Privacy, Data Protection & Cybersecurity
19 February 2018 COMMISSION COMMUNICATION – GUIDANCE ON THE DIRECT APPLICATION OF THE GENERAL DATA PROTECTION REGULATION The European Commission (the “Commission”) has issued, on the 24 January, a Communication containing guidance in view of facilitating the direct application of the General Data Protection Regulation (“GDPR”) in all the European Union (the “EU”) as of …
The Taxation Of Benefits In Kind In Cyprus
1. INTRODUCTION The Tax Department has announced in October 2018 its intention to terminate the previous tax practice in relation to the benefits in kind, and instead provide clear guidelines as to the proper valuation of the benefits in kind, for the purpose of consistency, clarity and uniformity, clearing any ambiguities. The broad definition of …
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Karanovic & Partners wins the Law Firm of the Year Award
We are proud to announce that Karanovic & Partners is the 2019 winner of the prestigious Law Firm of the Year award, in the Eastern Europe and the Balkans category.
Sayenko Kharenko wins twice at The Lawyer European Awards 2019
Sayenko Kharenko wins twice atThe Lawyer European Awards 2019 Sayenko Kharenko won the titles of Law firm of the year: Russia, Ukraine and the CIS and European energy and infrastructure deal of the year at The Lawyer European Awards 2019. The firm is the only one on the Ukrainian market ever to have won two accolades …
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Foyen has advised Mandalay Resources in 32 Million USD share issue
Foyen has advised Canadian mining company Mandalay Resources Corporation inits marketed public offering of shares (subscription rights) on the Toronto stock exchange for aggregate gross proceeds of 43 million CAD (32 MUSD).Mandalay is the 100 % owner of the Bjorkdal gold mine in northern Sweden and the transaction has required legal opinions regarding all companies …
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Foyen recruits lawyer from the Court of Appeal
Foyen Advokatfirma has recruited lawyer Erika Stjärnström from the Göta Court of Appeal. Erika has joined the law firm's Construction business sector, writes Foyen in a press release.
Unexplained Wealth Orders: Their Potential And The Right Way To Respond If Faced With One
Aziz Rahman considers why we may see an increase inunexplained wealth orders (UWO’s) and the implications for law enforcement and individuals.
AVELLUM advises on IBRD-supported financing for Ukraine
AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine in connection with two syndicated EUR-denominated facilities arranged by Deutsche Bank in December 2018 and March 2019 for the total amount equivalent to approximately USD1 billion.
AVELLUM advises EBRD and BSTDB on financing of one of largest solar projects in Ukraine
AVELLUM acted as the Ukrainian legal counsel to the European Bank for Reconstruction and Development (“EBRD”) and the Black Sea Trade and Development Bank ("BSTDB") in connection with senior secured loans in the total amount of up to EUR36.3 million to Rengy Bioenergo LLC (“Loans”).
Gulbenkian Andonain discuss NEW Tier 1 Start-Up Visa and the NEW Tier 1 Innovator Visa
The document entitled "Statement of Changes to Immigration Rules" which was released by the House of Commons on the 7th March 2019, outlined and advised us on a number of changes that will come into place that will affect the Tier 1 Investor Visa amongst other visa programmes and schemes. The latest article on our …