WLN tag: #WLNadvocate
Austria: The practical significance of the Business Judgement Rule
The Business Judgement Rule as a Liability Privilege for Board Members The Business Judgement Rule (BJR) regulated in Section 25 (1a) of the German Limited Liability Companies Act (GmbHG) and Section 84 (1a) of the German Stock Corporation Act (AktG) is understood to be a legally enshrined liability privilege in favour of board members and managing directors, […]
How are media activities regulated in the UAE?
Introduction: The United Arab Emirates (UAE) government passed the Federal Decree Law No. 55 of 2023 concerning Media Regulation which applies to all individuals, media establishments, media outlets and freezones practicing media activities in the country. In addition to the above, Cabinet Resolution No. (68) of 2024 provides a detailed licensing procedure for establishing a […]
NL: Bill on the implementation of the Wage Transparency Directive for men and women
On 7 June 2023, the European Wage Transparency Directive entered into force. Member States of the European Union, including the Netherlands, must implement this directive in their own legislation. The intention is to regulate this implementation by means of the bill ‘Implementation of the Wage Transparency Directive for Men and Women’. Content of the bill […]
WLN Tax Law Focus Group Updates
On Monday 5th May, members of the WLN Tax Law Focus Group and ASEAN Legal Alliance met to discuss the current situation with US tariffs and how this can impact us as tax lawyers. Marcin Gorazda led the meeting and was joined by David Elvira Benito, Abhishek Hans, Jacob Shwergold, András Reinhardt, Peter Van Eysendeyk, Thomas Paoletti and Khor […]
WLN Litigation & Arbitration Focus Group
Today the WLN Litigation & Arbitration Focus Group met to conclude current discussions about bankruptcy proceedings in our jurisdictions. It addressed whether there are any special debts for which the director of a company can be held accountable more easily. Many thanks to Gloria Vinyals for chairing the meeting and to John Kenneally, Kevin Harrison, Sebastiaan Meeuwens and Ashley […]
How Do Legal Networks Strengthen International Business Transactions? Part 3
Impact on Practice Law firms engaged in international networks develop modalities of functioning that transcend their jurisdictional limitations. By way of professional relations across cultures and differences in statutory systems, they bypass the logistical difficulties of acclimatizing to a new environment. These conserved resources allow law firms to focus on forging fluent processes better suited […]
UAE: How does the Credit Information Law of the UAE assess your Creditworthiness?
Introduction: The Federal Law No. 6 of 2010 on Credit Information regulates the activities of Credit Information of an individual including its request, collection, keeping, analysis, classification, use, circulation and protection and whatever relates to such Information. The law defines Credit Information as information that indicates a person’s eligibility and creditworthiness. Such information may include […]
Italy: bureau Plattner recognized in the Legal500 rankings
We share the fantastic news from our member firm in Bolzano and Milan: We are pleased to announce that bureau Plattner has been recognized in the Legal 500 rankings. This achievement is a clear testament to the trust and loyalty of our valued clients, whose interests we have the privilege to serve, and to whom […]
Poland: What are the chances of winning a dispute with the tax administration?
When in 1920 a general income tax was introduced in the independent Republic of Poland, after the first few years of its operation, representatives of the legal doctrine and specialists lamented its shortcomings, including, among others, the low quality of the jurisprudence of tax commissions, which resulted in a high rate of repealing decisions issued […]
How Do Legal Networks Strengthen International Business Transactions? Part 2
Purpose and Functioning International legal networks serve two purposes from the perspective of law firms themselves. The first being, synergizing with firms in separate jurisdictions of similar orientation in terms of size and area of practice. This gives them the flexibility to involve firms within their network in matters that may be in their target […]