This article looks at recent important issues in labor law for UK employers.
In January 2023, the UK's Competition and Markets Authority (CMA) published its much awaited consultation on its Draft Guidance on Horizontal Agreements. The CMA clearly indicated that it proposes to take advantage of its post-Brexit freedom and to depart from the position on this issue taken by the European Commission as set out in its Draft Guidance on Horizontal Agreements, and to take a more radical and permissive approach to the role competition law has to play in supporting environmental sustainability initiatives.
ESG issues are playing an ever-increasing role in businesses and have an impact right across the employment, retirement benefits, tax, executive compensation and share incentives space. This trend of growing focus is expected to continue into 2023 and beyond. As such, when designing and reviewing compensation and benefit packages, it is increasingly important for companies to do so with its ESG strategy in mind.
The UAE Agency Law which has been in place since 1981 has been repealed and replaced by a new law, Federal Law No. 3 of 2022 Regulating Commercial Agencies which comes into force on 16 June 2023. The new law still provides protection for agents against the termination of the agency contract, which goes beyond the terms of the contract. However, this protection has been reduced and now provides greater balance between principals and agents. The de facto exclusivity which agents had under the old law continues under the new law.
Procurement of green energy and associated certificates is at the top of the agenda for many industrials, who are particularly impacted by soaring energy costs and required to meet ambitious ESG and decarbonization goals. As a result, industrial organizations are seeking to obtain all or most of their power from renewable sources.
This article discusses the Czech Republic government adopts a long-awaited amendment changing rules for energy price caps applicable to large enterprises.
This article discusses issues such as falling share prices in response to labor disputes, “living wage” resolutions at AGMs, stakeholder concerns over working conditions in supply chains, and workers speaking up about their employer’s culture and ethics, which potentially engage the EU’s new sustainability reporting duty.
In a first-of-its-kind case to focus on trademark infringement and dilution in the virtual world, a nine-person jury in Manhattan, New York has sided with the French fashion house, Hermès International S.A (“Hermes”) in its legal battle against Sonny Estival aka Mason Rothschild (“Rothschild”), the creator of the “MetaBirken” Non-Fungible tokens (“NFTs”).
This article highlights what firms need to consider during their journey of digital transformation and investments in data opportunities, more specifically in the context of corporate transactions and reorganizations.
The Home Office (United Kingdom) has updated its sponsor guidance to incorporate recent changes to immigration rules as well as some other changes to the guidance. In this article, learn about these employment changes to ensure compliance.