In September 2018 the Automatic Exchange of Information (AEOI) has begun between Lebanon and other current reportable jurisdiction, among which Italy, France, and Belgium.
La nostra collega Avv. Gabriella Opromolla, scrive per Diritto24 – Il Sole24ore – sulle ultime novita’ in tema di strategie aziendali per la sostenibilità
“In estrema sintesi, appare ormai chiaro che sostenibilità e governance sono un aspetto necessario, ma non indipendente dalle strategie aziendali. E la governance non è fine a se stessa, ma uno strumento per migliorare la gestione dell’impresa nell’ottica di creare valore per gli azionisti tutelando tutti gli stakeholders.”
Leggi l’intero articolo cliccando qui
Christian Louboutin’s ‘red sole’ has been recently declared a “well known” trademark by the decision of the Delhi High Court, having aggregate damages and cost awards recognized, but not punitive damages.
Nonetheless, the (indeed) renowned trademark has not obtained the same strong protection all over the world and in Europe it is still waiting for the decision of the EU Court of Justice in case C-163/16, Christian Louboutin SAS v Van Haren Schoenen BV.
Read and download the full article by clicking here.
“The lack of data protection legal framework in Lebanon does not prevent businesses from needing to comply with data protection principles.
Recent history reveals that even a premium tv network, like HBO, and its best series, Game of Thrones, are not immune to cyber attacks. Therefore, it is essential to create best practices that comply with the data protection laws of as many countries as possible and regularly review them.”
Read the full article here.
“There’s been a breach!” is a quote from countless movies and television shows over the past few decades, but what happens with it’s a breach into a company that has sensitive information about its customers.
This article, the first of a series, gives an overview on what recently happened to Equifax, a U.S. consumer credit reporting agency, and the massive regulatory obligations that the protection of any data system can lead to.
Click, please, here to download the article.
Following the issuance of the UAE VAT law at the end of August, and the simultaneous launch of the UAE Federal Tax Authority (FTA) website, businesses and individuals can now start to make changes to their core operations, financial management and book-keeping, technology, as well as human resources and consultants when necessary.
This article provides an introduction to the new tax system, an overview on the procedure and the control of the FTA, and last but not least the preliminary information about Excise and VAT, and the initial obligations to undertake under the law.
In the upcoming weeks, we will provide for specific updates with regard to tax system, and in particular the application of the VAT:
- VAT for the import-export of goods and services
- Intra-GCC Supplies
- VAT for consumer business
- VAT and real estate
- The fiscal system and the Free Zones’ entities
Stay tuned and do not hesitate to contact us for any further information!
The economy of a country is usually supported and boosted by the Government. In Lebanon, instead, the Central Bank or Banque du Liban has taken on the role for years now, due to the long governmental inactivity and the political impasse.
The recent formation of a national unity government – after the longest presidential vacancy in the country’s history – generated hope worldwide towards a new start for the country to get back on track both at the local and the international level. Nonetheless, Banque du Liban still plays an important role.
To learn more, feel free to download the article by clicking here.
The Stephen Malcolm Gore N.O. case in 2012 gave the South African judicial system its first chance to apply the new provision of its updated company law, Section 20(9) of the Companies Act, 2008, which was meant to provide significantly more certainty and indeed visibility to the doctrine of piercing the corporate veil.
While there are many ways to pierce the corporate veil under both common and statutory law, the new statutory basis for doing so also raised new questions: (i) what is ‘unconscionable abuse’, (ii) who may invoke and use sec. 20(9), (iii) how is sec. 20(9) to be invoked, (iv) what orders may be made under sec. 20(9), (v) does sec. 20(9) override the common law, (vi) and is the statutory provisions to be used as a remedy of last resort?
To read more, feel free to download the article by clicking here
The enforcement of foreign judgments in the UAE is subject to the regulations provided by the UAE Code of Civil Procedure as well as the several bilateral and multilateral international conventions to which UAE has adhered. It is important to note that the same laws and regulations for the enforcement of such judgments apply in all the seven emirates of the UAE (i.e. Abu Dhabi (the capital), Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm al-Quwain).
A study thoroughly explaining the applicable laws, needed documents and required procedures to enforce foreign judgments in the UAE, was prepared by one of our associates, Christiane Ghneim. This study will be published by Kluwer Law International in May 2017.
Feel free to download the article by clicking here.