Corporate/M&A

The Rise of Screening Foreign Direct Investments into EU and Slovenia

The EU has always acknowledged the positive effects of foreign investments into member states and thus has one of the most open regimes in this regard. But in light of recent security issues in Western countries, the EU’s view on foreign investments has slightly changed, and out of concerns for both security and public order direct foreign investments could soon become subject to a so-called “screening mechanism,” in which they would be reviewed by the member state where the investment is planned, by the European Commission, and by other member states.

Employees Participating in Company Management: The Road to Hell is Paved with Good Intentions

The old Czech Commercial Code, which dated from 1991, prescribed that one third of the supervisory board of joint-stock companies with more than 50 employees must be elected by the employees. This originally brief regulation became increasingly complex, and by the time the Commercial Code was repealed thirteen years later it included detailed instructions on the matter.

Company Reincorporation Under Scrutiny: New ECJ Ruling in the Polbud Case

Cross-border reincorporations have long been of interest not only to legal scholars, but also to legal practitioners and entrepreneurs from various business fields.

Exercise of Stock Options Under the Commercial Law of Latvia

Granting of stock options to employees is not new; it has been used for many decades around the world.

Liability of Company Directors Under Lithuanian Law

The Supreme Court of Lithuania has established a precedent that tightened rules on personal liability for directors of companies.

Squeeze-Out of Minority Shareholders in Macedonia

Macedonia’s 2013 Law on Takeover of Joint Stock Companies provides a squeeze-out right enabling a majority shareholder who has acquired at least 95% of the shares of an eligible joint stock company on the basis of a takeover bid to require the minority shareholders to sell their securities at a fair consideration.

Developments in Incentive Regulations

Investments can be used as tools to support and enhance a country’s economic structure. The Turkish government has developed some policies which, together, create an appropriate and advantageous investment environment for international and domestic investors.