Islamic Finance newsVolume 16, Issue 6 February 13, 2019
As part of a larger economic reform program to entice foreign investment and spur growth, Egypt’s government recently issued a number of amendments to Law No. 159 of 1981 regarding commercial companies. The new legislation aims to increase regulatory oversight over stock market transactions and other trade with financial products.
Dr. Nicolas Bremer
VerfassungsblogFebruary 6, 2019
Recent changes to Germany’s Foreign Trade and Payment Act largely affect Foreign Investments in Germany. The German government has lowered the threshold for the screening of Foreign Direct Investment (FDI) to the acquisition of 10% of the voting rights of a German company being active in the military and encryption sector and of German companies which are operating in the field of critical infrastructure according to the Regulation for Identifying Critical Infrastructure.
Those changes have a great impact on conducting investments in Germany.
This contribution analyzes the compatibility of the recent changes with EU law.
Dr. Philipp Stompfe
The close economic relations between France and Germany and the globalisation of the behaviour of private investors lead to cross-border inheritances and donations. For example, an inheritance has a foreign connection if a German citizen had his or her last residence in France or vice versa. This is also the case if the German testator owns a holiday home in France.
Since August 2015, the law applicable to the entire estate is the law of the last habitual residence of the testator. Moreover, it is now possible to choose the law applicable to one’s entire estate.
Under these conditions, French lawyers may be confronted with the application of German law.
Islamic Finance newsVol. 16 Issue 3January 23, 2019
Due to the significant regulation of the finance industry, development in the regulatory frameworks governing it is a key factor in the success or failure of the industry. While more liberal regulatory regimes may pose opportunities for short-term growth and high-risk investors, dedicated and effective regulation typically builds trust and fosters long-term progression. This is true to both the conventional industry as well as the Islamic finance industry.
Dr. Nicolas Bremer
Bilatéral N° 58December 2018p. 28-29
For some time, Morocco has been promoting industry sectors with high added value by creating free zones. One of these sectors is the automotive industry. In the latest issue of the magazine Bilatéral, published by the German Chamber of Industry and Commerce in Morocco, Dr. Daniel Smyrek and Philippe de Richoufftz comment on the legal framework for the establishment of automotive companies in these specific zones.
Dr. Daniel Smyrek and Philippe de Richoufftz
The local regime offers various possibilities to structure power generation. There are more than 130 holders of generation licenses and the introduction of the eligible customers gives other perspectives to increase the Nigerian power generation capabilities in resting on the private sector.
October 2, 2018
Philippe de Richoufftz and Elisabeth Givelet
The electricity sector in Mali is governed by the Order N. 00-019/P-RM dated March 15, 2000 and its implementing Decree N. 00-184/P-RM dated April 14, 2000.The Malian law leaves the possibility for IPP to produce electricity through power concession or self-energy production.
September 25, 2018
Legal update UAE Corporate law Foreign ownership restrictions
May 28, 2018
The International Comparative Legal Guide to:Mergers & Aquisitions 201812th EditionChapter 52, pp. 359 et seq.
This contribution provides an overview of the legal and regulatory M&A regime of Saudi Arabia as well as challenges and strategies for drafting of transaction documents for M&A transactions in and with connection to the United Arab Emirates (UAE).
The International Comparative Legal Guide to:Mergers & Aquisitions 201812th EditionChapter 43, pp. 290 et seq.
This contribution provides an overview of the legal and regulatory M&A regime of Saudi Arabia as well as challenges and strategies for drafting of transaction documents for M&A transactions in and with connection to Saudi Arabia.
Journal of Dispute ResolutionVol. 2018, Issue 1Article 11, pp. 109 et seq.
Asserting a claim in an international transaction is often complex. If a transaction involves parties from different countries, the venue of dispute resolution will often be in a jurisdiction different from that where enforcement may have to be sought. In such a case, any ruling obtained will have to be recognized by the competent authority of the country where enforcement is sought (known as requested country). Obtaining recognition of a foreign ruling in the Middle East and North Africa is considerably challenging. Despite some progress having been made over the last decade, local courts are still rather reserved towards foreign ruling. In particular, the tendency of local authorities to conduct a full revision au fond under an extensive interpretation of the ordre public exception. This article provides an overview of the regulations in Iraq, Jordan, Lebanon, Syria, and Egypt and formulates some suggestions on strategies of dealing with the challenges posed by the existing regimes.
Rechtliche Rahmenbedingungen und Finanzierungsfragen im Nahen und Mittleren Osten
NUMOV, Frankfurt/MainOctober 4, 2017
Presentation of Dr. Nicolas Bremer
Marktentwicklung, Rahmenbedingungen und Geschäftschancen fürdeutsche Unternehmen in der Lebensmittelindustrie in Tunesien mit Schwerpunkt Maschinen- und Anlagenbau
IHK (Frankfurt/Main)September 28, 2017
Presentation of Dr. Daniel Smyrek
The International Law Office (ILO)
August 23, 2017
published by LexisNexis (2017)
A conversation with Nicolas Bremer of Alexander & Partner Rechtsanwaelte on the Kuwaiti merger control regime outlining the key features of the country's competition regulations as they pertain to merger control. For the full text please access the LexisNexis data base.
DW TV's business magazine "Made in Germany" focuses on the ongoing crisis in the Gulf. Dr. Nicolas Bremer speaks on the economic implications on the sanctions imposed on Qatar.
In an interview with Deutsche Welle TV (DW TV) Dr. Nicolas Bremer speaks about sanctions imposed on Qatar by some Arab Staats and their implications for the Qatari economy and international investors.
American Bar AssociationYear in ReviewSection of International LawVol. 51 (2017)pp. 699 et seq.
In 2016, the Egyptian legislator passed the new Value Added Tax law, which was subsequently published in the Official Gazette and took effect on September 8, 2016. The new VAT Law replaced the current General Sales Tax Law, Law 11/1991 (GST Law) and implemented a comprehensive VAT system in Egypt. This contribution provides an overview of the new legislation and its implications for businesses operating and or trading with Egypt.
American Bar AssociationYear in ReviewSection of International LawVol. 51 (2017)pp. 703 et seq.
In October 2016, the Iraqi legislature issued a new Iraqi Labor Law, Law 37/2015 (New Law), which replaced the old Iraqi Labor Law, Law 71/1987 (Old Law), in its entirety and entered into force on February 7, 2016. The New Law seeks to align Iraqi employment legislation with the standards of the International Labor Organization (ILO). Although the New Law — as the Old Law — was drafted as a piece of federal legislation applying to the whole of Iraq, it remains to be seen whether it will be applied in the Kurdish region in Iraq. In fact, a regional labor law for the Kurdish region has been under review by the Kurdish parliament for some time now. Most notably, the New Law introduced an end-of-service gratuity similar to that existing in other Middle Eastern jurisdictions, provisions of collective labor rights including the right to strike (which was banned in 1987 by the Old Law), and improved protection against discrimination in the workplace. This contribution provides an overview of the new law.Dr. Nicolas Bremer
American Bar AssociationYear in ReviewSection of International LawVol. 51 (2017)pp. 713 et seq.
In late 2015, the United Arab Emirates’ Federal Ministry of Labor (now Federal Ministry of Human Resources and Emiratization) issued three decrees amending certain provisions of the UAE Federal Labor Law, Federal Law 8/1980 (UAE Labor Law): Ministerial Decrees 764/2015,121 765/2015,122 and 766/2015. All three decrees came into effect in January 2016. They introduced a compulsory standard employment agreement (Ministerial Decree No. 764), amended the provisions of the UAE Labor Law concerning termination of employment (Ministerial Decree No. 765), and introduced new conditions for obtaining new work permits (Ministerial Decree No. 766). Furthermore, the Ministry amended some provisions of the Wage Protection System when it passed Ministerial Decree No. 739 in the fall of 2016. In particular, the new decree introduced increased penalties for non-compliance with the provisions of the WPS regulations. This contribution highlights the changes relevant for businesses in the UAE.
published by LexisNexis (2017)
A conversation with Dr. Nicolas Bremer of Alexander & Partner Rechtsanwaelte on the Saudi-Arabian merger control regime outlining the key features of the Kingdom's competition regulations as they pertain to merger control. For the full text, please access the LexisNexis data base.
June 13, 2017
May 29, 2017
May 23, 2017
26 RECIEL (2017)
April 13, 2017
McGill Journal of Dispute Resolution
Volume 3 (2016 - 2017)
December 22, 2016
December 21, 2016
December 19, 2016
INBA International Conference on Law and Policy (November 26, 2016 in New Delhi)
February 11, 2016
25 RECIEL (2016)
Water and Development Congress & Exhibition (October 20, 2015, Dead Sea/Jordan)
Presentation of Nicolas Bremer
GAIR Mitteilungen 2015
Editor: Hatem Elliesie et al.
Citizenship by Investment (CBI)
Alexander & Partner
Arab-German Yearbook 2015
Editor: The Arab-German Chamber of Commerce and Industry
Arab-German Yearbook 2014
Arab-German Yearbook 2013
3. Forum Internationales Recht:Für Unternehmer auf den Punkt gebracht
IHK Ostwestfalen zu BielefeldNovember 26, 2013
Presentation of Oliver Alexander