Search results for

Shearman & Sterling's Donald N Lamson and Sylvia Favretto explain the significance of the US stress tests for European banks

Daniel Hayek and Alexander Flink of Prager Dreifuss discuss the differences between German and Swiss culpa in contrahendo liability in M&A

The clandestine nature of high-frequency trading makes it nearly impossible to police. Thankfully a new, fairer market is emerging

Laura Widmer Until recently, Switzerland's regime for social plans was rather liberal. No obligation to conclude a social plan existed unless one was foreseen in a collective employment agreement. If companies offered severance payments or other benefits in case of redundancies, they usually did so on a purely voluntary and fully discretionary basis. Since January 2014, the amended Swiss restructuring law has been in force and the situation has changed. As a compensatory measure for loosening the legal requirements for the transfer of insolvent businesses, the new rules introduced a duty to implement a social plan in case of mass dismissals. Employers are now required to negotiate a social plan if the criteria summarised below are met.

The Netherlands is one of Europe’s most creditor-friendly jurisdictions. NautaDutil's Teun Struycken and David Viëtor explain how the country is vying with Luxembourg as the holding company jurisdiction of choice

Ekflodia Leskaj The Government of Albania has issued the final version of the draft law on value-added tax (VAT). According to the Minister of Finance, once approved by the Parliament, the new VAT law is expected to enter into force on January 1 2015 and replace the existing law on VAT, as well as all respective regulations. The draft law has been prepared with the support of the EU, setting as its principal aim the harmonisation of legislation on VAT with the acquis communautaire, in compliance with the Stabilisation and Association Agreement. One of the main intentions of the draft law is to remove double VAT taxation for transactions between Albanian and foreign businesses located in any EU member state (according to the destination principle).

The majority of European credit investors want regulators to help stop the region’s high-yield markets from becoming a bubble, according toFitch Ratings’ survey results released yesterday

Hong Kong’s regulator is looking more closely at listed companies’ disclosure, says Michael Duignan, senior director of its corporate finance division

The first securitisations of property assessed clean energy bonds have opened a lower risk alternative for funding energy efficient property developments

The launch of a new investment vehicle in Egypt signals that the country is once again open for business