Worldwide: Corporate/Commercial Law

What ultimately determines whether a compliance programme succeeds or fails? This article explores the critical role of leadership, accountability and employee engagement in fostering a culture of compliance, examining how ethical conduct and organizational values influence the practical implementation of compliance measures and what distinguishes effective programmes from those that exist only on paper.

France's new economic simplification law substantially reforms the Hamon provisions governing employee information requirements during company sales. The legislation narrows the scope of mandatory employee notification, shortens compliance timelines from two months to one month, and reduces civil penalties from 2% to 0.5% of the transaction value.

Luther's M&A team provides comprehensive advisory services on complex cross-border transactions, integrating corporate, financing, and regulatory expertise to structure and execute deals within fully integrated frameworks. The firm's publications cover diverse legal topics including consumer protection, competition law, employment law, and estate planning, demonstrating their multidisciplinary approach to legal practice.

A closer look at the International Non Profit Accounting Standard (INPAS), its practical impact, and key consideration for local non profits.

The legal framework governing trusts in Cyprus is based on The Trustees Law, Cap. 193, ("The Trustees Law"), which is largely based on the English Trustee Act of 1925 and on The International Trusts Law...

The Fundraising Regulator ('the Regulator') - the independent regulator overseeing charitable fundraising in England...

This article is part of a series exploring court actions available under the Companies Act (Chapter 386 of the Laws of Malta).

Two brothers face trial for allegedly orchestrating 65 mechanical engineering exports to Russia valued at approximately €833,000 by concealing the true destination through shell companies in Turkey and Kyrgyzstan.

There have been several notable developments under the EU Market Abuse Regulation (MAR) in recent months. This article provides a brief overview of the key changes and their practical implications.

The Luxembourg Administrative Tribunal has ruled that repayments of share premium to shareholders, without a formal share capital reduction, do not qualify for tax exemption and may be subject to 15% dividend withholding tax. This decision challenges common corporate finance practices and raises important questions about the tax treatment of distributions from equity reserves in Luxembourg.

Luxembourg has introduced a new law allowing founders of private limited liability companies (SARLs) to defer the cash payment of the EUR 12,000 minimum share capital for up to 12 months following incorporation. This legislative change addresses the practical challenge of opening bank accounts before incorporation, enabling businesses to launch quickly without immediate funding requirements while maintaining statutory minimum capital safeguards.

This article is part of a series exploring court actions available under the Companies Act (Chapter 386 of the Laws of Malta).