The English High Court has sanctioned a restructuring plan in respect of EUR 3.2 billion of bonds issued by the German real estate business, Adler Group. The main objective of the plan was to avoid Adler's imminent insolvency...more
While the timing of competing English and German insolvency applications in Re Galapagos1 allowed for clear determination of jurisdiction under the UK Insolvency Regulation, there remains potential uncertainty as to how...more
The UK has left the EU but there remains a vast array of operational and legal issues for businesses to address. See below for our perspectives on the key challenges and opportunities that Brexit presents for different...more
8/3/2021
/ Data Protection ,
Dispute Resolution ,
EU ,
European Commission ,
Financial Services Industry ,
Germany ,
Italy ,
Member State ,
State Aid ,
Technology Sector ,
Trade Agreements ,
UK ,
UK Brexit ,
Withdrawal Agreement
It is yet unclear if and when the House of Commons will again decide about the Withdrawal Agreement and whether the date for the UK leaving the EU will be changed. Under the current circumstances, a hard Brexit on 29 March...more
3/23/2019
/ Capital Requirements Regulation (CRR) ,
Corporate Taxes ,
CRD IV Directive ,
EU ,
EU-27 ,
European Commission ,
Financial Services Industry ,
Foreign Equivalency Determination ,
Foreign Tax ,
Germany ,
Grandfathering Rules ,
Income Tax Act ,
Insurance Industry ,
Investment Funds ,
Member State ,
MiFID II ,
MiFIR ,
No-Deal Brexit ,
Passporting ,
Proposed Legislation ,
PSD2 ,
Solvency II ,
Transitional Arrangements ,
UK ,
UK Brexit ,
Withdrawal Agreement
The House of Commons recently rejected the Withdrawal Agreement. While the UK Parliament is still debating how to leave the EU, a hard Brexit remains an option. To prepare for this possibility, the UK, EU Commission and EU27...more
2/11/2019
/ Article 50 Treaty of the EU ,
Banks ,
CRD IV Directive ,
Cross-Border Transactions ,
Equivalency Determinations ,
EU ,
EU Passport ,
European Commission ,
Financial Services Industry ,
Germany ,
Grandfathering Rules ,
Member State ,
MiFID II ,
MiFIR ,
No-Deal Brexit ,
Passporting ,
Proposed Amendments ,
Proposed Legislation ,
PSD2 ,
Reciprocity Rules ,
Solvency II ,
Subsidiaries ,
Transitional Arrangements ,
UK ,
UK Brexit ,
UK Parliament ,
Withdrawal Agreement
With ongoing advances in technology and communications, the number of contracting parties looking beyond their local jurisdiction when choosing a dispute resolution forum continues to grow
It is easier than ever for...more
2/6/2019
/ Appellate Courts ,
Arbitration ,
Arbitration Awards ,
Belgium ,
Cross Examination ,
Debt ,
DIFC ,
Discovery ,
Dispute Resolution ,
Dubai ,
Dubai International Arbitration Center (DIAC) ,
Foreign Judgments ,
Forum Selection ,
France ,
Germany ,
Hong Kong ,
Interim Remedies ,
International Arbitration ,
International Litigation ,
Judges ,
Judicial Authority ,
Judicial Remedies ,
Judicial Review ,
Jurisdiction ,
Jury Trial ,
Litigation Fees & Costs ,
Oral Hearings ,
Privileged Documents ,
Right To Appeal ,
Russia ,
Singapore ,
Singapore International Commercial Court ,
Summary Judgment ,
Sweden ,
Switzerland ,
Third Party Funding ,
UK ,
United States ,
Witnesses ,
Young Lawyers