The Duty Of Disclosure At An Ex Parte Hearing Extends Also To Without Prejudice Correspondence
In a recent decision of the Cypriot Court of Appeal in COMMERZBANK –V- ADEONA, it has been inter alia held that the duty of disclosure of an applicant to an ex parte application, extends also to the without prejudice correspondence of the relevant parties.
Stock options and management companies
Direct grant of stock options to the director of the management company The tax authorities have just confirmed that stock options granted direct to the director of a management company, by the company for which the management services are performed, can fall within the scope of application of the Act of 26 March 1999 in …
Will Google forget you?
The right to be forgotten vs. Google, Inc. Probably no one could have predicted that a complaint of one man in a European country, over his right to privacy, may possibly change a significant part of the global operational structure of the Internet giant. And yet, Google has already implemented changes to its main tool …
European Commission releases “Clean Energy Package”
On 30 November 2016 the European Commission published its "Winter Package" containing proposals for new rules for a consumer-centered clean energy transition. The 500 page Winter Package had been eagerly awaited by the energy industry since it was to contain the major energy regulations for 2020 onwards. As expected, the most substantial measures and amendments …
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The Constitutional Court of Moldova has spoken: No Need for Acquirer of a Share Stake to Obtain Shar
Through its 27 September 2016 decision ("Decision 27/2016"), the Constitutional Court of Moldova ("Constitutional Court") has declared certain provisions of the local Law on Limited-Liability Companies ("Law 135/2007") unconstitutional. In particular, it ruled that the operation of amendments to constitutive acts cannot constitute a condition and impediment to an acquirer registering its property right over a share …
Protection of new and interim financings in restructuring? – The European Commission’s proposal on e
Since the European Commission adopted the recommendation on restructuring and second chance in 2014, it has been working on the evaluation of its initiative and the introduction of a European legal framework. In 2015 the Capital Markets Union Action Plan included the announcement of a legislative initiative on early restructuring and second chance. Finally, on …
Mfsa Issues Discussion Paper On Investment-based Crowdfunding
With access to finance becoming more difficult for start-ups and small businesses, the evolution of crowdfunding is becoming an emerging alternative funding source for project owners seeking starting capital.
Keeping the global spotlight on corruption
Keeping the global spotlight on corruption Fiona Tregonning, Senior Associate | Tuesday 17 May 2016 The recent London Anti-Corruption Summit (the Summit) saw New Zealand agree to explore some new measures in support of global efforts against corruption. The Summit, attended by over 40 countries, has kept corruption and transparency issues in the spotlight at a …
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CCH New Zealand Budget Report 2016
CCH New Zealand Budget Report 2016 Mathew McKay, Partner | Thursday 26 May 2016 In conjunction with CCH, our tax team has analysed the implications of the changes and has produced a report providing an in-depth analysis of the Budget.
Concern over missing details as OECD targets tax base erosion and profit shifting
Concern over missing details as OECD targets tax base erosion and profit shifting Graham Murray, Senior Associate and Mathew McKay, Partner | Friday 8 July 2016 Submissions on a new multilateral instrument (the MLI) to target tax base erosion and profit shifting (BEPS) call for further technical details to be released for public consultation and …
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