A recent case in the High Court provides a helpful analysis as to the scope of directors’ duties in situations where dividend payments are vulnerable to challenge. It proves a cautionary tale to directors who are considering the payment of intergroup dividends and illustrates how the legal issues surrounding this area are complex and need …
Continue reading “Dividends and directors’ duties – case update”
The ‘marine renewables’ sector is increasingly of interest to contractors. There are a number of reasons for this. For some, fewer opportunities exist within the oil and gas sector. Other see the increased number of offshore wind projects as an opportunity. In both instances, it is clear that the growth in marine renewables projects will …
In March 2016, the Home Office announced that there would be two phases of changes to the Tier 2 sponsorship regime following a review of the category published by the Migration Advisory Committee (MAC) on 24 March 2016. The first of the phases had been due in autumn 2016. On 3 November 2016, the Home Office finally …
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Although there are over 75 countries in the world with merger control regimes that, for the most part, apply to foreign-to-foreign transactions, the US and EU remain the key jurisdictions when assessing global mergers. This is the case once a transaction is announced and notified, but maybe even more so when legal teams of companies …
Continue reading “Merger Review on Both Sides of the Atlantic: a comparison”
All in-house counsel will be aware of the merger control rules that grant competition authorities the power to monitor, assess and even modify or prohibit M&A activity. There are very few jurisdictions around the world that do not enforce some form of merger control and, with the notable exception of Luxembourg, all 28 EU Member …
Continue reading “Merger control in the European Union: an overview”
‘Our future will always be written in part by immigrants’ Hillary Clinton Immigration was a prominent and highly charged topic of the 2016 presidential election. Hillary Clinton acknowledged that the US immigration system was broken and had promised to pass comprehensive reforms to strengthen the economy and to offer a path to full and equal …
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Following the record levels of activity seen in 2015, global M&A in 2016 was always going to have a hard act to follow. So far in 2016, while global markets have remained reasonably active, they have been more subdued across all the major geographic regions and market sectors than was the case in the previous …
Continue reading “Mergers & Acquisitions (M&A) – Comparative Guide Introduction”
The aim of this guide is to provide its readers with a pragmatic overview of the law and practice of international arbitration across a variety of jurisdictions. The level of uniformity in this area is a topic in itself as international arbitration continues to straddle the well-ingrained legal cultures of the globe. Each chapter of …
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A number of cases have come to court in Scotland in the last 12 months regarding whether or not notices have been validly served. There is an established legal framework for determining that question, which every lawyer should bear in mind before drafting and serving a notice.
After a significant downturn in the M&A activity in Russia in 2015 (by some calculations, up to 30% by volume), market analysts note substantial growth in Russian M&A deals in January and February of 2016, with real estate development and finance industries making up around 50% of the increase. Such developments can be attributed to …