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EU Insolvency Law redrawn: What directive 2026/799 changes and why it matters

April 2026 – Until last week, an investor assessing a distressed exposure in another EU member state had to navigate up to 27 different insolvency regimes, each with its own rules on look-back periods, directors' obligations, asset recovery, and creditor...

No national taxation of free CO₂ emission allowances (ECJ Case C‑519/24)

April 2026 – In its ruling issued today, the European Court of Justice (ECJ) clarified that Member States may not impose national taxes on CO2 emission allowances allocated free of charge under the EU Emissions Trading System (EU ETS). 

Uzbekistan prepares the legislative foundation for the Tashkent International Financial Centre

April 2026 – In a landmark legal development for Uzbekistan, the Ministry of Investments, Industry and Trade has published for consultation the draft Constitutional Law on the Tashkent International Financial Centre ("TIFC") (the "Draft Law") - the...

Kinstellar advises MOL on its restructuring into a holding entity

April 2026 – We are proud to have advised Hungarian oil and gas company MOL Plc. on its transformation into a holding entity—the largest corporate restructuring to date in Hungary. The transaction was exceptional in both scale and complexity, making...

Czech Republic opens the door to Level 3 Autonomous Driving

April 2026 – The Czech Republic has entered a new phase of mobility, aligning itself with other EU Member States, most notably Germany and France. As of 1 January 2026, Czech law permits the operation of SAE Level 3 vehicles, introducing a relatively...

Uzbekistan introduces a legislative framework for Islamic banking

April 2026 – On 27 March 2026, the President of Uzbekistan signed Law No. LRU-1126 (the “Islamic Banking Law” or “IBL”), marking a historic milestone in the development of Uzbekistan’s financial sector. 

Kinstellar advises TotalEnergies on its landmark agreement with Masdar to establish a USD 2.2 billion pan-Asian renewable energy joint venture

April 2026 – Kinstellar has recently advised TotalEnergies on its landmark agreement with Masdar to establish a USD 2.2 billion pan-Asian renewable energy joint venture.

Czech Competition law undergoes its most significant reform in decades

April 2026 – The Czech Competition Authority (CCA) has prepared a landmark draft amendment to the Czech Competition Act. This is arguably the most ambitious overhaul of Czech competition law in over two decades, and the three pillars below are ones...

Unfair trading practices in Serbia: Competition Authority to enforce a new regulatory framework for buyer–supplier relations

April 2026 – Relatively recent enforcement activity of the Serbian Commission for Protection of Competition (the “Commission”) has brought renewed attention to buyer and supply relations in shaping market outcomes.

The European Cybersecurity Reform

April 2026 – We are pleased to share our latest overview and critical analysis of the European cybersecurity reform, Cybersecurity Act 2.0 (CSA2).