21 April 2020
Innovation lifeline: UK Government announces £1 billion support package for start-ups struggling amidst the Coronavirus pandemic
www.twobirds.com/en/news/articles/2020/uk/innovation-lifeline-uk-government-announces-1-billion-support-package-for-start-ups

Yesterday (20 April 2020) the UK Government announced a scheme pledging £1 billion worth of support for start-ups struggling amidst the Coronavirus pandemic who are likely to be ineligible for the Government's emergency ...

10 August 2020
Bird & Bird LLP's Equity Capital Markets team successfully close numerous deals in Q2 2020
www.twobirds.com/en/news/press-releases/2020/global/bird-and-bird-llps-equity-capital-markets-team-successfully-close-numerous-deals-in-q2-2020

Our Equity Capital Markets Team has completed a number of deals this Quarter, across a wide variety of sectors.

15 April 2020
Italian law decree No. 23/2020 ("Decreto Liquidità"), New provisions involving certain aspects of business law
www.twobirds.com/en/news/articles/2020/italy/covid19-decreto-liquidita---diritto-societario

On 9 April 2020, following regular publication on the Italian Official Gazette, Italian law decree No. 23/2020 (the "Decree") came into force with immediate effect. The Decree's provisions aim at facing, by means of ...

22 April 2020
Ban on companies’ payment of dividends or completion of share buy-backs if they receive more than DKK 60 million in compensation
www.twobirds.com/en/news/articles/2020/denmark/covid-19-forbud-mod-at-udbetale-udbytte

The Government and all the parties in the Danish Parliament have agreed to adjust and extend the economic aid packages to the Danish economy. The changes entail a limitation on companies’ ability to pay dividends or to ...

21 April 2020
COVID-19 - Management without Supervision?
www.twobirds.com/en/news/articles/2020/germany/covid-19--management-ohne-aufsicht

Supervisory boards as well as the management boards of stock corporations and managing directors of limited liability companies - can presence meetings be replaced by video conferences and how?

14 July 2020
The EU Court of Justice provides guidance for the antitrust assessment of "pay-for-delay" agreements in the pharmaceutical sector.
www.twobirds.com/en/news/articles/2020/global/the-eu-court-of-justice-provides-guidance-for-the-antitrust

The Court of Justice provided guidance for the antitrust assessment of agreements between competitors in the pharmaceutical sector. The Court's judgment is relevant because it addresses fundamental issues that have been ...

18 August 2020
UK – Merger thresholds for mergers in critical sectors revised
www.twobirds.com/en/news/articles/2020/uk/merger-thresholds-for-mergers-in-critical-sectors-revised

The UK government has given the Competition and Markets Authority (CMA) further powers to review mergers in strategically important sectors. These steps include making changes to the Enterprise Act 2002 to provide the ...

15 June 2020
Commission seeks views on 'gatekeeper' platforms and a new competition tool
www.twobirds.com/en/news/articles/2020/global/commission-seeks-views-on-gatekeeper-platforms-and-a-new-competition-tool

On 2 June, the Commission launched a public consultation on its forthcoming Digital Services Act plus a New Competition Tool and is requesting feedback on roadmaps including one on ex ante regulatory instruments for ...

16 April 2020
COVID-19 emergency measures: the expansion of 'golden power' review on foreign direct investments
www.twobirds.com/en/news/articles/2020/italy/covid19-decreto-liquidita---golden-power

Law Decree No. 23 of 8 April 2020 - published in the Official Gazette on 8 April 2020 and entered into force on 9 April 2020 (the "Decreto Liquidità") - introduced, among other measures, a series of provisions that ...

17 November 2020
European industrial policy vs. European competition law: state of play 18 months after the Siemens-Alstom decision
www.twobirds.com/en/news/articles/2020/global/european-industrial-policy-vs-european-competition-law-state

The European Commission's decision to block the Siemens-Alstom mega-merger in February 2019 provoked the anger of the French and German governments that had backed the deal. Eighteen months after this decision and an ...