Hong Kong’s initiatives to accelerate tokenisation of real-world assets
In the context of tokenisation, a “real-world asset” refers to a physical asset or a traditional financial asset that is represented digitally on a blockchain. These assets may include equities, bonds, financial instruments, and funds, as well as non-financial assets such as real estate, intellectual property, natural resources, art pieces or even income streams.
Hong Kong has set to launch an inward company re-domiciliation regime
By Rossana Chu and Beverly Fu The Hong Kong Government announced that the law to enable non-Hong Kong companies to re-domicile to Hong Kong will take effect on 23 May 2025. This will help bolster the city’s status as a global business and financial hub and an open and competitive economy.
Dubai Court of Cassation upholds Arbitral Tribunal’s Authority to Issue Anti-Suit Injunctions
Introduction In a significant achievement, Galadari Advocates & Legal Consultants successfully represented a party to a UAE-seated ICC arbitration before the Dubai Court of Cassation resulting in a pioneering decision upholding the authority of arbitral tribunals to issue anti-suit injunctions.
The Court of Appeal opines on contingent liabilities in the context of Guarantees of Peaceful Possession
Introduction In ‘Ruth Magro v. Ir-Registratur tal-Kumpanniji’ decided by the Court of Appeal on the 25th of February 2025, the Court of Appeal held that the guarantee of peaceful possession granted by the seller to the buyer in the context of a real estate transaction does not amount to a contingent liability, where such guarantee is …
Extending fiduciary duties: the Court’s recognition of employees’ fiduciary duties in Associated Supplies Limited vs Joseph Mizzi
On March 11, 2025, the Maltese Court of Appeal delivered a landmark judgement in Associated Supplies Limited vs. Joseph Mizzi, clarifying the scope of fiduciary duties under Maltese law. The court emphasised that such obligations extend beyond directors and trustees to include employees in key managerial positions or high-responsibility roles. The Court held that such duties …
Malta Transposes NIS 2 Directive into National Law through LN 71 of 2025
The NIS 2 Directive, the European Union’s latest legislative instrument aimed at enhancing cybersecurity resilience across the bloc, has officially been transposed into Maltese law. This was done through Legal Notice 71 of 2025, published on 8 April 2025.
The introduction of a security interest in finance lease transactions
Malta’s maritime industry is largely governed by the Merchant Shipping Act of 1973, Chapter 234 of the Laws of Malta (the “Merchant Shipping Act”), a legislative cornerstone regulating among others, vessel registration, security interests such as mortgages, safety standards, seafarers’ rights and shipowner obligations. Over the years, the Merchant Shipping Act has evolved to keep …
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CJEU clarifies when payment period can exceed 60 days under Late Payments Directive
Summary The Court of Justice of the European Union (“CJEU”) delivered a ruling on 6 February 2025 in the case of Przedsiębiorstwo Produkcyjno – Handlowo – Usługowe A. vs. P. S.A., (Case C-677/22) whereby it interpreted the applicability of Article 3(5) of Directive 2011/7/EU on combating late payments in commercial transactions (recast) (the “Late Payments …
IMPROPER ARREST BEING A GROUND OF BAIL – KARNATAKA HIGH COURT CLARIFIES
INTRODUCTION The question of whether an improper or irregular arrest automatically entitles an accused to bail has been the subject of considerable judicial scrutiny. This issue has gained renewed significance with the enactment of the Bharatiya Nagarik Suraksha Sanhita, 2023 (“BNSS”), particularly Section 483, which governs the grant of bail.
The requisites for the issuance of a precautionary warrant of prohibitory injunction
On 4th March 2025, the Civil Court (Commercial Section), presided by Madame Justice Audrey Demicoli, in the case “Advocate Joseph Mizzi as Special Attorney of Iurii Degtiar and Mykhailo Tretiak vs MB Shipping Limited (C 40945) and Tetiana Tyspkunova in her capacity as director of MB Shipping Limited, revoked the issuance of a warrant of …