Oct
07

Business Mediation – Why Opt for Mediation in Business

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Business owners cannot afford continued contention, especially in highly competitive markets where effective communication is key. Whilst conflict cannot be avoided, it is an acknowledged fact that litigation provokes hostility. On the other hand, mediation fosters cooperation and respect. Traditionally, the process commonly resorted to for resolving conflict and disputes is litigation, which diverts attention and resources from achieving targeted commercial goals towards a lengthy and costly litigation process. Mediation provides a voluntary solution to this conu...
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Apr
24

Sub-Letting of commercial tenements after 31st May 2018 – let it be! – (2)

Sub-Letting of commercial tenements after 31st May 2018 – let it be! – (2)
Reference is made to our previous article entitled ' Sub-Letting of Commercial Tenements After 31 st May 2018 – Let it Be! ', which dealt with the (then) proposed amendments to article 1613 of the Civil Code. In that article, we gave an overview of the salient provisions contained in the Bill which was being discussed in Parliament. Following the debate in Parliament on the Bill presented by the Government and following various interventions in the debate, the Bill remained unchanged and the amendments were subsequently introduced by means of Act VIII of 2018. The...
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Mar
08

Sub-Letting of Commercial Tenements After 31st May 2018 – Let it Be!

Sub-Letting of Commercial Tenements After 31st May 2018 – Let it Be!
In terms of article 1531I of the Civil Code, as introduced by the amendments to the rent laws in 2009, a lease of commercial premises made before the 1 st June 1995 shall terminate on 31 st May 2028, unless a specific period has been stipulated in a contract and subject to the other specific provisions contained in this provision as may be applicable in a given case. In the case of sub-letting of commercial tenements made before the 1 st June 1995, these shall terminate on 31 st May 2018. This cut-off date does not apply if the sub-lease was made by agreement with...
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