Graz, Austria

Effects of Opening Insolvency Proceedings on Real Estate Purchase Agreements in Austria

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.

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Paris, France

Commercial Leases: A Lot of Disputes Arising from the Health Crisis

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.

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Warsaw, Poland

Poland – What is SAF?

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.

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video call

Zooming Out

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”.

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The Queen has a Gibraltar Trust

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.

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