GOLAW Partner Max Lebedev elected as a Vice Chairman of the European-Ukrainian Energy Agency Board

GOLAW Partner Max Lebedev elected as a Vice Chairman of the European-Ukrainian Energy Agency Board

Obligation to file for insolvency only suspended in cases of over-indebtedness, not illiquidity

There has been a limited extension until December 31, 2020 to the suspension of the obligation to file for insolvency due to the coronavirus pandemic. However, this only applies to cases of over-indebtedness, not illiquidity.

Law aimed at promoting fair competition passed

The Bundestag and Bundesrat – Germany’s lower and upper houses of parliament respectively – have passed a law designed to promote fair competition, with the legislation expected to curb misuse of warning notices significantly.

Transfer of shares from company to private hands not an acquisition

On January 1, 2009, a flat rate withholding tax (Abgeltungssteuer) was introduced in Germany. A transfer of shares acquired prior to this cutoff date from company to private hands does not amount to an acquisition of shares. That was the verdict of the Finanzgericht Münster in a judgment from March 26, 2020 (Az.: 8 K …

Azmi & Associates Appoints 2 New Partners

Dear valued clients, business associates and friends, Azmi & Associates is pleased to announce the appointment of Mohd Farizal Farhan Abd Ghapar and Mohd Sallahudin Abdullah as its new partners with effect from 16 December 2020

Bär & Karrer Successfully Represented Respondent in Setting-Aside Proceedings before the Swiss Fede

Bär & Karrer successfully represented a Turkish construction company against the State of Libya in setting-aside proceedings before the Swiss Federal Supreme Court in connection with an ICC award issued in an investment treaty arbitration. The underlying claims arose out of construction projects commissioned by the State of Libya.

Business closure due to COVID-19 – Claims against insurer successful

An insurer was forced to indemnify a Munich restaurant for its closure due to COVID-19. The owner’s claim was successful before the Landgericht (LG) München, the Regional Court of Munich (Az.: 12 O 5868/20).

Bär & Karrer Advises Castik Capital on the Sale of Acrotec Group

Castik Capital entered into a share purchase agreement with Carlyle Group regarding the sale of the Acrotec Group. Acrotec Group is an independent supplier of watch components for the Swiss luxury mechanical watch market, a main player in the European MedTech components market and a supplier of high precision components for various end markets such …

GOLAW Partner Iryna Kalnytska spoke at the ‘11th annual international taxation in CEE’ conferenc

GOLAW partner Iryna Kalnytska spoke at the ‘11th Annual International Taxation in CEE’ online conference which took place on December, 3-4. The event was devoted to the discussion of recent changes in tax planning, mandatory disclosure rules,, managing tax audits, tax risks, transfer pricing guidelines and case studies on tax compliance in Central and Eastern Europe.

GOLAW recognized among the top 10 leading law firms of Ukraine

GOLAW is recognized among the top 10 market leaders according to the all-Ukrainian study “50 Leading Law Firms of Ukraine”, which is annually held by the prestigious Publishing House ‘Legal Practice’. In 2020 the firm is ranked N6, moving up one position in comparison with the survey results in 2019.