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New Commercial Court

After an agreement was reached with the judiciary and due approval was obtained in Parliament, a new Commercial Court will enter into force on 9 April 2018, as a sub-section of the existing Civil Court. The Commercial Court has previously existed in Malta, albeit having a different jurisdiction, but recently sentiment has grown that the...

DZ&A at IBA European Start Up Conference

David Zahra and Krista Ellul have attended the IBA European Start-up Conference held in London on 15 November 2017. The conference took place at Level39, Europe’s largest technology accelerator for finance, retail, cyber-security and future cities technology companies. The conference focused on the current trends in the European start-up industry and the latest funding terms in Europe...

DZ&A contributes to the 5th Edition of ‘Global Legal Insight – Mergers & Acquisitions’

David Zahra, with the valuable assistance of Francesca Ferrando, has contributed to the Maltese chapter in the fifth edition of Global Legal Insight – Mergers & Acquisitions published by Global Legal Group Ltd, London. The article fmailto:francesca@davidzahra.comirst gives an overview of the Maltese market, then explores the relevant laws that govern mergers and acquisitions and finally highlights recent developments and...

Amendments to the Companies Act

The right to equal pay between men and women for equal work or work of equal value has been a founding principle of the European Union since the Treaty of Rome in 1957. Despite the legal framework, the effective implementation of this principle remains a major challenge in the European Union. The Companies Act, in...

Maltese companies top the 70,000 mark

Evidence of Malta’s growth as a domicile of choice for the incorporation of companies is the number of companies being registered with the Registry of Companies in recent years. The number of companies registered in Malta has now topped the 70,000 mark, the Minister for Finance said during a half-day conference organised by the Malta Law...

MFSA updates Corporate Governance Manual for Fund Directors

Considering the vital role directors play in the proper operation of an investment fund and investment companies, the Malta Financial Services Authority (“MFSA”) has recently updated the Corporate Governance Manual for Directors of Investment Companies and Collective Investment Schemes by taking into account the requirements of the Alternative Investment Fund Managers Directive (2011/61/EU). The Manual was...

Amendment to provisions relating to private exempt companies

The provision dealing with limited liability companies having the status of a private exempt company (article 211 of the Companies Act) has recently been amended to remove the condition that for a company to qualify for such status, no body corporate could hold, or have interest in, any shares or debentures of that company. Accordingly, as long...

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