The Royal Court has, for the first time, authorised liquidators to enter into a "pre-packaged" sale under Article 155 of the Companies (Jersey) Law 1991. In doing so the Court noted the risks involved with "pre-pack" sales directing the liquidators to enter the "pre-packaged" sale.
Law Firm: Mourant Ozannes | Published: 20 June 2013 | Practice Area: Corporate
In a dispute between a UAE investor and a foreign investor, the parties disputed over whether a side agreement or the official Memorandum of Association governed their relationship. The UAE investor appealed for the third time to the Supreme Court contesting the validity of the side agreement.
Law Firm: Al Tamimi & Company | Published: 19 June 2013 | Practice Area: Practice and Procedure
Significant narrative reporting requirements have been introduced in the draft of The Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013, published by the BIS. This article outlines what's changed, what to report and what companies should be doing now to prepare.
Law Firm: Allen & Overy | Published: 19 June 2013 | Practice Area: Regulation and Enforcement
Choosing Russian law as the governing law for M&A transactions has recently been discussed widely in the context of the state's proclaimed policy to this effect. Pepeliaev Group outlines why this trend could be set in motion in the context of the government's de-offshorisation policy.
Law Firm: Pepeliaev Group | Published: 18 June 2013 | Practice Area: Mergers & Acquisitions
This month's Asia update discusses the latest on the Companies Ordinance rewrite; liquidity arrangements for listings by introduction; SEHK guidance on disclosure of risk factors; the reduction of business registration levy; and foreign exchange rules further simplified for FDI in China.
Law Firm: DLA Piper | Published: 18 June 2013 | Practice Area: Regulation and Compliance
A number of recent developments in relation to the Disclosure and Barring Service and criminal records checks will affect employers, in particular a new subscription service being launched on 17 June. The service is intended to make the vetting process of job applicants easier for employers.
Law Firm: Eversheds | Published: 18 June 2013 | Practice Area: Regulation and Enforcement
The CJEU has provided some helpful guidance on the interpretation of the Council Directive on unfair terms in consumer contracts - confirming its broad scope and limiting the effect of unilateral variation clauses. The case has important implications for any business supplying consumers in the EU.
Law Firm: Allen & Overy | Published: 18 June 2013 | Practice Area: Sale and Supply of Goods and Services
With the number of disputes and amount of regulatory monitoring and intervention increasing, new methods to identify and assess the merits of potential disputes and regulatory risk are being sought. Deloitte outlines how commercial early case assessment can be achieved in three stages.
Law Firm: Deloitte | Published: 17 June 2013 | Practice Area: Practice and Procedure
Latham & Watkins' Book of Jargon provides lawyers, bankers and students with an introduction to legal and business terms often encountered in the structuring, negotiation and execution of mergers, acquisitions and dispositions in many countries around the globe.
Law Firm: Latham & Watkins | Published: 17 June 2013 | Practice Area: Mergers & Acquisitions
The Government has issued its long-awaited Consumer Rights Bill, which has been anticipated ever since the Consumer Rights Directive was published just over a year ago. Wragge & Co examines what the Bill entails and whether it makes things simpler for both consumers and businesses.
Law Firm: Wragge & Co | Published: 17 June 2013 | Practice Area: Sale and Supply of Goods and Services
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