On the 20th of July 2023, ClearFlowPlus p.l.c., a fully owned subsidiary of the Water Services Corporation, the main water services provider in Malta, has published a Prospectus in respect of the issue of up to €25 million 10-year bonds, to finance certain green projects of the Group, and which is marketed as the first […]
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 […]
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 […]
In a judgement delivered by the Court of Appeal, the Court upheld an appeal which was filed by the Defendant. In this case, the Plaintiff Company alleged that it was despoiled of its possession of a private road abutting onto its property. The Plaintiff Company claimed that this act of spoliation was caused by the […]
When entering into a contract, it is important to be able to distinguish between clauses which impose absolute obligations, and endeavour obligations, on a contracting party. Absolute obligations require an obligor to actually carry out the objective e.g. to pay a price, or to register a hypothec, where it is the result which is of […]
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 […]
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 […]
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. […]
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 […]
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 […]