Profits from trading cryptocurrency subject to tax

Profits from the sale of Bitcoin and other cryptocurrencies are subject to tax. That was the verdict of the Finanzgericht Berlin-Brandenburg in a ruling from June 20, 2019 (Az.: 13 V 13100/19).

Sharmil Bhushan joined HSA Advocates as a Partner

We are pleased to announce the addition of Sharmil Bhushan to the Firm. As a Partner based in the Mumbai office, her practice primarily focuses on BFSI.

AVELLUM advises on Vodafone Ukraine aqcuisition and Eurobond financings

AVELLUM acted as the Ukrainian legal counsel to:

STELIOS AMERICANOS & CO LLC ADVISES ALF MIZZI IN THE GROUP’S €75 MILLION PARTICIPATION TO JOINTL

Stelios Americanos & Co LLC advises alf mizzi IN the group’s €75 million participation to jointly develop with lanitis group the LIMASSOL GREENS GOLF RESORT Stelios Americanos & Co LLC advised the Malteze Group of Alf Mizzi & Sons in their latest expansion in Cyprus.

STELIOS AMERICANOS & CO LLC ADVISES THE €100 MILLION AQUISITION OF NICOSIA MALL

Stelios Americanos & Co LLC advised the Consortium of buyers of the Nicosia Mall in a high profile transaction that closed in December 2019 and it was the most significant acquisition of the year 2019.

Carmakers given antitrust fine – Anticompetitive arrangements relating to steel procurement

Germany’s Federal Cartel Office, the Bundeskartellamt, has imposed fines totaling approx. 100 million euros on three car manufacturers for anticompetitive practices in relation to the procurement of long steel.

Our Firm announces the appointment of two new Partners

SOTERIS PITTAS & CO LLC is pleased to announce that as of the 23rd of December 2019, Mrs. Maria Pitta and Mrs. Evi Lamprou have been promoted as partners in our Firm.

Bär & Karrer Advises Novartis on the Financing of the Acquisition of The Medicines Company

In connection with the acquisition of NASDAQ-listed biopharmaceutical company The Medicines Company for USD 9.7 billion, Novartis AG and Novartis Finance Corporation entered into a USD 7 billion short-term (bridge) credit agreement and completed a USD 5 billion four-tranche SEC-registered bond offering. Bär & Karrer acted as Swiss legal advisor to Novartis in this transaction.

Elias Neocleous & Co LLC advises CPI Property Group on Globalwealth share acquisition

Elias Neocleous & Co LLC is proud to have advised CPI Property Group (“CPI”) on the Cypriot aspects of its recent acquisition of shares in Globalworth Real Estate Investments Limited (“GREIL”). CPI is a company listed on the Frankfurt Stock Exchange with a property portfolio of circa EUR 8 billion. The shares it successfully acquired …

CAMS certificate – Milto Charalambous

Our Assistant Compliance Officer, Milto Charalambous, has successfully completed the CAMS (Anti-Money Laundering Specialist) certificate. She now has the core competencies and essential knowledge in the Anti-Money Laundering field.