Category Archives: Law

Law Press Releases & News distributed via EuropaWire

WINCOR NIXDORF Aktiengesellschaft: Public disclosure of an inside information according to Article 17 para. 1 of the Regulation (EU) No 596/2014 on market abuse

Public disclosure of an inside information according to Article 17 para. 1 of the Regulation (EU) No 596/2014 on market abuse (market abuse regulation – MAR) PADERBORN, 17-Aug-2016 — /EuropaWire/ — Following the consummation of the tender offer by Diebold, Incorporated, … Read the full press release

European Commission: Spain aid granted to railway operator ADIF for high-speed train test centre in Andalusia not in line with EU state aid rules

BRUSSELS, 27-Jul-2016 — /EuropaWire/ — The Commission has concluded that aid granted by Spain to railway operator ADIF for the construction of a high-speed train test centre in Andalusia does not meet a genuine objective of common interest. In particular, … Read the full press release

EU Commission: Paramount commitments on cross-border pay-TV services now legally bound under EU antitrust rules

BRUSSELS, 27-Jul-2016 — /EuropaWire/ — The European Commission has made commitments offered by Paramount legally binding under EU antitrust rules. These address the Commission’s concerns regarding certain clauses in film licensing contracts for pay-TV between Paramount and Sky UK. These clauses … Read the full press release

MAN granted immunity as key witness in EU Commission’s cartel case against five major European truck manufacturers

Fines for European truck manufacturers — MAN granted immunity as key witness MUNICH, 20-Jul-2016 — /EuropaWire/ — Today (2016-07-19), the European Commission imposed fines of several billion euros against five major European truck manufacturers for their participation in a cartel, … Read the full press release

FLSmidth to adjust its communication policy regarding new orders due to new EU Market Abuse Regulation

COPENHAGEN, 12-Jul-2016 — /EuropaWire/ — Following the new EU Market Abuse Regulation, FLSmidth will as of 7 July 2016 adjust its communication policy regarding new orders. In the future, there will no longer be a specific monetary threshold for disclosing orders via … Read the full press release

Ocean Yield has two vessels on long-term bareboat charter to Farstad Supply AS, a subsidiary of Farstad Shipping ASA

OSLO, 08-Jul-2016 — /EuropaWire/ — Reference is made to the press release issued by Farstad Shipping ASA (“Farstad”) today, July 4th 2016, where Farstad and a majority of its secured lenders have entered into a standstill and deferral agreement and a defeasance … Read the full press release

Research: Professor Kendall and Dr Lenten looked at what happens when the rules of sport are changed

NOTTINGHAM, 07-Jul-2016 — /EuropaWire/ — As Wimbledon quarter finals beckon and the semi-finals of Euro 2016 are about to kick off, operational research scientists have been looking at what happens when the rules of sport are changed or when existing rules … Read the full press release

PwC’s latest Tax Function of the Future report: Tax reporting and compliance processes will be radically redesigned by technology

NEW YORK, 23-Jun-2016 — /EuropaWire/ — Tax reporting and compliance processes will be radically redesigned by technology, freeing up tax professionals to provide real time information and analysis for organisations’ major decisions. PwC’s latest Tax Function of the Future report, examines … Read the full press release

Equal treatment with US citizens for EU citizens when it comes to judicial redress rights before US courts

BRUSSELS, 02-Jun-2016 — /EuropaWire/ — On 2 June 2016, the European Union and the United States of America signed the so-called “Umbrella agreement” which puts in place a comprehensive high-level data protection framework for criminal law enforcement cooperation. The agreement improves, … Read the full press release

MEPs: The European Criminal Records Information System (ECRIS) should be extended to include non-EU nationals

The European Criminal Records Information System (ECRIS), which EU countries use to exchange information on the criminal convictions of EU citizens, should be extended to include non-EU nationals, Civil Liberties Committee MEPs said on Monday. MEPs also want the system … Read the full press release

Civil Liberties Committee MEPs endorse standard EU travel document for non-EU nationals

The Commission’s proposal for a standard EU travel document, to speed up the process of returning non-EU nationals who stay “irregularly” in EU member states without valid passports or identity cards, was endorsed by Civil Liberties Committee MEPs on Monday. … Read the full press release

Plans to bring together Frontex and national border management authorities backed by the Civil Liberties Committee

Plans to set up an integrated EU border management system, with a flagship European Border and Coast Guard agency, bringing together Frontex and national border management authorities, were backed by the Civil Liberties Committee on Monday. They would enable extra … Read the full press release

EU Border and Coast Guard plans put to a vote in Parliament’s civil liberties committee this week

Plans to set up an EU Border and Coast Guard are to be put to a vote in Parliament’s civil liberties committee this week. MEPs also vote on proposals to introduce a standard European travel document for non-EU nationals and … Read the full press release

OSCE organized discussion on human rights issues in Dushanbe, Tajikistan

Dushanbe, Tajikistan, 31-May-2016 — /EuropaWire/ — Some 90 participants, including government officials and civil society representatives, are coming together in Dushanbe today for a meeting organized by the OSCE Office in Tajikistan to discuss human rights issues specific to the country, … Read the full press release

RTL Group: 48,158 physical bearer unregistered shares of RTL Group now cancelled in accordance with the Immobilisation Law

Only physical, unregistered bearer shares of RTL Group affected Shareholding structure of RTL Group remains unchanged Luxembourg, 26-May-2016 — /EuropaWire/ — The Extraordinary General Meeting (EGM) of RTL Group, held on 25 May 2016, acknowledged that 48,158 physical bearer shares … Read the full press release

The Psychoactive Substances Act (2016) discussion at the University of Warwick

COVENTRY, UK, 20-May-2016 — /EuropaWire/ — Last night researchers at the University of Warwick hosted a ‘Psychoactive Supper’ to stimulate discussion about the concept of psychoactivity, central to The Psychoactive Substances Act (2016), a new piece of UK legislation that seeks … Read the full press release

Telia Company: Swedish prosecutors close down the investigation regarding suspected bribery in Azerbaijan

STOCKHOLM, 05-May-2016 — /EuropaWire/ — Swedish prosecutors have announced that they close down the investigation regarding suspected bribery in Azerbaijan. After today’s decision, there are no ongoing Swedish investigations that relates to Telia Company, except for the investigation regarding Uzbekistan. Telia … Read the full press release

TÜV Rheinland: Jean-Claude Mas and four other individuals involved at PIP with confirmed conviction in France

COLOGNE, 05-May-2016 — /EuropaWire/ — The Court of Appeals in Aix-en-Provence today confirmed the conviction of Jean-Claude Mas and four other individuals involved at PIP. It found the accused guilty of, among other things, fraud to the detriment of TÜV Rheinland. … Read the full press release

PwC to offer advisory and taxation services in Bangladesh by opening new office in Dhaka

Eyes growth in Tax, Forensics, Cybersecurity, Government, Digital and Infrastructure Advisory DHAKA, Bangladesh, 26-Apr-2016 — /EuropaWire/ — PwC today announced the inauguration of its office in Dhaka, further leveraging the opportunity to partner Bangladesh in its growth journey by offering services … Read the full press release

EQT Mid Market Fund invests in Singapore-based corporate service provider In.Corp Group

EQT Mid Market invests in In.Corp Group, a leading corporate service provider in Singapore Strategy is to support continued growth and development of the Company, further consolidate the Singapore market, and expand regionally to create an attractive platform Founders/management remain … Read the full press release