GOLAW recognized in Top 100 Restructuring and insolvency companies worldwide by GRR 2020
GOLAW Law firm has been ranked in the Global Restructuring Review 100 list, an annual independent guide to the world’s leading law firms for cross-border restructurings and insolvencies.
GOLAW Partner Max Lebedev elected as a Vice Chairman of the European-Ukrainian Energy Agency Board
GOLAW Partner Max Lebedev elected as a Vice Chairman of the European-Ukrainian Energy Agency Board
Obligation to file for insolvency only suspended in cases of over-indebtedness, not illiquidity
There has been a limited extension until December 31, 2020 to the suspension of the obligation to file for insolvency due to the coronavirus pandemic. However, this only applies to cases of over-indebtedness, not illiquidity.
Law aimed at promoting fair competition passed
The Bundestag and Bundesrat – Germany’s lower and upper houses of parliament respectively – have passed a law designed to promote fair competition, with the legislation expected to curb misuse of warning notices significantly.
Transfer of shares from company to private hands not an acquisition
On January 1, 2009, a flat rate withholding tax (Abgeltungssteuer) was introduced in Germany. A transfer of shares acquired prior to this cutoff date from company to private hands does not amount to an acquisition of shares. That was the verdict of the Finanzgericht Münster in a judgment from March 26, 2020 (Az.: 8 K …
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Azmi & Associates Appoints 2 New Partners
Dear valued clients, business associates and friends, Azmi & Associates is pleased to announce the appointment of Mohd Farizal Farhan Abd Ghapar and Mohd Sallahudin Abdullah as its new partners with effect from 16 December 2020
Bär & Karrer Successfully Represented Respondent in Setting-Aside Proceedings before the Swiss Fede
Bär & Karrer successfully represented a Turkish construction company against the State of Libya in setting-aside proceedings before the Swiss Federal Supreme Court in connection with an ICC award issued in an investment treaty arbitration. The underlying claims arose out of construction projects commissioned by the State of Libya.
Business closure due to COVID-19 – Claims against insurer successful
An insurer was forced to indemnify a Munich restaurant for its closure due to COVID-19. The owner’s claim was successful before the Landgericht (LG) München, the Regional Court of Munich (Az.: 12 O 5868/20).
Bär & Karrer Advises Castik Capital on the Sale of Acrotec Group
Castik Capital entered into a share purchase agreement with Carlyle Group regarding the sale of the Acrotec Group. Acrotec Group is an independent supplier of watch components for the Swiss luxury mechanical watch market, a main player in the European MedTech components market and a supplier of high precision components for various end markets such …
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GOLAW Partner Iryna Kalnytska spoke at the ‘11th annual international taxation in CEE’ conferenc
GOLAW partner Iryna Kalnytska spoke at the ‘11th Annual International Taxation in CEE’ online conference which took place on December, 3-4. The event was devoted to the discussion of recent changes in tax planning, mandatory disclosure rules,, managing tax audits, tax risks, transfer pricing guidelines and case studies on tax compliance in Central and Eastern Europe.