Right at the end of 2020, the European Commission published its much-awaited digital regulation proposal – the proposal for the Digital Services Act (“DSA”) and the proposal for the Digital Market Act (“DMA”). The new proposal is intended to modernise the EU E-Commerce Directive, which has been in force for over 20 years. If adopted, the proposal will likely have a wide-ranging impact on digital service providers. Find out what to expect in our summary below and have your voice heard by providing feedback to the European Commission on both the DSA and the DMA by the 15 February 2021.
The 2007 Lugano Convention on the Recognition and Enforcement of Judgments in Civil and Commercial Matters governs the jurisdiction and reciprocal enforcement of judgments in civil and commercial matters between the member states of the European Union (EU) and three countries of the European Free Trade Association (EFTA) (Iceland, Norway and Switzerland). The Lugano Convention is in essence the equivalent of the 2001 Brussels I Regulation which applies between EU member states only.
When you have an idea for a product or start-up ready for execution, but you do not feel like you want to start a business on your own or you simply do not have the necessary funds to do so, you might be looking for co-founders or investors. When doing so, you do not want someone else to learn of your idea and then take it and use it themselves. Therefore, it is important to keep the circle of people you tell about your projects small in the beginning. It is also important to protect the information that you share. In this context, a non-disclosure agreement ("NDA") often comes into play.
As 2020 comes to an end FRORIEP looks forward to 2021 and wonders what it holds. Listen to our specialists from across our offices in London, Zurich, Madrid, Geneva and Zug talking about what they see on FRORIEP’s horizon, what they look forward to and what legal questions they hope will be clarified in the coming year.
Swiss law does not provide for a so-called “social enterprise” legal form. Thus, social entrepreneurs can choose various legal forms (corporation, cooperative, foundation, association) or consider using a hybrid structure with two independent entities to combine both a social welfare model that guides its mission of impact (the non-profit organisation) and a revenue generation model (the for profit entity) that guides its commercial activities.