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Legal Developments - Law Firm Thought Leadership

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Attachment Of A Bank Guarantee In Light Of The Provisions Of The Dubai Court Of Cassation

M&CO Legal | August 6, 2019

The bank guarantee is a very important tool in the business process it ensures that the liabilities of the debtor will be met in the event that the debtor fails to fulfill the contractual obligations; Pursuant to Article 411(1) of Federal Law No 18 of 1993 – Commercial Transactions Law (“CTL”), a bank guarantee is …

Continue reading “Attachment Of A Bank Guarantee In Light Of The Provisions Of The Dubai Court Of Cassation”

GSTing till 2019 and ahead!!

Hammurabi & Solomon Partners | August 2, 2019

Authored by Hammurabi & Solomon Partners

Why Cyprus for Maritime?

Michael Kyprianou & Co. LLC | July 26, 2019

Recognizing the political, economic and social importance of shipping, as from 1963, Cyprus managed to develop the country into a fully-fledged shipping centre combining both a sovereign flag and a resident shipping industry, which is renowned for its high-quality services and standards of safety.

Changes to UK capital gains tax

Michael Kyprianou & Co. LLC | July 26, 2019

Since April 2019, the new rules regarding capital gains tax have been implemented in UK. The intention of the implementation of new rules is to remove the advantage of non- UK residents who did not pay tax over the gains from the disposal of all their property in UK.

Increase of Property Rents in Cyprus: Permissible and Non-Permissible Limits

Michael Kyprianou & Co. LLC | July 26, 2019

It has been many times that my clients have expressed the question as to when and how the rental amounts increase.  This question is voiced by both Landlords and Tenants of real estate.

Costs incurred amending tax returns can be offset against estate tax

MTR Rechtsanwälte | July 26, 2019

Heirs are obligated to amend or subsequently file the testator’s incomplete or missing tax returns.

Hengeler Mueller advises Tencent on further investment in N26

Hengeler Mueller | July 25, 2019

As part of an extended Series D Funding round, Tencent Holdings Ltd., one of the leading technology companies particularly in China, has increased its investment in N26 GmbH, a provider of mobile banking services. All previous investors from the Series D funding round in January 2019 have participated in this latest investment in N26.

Hengeler Mueller advises excellence group Berlin University Alliance

Hengeler Mueller | July 25, 2019

The Berlin University Alliance has qualified as a consortium for a funding in the Universities of Excellence competition of the German federal and state governments. With their joint proposal entitled "Crossing Boundaries toward an Integrated Research Environment", the four Berlin partners – Freie Universität Berlin, Humboldt-Universität zu Berlin, Technische Universität Berlin, and Charité – Universitätsmedizin …

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Hengeler Mueller advises Accel on participation in further sennder funding round

Hengeler Mueller | July 25, 2019

Accel has, together with other co-investors, participated in the Series C funding round of the Berlin-based logistics startup company sennder. Accel had initially invested in the digital road-freight-forwarder as part of the Series B financing in spring.

Consultation announced on a proposed Medicinal Cannabis Scheme

Bell Gully | July 25, 2019

​​​​​​​The Ministry of Health (MOH) has announced it is consulting on a proposed Medicinal Cannabis Scheme.

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