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Recent Articles

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    04/03/2024
    Slovenia

    Slovenian amendment to Insolvency Act creates new judicial restructuring procedure to eliminate likely insolvencies

    On 1 November 2023, the long-awaited amendment to the Slovenian Insolvency Act (Zakon o finančnem poslovanju, postopkih zaradi insolventnosti in prisilnem prenehanju or ZFPPIPP-H) has entered into force.In the wake of decisions of Slovenia’s Constitutional Court, the implementation of the Directive on restructuring and insolvency (Directive (EU) 2019/1023) and numerous criticisms of existing insolvency legislation by legal experts, this amendment introduced important changes to Slovenian insolvency law. This article examines the newly introduced Judicial Restructuring Procedure (postopek...
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    04/03/2024
    Turkiye

    A new era in Sustainability Reporting in Türkiye

    Türkiye has recently taken a major step towards mandatory corporate sustainability reporting. The Turkish Sustainability Reporting Standards (“TSRS”) were published in the official gazette on 29 December 2023 by the Public Oversight, Accounting and Auditing Standards Authority (“Authority”) (Kamu Gözetimi, Muhasebe ve Denetleme Standartları Kurumu). Sustainability reporting became mandatory for companies and financial institutions exceeding the thresholds set in the TSRS as of 1 January 2024.Türkiye has been slow to adopt sustainable practices in corporate...
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    04/03/2024
    United Kingdom

    Digital Regulatory and Competition Reforms Pass Lords Committee Stage with Limited Amendments

    The Digital Markets, Competition and Consumers Bill (“Bill”) has been making its way through the House of Lords committee stage. A new version of the DMCC Bill, incorporating amendments proposed by the House of Lords Grand Committee has been published here. Our team has been tracking developments closely. This short alert provides a status update on the Bill’s passage through Parliament.As set out in our LawNow articles to date, the Bill introduces significant reforms to competition law and an entirely new digital regulatory regime. Please see our previous articles on the subject...
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    04/03/2024
    United Kingdom

    Media Bill: Ofcom’s roadmap to regulation – a timely reminder that there is a lot more work to be done

    As the draft Media Bill continues its legislative journey, Ofcom has issued a timely reminder (in its publication of its “roadmap”) that significant work remains before we know the full extent of many of the Media Bill’s significant provisions. Whilst many in the media industry have broadly welcomed the Media Bill, Ofcom’s roadmap reminds us all that industry is taking a significant leap into the unknown.  Those familiar with the draft Media Bill will be aware that Ofcom has an imperative part to play with respect to not only the enforcement of new provisions, but also...
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    04/03/2024
    England and Wales

    The Leasehold and Freehold Reform Bill – Over to the House of Lords

    Following publication of the Leasehold and Freehold Reform Bill (the “Bill”) on 27 November 2023, the Bill has been progressing through the legislative process and the Government has recently published the third version. The Bill, which applies mainly to England and Wales, has now been passed to the House of Lords following its third reading in the Commons this week. We now set out the further notable amendments to the Bill which have emerged below. AmendmentsThe Bill, as brought from the Commons, adds a further 43 pages. This is not a complete overview of the changes, however,...
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    04/03/2024
    United Kingdom

    The building blocks of Lego’s registered Community design remain strong

    In a decision likely to be appreciated by design rights holders, the General Court of the European Union (“GC”) confirmed the Lego toy brick’s status as a registered Community design (“RCD”) in its judgment of 24 January 2024 - despite some aspects of the design being dictated by technical function.BackgroundIn 2010, Lego registered an RCD for “Building blocks from a toy building set”.In 2016, relying on Article 25(1)(b) of Council Regulation (EC) No 6/2002 of 12 December 2001 on Community designs (the “Regulation”), German toy company Delta...
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