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  10/09/2024

  International

  CMS Annual Review of English Construction Law Developments: An International Perspective

  We are pleased to announce the publication of the 2024 edition of our internationally focused Annual Review of English Construction Law Developments. The Annual Review summarises key developments in English construction law over the previous calendar year including developments in related common law jurisdictions. The publication has been prepared with our international clients in mind and aims to provide a greater degree of background and analysis than our regular Law-Now alert service.This year’s edition has a strong focus on exclusion and limitation clauses, with more than half of the...

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  26/07/2024

  International

  EU AI Act – Focus on Enforcement: the EU governance structure

  On 1 August 2024, the Regulation laying down harmonised rules on Artificial Intelligence (AI Act) will enter into force. As a European regulation, the AI Act will apply directly in all 27 EU member states and is intended to make a significant contribution to achieving the European digital strategy (A Europe fit for the digital age). In this, the second article in our series on the implementation of the AI Act, we provide an overview of the European AI governance structure. Understanding this structure is important to understand the roles of the administrative bodies that will have oversight...

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  25/07/2024

  International

  EU anti-dumping investigations of Chinese glyoxylic acid imports

  On 25 July 2024, the EU opened an anti-dumping investigation concerning EU imports of glyoxylic acid originating in the People’s Republic of China, which could lead to substantial anti-dumping duties on future imports.The product under investigation for alleged dumping is glyoxylic acid (Chemical Abstracts Service (CAS) Number 298-12-4), of a purity of at least 95 % by dry weight, whether in solid form or as an aqueous solution with a concentration by weight higher than 40 % thereof.The product under investigation is currently classified under CN code ex 2918 30 00 (TARIC code 2918...

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  15/07/2024

  International

  CMS European Private Equity Study 2024

  We are pleased to share with you the 2024 edition of the CMS European Private Equity Study, a comprehensive analysis of hundreds of private equity deals CMS advised on across Europe in 2023 and previous years.Here are a few of the key findings:Deal activity remained stable despite economic challenges.New investments accounted for 69% of PE deals analysed; 50% were add-on acquisitions.TMT led sector activity at 24%, followed by Life Sciences and Consumer Products at 15% each.Earn-out provisions declined but stayed above pre-pandemic levels.ESG due diligence was conducted in 47% of PE deals.Arbitration...

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  12/07/2024

  International

  Energy and climate change: The most significant (marine) climate change decision yet?

  Continuing the theme of a number of recent court judgment regarding state and party obligations concerning climate change issues, the International Tribunal for the Law of the Sea (“ITLOS”) has recently delivered its advisory opinion (the “Opinion”) regarding State obligations under the United Nations Convention on the Law of the Sea (“UNCLOS”) in relation to the prevention, reduction and control of pollution of the marine environment that result or are likely to result from climate change.The Opinion arrived only a few weeks following the ECtHR’s milestone...

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  12/07/2024

  International

  EU’s AI Act published in Official Journal, transition periods now known

  Following the adoption of the "Regulation laying down harmonised rules on Artificial Intelligence" (AI Act) by the European Parliament and the Council of the European Union, this act was published in the Official Journal of the European Union on 12 July 2024. This marks the end of a long road of tough negotiations that began in 2021 with the European Commission's proposal for a Union-wide regulation on artificial intelligence (AI).The AI Act will enter into force on 1 August 2024. As a European regulation, it will apply directly in all 27 member states, but the AI Act provides for a graduated system...

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