Dear Friends and Colleagues,Welcome to the first issue of the new ADVANT International Briefing. What began as a newsletter led by ADVANT Beiten has evolved into an even more alliance-wide publication, bringing together the knowledge, experience and perspectives of lawyers across all ADVANT member
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Dear Friends and Colleagues,


Welcome to the first issue of the new ADVANT International Briefing. What began as a newsletter led by ADVANT Beiten has evolved into an even more alliance-wide publication, bringing together the knowledge, experience and perspectives of lawyers across all ADVANT member firms.


By combining insights from multiple jurisdictions, we aim to provide a comprehensive view of the legal and business developments affecting companies operating across Europe and beyond.


In this edition, we explore the impact of AI in the workplace, discuss the challenges surrounding the proposed EU Inc., and examine other notable developments from across our jurisdictions. We also look ahead to upcoming international events and share highlights from recent ADVANT mandates and transactions.


Thank you for joining us on this journey. We are delighted to share this broader ADVANT perspective with you.


Kind regards,


Your ADVANT International Briefing Team


 

 

 

 

TOPICS


Impact of AI in the Workplace


A single market needs a single corporate law. Building European corporate law for competitiveness


Cross-border shareholders loans and insolvency: the CJEU Clarifies the limits of choice of law defences


New law: directive on repair of goods also applies to importers!


Unsold consumer products: the EU framework for derogations to the destruction ban


EU Commission creates new category for companies: SMCS (Small Mid-Caps)


EU-US tariff agreement: the new regulations and their safeguard architecture


RECENT DEALS


RECENT & UPCOMING EVENTS

Impact of AI in the Workplace


AI is already affecting employment levels across Europe – and labour law is catching up fast. ADVANT experts examine how Germany, France and Italy are addressing the legal consequences of AI-driven workforce reductions, from individual dismissals to collective redundancy procedures.


Mickaël d'Allende, ADVANT Altana

Markus Künzel, ADVANT Beiten

Patrizio Bernardo, ADVANT Nctm


WATCH THE FULL VIDEO

 

A single market needs a single corporate law. Building European corporate law for competitiveness


The Position Paper analyses the proposal for a Regulation establishing the European Company (EU Inc.), an initiative of central importance in the European corporate law landscape. The proposal seeks to introduce a uniform European corporate regime aimed at supporting innovation, facilitating access to capital and enhancing the competitiveness of undertakings. The analysis is placed within the framework of the priorities set out in the Letta and Draghi reports and of the agenda on the Savings and Investment Union, highlighting how corporate law today performs a function that is no longer confined to normative harmonisation, but extends to that of an instrument of economic and industrial policy. Assonime supports the Commission’s initiative, identifying in the fragmentation of national laws a decisive obstacle to the integration of capital markets. The document sets out five guiding principles for the success of EU Inc.: (i) autonomy of the European regime vis-à-vis national laws; (ii) enhancement of statutory autonomy and freedom of contract; (iii) universal accessibility, irrespective of the size, sector or life-cycle stage of the undertaking; (iv) full recognition of the instruments typical of venture capital for start-ups and scale-ups; (v) creation of a uniform enforcement system, based on specialised jurisdictions, judicial training and recourse to arbitration.


Francesca Rogai, ADVANT Nctm

Davide De Fazio, ADVANT Nctm


READ THE FULL ARTICLE

 

Cross-border shareholders loans and insolvency: the CJEU Clarifies the limits of choice of law defences


By its judgment in Case C-43/25 of 19 March 2026, the Court of Justice of the European Union clarified the scope of Article 13 of Regulation No. 1346/2000 on insolvency proceedings. The case concerned two companies belonging to the same group - SML (Austria) and MAPLAN (Germany, subject to insolvency proceedings) - and the recovery of repayments of intra-group loans characterised by the insolvency administrator as payments on subordinated claims under German law. SML had invoked the applicability of Austrian law, as the law governing the financing agreements, in order to resist the recovery claim.

The Court held that Article 13 cannot be relied upon by the recipient of repayments of shareholder loans detrimental to the insolvency estate where the recovery action seeks to enforce the ranking of claims prescribed by the lex concursus. The principle has significant implications for cross-border intra-group financing: the rules on subordination of shareholder loans laid down by the insolvency law of the State of the opening of proceedings cannot be circumvented through the choice of a foreign law as the law governing the contract.


Francesca Rogai, ADVANT Nctm

Ada Cicatiello, ADVANT Nctm


READ THE FULL ARTICLE

 

New law: directive on repair of goods also applies to importers!


Directive (EU) 2024/1799 on the repair of goods, in force since 30 July 2024, introduces a new consumer right to have defective products repaired, to be transposed by Member States by 31 July 2026. The obligation applies irrespective of the product’s origin and independently of the seller’s contractual liability under statutory warranty rules, extending also to damage caused by the consumer. The Directive establishes a tiered liability system: the manufacturer is primarily responsible; where established outside the Union, its authorized representative must comply; failing that, the importer, and, in exceptional cases, the distributor. Each obligated party may subcontract repair services and must provide clear, accessible and free information on such services, which will also be discoverable through a new European Repair Platform expected to be operational in 2027. The obligation covers the product categories identified under the Ecodesign Directive 2009/125, including household appliances, electronic displays, mobile phones and tablets, and goods containing batteries for light vehicles. Importers commercializing such products in the EU should therefore factor these repair obligations into their business case.


Rainer Bierwagen, ADVANT Beiten

Angelika Kapfer, ADVANT Beiten

Oliver Korte, ADVANT Beiten


READ THE FULL ARTICLE

 

Unsold consumer products: the EU framework for derogations to the destruction ban


Delegated Regulation (EU) 2026/296, published in the Official Journal of the European Union of 26 June 2026, supplements Regulation (EU) 2024/1781 by setting out the derogations from the prohibition on the destruction of unsold consumer products. The act seeks to ensure the effective application of the prohibition, avoiding distortive effects and enabling operators to manage exceptional situations in a proportionate manner, in line with sustainability objectives. Destruction is permitted only in specific circumstances, including product hazardousness, regulatory non-compliance, infringement of intellectual property rights, contractual restrictions, technical impossibility of reuse, non-repairable damage or defects, refusal of donations, or absence of eligible recipients. The Regulation further lays down specific documentation obligations, to be complied with within 30 days, in order to ensure the traceability and verifiability of the derogations relied upon. The provisions apply from 19 July 2026.


Luca Cavagnaro, ADVANT Nctm

Maria Stella Maisano, ADVANT Nctm


READ THE FULL ARTICLE

 

EU Commission creates new category for companies: SMCS (Small Mid-Caps)


The Omnibus Package IV, published by the European Commission on 21 May 2025, introduces a new category of undertakings positioned between traditional SMEs and large companies: the Small Mid-Cap Enterprises (SMCs). An undertaking qualifies as an SMC where it employs between 250 and 749 persons and either generates an annual turnover between Euro 50 million and Euro 150 million or has a balance sheet total between Euro 43 million and Euro 129 million. The new definition is to be incorporated into several EU instruments to provide targeted relief to mid-sized companies: under the GDPR, the exemption from the obligation to keep records of processing activities is to be extended to SMCs and confined to particularly risky processing; under the Prospectus Regulation, a simplified EU Growth Issuance Prospectus is envisaged, easing corporate actions and IPOs; further tailored measures concern the Batteries Regulation, the basic Anti-Dumping and Anti-Subsidy Regulations and the F-gas Regulation. The initiative pursues the Commission’s objective of reducing the administrative burden on companies by an average of 25%, and by up to 35% for mid-sized undertakings, thereby improving competitive conditions and capital market access, subject to the outcome of the ongoing legislative process before the European Parliament.


Julius Bauer, ADVANT Beiten

Gerhard Manz, ADVANT Beiten


READ THE FULL ARTICLE

 

EU-US tariff agreement: the new regulations and their safeguard architecture


The European Council has adopted two regulations implementing the tariff commitments set out in the EU-US Joint Statement of 21 August 2025, completing the legislative process and strengthening the stability of transatlantic trade relations. The measures eliminate the remaining EU duties on US industrial goods, introduce preferential access for specific fishery and agricultural products through tariff quotas and reduced duties, and extend the suspension of duties on lobster, including processed lobster. The regulations also provide for enhanced safeguard and suspension mechanisms, allowing the Commission to intervene swiftly in the event of import surges or of non-compliance with the commitments on the part of the United States. The main regulation will expire at the end of 2029, while the lobster regulation will apply retroactively from 1 August 2025 until 31 July 2030.


Filippo Di Peio, ADVANT Nctm

Ada Cicatiello, ADVANT Nctm


READ THE FULL ARTICLE

 

Recent Deals


ADVANT Altana advised Cegid on the sale of the Assurex software business to KAPIA-RGI


ADVANT Altana Advised Sopra Steria on its Acquisition of Digital Product Simulation


ADVANT Altana advised Ginger CEBTP in connection with its acquisition of A-Corros


ADVANT Beiten Advises Ningbo Cixing on the acquisition of selected STOLL assets from KARL MAYER


ADVANT Beiten Advises Banyan Software on the Acquisition of tec4U-Solutions GmbH


ADVANT Beiten Advises FOGTEC Shareholders on the Sale of a majority stake to DPE


ADVANT Beiten Advises CATL on one of Germany’s largest battery energy storage systems


ADVANT Beiten and ADVANT Nctm advise JLL Partners on the acquisition of Life Couriers

 

Recent & Upcoming Events

In September 2026 Géraldine Malfait, Laura Morelli Schittenhelm (both ADVANT Altana), Sebastian Diehl, Christian Burmeister (both ADVANT Beiten), as well as Fabio Pizzoccheri and Natali Prodan Milic (both ADVANT Nctm) joined the community of in-house legal professionals from across Europe at the Crafty Fest Europe in Amsterdam. 


Reflecting on the event, Sebastian Diehl emphasized the importance of engaging directly with in-house counsel to better understand the challenges they face and how law firms can support them.

 


In October 2026 ADVANT's international team has attended the legal community’s biggest global event, the International Bar Association (IBA) Annual Conference in Copenhagen. Those were six days of meeting colleagues and friends from all over the world, making new contacts and exploring potential for joint business opportunities.


Our attendees:

Angelo Anglani

Partner

Litigation/Arbitration


ADVANT Nctm 

Rome

Jacopo Arnaboldi

Partner

Corporate/M&A/

Private Equity

ADVANT Nctm 

Milan

Raffaele Caldarone

Partner

Corporate/M&A


ADVANT Nctm

Milan

Luca Cavagnaro

Partner

Corporate/

Commercial

ADVANT Nctm

Milan

Gilles Gaillard

Partner

Corporate/M&A/

Insurance

ADVANT Altana

Paris

Mario Giambò

Partner

Corporate/M&A/

Private Equity

ADVANT Nctm

Milan

Marie Hindré

Partner

Antitrust/

Competition/FDI

ADVANT Altana

Paris

Oliver Korte

Partner

Litigation/Arbitration


ADVANT Beiten

Hamburg

Federico Manili

Partner

Corporate/M&A/

Private Equity

ADVANT Nctm

Rome


Gerhard Manz

Of Counsel

Corporate/M&A/

Life Sciences

ADVANT Beiten

Freiburg

Barbara Mayer

Partner

Corporate/M&A/

Life Sciences

ADVANT Beiten

Freiburg

Michele Motta

Partner

Corporate/M&A/
Private Equity

ADVANT Nctm

Milan

François Muller

Partner

Arbitration


ADVANT Altana

Paris

Martin Rappert

Partner

Corporate/M&A


ADVANT Beiten

Dusseldorf

Riccardo Sallustio

Partner

Banking/Finance


ADVANT Nctm

Milan

Jean-Nicolas Soret

Partner

Corporate/M&A


ADVANT Altana

Paris

Filippo Ughi

Partner

Corporate/M&A/

Private Equity

ADVANT Nctm

Milan

Gökce Uzar Schüller

Partner

Litigation/Arbitration


ADVANT Beiten

Frankfurt

Hans-Josef Vogel

Partner

Corporate/M&A


ADVANT Beiten

Dusseldorf






 

We look forward to exchanging insights with you at future events!


IBA Private Equity Transactions 2026

(10 November 2026, London)


The IBA Private Equity Transactions Symposium 2026 brings together industry practitioners to discuss key develop-ments in the global private equity market. This year the symposium will also start M&A Cafe, an interactive roundtable networking session. Participating Sebastian Diehl (ADVANT Beiten)


Young Lawyers Private Equity Forum 2026

(10 November 2026, London)


The forum is designed to bridge the gap between young practitioners and seasoned industry experts. Participating Christian Burmeister (ADVANT Beiten)


IBA European Corporate and Private M&A Conference

(4 – 5 February 2027, Paris)


The event brings together legal professionals, corporate advisers, and M&A experts from across Europe to explore the latest trends, developments, and challenges shaping the corporate and private M&A landscape.


IBA Mergers and Acquisitions in the Technology Sector Conference (9 – 10 March 2027, Amsterdam)


The conference brings together leading M&A, corporate, and technology law professionals to discuss the latest legal, regulatory, and transactional developments shaping mergers and acquisitions in the technology sector. Participating Tassilo Klesen (ADVANT Beiten)


IBA Global Entrepreneurship Conference

(23 – 25 May 2027, Berlin)


The conference explores the legal, structural, and strategic landscape for startups, closely held businesses, family enterprises, and venture capital.

 

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