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Lexology PRO | United Kingdom | 20 Feb 2024

Horizon Scandal: establishing liability for the UK’s “biggest miscarriage of justice”

What were the corporate governance and procedural failings at the Post Office that led to 900 sub-postmasters receiving wrongful convictions, and who is liable to pay compensation?
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Ropes & Gray LLP | USA | 19 Feb 2024

Registered Closed-End Funds May Exclude Investor’s Advisory Proposal to Declassify Board

In a February 16, 2024 no-action letter, the staff of the SEC’s Division of Investment Management assented to the request of three Nuveen closed-end…
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Lexology PRO | Canada, Global, USA | 7 Feb 2024

Boeing crisis: the risks of putting profits above compliance

Boeing is facing a major reputational crisis – accused of prioritising profits over ensuring the safety of its aircrafts. What does the situation reveal about the risks of a poor compliance culture?
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Global Law Office | China | 5 Feb 2024

Foreign Investors and Foreign Invested Companies: Overview of the Impacts from the New Company Law

On December 29, 2023, the Standing Committee of the National People's Congress of the People's Republic of China ("the PRC") adopted an amendment to…
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Venture North Law | Vietnam | 4 Feb 2024

Validity of Board Resignations in Vietnamese Joint Stock Companies

From January 2021, under the Enterprise Law 2020, if a member of the Board of Directors (the Board) hands in his/her letter of resignation to resign…
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Clayton Utz | Australia | 22 Jan 2024

The growing need for company board directors and non-executive directors to play a proactive role in cybersecurity

Following a spate of high-profile cyber-attacks, the Federal Government has set a target for Australia to become the most cyber secure nation by 2030…
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Burges Salmon LLP | United Kingdom | 16 Jan 2024

Public M&A Update: Takeover Panel Bulletin on Rule 20.1 (Equality of Information) and Representative Directors (January 2024)

Rule 20.1 of the Takeover Code requires information and opinions relating to an offer (or a party to an offer) to be made equally available to all…
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RPC | United Kingdom | 5 Jan 2024

Directors not liable under PLNs as HMRC failed to establish deliberate conduct by company

In Sharon Suttle and another v HMRC [2023] UKFTT 873 (TC), the First-tier Tribunal (FTT) allowed the taxpayers' appeals against personal liability…
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RPC | United Kingdom | 5 Jan 2024

Directors' Duties to Disclose Interests In Proposed Transactions: Not a one-size-fits-all approach?

The Court of Appeal has recently grappled with the contentious issue of when directors will be considered to have acted in breach of their fiduciary…
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MME Legal Tax Compliance | Switzerland | 22 Dec 2023

Non-Financial-Report nach dem OR: Pflichten von Generalversammlung und Verwaltungsrat

I. Verwaltungsrat: Wie hat die Genehmigung zu erfolgen? Wer hat zu unterzeichnen? Neben der Genehmigung durch die Generalversammlung verlangt das…
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