Skip to main content
All Posts By

Mikiel Calleja

Mikiel Calleja is a senior associate in the corporate and finance practice of the firm. Mikiel’s main practice areas are mergers and acquisitions, capital markets, corporate finance and general corporate/commercial. As counsel to financial institutions and public and private companies, he has significant experience in corporate transactions and financing including local and cross border mergers, acquisitions and restructuring, related financing and security arrangements, private and public offerings of securities and often advises public companies on regulatory requirements. Mikiel is also regularly involved in various corporate and company law matters and has both assisted and managed in vendor and purchaser related legal due diligence.

Mikiel has recently also had a paper entitled “Piercing the Corporate Veil: Greening Companies’ Governance and Shareholder Activism” published in the peer reviewed IUCN Academy of Environmental Law Journal.

EU Directive introduces measures amending composition of Boards of Directors.
EU Introduces Directive to Improve Gender Balance on Companies’ Boards of Directors Corporate and M&A

EU Introduces Directive to Improve Gender Balance on Companies’ Boards of Directors

Over the past few weeks, the European Union has issued somewhat of a landmark act which is aimed at addressing the topical issue surrounding the lack of women in top-level corporate positions. Following nearly a decade of negotiations after its first proposal in 2012 by the European Commission, the Union has introduced the so-called “Women on Boards” Directive: Directive 2022/2381 on improving the gender balance among directors of listed companies and related measures (the “Directive”). The Directive’s principle objective is that at least forty percent of non-executive director posts, or a third of all director posts on publicly-listed corporations, irrespective…
Mikiel Calleja
16th December 2022
A brief overview of the Insolvency Practitioners Bill
The Proposed Insolvency Practitioners Bill Corporate and M&A

The Proposed Insolvency Practitioners Bill

The Insolvency Practitioners Bill (‘the Bill’) is at its second reading in Parliament. The Bill is intended to partially transpose EU Directive 2019/1023 (‘the Directive’) on preventive restructuring frameworks, on discharge of debt and disqualifications, and on measures to increase the efficiency of procedures concerning restructuring, insolvency and discharge of debt. The Bill regulates the profession of the Insolvency Practitioner (‘the IP’), whose role is envisaged by the Directive to be one which is not subject to mandatory appointment in all cases, but which is left at the discretion of each Member State. The Pre-Insolvency Bill provides that a preventive…
Mikiel Calleja
30th November 2022
The Proposed Pre-Insolvency Bill A review of the relevant sections of the Pre-Insolvency Bill
The Proposed Pre-Insolvency Bill Corporate and M&A

The Proposed Pre-Insolvency Bill

The Pre-Insolvency Bill (‘the Bill’) is at its second reading in Parliament. The Bill is being proposed as an Act to partially transpose EU Directive 2019/1023 (‘the Directive’) on preventive restructuring frameworks, on discharge of debt and disqualifications, and on measures to increase the efficiency of procedures concerning restructuring, insolvency and discharge of debt. In short, new legal tools are being provided in a bid to rescue viable businesses in distress from entering into a state of insolvency. The Bill is organised in different parts including early warning tools and crisis prevention, the entry into a preventive restructuring procedure and…
Mikiel Calleja
9th November 2022
News_ESS.png
Employee Share Schemes Corporate and M&A

Employee Share Schemes

Employee share schemes have not been as widely used in Malta as they have in some of our European neighbours. However, in general, companies use employee share schemes to attract, retain and reward talent by offering their employees a share in the success they help to create in the company. They provide a form of cash free reward and/or remuneration for employers as well as align the interests of employees with those of the company's shareholders to enhance performance and the company's success.1. PurposeThe company must first look at what it wishes to achieve from the implementation of the scheme.…
Mikiel Calleja
16th January 2019
News_ESS.png
Employee Share Schemes Corporate and M&A

Employee Share Schemes

Employee share schemes have not been as widely used in Malta as they have in some of our European neighbours. However, in general, companies use employee share schemes to attract, retain and reward talent by offering their employees a share in the success they help to create in the company. They provide a form of cash free reward and/or remuneration for employers as well as align the interests of employees with those of the company's shareholders to enhance performance and the company's success.1. PurposeThe company must first look at what it wishes to achieve from the implementation of the scheme.…
Mikiel Calleja
16th January 2019
photo-1533094700036-70ecccc6f047.jpg
EU Commission publishes proposal for a Regulation on European Crowdfunding Service Providers for Business Capital Markets

EU Commission publishes proposal for a Regulation on European Crowdfunding Service Providers for Business

 This article was written by Mikiel Calleja and Maria Refalo.Crowdfunding is the raising of money from individuals, to fund a project or carry out a venture.Carried out online, crowdfunding is advantageous because it has the potential to help better match investors with business projects in need of funding with crowdfunding platforms acting as an intermediary between investors and business. As such, it is becoming increasingly important to start-up companies and early stage companies, as a source of non-banking finance. On 8 March 2018, the European Commission presented a proposal for a Regulation on European Crowdfunding Service Providers for Business. The…
Mikiel Calleja
2nd November 2018