Právní novinky

Lithuania: New Labour Code brings employer-favourable novelties to individual employment relations. As of 1 January 2017 a new Lithuanian Labour Code (the “new LC”) comes into force. The new LC together with supporting legal acts forms one part of the new social model. The new LC aims to improve regulation

Lithuania: the bnt attorneys-at-law litigation team is representing a global audit firm against a record-breaking claim of EUR 300 000 000. A high-stakes litigation case is under way with a record-breaking claim for damages. The bnt attorneys-at-law dispute resolution team is representing the defendant. The dispute involves audit and finance

Hungary: Work safety representatives must be elected in companies with more than 20 employees The new regulation imposes a significant extra burden on companies. From now on, work safety representatives must be elected at companies employing more than 20 people. Previously this was mandatory only for companies with over 50 employees.

German minimum wage set to rise from 1 January 2017. With effect from 1 January 2017, the minimum hourly wage in Germany will increase from EUR 8.50 to EUR 8.84. The minimum wage rate will apply during the next two years; afterwards, a commission tasked with setting the minimum wage

Germany: Before insolvency proceedings begin, the fiduciary duty-based ban on recovery of a loan by a shareholder does not apply. Introduction of the MoMiG (Act to Modernize the Law Governing Limited Liability Companies and to Combat Abuses) has resultsed in modernization of the equity compensation law and thus