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Veronica Grixti

Veronica Grixti is a Senior Associate within the firm. Her principal area of practice has been in certain aspects of insurance, inheritance, general commercial, corporate including liquidations and share transfers and property law. She has been actively involved in the drafting of agreements including but not limitedly promise of sale of property agreements, lease agreements, management agreements. She has also been involved in the restructuring of companies, debt collections, giving advice to leading insurance companies in Malta in connection with life insurance policies and professional indemnity claims, and in company secretarial matters.

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Utmost Good Faith in Insurance Contracts Insurance & Reinsurance

Utmost Good Faith in Insurance Contracts

This article was written by Veronica Grixti and Joshua Chircop.In a judgement presided by Mr. Justice Toni Abela, in the names Knightsbridge Developments Limited vs Citadel Insurance plc, the Civil Court, First Hall held that the principle of utmost good faith in insurance contracts applies not only at the moment of conclusion of the contract but also throughout the course of the performance of such contract.The plaintiff company was planning to build a block of nineteen apartments with garages, a semi-basement car park and a cafeteria in St. Paul's Bay, Malta. The plaintiff therefore obtained a Contractors All Risk Insurance…
Veronica Grixti
23rd October 2018
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Family Trusts Trusts, Foundations and Wealth Management

Family Trusts

This article was written by Veronica Grixti and Joshua Chircop.The main Maltese legislation regulating trusts in Malta, namely the Trusts and Trustees Act, Chapter 331 of the Laws of Malta ('the Act'), provides that a trust may be created to hold property settled by a settlor or settlors for the present and future needs of family members or family dependants, as defined hereunder, who are definite and can be ascertained ('the Family Trust').Pursuant to the Act, the Malta Financial Services Authority ('the MFSA') has drawn up Rules for Trustees of Family Trusts ('the Rules'), which regulate those companies in formation…
Veronica Grixti
17th March 2017