On the 29th of September 2020, the Commercial Court considered article 300A of the Companies Act, Chapter 386 of the laws of Malta, and delved into further detail on what could constitute an “asset” according to the same provision. The merits of this case regarded a vendor company which, by means of a contract of […]
The Ministry for Transport, Infrastructure and Capital Projects, has recently published Legal Notice 369 of 2020, entitled “Extension of Temporary Emphyteusis in a Contract for a Commercial Premises Transferred from the Government, the Lands Authority or Ecclesiastical Entities by Title of Emphyteusis Regulations, 2020”. According to these new regulations, as of the 5th of October […]
On the 30th of October 2015, the Constitutional Court confirmed a decision by the First Hall Civil Court, dated 15th July 2014, wherein it declared that the expropriation of the utile dominium of a piece of land found on Triq ix-Xatt, Ta’ Xbiex, which is presently occupied by the Royal Malta Yacht Club, was carried […]
According to the Private Residential Leases (Tax Rebate) Rules, 2020 (Legal Notice 258 of 2020) issued on the 23rd of June 2020, a person who derives income from a private residential lease could be entitled to a tax rebate if all conditions are satisfied as hereinunder explained. These rules apply to income derived on or […]
In a situation where a vendor (the original vendor) has sold a property by way of a contract of sale, and his purchaser (Purchaser A) later contracts into a second contract of sale with a second purchaser (Purchaser B), the question is – would Purchaser B be bound by the conditions of the original contract […]
On Wednesday 29th July 2020, Parliament unanimously approved Bills no. 140 and 141 of 2020 at Committee Stage, before it adjourned for summer recess. These Bills endeavour to make significant reforms to the Constitution of Malta, by amending the appointment of the President of Malta; the Chief Justice; Judges and Magistrates; and altering the composition […]
On the 9th of July 2020, the Court of Appeal presided by Mr. Justice Giannino Caruana Demajo, Mr. Justice Joseph R. Micallef and Mr. Justice Anthony Ellul, pronounced itself in its appellate state with regards to a previous decision of the First Hall Civil Court. The Court of Appeal confirmed that the defendants, auditors of […]
On the 10th of July 2020, a Legal Notice entitled Companies Act (Public Companies – Annual General Meetings) Regulations, 2020, was published addressing those public companies whose annual general meeting was due during the global COVID-19 pandemic. The regulations apply to those public companies which, due to the closing of certain venues and restrictions on […]
Salibastafrace Legal Partner, Dr. Ian J. Stafrace recently participated in the webinar series by Grant Thornton, entitled “Shaping Malta’s Future: the new norm”. The session themed “The virtual courtroom: will it enable justice to prevail?” discussed the key areas focusing amongst others: · the right to an effective justice system – and the impact of […]
The Court of Appeal on the 20th of July 2020, has confirmed a previous decision of the First Hall Civil Court, wherein the court ordered two contractors and an architect to pay more than € 67,000 jointly in damages, to the family members of a woman deceased after a property collapse in Sliema. The collapse […]