On September 27, 2017, the Mexican Senate passed a bill that amended Mexico’s main environmental law. One of the most relevant amendments deals with fines for environmental violations which will increase if the bill passes.
On 28 April 2020, the Prime Minister gave an outline of the plan to gradually relax the lockdown from 11 May onwards. On 3 May 2020, the Ministry of Labour published a National Deconfinement Plan for companies to ensure the health and safety of employees, link here. Companies which have not already done so must take steps to adapt working conditions to these new recommendations.
On 24 January 2017, the European Parliament’s Committee on International Trade (INTA) approved the final compromise text of the EU’s long awaited Conflict Minerals Regulation. This paves the way for the text to be formally adopted by the EU institutions in the coming months, with the Parliament expected to vote on the legislation in early March 2017.
Our Global PIPE Guide sets out a comparison of the key features and requirements applicable to PIPE deals in a number of jurisdictions around the globe. In this guide, our transactional lawyers share their insight and knowledge on PIPE deals including the key advantages of using PIPEs, why and how they are used.
With signs that the virus is peaking in the US, and with some state Shelter-in-Place Orders scheduled to be lifted in the coming weeks, employers are turning their attention to planning for how best to bring employees back to work. As with the initial outbreak, US employers can look to other corners of the world that are ahead of us in terms of the curve of the virus to help construct a blue print for reopening.
For a couple of years, new proposals have been published for a new legal basis for sanctions to be imposed on companies for legal violations committed by companies. On April 22, 2020, exactly seven months after a first internal draft was leaked, the Federal Ministry of Justice and Consumer
The UK’s Coronavirus Job Retention Scheme (CJRS) has entered its second week of operation, its first week having seen the release of yet more updated guidance. Anecdotally, HMRC’s online portal appears to be bearing up, although some problems have been reported, such as calculations for variable pay. Nevertheless, there remain critical uncertainties within the scheme, which could lead to claims being rejected or (more likely) susceptible to retrospective audit and a demand for reimbursement. Whether you have already furloughed employees or are considering doing so, there are steps to take to mitigate risk, tailored to your organisation’s key objectives.
For the past few years, Silicon Valley has anticipated a period where plentiful venture capital funding dries up and startups with not-yet-profitable businesses must make it on their own. This article, first published on Bloomberg Law, is the first of a two-part series for buyer and investors on how to structure transactions for distressed start-ups. It will cover mergers and acquisitions transactions.
