COBALT advised Estonian Fortumo on selling its business to London Stock-Exchange-listed leading global mobile payments platform Boku. The value of the deal is approximately USD 45 million. Fortumo, founded in 2007 in Tartu, Estonia, provides mobile payment solutions to digital merchants including Google, Amazon, Spotify, Epic Games and Tencent. Boku, founded in 2003 in the […]Read More
On 11th of June 2020 the Order no. 2012/2020 on the Procedure for delivery of documents through electronic means of remote communication was published, which introduces new facilities for identification in the Virtual Private Space. Furthermore, a Draft GEO on the extension and amendment of certain deadlines was published on the website of the Ministry […]Read More
One of the fundamental roles of governments during the COVID–19 Pandemic has been to assist the movement of goods through the international and domestic supply chain as well as to support those providing services in that supply chain. While there has been an understandable focus on movement of Personal Protective Equipment (PPE) and related equipment […]Read More
Even before people around the world began dealing with the reality of COVID-19, interest rates were at a recent low. For May 2020, the long-term annual AFR rates are as follows: long-term 1.15%, mid-term .58%, and short-term .25%. One common estate planning strategy is the use of Grantor Retained Annuity Trusts (“GRATs”). This strategy is even more effective when interest rates are […]Read More
Employers have many obligations to their employees when it comes to paying them, and employees can enforce these obligations through a lawsuit or by making a complaint with Employment Standards. While the province has implemented new workplace rules as a result of COVID-19, employers still have obligations to pay their employees. Here a few things […]Read More
We examine below practical considerations for arranging remote execution of transaction documents by Irish companies during the present Covid-19 restrictions. Ideally, where a document needs to be signed, it would be in the physical presence of all parties or their appointed attorneys at the completion of a transaction. With present travel restrictions lasting into the […]Read More
Malaysia was among the first countries in ASEAN to be heavily impacted by the spread of Covid-19, which forced the country into a Movement Control Order (MCO) from 18 March 2020. During the MCO, non-essential businesses were generally not allowed to operate from their premises, causing production to drop significantly and revenue to fall considerably. […]Read More
The pandemic caused by covid-19 has been generating economic impacts around the world and economists foresee the possibility of a significant recession period. Usually, in times of crisis, taxpayers are often forced to devise solutions to reduce expenses and preserve the company’s financial health. Among them, the taxes payment postponement or deferral, although not ideal […]Read More
GHR Rechtsanwälte represented long-standing client CEMEX, S.A.B. de C.V. (NYSE: CX), the global building materials company, in a notes offering. The notes offering consists of an offering of U.S.$1. billion aggregate principal amount of 7.375% senior secured notes due 2027 denominated in U.S. Dollars. BBVA Securities Inc., Citigroup Global Markets Inc., Credit Agricole Securities (USA) […]Read More
From the Spanish Flu of 1918 to the HIV/AIDS saga and down to the Ebola virus, infectious diseases have constantly changed the modus operandi in all aspects of human living. Now as if on a roll call, the COVID-19 virus has visited with a magnitude like none of its predecessors. The virus has not only […]Read More
The National Agency of Drug and Food Control (Badan Pengawas Obat dan Makanan or “BPOM”) issued its Regulation No. 8 of 2020 dated April 7, 2020 on the Supervision of Drugs and Food Distributed Online (“BPOM Reg. 8/2020”) as an implementing regulation as referred to in Article 35 paragraph (3) of Government Regulation No. 71 […]Read More
On November 28, 2019, British Columbia became the first jurisdiction in Canada to incorporate the United Nations Declaration on the Rights of Indigenous Peoples (“UNDRIP”), making UNDRIP part of BC law. UNDRIP UNDRIP is a comprehensive international instrument on the rights of indigenous peoples, that sets out basic human rights within an indigenous context and […]Read More
EA Sports first released the Fifa football video games (“Fifa”) two weeks before Christmas in 1993. Since then, Fifa has become the most popular football game in the world and is listed in the Guinness World Records as the best-selling sports video game franchise. EA have unlocked the commercial potential of Fifa using online game […]Read More
On June 5, 2020, President Trump signed into law the Paycheck Protection Program Flexibility Act (“PPPFA”), which makes several important changes to the Paycheck Protection Program designed to address concerns expressed by the small business community. The key features of the PPPFA include: Extending the time period to use PPP funds from 8 weeks to […]Read More
The Sejm, the lower chamber of Polish parliament, has just adopted and passed on to the Senate the latest package of legislation touted as the Anti-Crisis Shield intended to counter the effects of the coronavirus epidemic. The numerous legislative proposals advanced by the government in this context include amendments to the legislative Act of 24 […]Read More
Read the latest from Procopé & Hornborg Ltd, Attorneys at Law on their competition blog by clicking here. Procopé & Hornborg is the LAW member in Helsinki, Finland.Read More
The Commercial Tenancies (COVID-19 Response) Regulations 2020 (Regulations) were released on Friday 29 May 2020. The Regulations adopt a Code of Conduct for Western Australia (WA Code) pursuant to section 13(2) of the Commercial Tenancies (COVID-19 Response) Act 2020 (Act). The WA Code is effective from Saturday 30 May 2020. The principles set out in […]Read More
The Australian Taxation Office (ATO) has recently released a Guidance Note (GN 2020/1) which contains information for employers, payroll software providers and intermediaries who may need to change the way they calculate their superannuation guarantee obligations. Learn more from LAW member Rigby Cooke Lawyers in Melbourne, Australia by clicking here.Read More
The unprecedented measures taken to address the COVID-19 pandemic have had a profound impact on small businesses in Saskatchewan, with numerous small businesses having had their operations shut down by health orders implemented to prevent the spread of the virus. This has created significant challenges for many struggling small businesses that have continued to accumulate […]Read More
Gruppe Georg Kofler sold all shares in Leifeld Metal Spinning AG, the world market leader in spinning and flow-forming machines, to Nihon Spindle Manufacturing Co. Ltd., a subsidiary of Sumitomo Heavy Industries. A team led by M&A partner Dr. Stephan Bauer advised the Georg Kofler group on the transaction. The ESCHE team also included the […]Read More
LAW Member, Blenheim, from Amsterdam, Netherlands, breaks down all you need to know about the COVID-19 Wage Subsidy. Click here to learn more.Read More
As the COVID-19 pandemic forces people to adopt homeworking and physical distancing, digital transformation is no longer a mere option. In the past few months, we have witnessed how most businesses have departed from the traditional in-person meetings to virtual meetings, working through online collaborations, and hosting seminars and forums through digital means. Learn more […]Read More
The Covid-19 pandemic introduced lockdown measures not previously experienced by society across the globe. It also gave rise to an unparalleled number of health monitoring-cum-tracking apps deployed by governments in the name of more effective and efficient contact tracing and health monitoring of the public. Such tracing and health apps were first rolled out in […]Read More
Our LAW Member in Hamburg, Germany, Esche Schümann Commichau, discusses interdisciplinary consulting in their latest press release. Click here to learn more.Read More
Our LAW member firm in Lima, Peru has put at your disposal the update of the legal guide about Covid19 carried out by the Albagli Zaliasnik study, in which CPB Abogados collaborated developing information about the Peruvian State. Click here to learn more.Read More
Ward Keller, our LAW member firm from Darwin, Northern Territory, Australia, have created a fact sheet on leases in the Northern Territory. Click here to read more.Read More
Do I Need a Conveyancer? You may be asking yourself, what is conveyancing? Conveyancing is the process of transferring property to another when you are buying or selling a property. Buying or selling a house and land is ordinarily the most important transaction a person will ever undertake so it is important to avoid pressure […]Read More
What can you do if your visa is about to expire? Partner Antonia Torr, with our London, England LAW member firm Howard Kennedy LLP gives guidance on the immigration issues individuals may be facing amid the coronavirus pandemic. It is clear that we are living in challenging times at the moment – we are all […]Read More
The U.S. Food and Drug Administration (FDA) recently published new guidance (the Guidance) related to actual or potential medical device shortages during the COVID-19 pandemic The Guidance is meant to implement Section 506J of the Federal Food, Drug, and Cosmetic Act (FD&C Act) (21 U.S.C. 351 et seq.), which was added under Section 3121 of […]Read More
The Canadian government announces the Canada Emergency Commercial Rent Assistance (“CECRA”) for small businesses that are struggling to pay their landlords as a result of the COVID-19 Pandemic. Click here to read the article written by Theresa Nolan, from our Calgary, Alberta Canada firm Carscallen LLP. Read More
The worldwide impact of COVID-19, which has resulted in countries around the world shutting down their borders and international travel being banned, requires companies to operate online whenever possible. Click here to read more. To learn more about our Melbourne, Victoria, Australia member firm Rigby Cooke Lawyers visit www.rigbycooke.com.au. Read More
As companies continue to navigate how to do business during the coronavirus, the threats to data and privacy continue to grow. Many hackers are using the pandemic to launch new phishing scams, putting data increasingly at risk. Klinedinst corporate attorney James D. Snyder provides guidance and tangible steps companies can take to lock down data during COVID-19 to protect you and your customers.Read More
The Intellectual Property Group discusses filing deadline extensions issued by United States Patent and Trademark Office (USPTO) as a result of COVID-19. Click here to read the article published by our New York City, New York firm Tarter Krinksy & Drogin LLP.Read More
SBA Issues Additional FAQ on Paycheck Protection Program
Under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), the Small Business Administration (SBA) is tasked with administering the Paycheck Protection Program (PPP), the loan program intended to allow employers to continue to pay their employees and assist with certain other expenses resulting from the COVID-19 pandemic.Read More
Getting your Life and Estate Planning Documents in Order during a Health Crisis As the world searches for a new normal, it is more important than ever to make sure that the interests of you and your loved ones are properly protected. We have compiled the below list of the basic life and estate planning […]Read More
Click here to read the latest update on the Paycheck Protection Program from our LAW member firm in New York City, New York Tarter Krinsky & Drogin LLPRead More
Today businesses are meeting unprecedented challenges. Principles of turnaround management, i.e., turning struggling businesses into successful businesses, are now essential to almost every business. As in any crisis, business managers will face difficult decisions concerning treasury management, creditor relations and, potentially, seeking bankruptcy relief. Click here to read the full article posted by our member […]Read More
Click here to read the latest news alert from Steven Caloiaro and Caleb Green from our member firm in Toronto, Ontario, Canada Dickinson Wright.Read More
Eduardo Madeira and Patrícia Martinuzzo from our LAW member firm in São Paulo, Brazil, published an article about today’s Covid-19 and corporate income tax in Valor Econômico. Click here to read more.Read More
Click here to read the latest article written by Jared Christensen and Matthew Keane from our LAW member firm Dickinson Wright PLLC in Toronto, Ontario, Canada. Read More
Click here to read about how Covid-19 has impacted the fashion, luxury and apparel sector in Italy. To learn more about our LAW member firm in Milan, Italy visit https://nunziantemagrone.it/ Read More
Food Sector Workers Qualify for COVID-19 Supplemental Paid Sick Leave - The following analysis is provided by Klinedinst’s Raja Hafed, and was published by the Association of Defense Counsel of Southern California’s Employment Law Committee.Read More
With organisations having moved large volumes of employees to remote working, businesses need to be vigilant about protecting confidential company information, increased cybersecurity risks and observing their legal obligations. RDJ CIO, Connie Wiseman and Cyber and Data Protection Partner, Ricky Kelly outline five key technology and security considerations for your business and IT operations. Read More
In our recent Immigration Alerts, we discussed United States Citizenship and Immigration Services (USCIS) closures and updates regarding labor condition posting notices in the context of nonimmigrant visa applications in light of the “new world” of telecommuting during the COVID-19 era. We also recently discussed travel restrictions to and from the United States. Below are […]Read More
