By Mario Kapp and Raffaela Lödl-Klein, KAPP & PARTNER Rechtsanwälte GmbH
Real estate often represents a substantial part of the assets of a person or company. If insolvency proceedings are opened against the owner’s assets, naturally the insolvency administrator seeks to keep the property within the insolvency estate. However, if the current debtor has only recently concluded a purchase contract regarding the property, the question arises as to whether the property remains in the debtor’s assets.
By Pierre-Yves Rossignol, Herald
Since the beginning of the health crisis, the French government has taken a series of measures trying to stem the economic and financial consequences of the epidemic linked to the spread of the COVID-19 virus. For almost three months, all shops and businesses (except for food stores) were closed down.
By Artur Plutowski, EFS Group Sp. z o.o.
The Standard Audit File for Tax (SAF-T) is a concept developed by the OECD and adopted by some EU Members (e.g. Austria, France, Lithuania, Luxembourg, Portugal, Poland). It is designed to provide tax authorities with reliable accounting data, exported from an accounting system, for a specific time period, easily readable by virtue of its standardisation of layout and format.
By Elisabeth Colson, Devry Smith Frank LLP
Sheltering in place is easier when needs can be met by a mouse-click, whether shopping, paying bills, or connecting with the outside world. Yet people are more frequently declining webinar invitations, and group catch-up calls now seem draining rather than fun. Yes, video fatigue is a “thing”.
By Nathan Perez, Abacus Financial Services Ltd
Yes, only it’s not that queen that you’re thinking about. But still, if royalty thinks a Trust in Gibraltar is worth having, then that’s got to be a good start.