Date: 13.12.2017

Article 29 Working Party - November 2017 Plenary Meeting

The Article 29 Working Party (“WP 29”) has called upon the EU Commission to restart discussions with the U.S. authorities in order to address the concerns by the WP 29 towards Privacy Shield (see attached press release). These concerns need to be resolved by 25 May 2018. If not, the WP 29 will take appropriate action, including bringing the Privacy Shield Adequacy decision to national courts for them to make a reference to the CJEU for a preliminary ruling.

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Date: 22.09.2017

Update: New Requirements for Outsourcing Contracts Relating to Professional Secrets

Click here to read to update of the Newsletter.

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Date: 18.09.2017

Biotech-IPOs on the Nasdaq

An IPO on the Nasdaq is usually structured as an indirect IPO via an intermediate foreign holding. Particular attention must be paid to avoid tax disadvantages when setting up such a structure.

Dr. Henning Bloss has published an article on this subject in the annual Life Sciences issue "Biotechnology 2017" on page 106f. The link to the article can be found here.

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