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  16.02.2023

  International

  Will Co­or­di­na­ted Eu­ro­pean Wi­th­dra­wal be the De­ath Knell of the En­er­gy Char­ter Trea­ty?

  On 22 November 2022, the Energy Charter Conference (the “Conference”), the governing and decision-making body under the Energy Charter Treaty (the “ECT”), was scheduled to vote on the text of the modernised ECT at its meeting in Mongolia.  However, on the eve of the meeting, the Council of the European Union ("EU") failed to adopt a common position regarding the modernised ECT.  As a result, the European Commission requested a postponement of the vote on the modernised ECT.  The Conference granted the request and fixed April 2023 for finalisation of the discussion...

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  16.02.2023

  International

  For­eign sub­si­dies con­trol crea­tes a bur­den­so­me mer­ger con­trol 3.0

  Foreign subsidies controls have the potential to create an additional burdensome clearance procedure for M&A transactions on top of merger and investment control procedures:  High administrative burdens on larger undertakings and investment funds. Many additional notifications are to be expected, but prohibition decisions are unlikely.Notification requirement concerning larger transactions (e.g. target at least EUR 500m in the EU) if the undertakings involved received financial contributions from foreign states worldwide exceeding a total of EUR 50m in the three preceding years (even...

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  03.02.2023

  International

  On your ra­dar | Is­sue 20 | Key em­ploy­ment is­su­es to be awa­re of in­ter­na­tio­nal­ly

  Welcome to the first edition of On your radar for 2023, which highlights expected employment law developments over the year ahead.Changes range from big picture concepts around future ways of working, to the finer details of leave entitlements and statutory protections. Both Belgium and Portugal discuss moves towards a 4-day working week, showing a consistent trend, while demonstrating different domestic approaches to achieving that – interesting to see whether other countries will follow either.Another theme we continue to see coming through is ESG, and there are interesting...

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  25.01.2023

  International

  Key out­co­mes from COP-15

  At the end of 2022, the 15th Conference of Parties of the United Nations Convention on Biological Diversity culminated in a new Global Biodiversity Framework to 2030. Twenty three targets require broad based action to bring about “a transformation in our societies’ relationship with biodiversity by 2030, in line with the 2030 Agenda for Sustainable Development and its Sustainable Development Goals, and to ensure that, by 2050, the shared vision of living in harmony with nature is fulfilled”. Post COP, governments are to explore how they can translate the targets into national...

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  23.12.2022

  International

  In­ter­na­tio­nal Dis­pu­tes Di­gest - 2022 Win­ter Edi­ti­on

  Welcome to the winter edition of the International Disputes Digest, our bi-annual publication that considers and analyses current trends in global dispute-resolution and their wider impact. With war raging in eastern Europe and no end to the conflict in sight, the world and the global economy continue to face complex challenges. In response to the invasion of Ukraine, Russian sanctions have impacted a world economy already suffering from supply-chain deficiencies and the aftermath of the COVID-19 pandemic. Economic stresses have also been magnified by the decision of western countries to reduce...

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  09.11.2022

  International

  Glo­bal Life Sci­en­ces & Health­ca­re Fo­rum 2022: The Life Sci­en­ces sec­tor should em­bra­ce sustaina­bi­li­ty chal­len­ges to be­co­me a lea­ding sec­tor in car­bon re­duc­tion

  The opening of COP27 has brought an intense global focus on climate change and the towering demands needed to reach carbon net zero and to protect the environment. United Nations General Secretary Antonio Guterres called for an ambitious approach to climate action to ‘answer the planet’s distress signal’. The life sciences industry is coming under advancing scrutiny as its significant role in creating carbon dioxide emissions becomes more evident and pressure mounts on every part of the supply chain. But healthcare companies can welcome, rather than fear, the attention as it provides...

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