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Amalgamation of GIEK and Export Credit Norway into Export Finance Norway
Simonsen Vogt Wiig AS, May 2021

The purpose of the amalgamation is to enhance quality and efficiency and is not intended to represent a change in the Norwegian export finance policy. The financing schemes and services currently available will therefore continue also after the amalgamation. Export Finance Norway will be a part of the Norwegian State...

AI: The Artificial Ingredient You Shouldn’t Avoid
Shoosmiths LLP, May 2021

Those of us who grew up in the 70’s or 80’s may recall the excitement of Marty McFly wandering around in the then distant future of October 2015. Yes, 2015. Just over 5 years ago. ‘Where are the flying cars?!?’, you might be forgiven for asking. ‘And why don’t our Hover Boards, you know, hover?’ It's a common theme. George Orwell’s 1984 never happened as predicted and there’s no Big Brother watching us from a screen on the wall...

Adjudication: Is the “Multiple Dispute” Challenge a Thing of the Past?
Shoosmiths LLP, May 2021

For some years, contractors and subcontractors have been using an effective tactic in adjudication. That is to pick off discrete elements of a large time or money claim and to obtain a series of favourable declarations in adjudications on those elements. The declarations can then be used as a bargaining tool to leverage a settlement of the full claim. Or they can be converted into payment orders by way of a further adjudication...

COVID-19 and the Impact on Disabled Employees in the Workplace
Shoosmiths LLP, May 2021

The impact of the pandemic can be seen across all sectors of society but those who are disabled have been particularly affected, not least because employees with an underlying disability are likely to have been identified as clinically extremely vulnerable and told to shield for considerable parts of the last year. Being away from the workplace and separated from colleagues has left many feeling insecure...

Fault-Based Liability Ruled a Requirement for Enterprise Penalty
Simonsen Vogt Wiig AS, May 2021

General about enterprise penalty In relation to the previous section on enterprise penalty as enshrined in section 48a of the 1902 Penal Code, discussion were had as to whether there was a requirement of Fault-based liability in the provision. In the preparatory work on section 27 of the new Penal Code, this was discussed in depth, after which it in Ot.prp. no. 27, 90 (2003-2004) s. 242 was clearly stated that the new provision should not have such a requirement...

Norwegian Data Protection Authority Intends to Issue € 2.5 Million Fine to Disqus Inc.
Simonsen Vogt Wiig AS, May 2021

Background Disqus is an American company offering online public comment sharing services. These services were previously used by various Norwegian online newspapers. The Data Protection Authority has investigated whether Disqus has been sharing information about the users of the comment sections with marketing companies, without the knowledge of neither the users nor the owners of the online newspapers, and in breach of the GDPR...

Consultation on New Tax for UK Residential Property Developers
Shoosmiths LLP, May 2021

The government is consulting on a proposal to introduce a new UK-wide tax for residential property developers from 2022, with a view to generating revenue to cover the costs associated with the removal of unsafe cladding. The measure is intended to generate at least £2 billion over the course of a decade, which the government says is a “fair contribution” to the overall cost of the remediation programme...

Strategic Land: Broadening the Principle of 'Benefitting Land'
Shoosmiths LLP, May 2021

In a recent case, the Upper Tribunal decided that land benefitting from a restrictive covenant was greater than the land which had the legal benefit. An application to release the covenant was, accordingly, refused...

The Changing Face of Cleantech
Shoosmiths LLP, May 2021

The pandemic has, if nothing else, demonstrated how much more needs to be done in the battle against climate change. Despite the worldwide economic slowdown and travel ban resulting from coronavirus, global carbon dioxide emissions reduced by just 6% (approximately 2.3bn tonnes) in 2020. But both governments and industry are responding to the challenge, however, with a renewed sense of urgency and collaborative spirit...

Roundtable Discussion - Delivering the Town of Tomorrow
Shoosmiths LLP, May 2021

We all need our town centres. But more than that, we need our town centres to work better for us. As consumers grow increasingly comfortable with online shopping, the realisation that our towns are over-reliant on retail is being played out at a national level. No longer can we expect empty retail units to be snapped up by new tenants in a matter of weeks...

Charity Trustees Legal and Governance Webinar Update Series
Shoosmiths LLP, May 2021

In recent years the Charity Commission has concentrated on its statutory objective to increase public trust and confidence in charities and many in the charity sector consider it has dwelt unduly on the negatives. However the Commission has four other objectives set out in the Charities Act 2011 and we now see more attention paid to promoting compliance by charity trustees with their legal obligations and the effective use of charitable resources...

IHL Series: Fraud
Shoosmiths LLP, May 2021

To support our IHL community, on 21 April we hosted our latest webinar on “Fraud” where we discussed the recent upsurge in fraud due to home working, general awareness of fraudulent activity and what businesses can do to protect themselves. Here are the key takeaways: What types of fraud are you seeing at the moment? The world is a turbulent place right now, and therefore the perfect time for fraud and illicit activity to thrive...

Partial Success for Reinsurers as Court Respects Conflicting Jurisdiction Clauses
Shoosmiths LLP, May 2021

The recent anti-suit injunction decision in Axis v Absa Group demonstrates the importance of considering the practical effect of jurisdiction clauses when a suite of contracts or (re)insurance policies are entered into...

Luxembourg Competition Council Willing to Review and Refer M&A Transactions to the European Commission
Arendt & Medernach, May 2021

 On 29 April 2021, following the release of the widely commented European Commission Guidance on Art. 22 of the EU Merger Regulation (EUMR), the Luxembourg Competition Council published a statement on the recent policy change...

Quarterly Case Law Update: April 2021
Shoosmiths LLP, April 2021

In our second quarterly case law update for 2021, we take a look at some of the key cases published since the start of the year and consider the lessons we can learn from them.   Disability discrimination In Elliot v Dorset County Council, the Employment Appeal Tribunal (EAT) has recently allowed an appeal against an Employment Tribunal’s finding that a claimant was not disabled...

Disability Discrimination
Shoosmiths LLP, April 2021

In Elliot v Dorset County Council, the Employment Appeal Tribunal (EAT) has recently allowed an appeal against an Employment Tribunal’s finding that a claimant was not disabled. The EAT held that the Tribunal had failed to adopt the correct approach when determining whether the claimant had a disability according to the statutory definition of disability in section 6 of the Equality Act 2010...

Moving Towards Future Electric Mobility: The Greatest Challenges
PLMJ, April 2021

Electric mobility represents a new language and a new dynamic for consumers who yearn for an accessible, extensive, digital, user-friendly charging network. In Portugal and abroad, the electric mobility sector has witnessed significant developments and it has shown itself to be a particularly dynamic market that is enjoying strong growth...

Angola Amendments to the Private Investment Law
PLMJ, April 2021

The Private Investment Law (Law 10/18 of 26 June) was amended by Law 10/21 of 22 April. The new law marks the return of the contractual system to the area of private investment. As a result, the current private investment systems are the following: i) Prior declaration system ii) Special system iii) Contractual system The contractual system is applicable to projects in any sector...

Angola Rules on the Application in Time of the Legislation Included in the Tax Package Approved in 2020
PLMJ, April 2021

In the context of the approval of the Tax Package, which is part of the tax reform process started in 2020, on 15 April 2021, the Angolan General Tax Administration (AGT) published Instruction 0033/ GACA/GJ/AGT/2021 (the “Instruction”). The aim of this Instruction is to clarify and standardise the rules for the application in time of the amendments made to the main Tax Codes, in particular, the Industrial Tax Code and the Employment Income Tax Code...

Rules on Accrual of Holiday Clarified
Shoosmiths LLP, April 2021

There have been a number of significant rulings on the topic of holiday pay over recent years and Smith v Pimlico Plumbings Ltd is the newest addition. Before we look at Smith, it is useful to understand how this area of law has developed over time...

The Clock is Ticking on EU Settlement Scheme - Missing the Deadline
Shoosmiths LLP, April 2021

The Home Office has published guidance on making late applications to the EU Settlement Scheme. Employers are rapidly having to get their “heads around” the fallout from Brexit and ensuring all their existing EU workers have or in are in the process of obtaining EU settled status is just one of the many headaches. The deadline of 30 June 2021 for EU, EEA and Swiss nationals to apply under the EU Settlement Scheme is fast approaching...

In Conversation With... Andy Maciver
Shoosmiths LLP, April 2021

Two weeks before the 2021 Scottish Parliament elections, Fraser Mitchell, partner at Shoosmiths sat down with political analyst, strategist, and commentator, Andy Maciver to discuss his views the current state of Scottish politics, the economy in the face of COVID, Brexit and the growing support for independence as well as key issues in the context of Scotland’s future. We have captured the key takeaways from the discussion below: Andy Maciver: AM Fraser Mitchell: FM 1...

New Emergency Measures Adopted after the “Sostegni Decree”
Gianni & Origoni, April 2021

Below is an update on the most relevant employment law measures adopted after the Decree of March 22, 2021, no. 41 (the so-called “Sostegni Decree”) within the framework of the COVID-19 emergency legislation and the on-going vaccination campaign...

Flexible Working for All, Not Just Yoga Instructors
Shoosmiths LLP, April 2021

In what has been a period of unprecedented upheaval, employers have learnt a lot about their working practices and staff. As we enter the new world, employers have a unique opportunity to build back better including normalising flexible working for all...

Five Reasons Why Investors Love Intellectual Property (And Other Intangible Assets)
Van Doorne N.V., April 2021

Several listed companies recently bought the music rights of world famous stars such as Bob Dylan and Taylor Swift. The payoff of investing in music mainly comes from streams revenues. But the benefits do not seem to be that bad: for instance, since Sony bought Michael Jackson's music portfolio in 2016, its stock price has quadrupled (1)...

 

 

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