Category: News

Applying for an Extension on Expired or Expiring Emphyteutical Concessions granted by the Government of Malta

On the 14th of July 2023, a legal notice titled “Expired or Expiring Emphyteutical Concessions Regulations 2023” (L.N. 161 of 2023), was published with immediate effect, introducing a system in which expired or expiring temporary or sub-emphyteutical concessions of land (whether residential, agricultural or commercial), which were originally granted by the Government of Malta or […]
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Interest on Late Payments in Commercial Transactions Increases to 12%

With the scope of encouraging enterprises and public authorities to comply with payment deadlines in commercial transactions, and to ensure the smooth functioning of the European single market, Directive 2011/7/EU of the European Parliament and of the Council of 16th February 2011 on combating late payment in commercial transactions was implemented. This Directive was transposed […]
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A secured roof over a pre-1995 leasing tenant – a well awaited win for the underdog!

On the 30th July 2021, the Rent Regulation Board, presided over by Magistrate Dr Simone Grech, in the case Ann sive Felicity Wismayer vs. Patricia Engerer brought forward the eviction of a tenant pertaining to the pre-1995 residential leasing regime, as requested by the plaintiff after having initially obtained a favourable judgment, delivered by the […]
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Dr Nicole’ Ann Demicoli made partner & Dr Joseph Camilleri promoted to Senior Associate with Salibastafrace Legal

Dr Demicoli joined the firm in 2019 as a senior associate and currently forms part of the firms’ Financial Services and Corporate Law branches.  Nicole’ obtained a Doctor of Laws Degree (LL.D.) in 2009 and a Master of Laws Degree in Financial Services in 2011 from the University of Malta. Nicole has been admitted as […]
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Guidance Note on the Recovery Measure regarding Income Tax and Duty on Documents and Transfers

The Capital Transfer Duty Department and the Office of the Commissioner For Revenue have published the revised guidelines in connection with the extension of the above-captioned fiscal incentives. The Guidance Note can be viewed here: https://cfr.gov.mt/en/inlandrevenue/legal-technical/Documents/Guidance%20Note%20on%20Recovery%20Measure%20ITA%20DDTA.pdf It is also confirmed that: The deadline for the publication of final deeds is now extended to January 2022. […]
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Auditors to shoulder a portion of the damages suffered by a creditor company which relied on published accounts in extending its credit to a debtor company

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 […]
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Dr. Ian Stafrace contributes to Grant Thornton webinar on shaping Malta’s future

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 […]
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