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Material adverse change - focus on Turkey

  • Edwards Wildman Palmer LLP
  • -
  • Turkey, United Kingdom
  • -
  • February 5 2014

The recent dramatic decline in the value of the Turkish Lira (the Turkish currency has lost about 10 percent since mid-December) as well as the

Acolyte decision shines a BacLite on earn-out clauses

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • January 25 2012

A recent UK High Court decision (Porton Capital Technology Funds and others v 3M) relating to the sale of Acolyte Biomedica Limited has provided UK M&A practitioners with a valuable insight into how the courts interpret the future obligations of the parties under an earn-out clause in a share purchase agreement

FSA prosecutes for change of control offence

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • February 19 2010

Semperian PPP Investment Partners (Semperian) has pleaded guilty to an offence under section 191(3) of the Financial Services and Markets Act 2000