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Clarice Debono

Clarice Debono is an Associate within the Corporate and M&A Department. She graduated with a Bachelor of Laws (Honours) in 2024, with a dissertation entitled, “The Defunct Procedure under the Companies Act: a Critical Analysis of Article 325 and the Practical Process Thereof”, and subsequently obtained her Master of Advocacy in 2025.

Clarice joined Mamo TCV Advocates in 2023 as a legal trainee and has gained experience across a range of practice areas. She now primarily focuses on commercial & corporate law, property and inheritance matters, the corporate aspects of aviation and has experience in insurance litigation.

Judgement on the Right to Enforce a Promise of Sale Agreement Litigation & Dispute ResolutionReal Estate & Construction

Judgement on the Right to Enforce a Promise of Sale Agreement

In a judgement delivered on the 5th December 2025 having application number 1187/2023(HM), the Civil Court, First Hall affirmed that for a contracting party to enforce a  promise of sale agreement and invoke the right of action as contemplated under the Civil Code, Chapter 16 of the Laws of Malta, that party must be in a position to appear on the final deed of sale. The right of action for the enforcement of a promise of sale agreement features in Article 1357(2) of the Civil Code, which  provides that, “The effect of such promise shall cease on the lapse of…
Veronica Grixti and Clarice Debono
22nd December 2025
Typical Maltese townhouses
Legal Notice Introduces Possibility of Amending or Revoking Conditions in Contracts of Sale and Emphyteusis Real Estate & Construction

Legal Notice Introduces Possibility of Amending or Revoking Conditions in Contracts of Sale and Emphyteusis

On the 23rd August, 2024 a new set of regulations (the “Regulations”) were promulgated under Legal Notice 196 of 2024 enabling requests for the amendment or revocation of conditions imposed in the original deed of sale or emphyteusis concerning property transferred by the Government of Malta (the “Government”), the Lands Authority (the “Authority”), or any ecclesiastical entity which subsequently transferred the title to the Government. Such Regulations shall apply to both new applications as well as to those already pending before the Authority at the time of their entry into force. Application to the Lands Authority These Regulations allow any…
Dorita Cardona and Clarice Debono
27th September 2024
Mamo TCV Advocates: Insurance
Key Decision by the Financial Arbiter on Life Insurance Policies with Investment Insurance & ReinsuranceLitigation & Dispute Resolution

Key Decision by the Financial Arbiter on Life Insurance Policies with Investment

In a decision given on the 8th of August 2024 with respect to the case ASF 013/2024, the Arbiter for Financial Services (hereinafter referred to as the ‘Arbiter’) rejected a complaint filed against a Life Insurance Provider regarding a life insurance policy with an investment element which the complainant had purchased from the Life Insurance Provider in the year 2000. The complainant claimed that the said policy had matured to a significantly lower amount than what he alleged was initially promised upon its purchase. More specifically, the complainant asserted that he bought the life insurance policy as he believed that…
Jeanine Mallia Schembri and Clarice Debono
3rd September 2024
The Concept of a Share Buyback Under the Companies Act Corporate and M&A

The Concept of a Share Buyback Under the Companies Act

A share buyback essentially occurs when a company acquires some of its own shares through means other than by subscription. Such acquired shares are colloquially referred to as treasury shares and allow for flexibility with regards to the company’s capital structure since the sale thereof does not constitute an allotment or issue of shares and thus the restrictions imposed thereon do not apply.1 The procedure which a company must necessarily undertake in order to validly buy back its own shares is outlined in Articles 106 and 107 of the Companies Act (Chapter 386 of the Laws of Malta) (the “Companies…
Clarice Debono and Joshua Chircop
31st October 2023