Kinstellar

  The Ministry of Investments, Regional Development and Informatization of the Slovak Republic has submitted a proposal to amend the Act on Information Technologies in Public Administration. Its aim is to strengthen the management of the state's digital assets, increase cybersecurity resilience, and introduce clear rules for the use of artificial intelligence in public administration. From the state’s perspective, this is an ambitious reform, but for IT solution suppliers, it introduces numerous negative consequences that fundamentally change the existing contractual practices and business environment. Below is a summary of the key changes and their practical impacts on businesses. 1. Special copyright regime for public sector information technologies A key change is the introduction of a special regime for exercising proprietary rights under the Copyright Act. Public authorities will automatically and unconditionally acquire full proprietary rights to software and databa...

  The intergovernmental Agreement on the establishment of the US-Ukraine Reconstruction Investment Fund ( Fund ), signed on April 30, 2025, in Washington, D.C. ( Agreement ) reflects a reset of the US-Ukraine geopolitical relationship and looks to provide a strategic blend of economic investment and security cooperation. First and foremost , the Agreement signals US commitment to a sovereign Ukraine to the international community. It provides the US with a direct stake in Ukraine's economic reconstruction by creating the legal foundation for an economic bond between Ukraine and the US. It seeks to reflect the Trump administration’s market-driven approach to rendering foreign assistance by triggering co-investment mechanisms that should lead to a win-win strategy. The Agreement positions Ukraine as a potentially key player in global (and, primarily, European) supply chains by leveraging Ukraine’s reserves of critical minerals (e.g., lithium, cobalt) and energy resources, and i...