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Leite Tosto e Barros Advogados | Brazil | 3 May 2022

How to charge interest in lease renewal lawsuits according to STJ

In late December 2021, Brazil's Supreme Court of Justice decided on the initial date of interest for leases set up in renewal lawsuits. The decision will help to protect any lessee (and even the lessor, to a certain extent) that is about to file for renewal. It establishes a safe and clear standard and allows for suitable risk management relating to the lawsuit.

Macfarlanes LLP | United Kingdom | 21 Oct 2021

Policy in practice episode 2: Budget predictions

In this podcast David Gauke and Rhiannon Kinghall Were talk to Gavin Haran about the forthcoming Spending Review and Budget. In the discussion they…
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Walkers | Ireland | 12 Oct 2021

Ireland | Budget 2022 - ATAD Update

The Minister for Finance confirmed today that Ireland will complete its transposition of the EU Anti-Tax Avoidance Directives (ATAD) through the…
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Herbert Smith Freehills LLP | United Kingdom | 1 Oct 2021

Court of Appeal confirms claims seeking remediation for damage to land allegedly caused by oil spill cannot proceed as representative action under CPR 19.6

The Court of Appeal has dismissed an appeal against a High Court decision striking out the representative element of claims arising from an oil spill…
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Lexology PRO | European Union | 29 Jun 2021

EU lowers HSBC fine in readopted Euribor decision

The European Commission has readopted two Euro Interest Rate Derivatives cartel decisions, including reducing a fine on HSBC by nearly €2 million after the General Court annulled the agency’s original sanction in 2019.
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Cordato Partners | Australia | 2 Jun 2021

Court asks ASIC to investigate avoidance of the National Credit Code, cuts interest rate on loan from 69.588% to 4.1% pa

The National Credit Code protects a borrower if they are a natural person and if the loan is 'to purchase, renovate or improve residential property'…
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ILAWASIA | Thailand | 21 Apr 2021

An Emergency Decree Amended Interest Rate in Thailand

On April 10, 2021, New Emergency Decree which amended the Civil and Commercial Code on the reduction of default interest rates has been published in…
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Squire Patton Boggs | Poland | 24 Apr 2020

A Side Effect of COVID-19:Maximum Interest Rate in Poland is Slashed to 8%

As of April 9, 2020, the maximum interest rate that may be charged in Poland is 8% per annum. How did…
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Skadden Arps Slate Meagher & Flom LLP | France | 9 Apr 2020

Distribution of Dividends and Corporate Interest by French Companies During the COVID-19 Pandemic

French companies’ annual general shareholders’ meetings season usually begins in mid-March and ends in June. The agendas typically include approving…
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Ogier | Luxembourg | 31 Mar 2020

Luxembourg government issues a new draft law on limitation of interest and royalty payments to non-cooperative jurisdictions

On 30 March 2020, the Luxembourg government issued a draft law (the "Draft Law"), which should be applicable as of 1 January 2021, introducing new…
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