The US presidential election could – judging from the statements in President-elect Trump’s election campaign – have far-reaching effects also for European companies. According to the new President’s election campaign, his political priorities include, on the one hand, the dismantling of the Joint Comprehensive Deal of Action (JCPOA) with Iran which he has called a “disaster” and, on the other hand, a substantial increase of tariffs on imports in order to promote the US economy.read more
BLOMSTEIN organised Focus Day IT Procurement on Public Procurement Law Conference "Brennpunkt Vergaberecht!"
From 8 to 10 November 2016, the 20th annual EUROFORUM Conference on Public Procurement Law “Brennpunkt Vergaberecht!” took place in Düsseldorf. The conference focused on the current reform of EU/German public procurement law and its effects on public procurement in practice. Renowned experts from industry, administration, judiciary and law firms gathered to share their views on the reform and discuss topics of high practical relevance.read more
Last week the business press reported on difficulties in the planned purchase of German companies by Chinese investors. Pursuant to the reports, the German Federal Ministry for Economic Affairs and Energy revoked the initially granted certificate of non-objection for the acquisition of Aixtron. Moreover, the Ministry apparently also denied to issue a certificate of non-objection for the acquisition of Osram’s lamp division Ledvance.read more
The European Court of Justice (ECJ) has recently emphasised the importance of the general principles of EU law – in particular the principle of proportionality – for the interpretation of the excise duty directives. The fact-based and flexible interpretation is a welcome development and should lead to a limitation of the overly formal interpretation of excise duty legislation in many EU member states, based on a proper assessment of individual cases.read more
Legal Media Group’s Expert Guides recognizes two BLOMSTEIN partners as rising stars. Roland Stein (for International Trade), for the second consecutive time, and Max Klasse (for Competition and Antitrust) have been named “Rising Stars” in the 2016 edition of the Guide to Leading Attorneys – Expert Guides.read more
In spite of adverse publicity on Iranian nuclear procurement activities and the Iranian rocket program in the last couple of days, a snap back of the lifted sanctions against Iran is currently not pending.read more