Recent News Found 123 Matches

Maya and Gidi Barber, have signed on 14/12/14 on a document with the headline, "proposal irrevocable purchase”. This document was delivered to Eran Amour, who was the owner of a plot in Kiryat Tivon and was supposed to build a luxury residence on the plot. The price was set to 2,650,000 NIS. Together with the offering document, the parties reached an agreed-upon version of the sale agreemen...

On July 24, 2015, Shahal entered into an ILS 440 million merger agreement with the Chinese company. The parties agreed, among other things, that the Chinese company will transfer a “signature deposit” to a trustee, in a sum of 20% of the deal’s value, in two parts. The parties furthermore agreed that their duty to execute the companies’ merger and perform all other actions due under the agreement ...

Following several previous unsuccessful attempts to overhaul and reposition the petroleum industry in Nigeria, the executive arm has once more sponsored an updated version of the Petroleum Industry Bill 2020 for legislative deliberation and passage into law. The bill has scaled through 1st reading and is awaiting further action as it motions through the various legislative processes. Some of the s...

The golden color of a chocolate Easter bunny is not protected as a color mark. The Oberlandesgericht (OLG) München – the Higher Regional Court of Munich – found that the producer in question did not enjoy any trademark rights in relation to the color. In the weeks leading up to Easter, supermarket shelves are stacked with chocolate bunnies. One producer has been packaging its chocolate bunnie...

With Wirecard AG now insolvent, investors are potentially facing severe losses. Shareholders and investors in Wirecard bonds and derivatives can assert claims for damages. While the extent of Wirecard creditors’ losses is as yet incalculable, the liabilities of the former DAX-listed company are likely to be enormous. Media reports are quoting a figure of 1.6 billion euros in bank loans alone. This...

Under sec. 7 (1) Foreign Tax Act (AStG), income from so-called intermediate companies (companies generating income within the meaning of sec. 8 AStG with registered office or business operations outside Germany, in which German unlimited taxable persons hold an interest of more than 50%) is taxable in Germany in the amount corresponding to the (domestic) participation in this intermediate company....

Mediation is increasingly the first choice as a method for resolving disputes. The benefits of include lower costs, a less formal environment and the knowledge that all parties are committed to finding resolution. Giambrone’s lawyers in the dispute resolution and litigation team have extensive experience of successfully obtaining satisfactory conclusions for our clients in a wide range of contenti...

A. Information about the Emerging Companies Market The Emerging Companies Market (ECM) is considered as a Multilateral Trading Facility (MTF) according to “the provision of Investment Services, the exercise of investment activities, the operation of regulated markets and other related matters” Law 144(I)/ 2007. The ECM operates according to the Regulative Decisions adopted by the Cyprus Stock Exch...