The EU Data Act will start to apply in September 2025. It has become clear that one of the most vexing issues in applying the Data Act to real-life scenarios may in fact be a very basic one: Understanding how the apparatus of roles of the Data Act works in practice, and how it interacts with parallel role definitions of other EU laws. We discuss some of these issues and proposed solutions in this brief article ...
While enforcing US judgments in the UK presents several challenges, recent case law offers valuable guidance. By taking proactive steps and seeking expert legal advice, litigants can improve their chances of successfully enforcing US judgments in the UK ...
2025 looks to be another busy year in the pensions world, Suzanne Burrell focuses on consolidation in the defined contribution pensions market. UK Defined Contribution Pensions Consolidation: a look ahead to 2025 2025 looks to be another busy year in the pensions world, with a continuing number of defined benefit schemes in the private sector looking to secure benefits with insurers ...
Carey Olsen maintains status as leading TISE listing agent for ninth consecutive year COCFL acted as listing agent on 40% of all classes of securities listed on TISE in 2024. COCFL also assisted with the majority of new high yield bond classes listed in 2024 and continues to act for a majority of all high yield bonds currently listed on TISE. TISE introduced its 'Specialist Companies' equity rulebook ("the Specialist Companies Equity Rules") in November 2024 ...
When an employee is subject to a police investigation or is charged or convicted of criminal misconduct outside of work, it can be a challenging area for employers to navigate. We set out our top tips for employers handling such situations. Top tips for employers dealing with criminal misconduct outside of work When an employee is subject to a police investigation or is charged or convicted of criminal misconduct outside of work, it can be a challenging area for employers to navigate ...
The Framework In its essence, the Fuel EU Maritime Regulation sets requirements for the well-to-wake greenhouse gas emission of the energy used on board vessels trading in the EU. The intention is to provide a step-based incentive to reduce GHG intensity from a baseline of 91.16 g CO2 equivalent per MJ. Lack of compliance with the applicable limit will lead to penalties, while a positive compliance balance may be used to offset another vessel’s deficit ...
By: Hector A. Chichoni, Esq. As President-elect Donald Trump prepares to assume office, U.S. employers and companies, in almost every sector, are anticipating a significant increase in changes in immigration law and procedures. This is rightly so, given the historical precedent established during the first Trump administration (2017-2020) ...
The firm has previously notified our clients and network about an obligation to make certain filings under the Corporate Transparency Act (CTA) that became effective at the beginning of 2024. It provided deadlines to file Beneficial Ownership Information (BOI) for many companies by December 31 of this year, and in some cases required earlier deadlines ...
Earlier this month, Dinsmore provided a notice to clients that several telehealth flexibilities for Medicare beneficiaries were set to expire on December 31. However, on December 20, Congress passed the American Relief Act, 2025[1] (the “Act”), a short-term spending bill that keeps the government open through March ...
The export control system is intended to ensure that defence-related products, technology and services are only exported from Norway in accordance with Norwegian security and defence policy, and that exports of dual-use items do not contribute to the proliferation of weapons of mass destruction (nuclear, chemical and biological weapons) or their means of delivery ...
Several interesting cases have been decided both by the ordinary courts and by other dispute resolution bodies over the past year. We have also observed some emerging trends in dispute resolution. Key decisions from the Supreme Court include HR-2024-550-A. which involved the ownership of minerals. The landowner’s side was represented by SVW partners Øystein Nore Nyhus and Christian Reusch. From the insurance sector, HR-2024-2040-A is noteworthy ...
Extension of the Act’s scope to number-independent interpersonal communications services (NI-ICS) The new Act broadens the definition of an «electronic communications service» to encompass number-independent interpersonal communication services (NI-ICS). NI-ICS refers to person-to-person communications services that do not connect to numbers within a national or international number plan, nor facilitate communication with such numbers ...
Overview As part of the 2020-2025 EU Gender Equality Strategy, the so-called Women on Boards Directive (Directive (EU) 2022/2381 of the European Parliament and of the Council of 23 November 2022 on improving the gender balance among directors of listed companies and related measures) was published in the Official Journal of the EU on 7th December 2022 ...
The financing activity in the Norwegian market in 2024 has been positively affected by stable interest rates and inflation levels on a downward trajectory. The US, the EU and Sweden have started their planned interest rate cuts. Although the expectation at the start of the year was that the Norwegian Central Bank would cut interest rates in 2024, a strong labour market and a weak currency have resulted in zero interest rate cuts so far ...
Three days after a motions panel on the Fifth Circuit Court of Appeals granted the government’s emergency motion for a temporary stay on a Texas district court’s nationwide preliminary injunction blocking the enforcement of the Corporate Transparency Act (“CTA”), a merits panel has vacated part of the motion panel’s order ...
It has been an interesting year. Trade, and therefore, shipping can only circumnavigate the persisting and many awful geopolitical challenges. The Shipping industry’s commitment to improvement continues, both introvert (governance) and extrovert (environment and social responsibility). The Norwegian shipping cluster pioneers still in those areas, not least on the development of technologies and infrastructure toward minimizing impact on the environment ...
On Jan. 17, 2025, USCIS will publish a revised edition of Form I-129, Petition for a Nonimmigrant Worker (edition date: 01/17/25) that will implement several significant changes, primarily to the H-1B program. These changes are scheduled to go into effect 30 days after publication. The general view is that some of the changes are positive, including the deference policy, the changes to the cap-gap rule and clarification as to ownership of a company and nonprofit classifications ...
By: Patricia Gannon, Esq. and Marcela Bermudez, Esq. A stopgap measure was signed into law by President Biden averting a federal government shutdown. A federal shutdown is possible if Congress cannot reach an agreement on a spending measure or stopgap by March 14, 2025. We will continue to monitor and advise as this develops. As a reminder, if a stopgap measured is not reached in the future, certain federal immigration functions will be temporarily suspended ...
Earlier this month, a Texas district court issued a nationwide preliminary injunction blocking enforcement of the Corporate Transparency Act (“CTA”). However, on December 23, 2024, the Fifth Circuit Court of Appeals granted the government’s emergency motion for a temporary stay of that order, allowing the CTA’s enforcement to proceed while the appeal is pending ...
The Committee on Foreign Investment in the United States (“CFIUS”) is a federal interagency committee that is responsible for reviewing certain transactions by foreign persons (governments, individuals and businesses), if they threaten or affect the national security of the United States. In layman’s terms, the CFIUS is a federal body that reviews transactions by non-Americans that might threaten the U.S.’s security ...
Legislation signed by Ohio Governor Mike DeWine on December 20, 2024 will significantly expand mandatory reporting duties for professionals and facilities. These changes, and others from Ohio Substitute Senate Bill 109, not only impose new obligations to report, including the reporting of facility investigations, but also attach new penalties for failing to do so, which will impact Ohio physicians and health care facilities, including hospitals and ambulatory surgery centers ...
Earlier this month, a district court in Texas issued a nationwide preliminary injunction against enforcement of the Corporate Transparency Act (“CTA”). On December 23, 2024, the Fifth Circuit Court of Appeals granted the government’s emergency motion for a temporary stay of the district court’s order and injunction pending appeal.[1] Pending further court developments, compliance with the CTA is currently required nationwide ...
In this newsletter, we take a look at selected relevant employment law cases from 2024 and examine what employers should learn from them in practice. Through these cases, we discuss, for example, discrimination based on membership in employees' union, harmonization of salaries, and the employer's obligation to offer alternative work ...
Welcome to the new half-yearly review of Krogerus' highlights! In this newsletter, we will share recent case highlights, firm news and insights. Foreword As 2024 draws to a close, it has been a busy year at Krogerus, despite challenging market conditions and ongoing geopolitical uncertainties. While there is still a degree of darkness and uncertainty in the world, we are seeing positive signs in the transactional market, which often signal the start of economic recovery ...
