Global Banking Regulation Review | Switzerland | 14 Jun 2023
“UBS is clear that it will not take on any bad apples, and certainly not let them roll”, Lexology PRO hears, as Switzerland’s two megabanks finish their shotgun marriage with delayed new capital requirements.
Baker McKenzie | Global | 5 Apr 2019
In a cross-border healthcare acquisition, a key issue for a foreign acquirer to consider is the government consents required. There has been a growing…
Cliffe Dekker Hofmeyr | South Africa | 29 Mar 2019
It has always been a contentious issue whether a purchaser of shares can claim a deduction for the interest that it incurs on monies borrowed to acquire the shares. The legislature intervened by introducing Section 240 of the Income Tax Act, which allows purchasers to deduct interest for a debt that is used to fund the acquisition of shares in certain circumstances. However, the target must......
Squire Patton Boggs | Germany, USA | 18 Nov 2018
On November 14, 2018, Voltabox AG, a German company listed on the Frankfurt Exchange (WKN: A2E4LE) that develops battery systems for electric…
Squire Patton Boggs | USA | 13 Nov 2018
On September 10, 2018, Integrated Device Technology, Inc., a Delaware corporation that produces semiconductor devices for communications, computing…
Squire Patton Boggs | USA | 13 Nov 2018
On November 11, 2018, AGC Networks Pte. Ltd., a Singapore wholly-owned subsidiary of global solutions integrator AGC Networks Ltd, and Black Box…
Squire Patton Boggs | USA | 8 Nov 2018
On November 6, 2018, ConvergeOne Holdings, Inc., a publicly traded Minnesota based provider of IT cloud and managed technology services and solutions…
Seyfarth Shaw LLP | USA | 15 Jun 2018
Under the Employee Retirement Income Security Act (“ERISA”), as amended by the Multiemployer Pension Plan Amendment Act (“MPPAA”), generally, an…
Iseme, Kamau & Maema Advocates | Kenya | 28 Mar 2018
Since 2007 Kenya has had one of the most robust labour law regimes in the world. The Employment and Labour Relations Court is famed worldwide for its pro-employee ideology and is known to bend over backwards to ensure that employees who call on it do not go home empty handed. It is therefore surprising that Kenya has not enacted legislation to regulate the seamless transfer of employees from......
Shardul Amarchand Mangaldas & Co | India | 2 Mar 2018
The Reserve Bank of India and the Ministry of Electronics and Information Technology recently established a new regulatory framework for setting limits on and payments of merchant discount rates and encouraging digital payments. Rates will now be determined based not only on the basis of transaction value, but also on turnover. However, in its effort to curb transaction costs for merchants,......