The Week That Was: November 30, 2009 to December 6, 2009

by My Corporate Resource, December 7, 2009.

We think that what lawyers and law firms choose to write about is a good proxy for what is important to their corporate clients. So what were law firms writing about last week? After a week’s absence due to the Thanksgiving Holiday, here is last week’s Top 10.

1. All Change Please–The Lisbon Treaty Comes Into Force. On December 1, 2009, the Lisbon Treaty came into effect, amending the current Treaty on European Union (the 1992 “Maastricht Treaty”) and the Treaty establishing the European Community (signed in Rome in 1957). Together, the two amended Treaties (the former retains its title while the latter becomes the “Treaty on the Functioning of the European Union” or “TFEU”) establish the European Union and govern its operation. So what does the Lisbon Treaty do and why is it hailed as one of the most momentous steps in European integration over the last 60 years? And if it is so important, why is it being greeted with a “If its Lisbon, it must be Thursday” level of disinterest/ennui?

First and foremost, the Lisbon Treaty brings the institutional and legal framework underpinning Europe relatively up-to-date. Regardless of where one stood on the merits of a unified Europe, the framework was acknowledged as unwieldy and almost incomprehensibly fragmented when discussions began on a new treaty. That was 8 long years and 12 new members ago…(continue reading)


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