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 advised Optimas OE Solutions on the sale of part of its French business relating to certain industrial customers to Accursia Capital GmbH. This transaction took place in the context of the sale of other distinct parts of the Opt...

Judicial recess in Jordan usually takes place annually during the months of July and August however due to the worldwide COVID-19 pandemic, the Jordanian Judicial Council (“JJC”) and the Jordanian Bar Association (“JBA”) anno...

Chambers & Partners, an independent editorial and research team recently published the latest editions of Chambers Global and Chambers Europe legal guides. We are proud to announce that Eversheds Sutherland Ots & Co has again been highly...

Eversheds Sutherland advises Glennmont on the sale of a minority stake in 211MW Finnish wind project Eversheds Sutherland has advised Glennmont Partners on its agreed sale of a 15% minority stake in Project Piiparinmäki, a 211.4MW wind farm, to...

Two recent cases demonstrate the efficacy of existing restructuring regimes under Irish company law and more particularly that the Courts in Ireland are receptive and efficient in approving and implementing large multi-jurisdictional restructuring s...

Eversheds Sutherland has announced two changes to its senior management team in Germany. The global law firm has appointed Dr. Alexander Niethammer as new Managing Partner of its German office, while Hamburg-based Partner, Dr. Carola Rathke, takes u...

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...

Businesses across the world are suffering a variety of different losses as a result of the spread of, and public reaction to, coronavirus.  The answer to the question of whether these losses will be covered by your insurance policies is, as wit...

By Sherry P. Broder HONOLULU (August 28, 2019)—Since the 1950s when plastics were first produced, more than 150 million tons of plastic debris have accumulated in the world’s oceans. Marine plastic litter includes large items, such as nets, floats, and other fishing debris, plus tiny microplastic particles that are pervasive and practically invisible to the naked eye—but equally harmful. The International Union for Conservation of Nature (IUCN) estimates that more than 35 percent of all the primary plastics that end up in the oceans are microplastics and that most of these tiny particles originate from textiles. Ingestion of plastic particles by fish, bivalves, and other seafood is particularly concerning for humans, in part because little is known about the pesticides that are...

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.

By East-West Center HONOLULU (March 27, 2020)—Population aging is affecting countries all across Asia. This ongoing demographic transition will leave many of the region’s economies increasingly dependent on an aging, and eventually a shrinking, workforce. Economists disagree, however, on whether population aging will necessarily lead to a slowdown in economic growth.

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

By James H. Spencer, Sumeet Saksena, and Jefferson Fox HONOLULU (1 April 2020)—The current COVID-19 pandemic, which started in Wuhan, China, underscores what the public health community has warned about for more than two decades—the risk of viral diseases capable of spreading from animal to human hosts. The first outbreaks of “bird flu” (highly pathogenic avian influenza―HPAI, subtype H5N1) raised similar concerns 20 years ago―concerns that have persisted with the outbreak of SARS in 2002–2004 and COVID-19 today. New outbreaks of avian influenza are also still occurring in poultry and humans, primarily in Asia but also in other parts of the world.

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

By Rebecca Strating HONOLULU (24 April 2020)—Many argue that China’s increasingly aggressive posture in the South China Sea is an attempt to unilaterally alter the US-led regional order, which includes an emphasis on freedom of navigation. In response, the US has stressed the importance of support from “like-minded” states—including Japan and South Korea—in defending freedom of navigation in the South China Sea and elsewhere. This characterization, however, disguises important differences in attitudes and behavior that could hinder joint efforts to push back against China.

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

  1. Brexit Implications for Social Security Contributions 1.1 If the UK leaves the EU there may be social security implications for UK employers who have employees working in the EU, EEA or Switzerland. If there is a no deal Brexit then action...

  Summary On 1 November HMRC published its much anticipated guidance on the taxation of cryptoassets for businesses. The guidance sets out HMRC’s view on the taxation of transactions involving cryptoasset exchange tokens (such as Bitcoin)...

Italian Digital Service Tax        The Italian 2020 Budget Law (re-)introduced a unilateral Digital Services Tax (“DST”), effective as of January 1st, 2020, that is simi...

  What’s new? On 20 December 2019, HMRC published an updated version of its guidance on the taxation of cryptoassets for individuals. The guidance was updated to include a new section in respect of the location (situs) of exchange tokens ...

Given the development of the COVID-19 situation, it was anticipated that the UK government Budget would have a very different focus than originally expected. Trailed as the showcase fiscal policy event of the new Conservative government, it was alw...

The UK government announced at the March Budget that they intend to introduce a requirement for large businesses to notify HMRC where they adopt an “uncertain tax treatment”.  The proposal is designed to improve HMRC’s ability...

  On 26 March 2020, the Chancellor Rishi Sunak proposed a package of tax measures relevant to UK businesses, large and small to help ease the pressures we face from the impact of COVID-19.  One of the measures in force, is the deferral of ...

The main support measures proposed by the government that affect the payment of taxes, fines and penalties On March 31, 2020, the State Duma and the Federation Council of the Russian Federation approved the Draft of Federal Law No. 862653-7, which i...

Retroactive reduction of advance tax payments for 2019 ... Due to the coronavirus crisis, many taxpayers can expect their income to collapse considerably in 2020, leading to losses that can be offset against tax payments. Such losses can be off...

Since the 2007 decision of the Reading Employment Tribunal in the case of Hunt v (1) Storm Communications Ltd (2) Wild Card Public Relations Ltd and (3) Brown Brothers Wines (Europe) Limited it has been understood that the provision of professional ...

Welcome to our quarterly labour law update. This edition contains the following content: News A record rise in tribunal protective award claims Gordon Brown makes agency...

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