International Trade Conflict of Laws General Business

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5th Circuit Revives FDIC’s Suit Against Goldman, Deutsche Bank, and Royal Bank of Scotland

On August 10, 2015, the Fifth Circuit revived a securities fraud suit brought by the Federal Deposit Insurance Corporation (“FDIC”) as receiver for Guaranty Bank against Goldman Sachs & Co., Deutsche Bank AG, and the Royal...more

Corporate & Financial Weekly Digest - Volume X, Issue 22

In This Issue: - SEC Staff Releases Analysis Related to Pay Ratio Disclosure Rules - States Challenge Blue Sky Preemption Under Regulation A+ - FINRA Proposes Revised BrokerCheck Hyperlink Rule -...more

Asymmetrical Jurisdiction Clauses: Where Are We Heading?

On 25 March 2015, France’s highest court, the Cour de cassation, once again ruled against the validity of a contractual asymmetrical jurisdiction clause, this time on the basis that it was contrary to Article 23 of the 2007...more

Europeans Authorize Negotiations with US to Loosen Reinsurance Collateral Requirements

Earlier this week, the European Union’s executive body gained key approval to begin negotiations with the United States on a deal aimed at cutting the minimum collateral levels required of foreign reinsurers operating in the...more

Seventh Circuit Affirms Dismissal of EU 261 Claims - Direct Claims Under EU 261 Are Only Actionable in EU Member States

The ruling by the U.S. Court of Appeals for the Seventh Circuit in Volodarskiy v. Delta Airlines, Inc. follows numerous District Court opinions holding that EU 261 does not provide a right of action enforceable outside the EU...more

Amendment to the Kazakhstan Legal Regime for the Oil & Gas Industry

The Law of the Republic of Kazakhstan “On introduction of amendments and additions to certain legislative acts on subsoil use matters” No. 271-V 3PK was adopted on 29 December 2014 and, save for the specified provisions,...more

Vicarious Liability of Motor Vehicle Lessors in Canada

The equipment finance industry breathed a sigh of relief when Federal legislation was enacted in 2005 preempting state laws imposing vicarious liability on lessors of motor vehicles. That relief may have been premature if the...more

EU Court Of Justice Rejects UK Challenge To The EU Financial Transactions Tax

The progress of the European Financial Transaction Tax (the “FTT”) towards becoming law in eleven participating Member States of the European Union overcame another hurdle on 30 April 2014 with the Court of Justice of the...more

PCAOB Announces Agreement With China On Production of Audit Work Papers – A Step Forward or Lip Service?

On May 24, 2013, the Public Company Accounting Oversight Board (“PCAOB” or the “Board”) announced that it had signed a Memorandum of Understanding (“MOU”) with Chinese securities regulators that would enable the PCAOB under...more

Agency, franchise and distribution agreements in Angola

Angola has become the go-to destination for all kinds of companies in recent years. With high GDP growth rates and plenty of natural resources, trade figures have reached impressive numbers. However, business needs a solid...more

ZVertriebsR - Zeitschrift für Vertriebsrecht - Christoph Kocks und Uta Bröckerhoff "Die Anwendung des Gesetzes über...

RA Christoph Kocks und RÄin Uta Bröckerhoff Die Anwendung des Gesetzes über vorvertragliche Informationen auf Franchiseverträge in Belgien Einleitung Das Gesetz vom 19. Dezember 2005 über vorvertragliche Information im...more

Investments Slovakia Belgium Slovak Law Nederlandstalige advocaat slowakije

The Embassy of the Slovak Republic in Belgium in cooperation with the Slovak Investment and Trade Development Agency SARIO and EsPartners would like to invite you to SEMINAR „INVEST IN SLOVAKIA“ Get to Know Slovakia as...more

New York's Highest Court Affirms Contractual Right to Select New York Law to Govern Transactions Without Nexus to the State

In a case of first impression, the New York Court of Appeals has held that a court need not undertake a conflicts-of-laws analysis when there is an express choice of New York law in a contract pursuant to New York General...more

Court of Appeals Affirms Validity of New York Choice-of-Law Provisions

The New York Court of Appeals has held that where a contract contains a New York choice-of-law provision and is otherwise subject to New York General Obligations Law Section 5-1401, New York substantive law will apply and the...more

Norwegian Saleform 1993 – Seller Beware!

Until 13th December last year, the English courts had never specifically considered the relationship between Norwegian Saleform and the English Sale of Goods Act. The point has now been considered by Mr Justice Flaux in...more

Sitzverlegung in der EU - Gesellschafts- und steuerliche Aspekte aus belgischer Perspektive

Sitzverlegung in der EU - Gesellschafts- und steuerliche Aspekte aus belgischer Perspektive Gegenstand ist die Freiheit der Sitzverlegung von Unternehmen aus europäischer bzw. belgischer Perspektive sowie um die...more

Die Scheinselbstständigkeit von Handelsvertretern in Belgien

Die Scheinselbstständigkeit von Handelsvertretern in Belgien Bei in Belgien selbstständig tätigen Handelsvertretern („agent de commerce indépendant / zelfstandige handelsagent“), die ihre Tätigkeit zumeist in Form einer...more

Enforcement of Foreign Judgments - The Usual Rules Apply (no exception for insolvency)

This an important case from the English Supreme Court relating to the enforcement of foreign judgments in England. In the judgment, Lord Collins posed the following question, “Should there be a more liberal rule for...more

Registered Share Capital System in Non-Publicly Traded Joint Stock Companies under the Turkish Commercial Code

This article highlights the legal framework introduced by the new Turkish Commercial Code No 6102 on registered share capital system in non-publicly traded joint stock companies....more

General Assembly of Partners Meeting and Decision Quorum in Limited Liability Partnerships under the Turkish Commercial Code

This note outlines General Assembly of Partners Decision and Meeting Quorums, as amended by the new Turkish Commercial Code No 6102, which entered into force on 1 July 2012....more

Enforcement of Foreign Judgments in England

This article gives an overview of the methods of enforcing foreign judgments in England....more

Recognition and Enforcement of Foreign Judgments in South Korea

This article generally demonstrates under what requirements the Korean courts recognize and enforce the foreign judgments....more

Vertriebsrecht Kündigung Vertriebsvertrag - Neuausrichtung der Vertriebsstrategie als schwerwiegender Kündigungsgrund eines...

Die grundsätzlich verschiedenen Ergebnisse in zwei Streitfällen nach niederländischem und belgischem Recht hinsichtlich der quasi identischen Sachlage (der Prinzipal beabsichtigt, sein Verkaufsnetzwerk umzugestalten), finden...more

TUPE: Service Provision Change - Do we need this provision?

Under the previous 1981 Transfer of Undertakings (Protection of Employment) Regulations 1981 (TUPE) and the EU Acquired Rights Directive (ARD) it was not clear whether the definition of a relevant transfer caught...more

Could Software Imports from Europe Bypass U.S. First Sale and IP Exhaustion Laws?

On July 3, the Court of Justice of the European Union (CJEU) ruled that a sale of a digital copy of software exhausted the copyright owner's exclusive distribution rights to the copy under Europe's first sale doctrine. As a...more

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