Tag Archives: real estate

ILN Today Post

Ekenberg & Andersson employs Martin Szydlowski and Karin Engström

Ekenberg & Andersson has recruited attorney at law Martin Szydlowski. Martin will primarily be working within the fields of dispute resolution, real estate law and commercial contract law. Previously Martin has worked at the Swedish Transport Agency. Ekenberg & Andersson are looking forward to Martin join the firm on 1st of June 2017!

Ekenberg & Andersson has recruited Karin Engström as marketing- and office coordinator.  Karin has a Bachelor of Political Science from Uppsala University. In addition to being marketing- and office coordinator Karin also offers administrative assistance to the lawyers and attorneys.

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Supermarkets and ships: solicitors in shock!

Well, not quite shock.

Two cases from November 2016, from different divisions of the High Court, have stood out as providing specific advice, or more accurately warnings, to contract drafters, be they solicitors or not. The cases concern very different industries, but each contain an important message to contract drafters and clients: in all elements of commercial contract work, be as clear as possible when drafting your contract, if you want to avoid costly disputes.

 

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Planning new experiences? What you need to know

How public attractions are used is changing.  There is a growing recognition of the increasing demand for a broader night time culture and entertainment offering, which in turn is leading to cities starting to re-evaluate their night time economies.  Sleepovers already allow guests to experience a night at the museum or the zoo and the success of such events is leading to a demand for better quality accommodation.  Some zoos are seeking to capitalise on this demand by offering permanent accommodation that allows guests to stay overnight in an immersive conservation experience.

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ILN Today Post

Har du kjøpt bolig med ulovlig hybel?

Høyesterett har nylig avsagt en avgjørelse som har betydning for erstatningsutmålingen til kjøpere av boliger som har ulovlig utleiedel.

Saken gjaldt en boligselger som hadde unnlatt å opplyse kjøper om at de to utleiehyblene på boligens loft ikke var godkjent. Kjøperne hadde betalt 3,15 millioner kroner for boligen i 2013. I markedsføringen var det fremhevet fra selgernes side at hyblene genererte gode inntekter. For at en bolig lovlig skal kunne leies ut må den være godkjent av bygningsmyndigheten, det var ikke tilfelle i saken. Det ville koste om lag 1,6 millioner å sette hyblene i slik stand at bygningsmyndigheten ville godkjenne dem for varig opphold, som er et krav ved utleie.

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Blandede ejendomme – skattemæssige udfordringer

Mens vi venter på en ny vurderingslov, er der forskellige udfordringer for især ejendomme, der både anvendes privat og erhvervsmæssigt.

Blandede ejendomme er et begreb, der stammer fra vurderingssystemet og dermed vurderingsloven.

Det vurderingssystem, der har været i Danmark, har i en længere årrække været sat på hold, fordi de vurderinger, der kom, ikke var retvisende. Det forventes, at der etableres et nyt juridisk grundlag for en ny vurderingslov inden sommerferien 2017, og at vurderingerne igen kommer til at virke fra 2018 for ejerboliger og fra 2019 for ikke-ejerboliger.

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Will you be caught within the expanding cover of the Retail Leases Act?

The recent decision by the Supreme Court of Victoria in CB Cold Storage Pty Ltd v IMCC Group (Australia) Pty Ltd [2017] VSC 23 endorses a wider interpretation of what is considered a ‘retail premise’ for the purposes of the Retail Leases Act 2003 (Vic) (RLA). As a result of this decision, it is clear that the ‘ultimate consumer’ test could be satisfied by either commercial or private consumers and that most service businesses will be found to be involved in the ‘retail provision of services’ and subject to the RLA. As a consequence, leases which have previously been considered to fall outside the scope of the tenant friendly RLA provisions may, in fact, be regulated by its provisions, without landlords or tenants realising.

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J. Donald Wasil and Alexander Tachmes Lead $36M Hotel Deal

As recently reported in the Daily Business Review, Real Estate partners J. Donald Wasil and Alexander Tachmes assisted their client Hersha acquire the Ritz-Carlton Coconut Grove for $36 million. They guided a smooth transaction between Philadelphia-based Hersha and Miami-based hospitality group Gencom.

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End to an unjust fine?

Under current practice the Tax and Customs Administration (NAV) fines taxpayers that are caught with a VAT shortfall even if the budget has sustained no losses. An opinion recently published by the Advocate General of the European Court of Justice could spell the end for this extremely unfair and much criticised procedure.

The VAT treatment of certain transactions can often be problematic, and it is by no means uncommon for the parties in the transaction to end up misinterpreting – together and in good faith – the relevant provisions of the VAT Act. The parties may, by mistake, treat a transaction that is subject to a reverse charge as a regular transaction, or vice versa.

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ILN Announces Release of “Buying & Selling Real Estate: An International Guide”

2016We’re excited to announce today the release of the first edition of our real estate guide, “Buying & Selling Real Estate: An International Guide.” The collaborative electronic guide provides an overview of the legal aspects of buying and selling real estate in eleven jurisdictions internationally. It is designed to serve as a quick and practical reference for those buying or selling real estate in these jurisdictions.

As the facilitator of the guide, I can say that we’re delighted to publish this collaborative work and showcase the strength and depth of the combined expertise of our real estate lawyers. We already have plans to add additional jurisdictions to the publication, which will be regularly revised, to make this a comprehensive and up-to-date source of information. Like our corporate guide on establishing business entities, this is a real labor of love.

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ILN Today Post

Dej-Udom & Associates Newsletter – July 2016

Tourism Initiative Launched
Recognizing the importance of maximizing the region’s tourism market, ASEAN will launch the Mutual Recognition Arrangement for Tourism Professionals (MRA-TP) initiative in August. The initiative will set standardization and benchmarking skills for 32 hospitality and tourism job profiles, require 52 qualifications for different positions, and create 242 training “toolboxes” to help workers achieve the qualifications.

Work Forces Aging
A recent report by a global consulting firm says that Singapore, Malaysia, Indonesia, and Thailand account for over 75% of ASEAN’s US$2.45 trillion economy.

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