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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Immigration – raising the bar and narrowing the gate
Immigration – raising the bar and narrowing the gate Willy Sussman, Partner | Tuesday 11 October 2016 News headlines from around the world accentuate the desirability of living on a Pacific Island a long way from trouble, where one can enjoy economic prosperity, no corruption and a clean green environment. Housing, at least in Auckland, …
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Gapsme: General Accounting Principles For Small And Medium Enterprises
The EU Single Accounting Directive 2013/34/EU, which repealed the 4th and 7th Accounting Directives on Individual and Consolidated Accounts, introduced a simplified procedure for financial statement reporting. This Directive was transposed into Maltese law via legal notice 289 of 2015 in virtue of the ministerial powers conferred on the Minister of Finance in virtue of …
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Hidden priorities – Statutory charges and the PPSA
Hidden priorities – Statutory charges and the PPSA Tim Fitzgerald, Senior Associate | Tuesday 25 August 2015 When can first-ranking charges under the Personal Property Securities Act 1999 (PPSA) lose priority and come second?
A milestone for New Zealand arbitration
A milestone for New Zealand arbitration Fiona Tregonning, Senior Associate | Tuesday 23 August 2016 This year marks 20 years since the passing of New Zealand’s Arbitration Act 1996 (the Act), based on the 1985 UNCITRAL Model Law and substantially overhauling New Zealand’s previous arbitration regime.