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Director’s illness no impediment to dismissal
  • Clint Lawyers and Mediators
  • Netherlands
  • May 24 2017

The Rotterdam Subdistrict Court recently ruled on the dismissal of a director who had called in sick. One of the questions which played a role in the

King IV: JSE Listings Requirements update and implementation dates announced
  • ENSafrica
  • South Africa
  • May 24 2017

On 22 May 2017, the Johannesburg Stock Exchange ("JSE") announced that it has made amendments to the JSE Listings Requirements in relation to the

A Red Light for Litigation Funding in Ireland?
  • McCann FitzGerald
  • Ireland
  • May 24 2017

The judgment of the Supreme Court in Persona has been delivered. This is the first pronouncement of that court on the issue of the validity of

Chancery Court Rules Former Stockholder Lacks Standing In Books And Records Suit.
  • Jenner & Block LLP
  • USA
  • May 23 2017

In a case of first impression in Delaware, the Chancery Court dismissed a former shareholder's books and records complaint for lack of standing

Tesco market abuse update: FCA orders investor compensation scheme while the SFO imposes a £129m fine under a deferred prosecution agreement
  • DAC Beachcroft
  • United Kingdom
  • May 23 2017

We have previously reported on the fallout from a trading update issued by Tesco plc and Tesco Stores Limited (Tesco) on 29 August 2014, which

Michigan Supreme Court Clarifies Statute of Limitations for ShareholderMember Oppression Claims
  • Miller Canfield PLC
  • USA
  • May 23 2017

When does the statute of limitations start running on claims for minority shareholdermember oppression under Michigan law? In its recent decision in

Financial Choice Act Moves to the House Floor
  • K&L Gates
  • USA
  • May 23 2017

On May 4, the House Financial Services Committee (“HFSC”) concluded its three-day markup of H.R.10, the Financial Choice Act (“FCA”), a bill to reform

Employee ownership for family businesses - advantages & myth busting
  • Wrigleys Solicitors LLP
  • United Kingdom
  • May 23 2017

Perhaps the best-known employee owned business in the land is the John Lewis Partnership; a business synonymous with strong profits, happy staff and

Proposed changes to Dutch dividend withholding tax rules for holding cooperatives and BVsNVs released
  • Stibbe
  • Netherlands, OECD
  • May 22 2017

On 16 May 2017, the Dutch Secretary of Finance released a draft legislative proposal regarding changes to the Dutch dividend withholding tax ("DWT"

Election 2017: May still right (and a little bit left) on track for victory in June
  • Squire Patton Boggs
  • United Kingdom
  • May 22 2017

The Conservative manifesto, ‘Forward, Together’, unveiled late last week by Theresa May, was notable rather less for reiterating commitments to