COBALT recently advised a major ticket service provider in Latvia- Bilesu Serviss in implementing management changes. The advice included preparation of all documents necessary for the process (corporate and employment law related) and participation in negotiations with former management of the company and discussions and preparation of the settlement terms and conditions.
In privately held companies, equity compensation – the granting of stock options, restricted stock, and other instruments tied to future compensation – offers a tremendous advantage in attracting and retaining talented employees. However, thanks to myriad laws and regulations around the world, equity compensation is also one of the most difficult challenges that spans finance, legal, tax, and HR disciplines.
For private companies, those challenges can be more acute because they create a disproportionate burden […]
Austria, located in the heart of Central Europe, with a population of approximately 8.4 million people, is considered by many to be the ideal place for international employers to do business. It is one of the wealthiest, most politically stable and business friendly countries in Europe with booming markets and transparent laws. It is neighbored by the Czech Republic, Germany, Hungary, Italy, Liechtenstein, Slovakia, Slovenia and Switzerland and has nine (9) independent federal states: […]