The new Rulebook on the Content of the Business Entities Register and Documents Required for Registration (RS Official Gazette No. 63/23) (hereinafter: "New Rulebook") has entered into force on August 5, 2023, thereby ceasing to be valid Rulebook on the Content of the Business Entities Register and Documents Required for Registration (RS Official Gazette, No. 42/2016) (hereinafter: "Previous Rulebook").
New Czech Cybersecurity Regulation: What You Need to Know
Does your business produce computers or other electronic or electrical equipment? Maybe you make machinery and equipment, pharmaceuticals, medical devices or food? Do you have 50 or more employees? Then your company is likely to be subject to the new cybersecurity regulations. The same applies if your activities are in the chemical industry or you provide a variety of digital services – for instance cloud computing, data centre services or online marketplaces.
Judgment on Copyrighting Generative AI
In the ever-evolving world of technology, the boundaries of law are constantly being tested. With the most recent developments in generative AI (artificial intelligence – language and diffusion models), the boundaries of IP law are being tested to their absolute limits. A recent ruling by the United States District Court has brought to light a significant issue that could have implications everywhere in the world, across the spectrum of creative and knowledge industries.
Can the Employer Expand the Employees' Duties Without Changing the Job Description in Hungary?
The position and tasks of the employee are one of the key elements of the employment contract and are typically recorded in the job description. It is often a matter of dispute between the parties whether the employer can unilaterally modify the job description at all, and if so, to what extent. In a recent court decision, a Hungarian appellate court addressed the above question in a situation where the employer supplemented the employee's tasks with new tasks similar to his existing tasks. In this article, we analyse the recent decision on this matter.
Redefining Montenegrin Spatial Planning and Construction Regulations
Montenegro intends to implement a profound shift in its spatial planning and construction regulations with the pending adoption of three distinct legal acts that will regulate the country’s spatial planning, the construction of facilities, and legalisation procedures.
Ukraine Regulates the Registration of Foreign Branches and Representative Offices
On 11 August 2023, the government bill No.4482 adopted by the Ukrainian Parliament, which amends certain legislative acts of Ukraine regulating the activities of separate subdivisions of a legal entity established under the legislation of a foreign state, was sent for signing to the President of Ukraine ("Draft Law").
The Four-Day Working Week – A Genuine Possibility or Just a Passing Whim?
From time to time, there’s news of companies introducing four-day work week. Magyar Telekom has been mentioned several times as the first big fish to do so, but Libri, too, has apparently done the same, as have various local subsidiaries of foreign parent companies. The obvious question is whether this option is available to everyone and, if so, at what price.
EU’s Carbon Border Adjustment Mechanism: Key Considerations for Non-EU Producers and Importers
The European Union has initiated the world’s first carbon border tax, known as the Carbon Border Adjustment Mechanism (CBAM), in a strategic move to tackle the mounting concerns of climate change.
The Rules of the Withdrawal of Lands from Agricultural Use Have Changed
A new law amending certain acts concerning the functions of the Minister of Agriculture amended a number of agricultural acts as of 1 July 2023, including Act on the Protection of Agricultural Land.
New Proposal of the Law on the Management of Enterprises Owned by the Republic of Serbia
On 03 August 2023, the Government of the Republic of Serbia passed on a new Proposal of the Law on the Management of Companies Owned by the Republic of Serbia (hereinafter referred to as: "Proposal").
Liberalization of Rules for Residency and Work of Foreigners in the Republic of Serbia
Amendments to the Law on Foreigners (Official Gazette of RS no. 24/2018, 31/2019 and 62/2023) and the Law on Employment of Foreigners (Official Gazette of RS no. 128/2014, 113/2017, 50/2018, 31/2019 and 62/2023) (“the Laws”) were published in the Official Gazette of the Republic of Serbia no. 62/2023 of July 27, 2023, and entered into force on August 4, 2023.
Three Things That Are Good to Know About Employing Third-Country Nationals in Hungary
With the hiring of third-country nationals becoming ever more prevalent on the Hungarian job market in recent years, the number of problematic employment cases is on the rise.
Bulgaria Soon to Adopt an FDI Screening Regime
Bulgaria is among a minority of EU countries that have not yet adopted a foreign direct investment (FDI) screening regime. This is about to change with the introduction in late June of a bill on the amendment of the Investment Promotion Act, implementing the screening mechanism under Regulation (EU) 2019/452.
The Long-Awaited Amendments of the Law on Foreigners and Law on Employment of Foreigners
The Serbian National Assembly adopted amendments to two key laws regulating the immigration status of foreigners in the Republic of Serbia – the Law on Foreigners and the Law on Employment of Foreigners.
The Constitutional Court Declared the State-Building Law Unconstitutional
On 19 July 2023, the Constitutional Court established that certain provisions of the act on public construction investments are unconstitutional, therefore it cannot enter into force as planned on 1 August 2023.
Promissory Note Litigation in Hungary – A Fast-Track Recovery Regime
In business life parties often use promissory notes to secure transactions since these instruments allow creditors to get back their money rapidly and easily. What special regime applies to promissory note litigations in Hungary? This article summarises the Hungarian promissory note litigation regime.
Leveraging Intellectual Property: Unraveling the Success Story of Barbie’s Brand Evolution
Since the release of the Barbie movie, there’s been an unmistakable global buzz. Beyond film, it has driven sales across a spectrum of Barbie merchandise, from costumes and makeup to beverages and even a rentable Barbie dreamhouse. The success of the Barbie movie, dolls, and brand hinges on Mattel’s very prudent approach to protecting their intellectual property rights.
Fines for Breaches of Cookies Regulations Amounting to Almost CZK 4.5 Million
Since the beginning of this year, the Personal Data Protection Office has issued fines of almost CZK 4,500,000 for breaches of the GDPR in connection with the processing of personal data via cookies.