FG Düsseldorf: Demolition of inherited family home may retrospectively give rise to estate tax

The demolition of your parent’s home post-inheritance may lead to a retrospective loss of tax-exempt status. That was the verdict of the Finanzgericht (FG) Düsseldorf – the Fiscal Court of Düsseldorf – in a judgment from January 8, 2020 (Az.: 4 K 3120/18 Erb).   Children who inherit real estate from their parents can receive […]

Michael RainerManaging Partner, MTR Rechtsanwälte

Charltons Responds to HKEX Consultation on Main Board Profit Requirement on behalf of 10 sponsor firms

Charltons responded on 11 January 2021 to the Hong Kong Stock Exchange’s Consultation Paper: The Main Board Profit Requirement (summarised here) on behalf of a group of 10 Hong Kong sponsor firms who are concerned that the proposals to raise the profit requirement for listing by either 150% or 200% will leave many Hong Kong […]

Clinton MorrowPartner, Charltons

Charltons Responds to HKEX Consultation on Main Board Profit Requirement on behalf of 10 sponsor firms

Charltons responded on 11 January 2021 to the Hong Kong Stock Exchange’s Consultation Paper: The Main Board Profit Requirement (summarised here) on behalf of a group of 10 Hong Kong sponsor firms who are concerned that the proposals to raise the profit requirement for listing by either 150% or 200% will leave many Hong Kong […]

Julia CharltonPartner, Charltons

Employment stability decreed for two (2) years

Issuer: National Executive of the Bolivarian Republic of Venezuela Published: Official Gazette Special N° 6.611, December 31st, 2020 Decree Number 4.414 was published in Venezuela’s Official Gazette Special Number 6.611, on December 31st, 2020, in which employment stability was decreed for all public and private sector employees to whom the Employment Law-Decree applies (LOTTT, for […]

Ignacio T. AndradePartner, Ponte Andrade & Casanova

SFC Takeovers Bulletin No. 55 on Takeovers Code Breaches and Regulatory Reminders

The Securities and Futures Commission of Hong Kong (the “SFC”) published Takeovers Bulletin No. 55 in December 2020 (the “SFC Takeovers Bulletin 55”). The SFC Takeovers Bulletin 55 covers recent SFC disciplinary actions for breaches of Rule 26.1 of the Code on Takeovers and Mergers published by the SFC (the “Hong Kong Takeovers Code”) as well as providing […]

Julia CharltonPartner, Charltons

SFC Takeovers Bulletin No. 55 on Takeovers Code Breaches and Regulatory Reminders

The Securities and Futures Commission of Hong Kong (the “SFC”) published Takeovers Bulletin No. 55 in December 2020 (the “SFC Takeovers Bulletin 55”). The SFC Takeovers Bulletin 55 covers recent SFC disciplinary actions for breaches of Rule 26.1 of the Code on Takeovers and Mergers published by the SFC (the “Hong Kong Takeovers Code”) as well as providing […]

Clinton MorrowPartner, Charltons

Another Tax on Wealth: Solidarity and Extraordinary Contribution to Help Mitigate the Effects of the Pandemic

On December 18, 2020, Law No. 27,605 was published in the Official Gazette, which establishes the Solidarity and Extraordinary Contribution to Help Mitigate the Effects of the Pandemic.   This comes in addition to the already applicable Wealth Tax that has rates ranging from 1.25% to 2.25%.  The emergency contribution, which is extraordinary and mandatory […]

Javier CanosaPartner, Canosa Abogados

Updating T&Cs for e-commerce

2020 saw many retailers increasing their online presence in light of the Covid-19 pandemic and the subsequent lockdowns and restrictions in the UK. Businesses should consider how their terms and conditions need to be updated to reflect the new e-commerce offerings. They also need to consider if they are selling to businesses, consumers, or a […]

Nigel GreenawayDirector - Corporate, Greenaway Scott

Francisco A. Casanova of Ponte Andrade & Casanova participated in The Art of Deal Making: Using External Expertise Effectively

Foreword by Andrew Chilvers For ambitious companies eager to expand into overseas markets, often the conventional route of organic business development is simply not fast enough. The other option to invest in or buy a business outright is far quicker but often fraught with unforeseen dangers. And even the biggest, most experienced players can get […]

Francisco A. CasanovaPartner, Ponte Andrade & Casanova

CNPLaw LLP acted for a US e-sports gaming content creator on its joint venture in South East Asia

CNPLaw LLP (CNP) acted for a rapid-growing US e-sports gaming content creator on its strategic joint venture with operational partners in South East Asia, expanding its reach to the region for the first time outside of the US and South America where it currently operates. The joint venture was finalised in September 2020. The CNP team […]

Ken ChiaPartner, CNPLaw LLP