On Tuesday 10th September the WLN Litigation Focus Group met to kickstart the group’s new project on the liability of a director in bankruptcy proceedings. Next time, the group plans to continue its roundtable sharing answers to questions including ‘in which cases can a director be held liable in the case ofZobrazit více
Family foundations have already gained considerable popularity, but some issues related to their functioning still raise some doubts. One of the problematic issues may be the reporting of the beneficial owners of a family foundation to the Central Register of Beneficial Owners (hereinafter: CRBO). In this article, we focusZobrazit více
The European Union Directorate-General for Migration and Home Affairs has confirmed details of a visa waiver and an Entry and Exit system (EES) for non-EU nationals. The EES is an automated IT system for registering fingerprints, photograph and passport details of non-EU nationals travelling for a short stay, eachZobrazit více
The UAE through the Federal Decree Law No. 9/2024 (“Amended Law”) issued on 29/07/2024, has amended Article 54 (Individual Labor Disputes) and Article 60 (Fines for prohibited acts) of the Federal Decree Law No. 33 of 2021 regarding the regulation of Employment Relationship (“Labour Law”). Changes to Article 54Zobrazit více
The Terms ‘Insolvency’ and ‘Bankruptcy’: In common parlance, insolvency and bankruptcy is often used interchangeably. However, there is a marginal difference between these two words. Insolvency refers to a situation when an individual or an entity is not able to meet the financial obligations due to excess of liabilitiesZobrazit více