Understanding the New Prospectus Regulation

Authors: Nicholas Curmi, Beppe Degiorgio
Published on September 20, 2019
Tags: , ,
Practices: Capital Markets
Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market (the Prospectus Regulation / Regulation) entered into force on 20 July 2017 but it only became fully applicable on 21 July 2019.

AG Pitruzzella explores the maintenance of a consumer contract’s validity under the Unfair Contract Terms Directive

Authors: James Debono
Published on September 18, 2019
Tags: ,
Practices: Banking Regulatory
On the 14 May 2019, Advocate General Pitruzzella from the Court of the Justice of the European Union (CJEU) delivered his opinion on Case C‑260/18 “Dziubak vs. Raiffeisen Bank International AG”, following a request for a preliminary ruling from the Regional Court in Warsaw (Poland) relating to a case which ended up in a standstill concerning unfair terms in consumer contracts.

Redemption of Land belonging to the Government of Malta or to the Lands Authority – Recent Legal Developments

Authors: Antoine G. Cremona, Nigel Micallef
Published on September 10, 2019
Tags: ,
Practices: Environment & Planning
Legal Notice 216 of 2019, which was published on the 27th of August 2019, will re-introduce a mechanism for the redemption of ground-rent for land which belongs to the Government of Malta or to the Lands Authority under a title of revisable perpetual emphyteusis. This Legal Notice is limited to the latter and shall not change the legal provisions regulating emphyeusis between private party owners.

New Hague Judgments Convention – a timely counterpart to the 1958 New York Convention

Authors: Luisa Cassar Pullicino, Antoine G. Cremona
Published on August 27, 2019
Tags: , , ,
Practices: Litigation, Arbitration & ADR
On the 2nd of July 2019, the Hague Conference on Private International Law concluded the new Hague Judgments Convention (the “Convention”), described as a “game changer for cross-border dispute settlement”. This Convention deals with the recognition and enforcement of foreign judgments delivered by the courts of its Contracting States.

State aid considerations in relation to progressive rates of taxation

Authors: Christina Scicluna
Published on August 1, 2019
In a judgment of the General Court (EGC), delivered on the 27th June 2019, the General Court considered the application put forward by Hungary seeking to annul a Commission Decision (EU) 2017/329 of the 4th November 2016 relating to the implementation by Hungary on a taxation imposed on advertisement relating to broadcasting or publication of advertisements specifically in relation to those persons who make advertisements public (newspapers, audiovisual media, billposters).