Recent Articles

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  26/04/2024

  Croatia

  Contestation rights in Croatia and the impact of the EU’s insolvency law draft Directive

  Regarding the draft Directive proposed by the European Commission that harmonises facets of insolvency law, it is worth noting that the draft Directive does not prevent EU member states from maintaining or adopting provisions that offer greater protection to creditors than those outlined in the Directive. Since the existing Croatian law framework on contestation rights provides numerous and detailed rules that go beyond the draft Directive, its implementation is not expected to require extensive or substantial modifications.Legal acts intentionally detrimental to creditor (Art. 8)The acts of the...

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  25/04/2024

  Turkiye

  Data protection reform in Türkiye: a step towards alignment with EU’s GDPR

  In a major step towards compliance with the EU's General Data Protection Regulation (GDPR), on February 16, 2024, lawmakers in Türkiye submitted a Law to the General Assembly of the Turkish Grand National Assembly (TGNA) as part of the 8th Legislative Package on long-awaited amendments to the Personal Data Protection Law No. 6698 (LPPD). The amendments were approved on March 1, 2024 by TGNA, and the Law was published in the Official Gazette on 12 March 2024 following confirmation by the President of the Republic of Türkiye.The most important changes in the Law, which significantly facilitate...

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  25/04/2024

  Europe

  New EU rules to strengthen GI protection for wine, spirit drinks and agri-food products come into force on 13 May 2024

  Yesterday, 23 April 2024, a new EU regulation aimed at enhancing the protection of geographical indications (GIs) for wine, spirit drinks and agricultural products, and other quality schemes for agricultural products was published in the Official Journal. The new rules, that enter into force on 13 May 2024, provide for a streamlined registration procedure, a strengthened role of producer groups, and improved provisions on GI protection (both online and offline) and sustainability.Background on Geographical Indications (GIs) for wine, spirit drinks and agri-food productsGIs are intellectual property...

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  25/04/2024

  Hungary

  Hungary’s amended ESG Act to enter into force on 25 April 2024

  The following is a summary of the key changes made to Hungary’s ESG Act.Standardised ESG questionnaireCompanies may find it difficult to collect and analyse ESG data in light of the numerous questionnaires to assess sustainability risks, investments, access to finance and supply chains. In practice, these questionnaires vary in scope, depth and information standards, and are challenging to complete, and non-compliance can result in loss of resources and business relationships.As a result, the amendment introduces a single uniform questionnaire for Hungarian companies to report ESG-related...

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  25/04/2024

  Germany

  UPC: Court of Appeal clarifies questions of public access to certain procedural documents

  In its decision dated 10 April 2024  (UPC_CoA_404/2023, ORD_19369/2024), the Court of Appeal of the Unified Patent Court (UPC) ruled on the requirements for public access to written pleadings and evidence.Based on the Rules of Procedure (RoP) of the UPC, decisions and orders of the UPC must always be published – subject to any necessary redactions, for example regarding personal data, see Rule 262.1(a) RoP (see also our blog post). The UPC has set up a separate page on its website for the publication of decisions and orders. The question of when the public not involved in the respective...

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  25/04/2024

  China

  Chinese Tax Regulation Update - March & April 2024

  The latest development in China Tax Regulation mainly includes:Fa Shi [2024] No. 4 released jointly by the Supreme People's Court and the Supreme People's ProcuratoratePlease click here to read the full article.

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