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  • International News: Spotlight on Innovation - Issue 60

    Innovation fuels business growth and ushers in success, yet it brings its own set of challenges. In our latest issue, we explore innovative products and processes including: - The EU’s new Unified Patent Court simplifying patent protection with a single application process, a significant leap from the previous system’s complexity. - Custom new financial instruments, like junior capital and revenue-based financing, catering to the unique needs of startups and expanding businesses. - The recent EU Artificial Intelligence Act introducing a stringent regulatory framework for AI, with substantial implications for innovation in the health and life sciences sectors. - Advisors in the legal field harnessing new technology to provide bespoke technological solutions that yield considerable savings in time and money.

  • EU and Euratom to Withdraw From the Energy Charter Treaty: The End of an Era?

    The EU and Euratom will withdraw from the Energy Charter Treaty with Member States to support modernisation in the future. The European Council has adopted four decisions, confirming that the EU and Euratom will leave the Energy Charter Treaty (ECT), while permitting any EU Member States still remaining as Contracting Parties to vote in favour of modernisation at the next Energy Charter Conference.

  • Sanctions Update: EU Takes Step to Harmonise Criminal Penalties for Breaches of EU Sanctions

    The new Directive (EU) 2024/1226 defines criminal offences and penalties for breaches of EU sanctions. This Client Alert summarises key provisions and implications for businesses. This Client Alert is published in the context of ongoing developments and should be read in conjunction with Latham’s previous sanctions updates. This Client Alert is not intended to take the form of official legal advice. Given the frequency with which different jurisdictions impose new sanctions, and the detailed and nuanced nature of the sanctions updates, businesses exposed to sanctions-related developments should obtain up-to-date legal advice before taking any steps that may have legal consequences.

  • EU AI Act: Navigating a Brave New World

    After three years of legislative debate, the Council of the European Union cast its final vote on the European Union (EU) Artificial Intelligence (AI) Act on 21 May 2024. Once published in the EU Official Journal in June, the EU AI Act will become the first set of AI regulations that has undergone a full legislative approval process.

  • EU Emergency Response Update – Key Policy & Regulatory Developments No. 113

    This regular alert covers key regulatory developments related to EU emergency responses, including in particular to Russia’s war of aggression against Ukraine, COVID-19, and cyber threats. It does not purport to provide an exhaustive overview of developments.

  • Sanctions Update: EU Tightens Restrictions on Professional Services and Business-Critical Software for Russia

    The EU’s 12th and 13th “packages” of sanctions on Russia cancel a significant exemption, ban the provision of certain software systems, and impose multiple other measures. This Client Alert is published in the context of ongoing developments and should be read in conjunction with Latham’s previous sanctions updates. This Client Alert is not intended to take the form of official legal advice. Given the frequency with which different jurisdictions impose new sanctions on Russia and the detailed and nuanced nature of the sanctions updates, businesses exposed to sanctions-related developments in Russia should obtain up-to-date legal advice before taking any steps that may have legal consequences.

  • Constructing the low-carbon economy

    With an unprecedented momentum for the construction of new major projects linked to the shift away from fossil fuels and the development of a low-carbon economy, there is a real focus on construction law issues relevant to such projects - The widespread recognition of the urgent need to transition away from fossil fuels in energy systems, combined with a drive to decarbonize hard-to-abate industries, corporate and geopolitical tussles for supply chain security and market share for new green technologies, as well as various regulatory incentives and trade barriers, are collectively building unprecedented momentum for the investment in and construction of new major projects.

  • 10 Things You Should Know About the EU Artificial Intelligence Act

    The Artificial Intelligence Act (AI Act) is the first comprehensive legislation that intends to regulate AI horizontally across all sectors in Europe. It will have far reaching consequences on all companies developing, implementing, or using AI solutions in the EU and beyond. These FAQs provide key information you should know before the AI Act is adopted, and some tips on what you can already be doing to prepare.

  • AIFMD II: Timeline to Implementation

    In March, the Council of the European Union published the Alternative Investment Fund Managers Directive (AIFMD II), aimed at harmonising the rules on delegation, reporting and liquidity management, together with bringing in a new framework for loan origination funds.

  • European Court of Human Rights Delivers Three Landmark Rulings on Climate Change

    For the first time, the Court has confirmed that the adverse impacts of climate change fall within the ambit of human rights protection under the European Convention of Human Rights, obliging States to implement effective mitigation measures. On 9 April 2024, the European Court of Human Rights delivered three Grand Chamber rulings in climate change-related cases. These three separate judgments are the latest in a number of climate litigation in recent years. While two of the cases were dismissed as inadmissible on varying grounds, the Court concluded that Switzerland had breached Article 8 of the European Convention of Human Rights (ECHR) by failing to implement effective measures to combat climate change. This development is highly likely to lead to similar challenges to governments’ climate policies in the near future, and likely influence the litigation strategy of those bringing actions against both States and companies.

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