As Europe begins a tentative re-opening following several difficult months of quarantining, social distancing, and working-from-home, we spoke to CMS’s Warsaw-based Employment Partner Katarzyna Dulewicz and Vienna-based Dispute Resolution Partner Daniela Karollus-Bruner for their perspective on the process.
From 30 July 2020, all Member States are required to apply stricter rules on posting of workers to other Member States. In order to transpose the Directive 2018/957 into domestic legislation, the Slovak Republic has adopted an amendment to its Labour Code introducing new tighter requirements for posting of workers. These changes will affect employers from other Member States (non-domestic employers) who send their own workers temporarily to Slovakia. Employers in Slovakia (domestic employers) who intend to post their workers abroad should, however, also pay attention to the new rules, as similar changes will be adopted across the EU.
“The in-house advisory role enables a lawyer to go deeper into the mysteries of the banking business and experience the life of a transaction, not just observe it from a distance. I elected to pursue an in-house practice at the beginning of my career, and even though I was tempted to switch to private practice many times, I remain loyal to the in-house life.”
On March 11, 2020, CEE Legal Matters reported that Kinstellar had advised Austria’s European City Estates – a group of companies owned by the Austrian Humer Private Foundation – on its acquisition of the 22,000-square-meter Rosum office complex in Bratislava from Penta Real Estate, which was advised by Skubla & Partneri.
“Slovakia’s new Government took office in March this year, exactly at the time COVID-19 hit,” says Peter Vrabel of the Legate law firm in Bratislava. “The Government consists of four parties – three of which are in the Parliament for the first time. Of course, the situation found them unprepared, so some mistakes naturally happened as a result of that. Overall, however, the response they had [to the Covid-19 outbreak] was quick and successful."
In March of 2019, relative unknown Zuzana Caputova won the Slovakian Presidential election, becoming the first woman and – at 45 – the youngest person ever to hold that office. With a background as an environmental lawyer and human rights activist, Caputova is largely viewed in Slovakia as a unifier, taking strong and reasonable approaches to even apparently intractable problems. Her success has inspired a degree of hope for the future from her former peers and colleagues in Slovakia’s legal community.
Clifford Chance has advised Vseobecna Uverova Banka a.s., the Slovak subsidiary of Intesa Sanpaolo, on the update of its EUR 5 billion covered bond program and another syndicated EUR 500 million issuance via the Luxembourg Stock Exchange. Allen & Overy reportedly advised joint lead managers Banca IMI S.p.A., Commerzbank Aktiengesellschaft, Danske Bank A/S, Erste Group Bank AG, and Landesbank Baden-Wuerttemberg.
In response to the coronavirus crisis, which is seriously impacting the Slovak economy, the Government of Slovakia has proposed and the Parliament has passed a second amendment to the Slovak Labour Code within a short period of time. We provide information on this topic below. Should you wish to obtain more details please do not hesitate to contact us.