Ogier | British Virgin Islands | 25 Apr 2022
BVI business companies are one of the most commonly used offshore vehicles. Generally, shares in a BVI company are transferrable, unless there are any limitations or restrictions on the transfer of shares in the company's memorandum and articles of association. This article addresses a number of the most common questions asked about the transfer of shares in a BVI company.
Ogier | British Virgin Islands | 14 Apr 2022
BVI business companies are one of the most commonly used offshore vehicles. Generally, shares in a BVI company are transferrable, unless there are any limitations or restrictions on the transfer of shares in the company's memorandum and articles of association. This article addresses a number of the most common questions asked about the transfer of shares in a BVI company.
RPC | United Kingdom | 22 Feb 2022
In a recent case, the High Court dismissed UBS's challenge to jurisdiction in a $495 million claim, and gave useful guidance as to "where the damage has occurred" in cases of economic loss: claims relating to margin calls in London should be heard in the English courts.
Shearman & Sterling LLP | USA | 11 Jan 2022
The Securities and Exchange Commission recently proposed a new rule "intended to improve the quality, relevance and timeliness of information related to issuer share repurchases". The rules, if adopted as proposed, would fundamentally alter the disclosure requirements in connection with a company's share repurchases, potentially affecting how a company executes share repurchase transactions......
Morgan, Lewis & Bockius LLP | Hong Kong | 3 Nov 2021
The Hong Kong Stock Exchange recently published a consultation paper seeking market feedback on its proposed rule amendments relating to share…
Walkers | Ireland | 12 Oct 2021
The Companies (Corporate Enforcement Authority) Bill 2021 (the "Bill") was recently published with the primary objective of replacing the existing…
Johnson Winter & Slattery | Australia | 8 Sep 2021
A hotly anticipated decision in the ongoing saga of the Babcock & Brown liquidation was handed down last week, resulting in another win for the…
SMARTLEGAL Schmidt & Partners | Hungary | 13 Jul 2021
Can a company's shareholder assert a claim in its own right against a third party that has caused damage to the company, contending that the damage suffered by the company has also decreased the value of its share? To what extent can the right to access a court be limited in the name of sound administration of justice? A recent Supreme Court decision addressed these questions.
Lexology PRO | Norway | 28 Jun 2021
Norway’s Competition Authority has launched an in-depth review into DNB’s €1 billion proposed purchase of domestic rival Sbanken, in what the agency says is one of the most significant deals in the banking sector in years.
Lexology PRO | European Union, Netherlands | 3 Jun 2021
A Dutch appeals tribunal has confirmed the dismissal of the national competition authority’s highest-ever abuse of dominance fine because the enforcer failed to show that state-owned railway NS was actually dominant.