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9 Jan 2020, 7:53 am
INDIA Bloomberg described India as holding the “world’s worst bad-debt pile” in September 2019, with Indian banks holding USD 130bn of “bad loans” in December 2019. [read post]
6 Dec 2019, 7:10 am
AUSTRALIA Australia’s four biggest banks – Westpac, ANZ Bank, National Australia Bank and the Commonwealth Bank of Australia – hold AUD 1.4tn (approximately USD 960bn) in assets which are equivalent to around 140 per cent of Australia’s gross domestic product, and also hold around 80 per cent of Australia’s loans. [read post]
3 Dec 2019, 4:51 am
The post Aircraft repossession upon a default – a review of the issues in the United Kingdom, USA, India and Nigeria appeared first on Brown Rudnick. [read post]
11 Nov 2019, 7:10 am
The post Claridge’s Hotel Limited v Claridge Candles Limited & Denise Shepherd [2019] EWHC 2003 (IPEC) appeared first on Brown Rudnick. [read post]
6 Nov 2019, 3:05 am
Introduction On 7 October 2019, the European Council adopted the Whistleblower Protection Directive (the “Directive”) on protecting persons who report breaches of EU law. [read post]
5 Nov 2019, 11:21 am
The post Brexit delayed for a third time as UK general election looms appeared first on Brown Rudnick. [read post]
31 Oct 2019, 3:59 am
SWITZERLAND Reuters reported that Switzerland’s economic growth decelerated in the second quarter of 2019 to 0.3 per cent from a downwardly revised 0.4 per cent in the previous period. [read post]
28 Oct 2019, 2:50 am
These sanctions are also intended to safeguard against foreign interference in the 2020 presidential elections. 1https://www.forbes.com/profile/valentin-gapontsev/#27027c0a1a0c The post Alert: First Successful Removal from the US Treasury’s “Kremlin List” of Russian Oligarchs appeared first on Brown Rudnick. [read post]
3 Oct 2019, 11:40 am
The post Alert: Brown Rudnick’s M&A Litigation Trial <br> Victory Highlights the Difficulty of Shifting the <br> Costs of Post-Closing Business Decisions onto the Seller appeared first on Brown Rudnick. [read post]
1 Oct 2019, 9:08 am
THE NETHERLANDS The property market in the Netherlands is booming, with real house prices in Amsterdam rising 64 per cent in the five years up to September 2018. [read post]
24 Sep 2019, 11:45 am
The post Client Alert: Department of Labor Announces More Stringent Test for Exemption from Overtime Pay appeared first on Brown Rudnick. [read post]
2 Sep 2019, 3:38 am
GREECE Greek Prime Minister Kyriakos Mitsotakis announced on 27 August 2019 that “from today, capital controls are a thing of the past“. [read post]
1 Aug 2019, 12:08 pm
CZECH REPUBLIC Andrej Babiš’ government survived a second no confidence vote on 27 June 2019, following an initial call for a vote of no confidence on 23 November 2018. [read post]
2 Jul 2019, 10:46 am
The views expressed herein are solely the views of the authors and do not represent the views of Brown Rudnick LLP, those parties represented by the authors, or those parties represented by Brown Rudnick LLP. [read post]
28 Jun 2019, 8:09 am
Romania’s ruling Social Democratic Party (Partidul Social Democrat) (“PSD“) survived a Parliamentary no confidence vote on 18 June 2019. [read post]
23 Jun 2019, 8:03 am
Ted Graham, formerly the intake director at Brown Rudnick and now looking for new haunts, recently reached out with a topic, title and hook he knew would grab my attention… and thus a tale was spun: “GDPR and Conflicts of Interest: Ghosts in your files? [read post]
5 Jun 2019, 11:48 am
The Loan Syndications and Trading Association (the “LSTA“) published revised trading documentation on May 17, 2019 (the “Publication Date“). [read post]
3 Jun 2019, 1:40 pm
Poland Poland’s ruling Law and Justice Party (Prawo I Sprawiedliwość) (“PiS“) stormed to victory in the European Parliament elections on 26 May 2019 with over 45 per cent of the vote. [read post]
15 May 2019, 10:32 am
The post Brown Rudnick CIS Briefing appeared first on Brown Rudnick. [read post]
14 May 2019, 10:52 am
The post Alert: Judicial Decision Reminds Employers of the Complexity of Calculating Overtime Pay appeared first on Brown Rudnick. [read post]