Bär & Karrer Advises Waterland on its Investment in Tineo
Waterland Private Equity invested in Tineo AG after the carve-out from Quickline Holding AG. Tineo is an integrated enterprise solution provider of data centres, glass-fiber connections, high-speed internet and VoIP services with state-of-the-art infrastructure
Non-liability of the Shareholders and Piercing the Corporate Veil
1. Introduction A legal entity is defined as "groups of persons organized as entity on its own and independent property groups constructed for special object" under Article 47 of the Turkish Civil Code No. 4721 ("TCC"). Under Turkish laws, legal entity owns its assets; such assets are dedicated to the purposes of the legal entity …
Continue reading “Non-liability of the Shareholders and Piercing the Corporate Veil”
Non-liability of the Shareholders and Piercing the Corporate Veil
1. Introduction A legal entity is defined as "groups of persons organized as entity on its own and independent property groups constructed for special object" under Article 47 of the Turkish Civil Code No. 4721 ("TCC"). Under Turkish laws, legal entity owns its assets; such assets are dedicated to the purposes of the legal entity …
Continue reading “Non-liability of the Shareholders and Piercing the Corporate Veil”
A 10-Point Guide on Antitrust and Competition Law in the UAE
Until the issue of the Federal Law No. 4 of 2012 on the Regulation of Competition, the United Arab Emirates (UAE) lacked a composite law on competition, with elements of competition law strewn over various legislations. In 2013, the said law came into force, aiming to curb anti-competitive practices and regulate economic concentrations.
UPDATE: FTA Clarifies the VAT Treatment of Compensation Payments
The Federal Tax Authority (FTA) has recently published a clarification on VAT treatment of compensation type payments, such as payments to settle disputes, and other contractually agreed compensation. Where a payment or fee is not a consideration for a supply, there is no VAT due. Often times, there are penalty clauses or liquidated damages clauses …
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Conducting An Internal Investigation
Nicola Sharp and Syedur Rahman explain the value to companies of internal investigations and the importance of carrying them out correctly.
Preventing Money Laundering In The Gambling Industry
With a bookmaker being ordered to pay millions for failing to prevent money laundering, Nicola Sharp and Syedur Rahman examine how the gambling industry can tackle the problem.
How to Deal with A Tier 2 Sponsor Licence Suspension
The UK leaves the European Union in less than six months. With the number of EU nationals coming to the UK for work reducing, having a valid Tier2 Sponsor Licence is more crucial than ever for organisations whorely on foreign talent to meet customer demands. Sponsor Licenceholders who do not have the advantage of large …
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Bär & Karrer Elects Ruth Bloch-Riemer, Daniel Raun and Philippe Seiler to Partner
Bär & Karrer has announced the election of Ruth Bloch-Riemer, Daniel Raun and Philippe Seiler to the firm's partnership. The appointment is effective as of 1 January 2019.
Brief Comment on Easing Restrictions on Foreign Investment in Automotive Manufacturing
On April 10, 2018, President Xi Jinping attended the Boao Forum for Asia (“BFA”) Annual Conference 2018 and delivered a keynote speech stressing that “China will remain unchanged its adherence to reforming and opening up, and will continue to launch new, major measures to pursue further opening.” Following this speech, the National Development and Reform …