On June 1st 2023 , the European Parliament adopted in plenary session its position for negotiations with member states on rules to integrate human rights and environmental impact into companies’ governance.
In 2022, the long-feared trend reversal in corporate insolvencies took place in Europe. After the Corona crisis years, in which companies were massively subsidized all over Europe, the reality of the market economy is gradually returning: many companies are not able to cope with the permanent crises in the long run.
This year, CRISTAL GROUP USA is celebrating its 20th anniversary. On this occasion, Jean-François JARD
(Managing Partner for the Americas) looks back over the highlights and turnkey projects that shaped those two decades.
FEBIS Working Group on “Late Payments”, which objective is to increase and share the knowledge on this topic has released a first version about the situation in some countries, not only on legal aspects, but also on the best practices and the impact of late payments in the economy.
In her State of the Union address in September 2022, President von der Leyen announced the revision of Directive 2011/7/EU on combating late payments in commercial transactions. This measure is one of the measures that will be put in place to put an end to the culture of late payments. An essential aspect is the lack of transparency, and the creation of an Observatory is one of the main measures of this project.
Giro d’Italia, Italy’s most prestigious road bicycle race, is set to begin in just a few days: on May 6, the 99th edition of the Giro, one of cycling's Grand Tour races, will begin outside Italy – this
year, in the Netherlands. Beginning May 10th , the Giro will head to Italy, traversing the country from south to north, from Catanzaro in Calabria to Turin in Piedmont, scheduled to be
reached on May 29.