Highlights of the FY2023 Tax Law Amendment Proposals
The Korean Ministry of Economy and Finance (MOEF) confirmed and announced the FY2023 tax law amendment proposals on July 27, 2023 (Proposals).
Non-Standard Working Arrangements Q&As
The Employment and Industrial Act, Chapter 452 of the Laws of Malta, briefly tackles the concepts of overtime and work during public and national holidays.
Proposed amendments to the Exclusive Economic Zone Act and ancillary laws
The Exclusive Economic Zone Act (the “EEZ Act”), as enacted in 2021, catered for the establishment of an Exclusive Economic Zone (“EEZ”) adjacent to Malta’s territorial waters.
Consumers’ right to withdraw from off-premises contracts already performed
The Court of Justice of the European Union (the “CJEU”) assessed the right of withdrawal from a contract concluded off-premises available to consumers in its preliminary ruling delivered on 17 May 2023 in the case of DC v. HJ (C-97/22).
COA calls for legislative action to address a lacuna identified in Article 402 of the Companies Act
Basing its argument on the Latin maxim ‘ubi lex voluit dixit, ubi noluit tacuit’ (“Where the law willed, it spoke, where it did not want, it was silent”), the Court of Appeal in Miclis Company Limited v. Kevin Fitzpatrick et. (July 2023) upheld the claim that the law does not grant an appellant the right …
Mergers & Acquisitions (M&A) Expected To Bounce Back in 2024
High interest rates, a more stringent regulatory environment and increased foreign direct investment supervision especially by European states could be the main factors behind the current lull being experienced in the mergers and acquisitions market in Malta.
Q&A | Working Time Record Keeping under Local Legislation
Is there a legal obligation to keep a record of the daily start time and end time of working time for a Company’s employees? If yes, does this obligation emerge from Maltese law?
Five ways a director (administrator) could be held personally liable in Romania – civil, criminal, debts, removal/dismissal or in case of insolvency
The Romanian legislation provides a series of rules and obligations on the Romanian administrator regarding the conduct of his activity. According to the legislation in force, in Romania,
Decoding “Ordinary Course of Business” in M&A Transactions
In common parlance, transactions entered in the “ordinary course of business” include transactions carried out in the day-to-day course of business to further the company’s business, in line with its charter documents. Black’s Law Dictionary defines ordinary course of business as “normal routine in managing trade or business”.
A.I. & Copyright – Did Singapore’s Copyright Act 2021 solve copyright problems in the Training of A.I.?
When Artificial Intelligence models are trained against data, the potential for copyright infringement exists under the laws of some, if not most, countries. Did Singapore’s Copyright Act 2021 solve this problem? This article explores what Singapore’s changes to its laws mean. By Jeffrey Lim