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Franco Aristotle G Larcina Arlene M Maneja On August 31 2016, the Philippine Competition Commission (PCC) issued a new merger notification form, which applies to notification submissions from September 1 2016. Below are the noteworthy new requirements.

Ahmed El Amoury A foreign construction company in Qatar recently won a lawsuit in relation to a dispute with a local company. This case is significant because the competent court applied and upheld the principle of personal freedom and the rights of movement set out in the Qatari Constitution. These hold that personal freedom and the rights of movement outside the state should not be restricted except in accordance with the law.

Manuel Atencia Ignacio Inigo Starting in 2011, the Spanish legislator has introduced a series of reforms which have included the possibility to cram-down creditors through the Spanish scheme of arrangement (homologación judicial).

Daniel Futej Dalimir Jančovič The new act on local development fees came into force in Slovakia on November 1 2016. Under the act, a fee will be charged for certain construction activities that take place in municipalities and cities. The act is a response to the extensive development in towns and municipalities that need new infrastructure but do not have the finances to fund the building. Investors pay the fee, and local governments should use the revenue to build technical and social infrastructure.

English and US law have been key in shaping deal mechanics in the region. Understanding the main principles is crucial

Foifa Tharaphan Albert T Chandler On July 4 2016, the Secured Transactions Act came into force. Following this, the department of business development (DBD) launched the online system for registering business collateral agreements. The qualified security recipient must be a financial institution regulated by the Bank of Thailand. A draft of the ministerial regulation allowing additional types of qualified persons to be security recipients is now going through the legislation process.

Ha Hoang Loc Nguyen Thi Minh Phuong The Council of Justices of the Supreme People's Court has legal authority to select trial decisions and judgments from all courts which have taken legal effect in order to develop them into judicial case law. It can then publish this case law for the courts to apply in adjudicating subsequent cases.

Andrew M Garbarski Criminal liability of corporations entered into force in Switzerland in October 2003. However, except for the Swiss Post matter and certain other isolated cases, only a small number of prosecutions have been conducted against corporations so far, let alone resulted in their condemnation. But as evidenced by recent public announcements from the Office of the Attorney General of Switzerland in connection with the so-called 1MDB scandal, the latest trend seems to be launching more systematically criminal investigations against corporations (such as financial institutions). This is particularly the case in matters relating to money laundering or corruption.

The political crisis following this month’s Italian referendum could have profound effects on the country’s bank reform

Unpredictability strikes back on the 2016 M&A market. IFLR1000’s annual rankings identify the law firms that have laid the foundations for next year’s deal activity