153 results found

In the case T-134/21, Malacalza Investimenti Srl and Vittorio Malacalza (the "Applicants"), shareholders of the Italian bank, Banca Carige, brought a case before the General Court of the European Union (the "Court")...

On 10 September 2024, the Grand Chamber of the Court of Justice of the European Union delivered a landmark judgment in favour of the European Commission in the appeal case C-465/20...

When a company pays an interim dividend but later discovers it lacked sufficient distributable profits, can those payments be recovered from shareholders? This analysis examines the unique legal position of interim dividends under Maltese company law, exploring the circumstances under which clawback becomes possible and the critical distinction between lawful distributions affected by subsequent misfortune and unlawful payments that should never have been made.

Apart from being responsible for the proper administration and management of the company, Directors of a Maltese company are, amongst other obligations, generally bound to act honestly and in good faith ...

On the 1st of December 2021, the Court of Appeal (the "COA") delivered a judgment confirming a decision of First Hall Civil Court ("CC") given on the 30th of September 2016...

Generally, all limited liability companies registered in Malta are required to prepare a set of audited financial statements every year.

On the 11th July 2025, Act XVIII of 2025 (the "Act") was promulgated, which introduced several amendments to the Companies Act (Chapter 386 of the laws of Malta) (the "Companies Act")...

We are delighted to introduce the first edition of our 2025 newsletter, featuring a selection of timely and thought-provoking legal insights.

Under Maltese law, collective investment schemes that qualify as Professional Investor Funds ("PIFs") are subject to a significantly lighter and more flexible regime than retail funds.

Malta's Companies Act prohibits companies from providing financial assistance for the acquisition of their own shares or those of their parent company, but private companies can circumvent this restriction through a 'whitewash procedure.' This article examines the scope of the prohibition, the rationale behind capital maintenance rules, and the practical steps required to lawfully provide financial assistance in M&A transactions.

The practical stakes were considerable. If Rome II applied, Article 4(1) would designate the law of the place where the damage occurred — which, for online gambling losses, would normally be the habitual residence of the consumer.

Private Trust Companies (PTCs) offer families and high-net-worth individuals a tailored solution for trust administration.

There are no official statistics issued by any Maltese authority in respect of merger and acquisition transaction or private equity transactions taking place in Malta or involving Maltese companies.

The Republic of Malta offers a wealth of benefits to those who decide to open a company locally: from tax exemptions to low costs for company formation and maintenance, one can see why foreign investors favour setting up their business ...

Allowing money laundering to flourish effectively means supporting terrorism, drugs and violence in our neighbourhoods.

Following the first article in this series dealing with the process of a member's voluntary winding up (the "MVWU"), the focus of this article will shift to the second mode of voluntary winding up which...

The steps to set up a company in Malta are very straightforward and can be done remotely or online without the need to travel.

The landmark case of "Salomon v Salomon" in the UK established the principle of separate juridical personality and today represents a fundamental pillar of company law doctrine.