Search Results for: EU Court
VW Says Its Diesel Cheat Software Is Legal in Europe
November 5th, 2016
It’s the very technology which led it to incur up to $16.5 billion in U.S. settlement costs. Volkswagen said the software allowing its diesel vehicles to evade emissions rules does not violate European law, as the carmaker aims to ...
U.K. Court Puts Brexit in Hands of Parliament
November 4th, 2016
A U.K. court put a hurdle in the country’s route out of the European Union, ruling that Prime Minister Theresa May can’t start the process without approval from Parliament. The High Court decision offers a potential opening to lawmakers to disrupt ...
EU and Canada signed CETA; a trade deal that sets a new standard for global trade
November 1st, 2016
On 30 October, the EU and Canada sign a trade agreement, known as the Comprehensive Economic and Trade Agreement (CETA). This deal will create jobs and growth by boosting trade and strengthening economic relations. CETA’s progressive nature will set ...
EU-Canada trade deal in shambles with Belgium’s arbitration revision demand
October 31st, 2016
The crumbling free trade deal between the European Union and Canada may hit another roadblock, even though Brussels managed to find a way out of an impasse with its regions. The Belgian government admitted on Friday that the Comprehensive ...
Hanjin Shipping to shut its operations in Europe
October 24th, 2016
South Korea’s Hanjin Shipping Co. said Monday it plans to close its European operations, in the latest sign that the troubled company is heading toward liquidation. Hanjin 117930, -11.84% , South Korea’s largest shipping company, has applied for court approval to close ...
Britain’s future outside of the EU drives hundreds of British lawyers to register in Ireland
October 20th, 2016
With Britain’s future outside of the EU still far from certain, the latest figures reveal that more than 700 British solicitors have now registered to practice in the Republic of Ireland. The precautionary investment, which costs around £300, is ...
Italy court accepts Monte dei Paschi settlement request: source
October 14th, 2016
An Italian court accepted a request from Banca Monte dei Paschi di Siena (BMPS.MI) to settle a case revolving round alleged financial crimes by former managers, a source said on Friday. The settlement with Monte dei Paschi involves the ...
Theresa May lays out Brexit timetable for leaving the European Union
October 3rd, 2016
The PM says the UK will quit the EU “whether people like it or not” and there will be “no unnecessary delays” in negotiations. Theresa May has said she will trigger the formal process for the UK to leave ...
Why the EU says Apple must pay Ireland $14.5 billion in tax
September 1st, 2016
The European Commission (EC) ordered Apple Inc. to pay Ireland unpaid taxes of up to 13 billion euros ($14.5 billion) on Tuesday as it ruled the firm had received illegal state aid. What is the EC alleging? The European ...
UK: one of the biggest legal shakeup to the insurance sector comes into force
August 12th, 2016
One of the biggest shakeups to the insurance sector in recent memory comes into force tomorrow. The Insurance Act 2015 was granted Royal Assent 18 months ago. However, the bulk of its provisions, including creating a new duty for ...
