25.7.2008
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News
Directive on cross-border mergers in banking, insurance and securities adopted in first reading
In March European Parliament (“Parliament”) gave a first reading of a directive to change European rules on how mergers of banks and other financial institutions are approved. Since the text adopted has already been agreed in informal negotiations with the Council, the proposals should enter force without further changes.
The text adopted includes the following provisions, among others:
- where the European Commission (“Commission”) proposed that supervisory authorities decide within 30 working days of being notified of a proposed acquisition, the new text sets the limit at 60 working days;
- the relevant supervisory authority may interrupt this period to ask for necessary additional information from the proposed acquirer, as long as it does so no more than 50 days into the period; the interruption can be for up to 20 working days (or 30 in the case of non-EU acquirers or those not already subject to financial supervision under EU directives);
- it is made clear that Member States may not impose more stringent requirements than those set out in the directives as amended.
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17.1.2025
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News
Historický úspěch po dvaceti letech. Potvrzeno nezákonné rozhodnutí státu.
Tým ve složení Tomáš Sequens a Petra Mirovská dosáhl po dlouhých dvaceti letech právních bojů významného vítězství ve složitém sporu o náhradu škody vůči státu za nezákonné rozhodnutí a nesprávný úřední postup Ministerstva životního prostředí v licenčním řízení vedeném v roce 2005.
