As the law firm with the largest dedicated maritime practice in the world, we are proud to be long-standing supporters of London International Shipping Week, which in a short time has grown to be one of the world’s premier maritime events.
All German companies will soon have to report on their ownership structures to the German Transparency Register as a new law has abolished simplifications that previously applied to the majority of companies.
Following recent EU and German court decisions, the German tax authorities have advised that lump-sum remunerations for supervisory activities will generally not be subject to VAT; though exceptions may apply for remuneration schemes comprising of fixed and variable payments.
This article explores the increasing trend for private equity investments in the shipping sector to take the form of preferred stock in either publicly listed or private companies, rather than through establishing a joint venture with an established shipowner.
On 10 June 2021, the German Parliament (Bundestag) adopted the Act on the Implementation of the Digitalisation Directive (Gesetz zur Umsetzung der Digitalisierungsrichtlinie, DiRUG) of the European Union, setting the framework for the online formation and registration of branches of new businesses in Germany.
Watson Farley & Williams (“WFW”) has advised the Hensoldt group (“Hensoldt”), leading German manufacturer of defence technology, on establishing a joint venture in advanced 3D printing systems with Israel-based Nano Dimension.
We advised Kenergy Ventures BV on the formation and implementation of a joint venture agreement with Reden Development Spain S.L. to develop photovoltaic projects in Spain. This joint venture is the first step in a long-term alliance between Kenergy and Reden Solar to develop renewable energy projects in Spain.
We advised Stemly Pte Ltd. on its spin-out from ING Singapore’s start up incubator, ING Labs Singapore.
The HyBRIDS project’s primary objective is introducing green hydrogen into the Italian gas network through the use of innovative technologies aimed at making hydrogen produced from renewable sources and with low emissions more easily usable by civil and industrial users.
Corporate and M&A Partners Daniel Saunders and Mark Tooke, in a feature article for Bunkerspot, discuss the increase in M&A, joint venture and direct investment activity in maritime technology from investors both within and outside of the maritime industry.