Bär & Karrer Advised Axcel on the Acquisition of Invima
The Danish private equity company Axcel has acquired all shares in Invima AB, a Swedish corporation, with its subsidiaries including two Swiss subsidiaries. Under the IsaDora brand, Invima AB is one of the Nordic region's leading manufacturers and distributors of cosmetics, with sales in approximately 5,000 stores in forty different countries. The seller Ingvar Vigstrand …
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Sayenko Kharenko advises Ukreximbank on UAH 4 billion repeat of hryvnia-denominated Eurobond
Sayenko Kharenko advises Ukreximbank on successful UAH 4 billion repeat of hryvnia-denominated Eurobond Sayenko Kharenko has acted as Ukrainian legal counsel to JSC “The State Export-Import Bank of Ukraine” in connection with UAH 4,051,000,000 (approximately USD 150,000,000) 16.5 per cent. Loan Participation Notes due 2021. Citigroup Global Markets Limited and J.P. Morgan Securities plc acted as …
Goltsblat BLP advises on sale of Sailfish OS developer
Goltsblat BLP, the Russian practice of Berwin Leighton Paisner (BLP), which will operate as Bryan Cave Leighton Paisner (Russia) LLP from April 2018, advises Open Mobile Platform-DC LLC and RUSINTECH LLC on sale of 75% in Open Mobile Platform-DC and 75% in Votron LLC to Rostelecom PJSC.
Karanović & Nikolić Ranks as Leading Law Firm in Chambers Europe 2018
We are proud to announce that Karanović & Nikolić has once again emerged on top of the rankings on the most recent list of leading European law firms – the prestigious Chambers Europe 2018. This year's edition of the Chambers Europe has highlighted seven different practice areas within the Karanović & Nikolić legal practice and cooperating …
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Announcement of New Senior Associate: ARV Jacoba
SyCip Salazar Hernandez & Gatmaitan is pleased to announce the promotion of Anthony R.V. Jacoba as senior associate effective January 1, 2018.
ELA & SyCipLaw Contribution to Trinity Domus Funds in Dominica
SyCip Salazar Hernandez & Gatmaitan joined fellow Employment Law Alliance (ELA) members in raising funds for the rebuilding and refitting of educational and daycare facilities in Dominica following the devastation caused by Hurricanes Irma and Maria in 2017. SyCipLaw is ELA’s exclusive member firm in the Philippines.
VEGAS LEX discusses practice of proving business losses in court
On 21 February 2018, VEGAS LEX’s experts with the support of RSPP Committee for Property and Judicial System held a conference in Moscow, following a series of events dedicated to main trends in disputes involving recovery of business losses and recommendations for getting the best result (for a plaintiff or a defendant).
How to protect your interests when concluding and terminating a lease agreement?
On 20 February 2018, VEGAS LEX held a conference dedicated to legal aspects of lease relations, certain tax matters, disputes under lease agreements and analysis of the commercial and office property markets.
Cyprus VAT on Land – Updates by the Tax Department
In November 2017, the Cyprus parliament voted an important amendment to the Cyprus VAT Legislation, which amends the main VAT Law N.95(I)/2000 concerning taxation of building land, in order to align it with the provisions of EU VAT Directive 2006/112/EC. The amendment has entered into force on 2 January 2018.
Tax Update
Cyprus Tax Authorities announce the 10 year bond yield for Notional Interest Deduction (NID) purposes The Cyprus tax authorities have announced the interest yield of the 10 year government bonds as at 31st December 2017 which increased by 3% grants tax allowance on new capital introduced into the Cyprus company.