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11/05/2020
AI in Life Sci­ences
Ar­ti­fi­cial in­tel­li­gence is not new: the term it­self was coined over 60 years ago. However, the con­ver­gence of data volume, pro­cessing power and tech­nic­al cap­ab­il­ity has con­vinced many that the AI era...
14/04/2020
CMS Guide to Real Es­tate Trans­ac­tion Costs and Taxes in Europe
Com­par­ing real es­tate in­vest­ment val­ues across Europe provides only part of the pic­ture. For a true com­par­is­on, the in­vestor will also take ac­count of trans­ac­tion costs and taxes, which can dif­fer widely...
18/11/2019
CMS Pub­lic Pro­cure­ment Tool­box of Rem­ed­ies
Pub­lic pro­cure­ment is the largest single glob­al mar­ket­place, ac­count­ing for around one-fifth of world­wide GDP. In this in­creas­ingly in­ter­na­tion­al mar­ket­place, com­pan­ies need to have con­fid­ence that pub­lic...
21/11/2018
Con­nec­ted Fu­ture
Tech­no­logy-driv­en trans­form­a­tions are not only dis­rupt­ing our every­day lives but are also rad­ic­ally trans­form­ing the in­fra­struc­ture sec­tor. On the one hand, in­nov­a­tion is driv­ing an up­grade of ex­ist­ing...
26/02/2018
CMS Guide to Pen­sions
CMS Em­ploy­ment Prac­tice Area Group is pleased to present the fourth edi­tion of the Guide to Pen­sions. Our aim has been to provide an over­view of the key leg­al re­quire­ments re­lat­ing to pen­sion pro­vi­sion...
20/11/2017
CMS Private Place­ment Guide
Private place­ments con­sist of me­di­um to long-term ne­go­ti­ated fin­an­cings between com­pan­ies and a lim­ited num­ber of in­sti­tu­tion­al in­vestors. They of­fer strong busi­ness op­por­tun­it­ies with smal­ler and lar­ger...
06/11/2017
Cap­it­al Mar­kets Uni­on – how will it help SME fund­ing?
The Cap­it­al Mar­kets Uni­on pro­ject was an­nounced in Ju­ly 2014 by EU Com­mis­sion Pres­id­ent Jun­ck­er and it seeks to re­move bar­ri­ers to the free flow of cap­it­al in Europe, and in­crease the role that mar­ket-based...
04/10/2017
CMS European Real Es­tate Deal Point Study 2017
The European in­vest­ment mar­ket con­tin­ued to per­form well after the pre­vi­ous re­cord-break­ing years. In 2016, total in­vest­ment volume was around EUR 230bn, less than 10% be­low the re­cord amount of the...
19/06/2017
Guide to the EU pub­lic pro­cure­ment rules
This Guide provides an over­view of the EU pub­lic pro­cure­ment rules. These are the set of EU rules that re­quire the ad­vert­ising and com­pet­it­ive ten­der­ing of con­tracts for works, goods or ser­vices by pub­lic...
16/05/2017
Prob­lems ap­ply­ing tax treat­ies in Africa
The judge­ment of the Bor­deaux Ad­min­is­trat­ive Court of Ap­peal on 13 Decem­ber 2016 high­lights the harm res­ult­ing when tax is with­held at the source in con­tra­ven­tion of the pro­vi­sions of tax treat­ies. And...
09/05/2017
Busi­ness Im­plic­a­tions of Brexit
The United King­dom has triggered Art­icle 50 to leave the European Uni­on, rais­ing more and more ques­tions about busi­nesses and in­di­vidu­als both in the UK and in the EU. With the OECD’s Base Erosion and...
24/04/2017
CMS Guide to Man­dat­ory Of­fers and Squeeze-outs
This Guide provides an over­view of the cur­rent leg­al frame­work and prac­tice gov­ern­ing pub­lic takeovers and squeeze-outs in a total of 26 jur­is­dic­tions (18 EU Mem­ber States, Al­bania, Bos­nia-Herzegov­ina...