Legal news

Lithuania: The Lithuanian parliament has passed legislation addressing the issue of legal zombies in Lithuania: bnt got the snowball rolling. What is a legal zombie? It is a peculiar creature indeed: an insolvent company which abuses legal loopholes to block its own bankruptcy by perpetually filing for restructuring. Bankruptcy law

Latvia: bnt to hold lecture on “Legal aspects of the car trade with Latvia” at the German Association of Independent Vehicle Traders’ conference bnt lawyer Dr. Henning Jensen will deliver a lecture on legal aspects of the car trade with Latvia at the German Association of Independent Vehicle Traders’ annual

Belarus: These guidelines provide information about the debt recovery procedure for businesses wishing to collect money owed to them by the debtors situated in Belarus, where Belarus would be the correct place to apply for debt collection (taking into account the terms of a particular agreement). There are certain

Germany: The European Court of Justice (ECJ) has ruled that the agreement on data protection between the EU and the US is invalid. In a widely announced judgment, the ECJ has ruled that the agreement between the EU and the US on transmission of personal data to companies in the

Belarus: US suspends Sanctions against Belarusian Companies. On 29 October 2015, the US Department of the Treasury eased the sanctions regime against the Republic of Belarus by issuing a so-called general license. Starting from 30 October 2015, transactions involving the following Belarusian companies blocked by executive order no 13405 are authorised: