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 …
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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 …
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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.
COVID-19 – Provider of business closure insurance must pay out
The Landgericht (LG) München – the Regional Court of Munich – recently delivered a judgment requiring an insurance company to pay out on a business closure insurance policy. The restaurant owner in question will now receive substantial compensation because of the closure of his premises due to COVID-19.
MELCHERS unterstützt auch dieses Jahr das Haus des Weihnachtsmanns
Seit 20 Jahren engagiert sich der Lions Club-Altstadt e.V. mit dem Haus des Weihnachtsmanns auf dem Heidelberger Weihnachtsmarkt, um Hilfsprojekte für Kinder in der Region zu unterstützen. MELCHERS fördert dieses Engagement als einer der Sponsoren der Aktion. Die coronabedingte Absage des diesjährigen Weihnachtsmarkts macht auch vor dem Haus des Weihnachtsmanns nicht halt. Die Initatoren haben …
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Once again MELCHERS supports the house of Father Christmas
For 20 years, the Lions Club-Altstadt e.V. has been engaged with the House of Father Christmas at the Heidelberg Christmas Market to support charity projects for children in the region. MELCHERS supports this commitment as one of the sponsors of the event. The cancellation of this year’s Christmas market due to corona does not stop …
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