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  • Protecting competition
    Law Number 4054 on the Protection of Competition has been substantially amended by Law Number 5728 published in the Official Gazette on February 8 2008. The Amendments provide for: (i) the calculation of fixed fines; (ii) the introduction of new fines to be levied against the directors and employees of the undertakings who exerted decisive influence that resulted in the infringement of the law; (iii) the introduction of a leniency mechanism; and lastly (iv) the collection of fines.
    March 31 2008
  • Guarantor protection
    The Special Law on Guarantor Protection (the SLGP) was passed during the parliamentary session held on February 19 2008. The SLGP will be enforced six months after it is promulgated by the president, and it will apply to newly established or renewed guarantee contracts.
    March 31 2008
  • New Japanese poison pill
    If exercised, it'll dilute shareholder stakes
    March 31 2008
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    Spain: Answering the right questions
    Vicente Conde and Oriol Armengol of Perez-Llorca argue that although some questions remain, Spain is on the way to achieving transparency
    March 31 2008
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    Taiwan: How the new act affects you
    James Chen, CT Chang, Alex Jui-Lin Liu and Sophia Yeh of Lee and Li discuss the impact of new legislation and how to conduct M&A in Taiwan
    March 31 2008
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    Japan: Less regulation
    Japan's new guidelines ease regulation on M&A and help it keep up with worldwide changes. Masakazu Masujima of Mori Hamada & Matsumoto discusses the developments
    March 31 2008
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    Germany: Rise of secondary transactions?
    Dr Michael Inhester and Christian Tönies of P+P Pöllath + Partners argue that secondary transactions should no longer be seen as a makeshift solution
    March 31 2008
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    Finland: High energy levels
    A volatile year has not harmed Finland, says Nina Wilkman of Borenius & Kemppinen
    March 31 2008
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    Canada: Another record year for M&A
    William J Braithwaite and John J Ciardullo of Stikeman Elliott assess Canada's year
    March 31 2008
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    Austria: Doing deals in Austria
    Albert Birkner and Hasan Inetas of CHSH explain the governing legislation
    March 31 2008
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