International law firm Osborne Clarke has advised on the sale of the business and certain assets of Railsr (formerly Railsbank) to Embedded Finance Limited. The transaction included Railsr's pioneering embedded finance platform and banking-as-a-service business, as well as a number of subsidiaries in its group, including several of its international...

What is a mass redundancy? A mass redundancy occurs when an employer dismisses many employees of the establishment within a certain period. Mass redundancies are often a reaction to economic challenges, restructuring or business closures. If the threshold is exceeded (see below), employers must comply with a specific mass redundancy...

Following a vote in the European Parliament on 2 February, a new European Union directive seems likely to be adopted in the next year or so. Under the current draft of the directive many self-employed contractors and gig workers in Europe engaged via staffing companies and employers-of-record (EOR)/agents-of-record (AOR), as...

The amendment to the Labour Code, which introduces remote working and sobriety control into the Polish legal order, was passed and published in the Journal of Laws on 6 February 2023. The new regulations will enter into force in two stages. First, the regulations on sobriety checks will become effective...

The Supreme Court has dismissed Professional Game Match Officials Limited's (PGMOL) appeal against HMRC relating to whether part-time football referees were its employees for tax purposes. The judgment given on 16 September will have widescale implications for the classification of tax status of any self-employed worker in the UK who...

Osborne Clarke advised ITELYUM - a leading national group in the circular economy and international player in the management, recycling and valorisation of industrial waste, controlled by Stirling Square Capital Partners LLP with the participation of Deutsche Beteiligungs AG - in the context of its internationalisation policy, through the acquisition...

Allgeier SE and US-headquartered Ciber, Inc. combine their activities in the German market for SAP Consulting Services and SAP Managed Services. To this end, Allgeier Enterprise Services AG acquires Ciber´s German companies, namely Ciber AG and Ciber Managed Services GmbH. In addition, French Ciber France SAS, and major parts of...

The European Committee of Social Rights (ECSR), a body under the Council of Europe, in a recent decision has stated that the Spanish rules on severance pay do not comply with the requirements of Article 24(b) of the European Social Charter. The committee considers that the compensation ceilings established for...