Bank guaranteed contracts
This article will address the unfortunate position whereby a significant portion of citizens of the Republic of Cyprus have signed supplementary guarantee agreements, being in most cases relatives, friends, colleagues and/or in other relationships with the borrower, and have been called on to guarantee the repayment of and compliance with the loan agreement terms of …
Overseas investment review – phase two released
On 16 April the Government launched its public consultation document on the 'second phase' of its Overseas Investment Act 2005 (the Act) reforms (as foreshadowed in our announcement late last year).
Digital services tax: what would it look like?
Earlier this year, Prime Minister Jacinda Ardern announced the Government's intention to introduce a new digital services tax (DST) that would apply to multinational digital companies operating in New Zealand.
Ownership of information in the digital world – reforms to copyright law in Europe and New Zealand
The European Parliament recently voted in favour of the Copyright in the Digital Single Market Directive ('Copyright Directive'), in a decision that has the potential to revolutionise the way copyright is treated on the internet.
Arbitration: What formal or informal requirements exist for an arbitration agreement in your juris?
The following article discusses session four in the IR Global Virtual Series on 'Litigation Funding: Handling commercial and financial disputes'
Ld’ Adjudicating Authority dismisses the Application under Section 7 by ICICI Bank against Hyderab
Ld’ Adjudicating Authority dismisses the Application under Section 7 by ICICI Bank against Hyderabad Ring Road Projects Private Limited a Special Purpose Vehicle related to Era Infra Engineering Limited.
Criminal sanctions for cartel conduct introduced into law
Criminal sanctions for cartel conduct have now passed into law, almost a decade after they were first considered.
Arbitration law reform: three takeaways
Last week, Parliament made several technical reforms to New Zealand's arbitration legislation. The changes will be of interest to any party considering an arbitration, or to anyone drafting a dispute resolution provision. In this update, we draw three relevant points to your attention.
A link tax in New Zealand?
A controversial payment to publishers for content in Europe has implications for New Zealand – despite escaping mention in a recent paper that set out the key issues for review for our own copyright laws.
Cyprus introduces legislation implementing the provisions of the EU Anti – Tax Avoidance Directive
A. INTRODUCTION The Cyprus House of Representatives has recently voted a new law transposing the provisions of the European Union Anti-Tax Avoidance Directive (the “ATAD” or “Directive”) into the local legislation.