferred method for financial creditors wh...

Coronavirus piles more pressure and strain on the automotive sector, disruption supply chains, factory closures and restructuring The COVID-19 (Coronavirus) outbreak has now been labelled a pandemic by the World Health Organisation (WHO). COVID-19 ...

The European Commission published new Regulations on harmonised requirements in respect of sustainability-related disclosures and benchmarks contributing to sustainable finance (EU/2019/2089) (the “Disclosure Regulation”) in the Official...

On 16 October 2019, the FCA published their feedback statement FS19/6 on Climate Change and Green Finance[1]. This feedback statement summarises the responses from stakeholders to the Discussion Paper (DP18/8) on Climate Change and Green Finance[2] ...

Sell-side reluctance to accept delegation of reporting under the Securities Financing Transaction Regulation (“SFTR”) is causing a headache for buy-side firms.  If buy-side firms are unable to establish delegation arrangements they ...

On Friday 14 February 2020, the International Swaps and Derivatives Association, Inc. (“ISDA”) published the ISDA Collateral Agreement Interest Rate Definitions (the “Collateral Rate Definitions”). The Collateral Rate Definit...

The Financial Conduct Authority (the “FCA”) sent a letter to all UK regulated asset managers on 27 February 2020 (the “Dear CEO Letter”), to encourage the sector to prepare for the cessation of the sterling London interbank o...

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The 25th April 2012 marked the implementation of the first  phase of amendments to the Licensing Act 2003 (‘the Licensing Act’) ...

The parties to a commercial agreement may find that they have assumed contractual obligations that are more onerous than they might appear. The High Court decision in Ryanair Ltd v SR Technics Ireland Ltd illustrates the perils of taking a contract...

It is proposed that the rule against perpetuities should no longer apply to property transactions, but only for those entered into after the law has changed.   A Perpetuities and Accumulations Bill has been published and underwent its second re...

The Land Registry is changing its practice on the discharge of mortgages in cases where form DS1 is not available when the application is made to the Land Registry. On 3 August 2009, the Land Registry will implement an important change in practice ...

The Chancellor’s Autumn Statement contained the following stamp duty land tax announcement regarding the tax-free ...

By 2030, according to Forbes, millennials will make up 75% of the workforce. Digitally wired since their childhoods, millennials favour work-life integration rather than work-life balance reflecting the way today’s boundaries between professio...

As many of us know all too well, the coronavirus pandemic has forced companies and their personnel to shift their operations to a remote, work-from-home (or WFH) environment. This change has had a profound effect on outsourcing providers and their c...

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The Carbon Tax Act No. 15 of 2019 | Effective as of 1 June 2019 “Reducing the impacts of climate change through facilitating a viable and fair transition to a low-carbon economy is essential to ensure an environmentally sustainable economic gr...

Following the publication by the European Commission of the conclusions on best available techniques (BAT) in the waste sector on 17th August 2018, the operators are required to submit a reconsideration file (“dossier de réexamen”...

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The Withdrawal Agreement was signed by Boris Johnson on 24 January 2020 and has been ratified by the EU. As part of the Withdrawal Agreement, the UK and the EU have agreed a transition period to provide continuity and certainty while they negotiate ...

After failing to complete its passage through Parliament at the end of 2019, the Environment Bill (“the Bill”) was back in Parliament on 30 January 2020. Amid widespread concern that the UK will not uphold existing standards of environme...

The Rivers State Government has asked it's Attorney-General and Commissioner for Justice to auction all vehicles that were impounded for violating the state’s lockdown directive.

Paulinus Nsirim, the state's Commissioner for Information and Communications, in a statement on Thursday, said interested Nigerians should check selected Nigerian newspapers in order to place their bids.

The statement reads, “Government will deal decisively with the residents of these areas if they are found to default again. 

“Anyone parading exemption letters except the one issued by the governor is doing so at his or her own risk as such permits are invalid.

“The Attorney-General and Commissioner for Justice has been directed to auction all vehicles that violated the lockdown order.

“Members of the public who are interested to buy the auctioned vehicles are to watch out for details in The Sun, The Nation and Vanguard Newspapers.”

Kogi State governor, Yahaya Bello, has ordered visiting officials of the Nigeria Centre for Disease Control to go into isolation at a quarantine centre for 14 days.

Bello gave the directive on Thursday night when the NCDC officials led by Dr Andrew Noah showed up at the Government House, in Lokoja, the state capital.

The agency had sent a delegation of rapid response team to ascertain the true status of Kogi as a COVID-19-free state. 

The governor said that the step was to ensure that the laid down procedure of checkmating the scourge by NCDC was strictly followed.

Presenting a letter titled: “Deployment of Rapid Response Squad to help in fighting COVID-19,” Dr Noah explained that the mission of the NCDC was to provide logistics to all states of the federation of which Kogi could not be left out.

He said two members of the team would be left behind to help the state and support efforts already in place.

Speaking shortly after receiving the letter, Bello outlined steps taken so far by the state to fight the COVID-19 pandemic.

He then asked that the NCDC officials be subjected to testing and isolated in the state quarantine centre or leave the state immediately if they refused.

Eversheds Sutherland has advised the CEO and owner of saracus group on the sale of the group to an investment fund managed by private equity investor Maxburg Capital Partners. The parties agreed to keep the purchase price confidential. The client w...

Update | 23. 4. 2020: The Parliament passed the act on certain measures to mitigate the effects of the SARS CoV-2 coronavirus epidemic on tenants of business premises. The new act will be effective once signed by the President and published in the C...

Our Privacy and Cybersecurity team are proud to present the latest edition of Updata. Our international quarterly update provides you with a compilation of privacy and cybersecurity, regulatory and legal updates from our contributors around the worl...

Eversheds Sutherland El Heni is the only law firm in Tunisia that has been nominated top tier in all  practice areas Foreign Firm, Banking & Finance, Commercial/Corporate/M&A by international independent law firm directory, The Legal 50...

Eversheds Sutherland were delighted to partner with Women in ETFs for a one hour webinar 'Navigating Lockdown and Beyond - Practical steps to support ourselves and others through a unique time' on 30 April. The presentation was delivered by Á...

We acted as legal advisor when the shareholders of Oy Basso Media Ltd. sold all shares of Oy Basso Media Ltd. to Bauer Media Holding Oy. Other financial arrangements were also carried out in connection with the transaction. Basso Media will continue...

In connection with the spread of Covid-19, extensive crisis measures have been announced in the Czech Republic with a major impact on all business activities nationwide. Below we provide answers to frequently asked questions, especially in the area ...

We are continually updating this guide in response to the gradual publication of official information by public authorities. Latest update: 5 May 2020, 17:00 (Restrictions on movement of persons, Mandatory quarantine when crossing borders, Children&...

By Fan Lulu and Boy Luethje HONOLULU (July 31, 2019)—With more than 800 million Internet users, China has become the global leader in e-commerce—the buying and selling of products and services online. Taobao (roughly “treasure hunt” in English) is the leading Chinese online shopping and e-commerce website, founded by the Alibaba Group. As of 2018, more than 580 million active users visited Taobao and its sister website Tmall every month.

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.

By East-West Center HONOLULU (October 4, 2019)—President Donald Trump first laid out a vision for a “free and open Indo-Pacific” at the November 2017 Asia-Pacific Economic Cooperation (APEC) Summit in Vietnam. From the start, statements describing the emerging US Indo-Pacific strategy have recognized the central role of Southeast Asia. The US approach to the Indo-Pacific focuses on three vital areas: enhancing shared prosperity, championing good governance and civil society, and ensuring a peaceful and secure regional order. Two recent visitors to the East-West Center described the potential role of the 10-member Association of Southeast Asian Nations (ASEAN) in the US Indo-Pacific strategy and spelled out several steps that the United States needs to take to strengthen US-ASEAN...

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.

A close look at the evidence suggests that China has not been engaged in “debt-trap diplomacy” in the Pacific, at least not so far. Nonetheless, if future Chinese lending continues on a business-as-usual basis, serious problems of debt sustainability will arise, and concerns about quality and corruption are valid. By Jonathan Pryke HONOLULU (March 2, 2020)—In an atmosphere of heightened geostrategic competition, China’s Belt and Road Initiative (BRI) has raised questions about the risk of debt problems in less-developed countries. Such risks are especially worrying for the small and fragile economies of the Pacific.

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.