Until now, foreign companies operating in Spain through a permanent establishment were obliged to appoint a tax representative resident in Spanish territory for the purposes of Non-Resident Income Tax (NRIT). Law 11/2021, of 9 July, on measures to prevent and combat tax fraud, which came into force on 11th July 2021, has removed this obligation for companies resident in the European Union or in a European Economic Area country with which mutual assistance regulations exist.

Discussions and deliberations on the establishment of a European Court of Justice for the settlement of investment disputes have come to the fore since the – ultimately failed – negotiations between the European Union and the USA on the TTIP free trade agreement. The focus of the criticism was the dispute resolution mechanism, since it would only benefit large international corporations that would exploit countries, their population and the environment; there was talk of a parallel justice system. But is that really true? Why is there any investment protection through arbitration at all? And why (and what) does the European Union now plan for settling investment disputes?

In keeping with our good and longstanding cooperation with the University of Warsaw, Schindhelm has given a lecture on the topic of “Energy market liberalization between the EU and China” in the conference “Between China and Europe - Energy for Future Earth” organized and hosted by Warsaw-Beijing-Forum on April 11^th, 2021.

As of 1 April 2021 Kancelaria Prawna Schampera, Dubis, Zając i Wspólnicy was transformed into a general partnership (pl. spółka jawna).

Therefore, as of 1 April 2021, the partnership operates under the name Kancelaria Prawna Schampera, Dubis, Zając i Wspólnicy sp. j.

The Restructuring and Insolvency Directive Implementation Act (RIRL-UG) has now been passed by the National Council for the domestic implementation of Directive (EU) 2019/1023 of the European Parliament and of the Council of June 20, 2019. The Restructuring Regulation (ReO) contained in the RIRL-UG provides for a judicial restructuring procedure and will come into force together with accompanying amendments to the Insolvency Regulation (IO) - in time for the expiry of the implementation period specified by the EU - on July 17, 2021.

With the adoption of the LXIV law from 2021, the Hungarian Parliament implemented the EU Directive on the preventive restructuring framework (2019/1023) on 3 June in the Hungarian legal system and introduced the restructuring procedure. The most important economic policy objective of the policy is to address financial difficulties of companies at an early stage, promote their restructuring and restore their solvency. This is not an insolvency proceeding, but a new pre-insolvency proceeding.