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IN THE KNOW.

Browse through a selection of articles from our legal experts on topics of interest to investors and businesses in our region.

Proposed changes to the legal regime of undeclared work in Romania

June 2017 - Romanian labour legislation is under a mood of change. Legislator implements EU message for tackling undeclared work at the national level by recent proposed amendments of the Romanian Labour Code.The legislative proposal focuses on enhancing...

Romania joins EU Member States that have transposed the Damages Directive

June 2017 - During its last meeting of May 2017, the Romanian government adopted Government Emergency Ordinance no. 39/2017 (the ‘GEO’) on damage claims related to cases of competition law infringements and amending the Competition law no. 21/1996....

Kinstellar authors chapter of the “Anti-Corruption Law and Practice Report 2017’’

June 2017 - The IBA Anti-Corruption Committee's Drivers of Corruption Subcommittee has issued a new report named "Innovation in Enforcement and Compliance". We are proud to have contributed the "Challenges in internal investigations" chapter.The report...

National Bank of Ukraine gives green light to repatriation of Ukrainian equity investments and acquisition of foreign assets

June 2017 - On 12 June 2017, the larger parts of the Resolutions of the Management Board of the National Bank of Ukraine (NBU) No. 41 dated 25 May 2017 and No. 51 dated 8 June 2017, amending the Resolution of the NBU Management Board on Addressing the...

2016 Year in Review: Competition Laws of Ukraine. Wind of Change

June 2017 - Last year, the Antimonopoly Committee of Ukraine (AMCU) has succeeded in promotion of fair competition in Ukraine. Bolstered by efficient regulatory regime, the role of AMCU has become increasingly important.AMCU's efforts and success to date...

Can Sub-Clause 20.1 of the FIDIC Red Book be avoided?

June 2017 - This article examines the relationship between Sub-Clause 20.1 of the FIDIC Redbook (1999 edition) and Clauses 12 and 13.If Clauses 12 “Evaluation” and 13 “Variations” come within the ambit of Sub-Clause 20.1, can Sub-clause 20.1 be...

Ukraine moves to comply with its Energy Community obligations by adopting environmental impact assessment bill

May 2017 - As part of its commitment under the Treaty establishing the Energy Community, on 23 May 2017 Ukraine’s parliament adopted an environmental impact assessment bill aimed at harmonising Ukrainian legislation with the applicable EU standards.The...

National Bank of Serbia publishes draft law on interchange fees

May 2017 - On 30 May 2017, the National Bank of Serbia (“NBS”) published on its website draft legislation to introduce new rules for interchange fees relating to payment card transactions.The draft Law on Interchange Fees and Special Rules of Business...

Avoiding IP traps in CEE – M&A transactions

May 2017 - Given the increased focus on MA transactions in CEE involving a strong IP component, it is essential to identify, at an early stage, any potential IP red flags. These should later be reflected in the deal structure – including valuation –...

Ukraine expands sanctions against Russia to social media and IT sectors

May 2017 - Ukraine has blocked operation of Russian social media websites and IT companies as part of new economic sanctions against Russia in response to its annexation of Crimea and support for separatists in Eastern Ukraine.The new sanctions, part...