On May 2, 2019, Title III of the Helms-Burton Act came into force, governing the possibility for U.S. citizens affected by the expropriation of properties due to the Cuban revolutionary process to take legal action to claim compensation from the people who traffic in them. The U.S. International Claims Settlement Registry has identified some 6,000 potential claims. In this scenario, it is key to know the duties of information and relationship with the European Union that can be demanded of the addressees of such claims; as well as to plan in advance the reactive judicial measures that may be initiated in the EU to neutralize or mitigate the effects that these procedures may have for individuals and companies from the EU Member States.
As we come to the first anniversary of our internal arbitration newsletter, we are pleased to introduce a new series of articles exploring practical aspects of international arbitration. We begin this month with: 'Why arbitrate?'
Combatting tax abuse by making regulations stricter has become a permanent feature of changes in legislation that traditionally apply to taxpayers from the beginning of a new year. This is the purpose behind the introduction, starting from 2019, of the obligation (applying to both legal/advisory financial businesses and their clients) to report tax arrangements (known as the Mandatory Disclosure Rules or MDR) and the change in accounting for withholding tax (WHT) based on preferential rates, consisting in introducing the obligation to recover this tax after it has been paid. The introduction of the so-called exit tax, in turn, is to discourage taxpayers from transferring their businesses outside Poland.
Its aim is to enhance development and competitiveness of start-ups. P.S.A. as legal form easy to incorporate, run and dissolute is among others dedicated to small technological firms demanding freedom and flexibility in running business. Incorporation and running of P.S.A. is to be simpler, faster and cheaper than other companies.
The Spanish government has adopted a range of contingency measures to prepare for the event of the United Kingdom leaving the European Union without an agreement on March 30, 2019. They are temporary measures approved through Royal Decree-Law 5/2019, of March 1, 2019. In this article we discuss the ones relating to employment and social security, to judicial cooperation in civil and commercial matters, to financial services, and to customs.
The Court of Justice of the European Union (CJEU) has rendered two judgments that bring significant elements for interpreting the Parent Subsidiary Directive (PSD) and the Royalties and Interest Directive (RID). Both judgments were rendered on February 26, in joined cases C-116/16 and C-117/16 and joined cases C-115/16, C-118/16, C-119/16 and C- 299/16.
In this month's newsletter, we take a look at how artificial intelligence tools can assist in international arbitration with predicting behaviors, analyzing information or gauging the outcome of a dispute. We also round up in this issue all the recent news in the field of international arbitration by geographic area.