UAE STRUCTURING SERIES – FROM GOOD TO GREAT: THE CONSTANT EVOLUTION OF UAE’S STRUCTURING ENVIRONMENT

The Constant Evolution of UAE’s Structuring Environment   Over the past  few years, the United Arab Emirates has proactively positioned itself not only as a competitive and tax free place to do business, but as an increasingly versatile and sophisticated structuring hub, with a regulatory framework to match. The present article – the first of a […]

Ortiz Hernandez y Orendain SC joins IR as the exclusive Tax (Law) Member in Mexico

IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Luis Ortiz Hidalgo of Ortiz Hernandez y Orendain SC . Luis has joined IR as our exclusive Tax (Law) Member in Mexico. If you have a requirement in this area, please get in touch with Luis directly or with the IR Global head office for […]

Luis Ortiz HidalgoPartner, Ortiz Hidalgo y Hernández S.C.

Competition law: Goods on display must feature total price on label

The final cost of goods on display needs to be readily apparent to customers. According to a recent ruling of the Oberlandesgericht (OLG) Hamm [Higher Regional Court of Hamm], quoting only part of the price constitutes a violation of competition law. The instant case before the Oberlandesgericht Hamm concerned an exhibition piece at a furniture […]

Michael RainerManaging Partner, MTR Rechtsanwälte

Terminating employment relationship and prior formal warnings

Formal written warnings play an important role in the field of employment law, with one often being a prerequisite to the employer effectively terminating an employment relationship. Generally speaking, a prior formal warning is necessary if the reason cited for terminating the employment relationship relates to the conduct of the employee in question, i.e. in […]

Michael RainerManaging Partner, MTR Rechtsanwälte

Purchase of further tax CDs possible – Voluntary disclosure for tax evasion

Since 2010, the German exchequer has reeled in a nationwide total of around six billion euros by way of voluntary declarations for tax evasion. For tax dodgers, voluntary disclosure remains the only way out. While the number of voluntary declarations has gone done noticeably in recent months, this should in no way give tax evaders […]

Michael RainerManaging Partner, MTR Rechtsanwälte

GENERAL SHAREHOLDERS’ MEETING FOR THE MINORITY SHAREHOLDERS OF THE S.A.

 Remember: It is important to identify yourself correctly. Ask for information up to 7 days before the Meeting. Request the information for 25% of the share capital to avoid being denied. 5% of the share capital to request the appointment of Accounts Auditor. 5% of the share capital to request a notary presence in the […]

Reform of law governing challenges to debtor’s transactions in insolvency proceedings

The reform of insolvency law is meant to bolster the rights of creditors in the event that a business partner becomes insolvent as well as provide greater legal certainty. Insolvency law foresees the possibility for the insolvency administrator to recover payments made by the insolvent debtor prior to becoming insolvent. This has resulted in payees […]

Michael RainerManaging Partner, MTR Rechtsanwälte

Infrastructure projects and its role in economic development of Afghanistan

Development and modernization of infrastructure in Afghanistan started is the second largest economic sector in this country which made a considerable amount of internal and external investment opportunities in various sectors. Among these, Afghan sources corridors program is one of the basic and extremely important to the government of Afghanistan that generally, specify national investment […]

GRP Rainer Rechtsanwälte – Assessing trademark violations

Protecting your brand is crucial. One ought to take resolute action against trademark violations. That being said, you should first assess whether a trademark violation has in fact occurred. Trademarks result in greater brand recognition among consumers and are accordingly of great significance to businesses. It is therefore all the more important to seek protection […]

Michael RainerManaging Partner, MTR Rechtsanwälte

OLG Köln: Heir must be defined with sufficient clarity in will

Testators need to define their heirs with sufficient clarity in wills, because the will might otherwise be invalid. That was the verdict of the Oberlandesgericht (OLG) Köln [Higher Regional Court of Cologne] in its ruling of November 14, 2016 (Az.: 2 Wx 536/16). By drafting a will, the testator is able to circumvent the rules […]

Michael RainerManaging Partner, MTR Rechtsanwälte