Macédoine du Nord

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eAlerts Récentes

  •  
    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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  •  
    11/07/2024
    International

    Space exploration: what goes up, must come down

    BackgroundThe space economy is predicted to be worth a staggering $1.4 trillion by 2030.1 This exponential growth can be largely attributed to the new private “space race” dominated by the world’s billionaires. Elon Musk’s SpaceX, Richard Branson’s Virgin Galactic and Jeff Bezos’ Blue Origin are the forerunners, albeit their approaches and goals differ significantly. SpaceX is predominately focusing on advancing space technology, Virgin Galactic is concentrating on the introduction of “space tourism,” and Blue Origin aims to promote sustainable space...
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  •  
    04/07/2024
    International

    Russia sanctions: Non-EU subsidiaries to comply with EU law

    On 24 June 2024, the EU adopted the 14th package of sanctions against Russia, introducing new restrictions on goods and services and listing more individuals and legal persons. In practice, more relevant may be the novel provisions that target "circumventions" and introduce new compliance requirements and liabilities for EU operators, especially concerning the conduct of their non-EU subsidiaries.In addition to these new compliance obligations on which we focus in this article, other relevant changes brought about by the 14th package include:Sectoral sanctions targeting Russia's LNG sector, including...
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  •  
    01/07/2024
    Europe, Colombia

    Offshore Wind in Colombia – First Round gaining traction

    The first offshore wind round is the name given by Government of Colombia (“GoC”) to the first and ongoing international competitive process (the “Competitive Process”) that began on December 4, 2023, and is expected to result in the issuance of Temporary Occupation Permits (“Permits”) in maritime areas North of the Colombian Atlantic coast for the development of offshore wind energy generation projects (the “Projects”). As we will explain in further detail below, holders of the Permits will subsequently have the right to request maritime concessions.If...
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