Under the DPN regime, company directors can be held liable for late unpaid or unreported company debts and liabilities.
This article reviews the final report of the PPSA statutory review and examines some proposals in relation to bailments.
McCarthy Tétrault LLP
On April 28, 2015, the Standing Committee on General Government voted to amend the Act’s reference to franchisors.
Norton Rose Fulbright Canada LLP
Global M&A activity continued its surge in Q1 2015, marking another quarterly increase in deal volume on a trailing twelve month basis, continuing a streak of consecutive increases that began in the first quarter of 2014.
Norton Rose Fulbright Canada LLP
On April 30, 2015, the Canadian Securities Administrators (CSA) adopted National Policy 25-201 Guidance for Proxy Advisory Firms (the Policy).
Schoenherr Attorneys at Law
Hungarian law differentiates between general employees and executives.
Singh & Associates
The objective behind such tightening of the compliances was due to the leaking of selective information by the entities that to through media without informing the investors first.
Fox Mandal, Solicitors & Advocates
Congratulations if your start-up's fund raising plan has met all the six qualifiers necessary under SEBI's proposed alternative capital raising platform for start-ups/ "new-age" companies...
Lewin did not involve a situation in which a beneficiary absolutely entitled could not be found, and it was therefore not certain that a payment into court would be justified.
The Financial Reporting Council is to look at the quality of explanations provided by companies that choose not to comply with UK Corporate Governance Code in the ‘comply and explain’ section.
Sainsbury’s is appealing a jail sentence handed out by an Egyptian Court to its chief executive Mike Coupe in absentia.
A US private equity fund seeking to acquire a target in the UK will soon notice a number of differences from the US market. It is important to be aware of these differences if you are competing against UK private equity houses.
On April 29, the SEC proposed new "pay-versus-performance" disclosure rules to implement one of the last two remaining executive compensation requirements mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act.
While the IRS made only minor changes to Form 990, Form 990-EZ, and Form 990-PF for the 2014 tax year, the IRS made significant revisions to Schedule A.
Fenwick & West LLP
A recent Delaware Supreme Court case authored by Chief Justice Strine upholds the literal meaning of an earn-out provision that limited the buyer from taking action "intended to reduce or limit an earn-out payment."
Fox Rothschild LLP
The incomparable Dr. Seuss once said, "Sometimes the questions are complicated and the answers are simple."
Foley & Lardner
The proposed rules would not mandate that the description use any specific format, but the proposing release suggests that it could be presented in narrative, a graphic, or a combination of the two.
The proposed rules would add a new table (under Item 402(v)) to the executive compensation disclosures required under Regulation S-K in proxy and information statements.
McDermott Will & Emery
Much attention has been given to recent U.S. Securities and Exchange Commission (SEC) proposed rulemaking under the Dodd-Frank Wall Street Reform and Consumer Protection Act...
Ropes & Gray LLP
On Wednesday, April 29, 2015, the SEC proposed rules on the disclosure of executive pay versus company performance.