Litigation by shareholders against listed companies appears to be on the rise, with claims against Tesco and Lloyds Bank making the headlines recently. This briefing explores the factors that are contributing to the rise of …
Slaughter & May: Shareholder Group Litigation On the Rise – But Why? Read More »
Pillsbury – The Prime Minister has given the clearest indication yet of what the UK will seek in the Brexit negotiations. Access to each side’s markets is going to be less than it is today. …
Theresa May Sets Out ‘Five Tests’ To Test Brexit Deal Read More »
Davis Polk – Enforcement Division “Share Class Selection Disclosure Initiative” offers “favorable” settlement terms to advisers who self-report potential violations concerning Rule 12b-1 fees. Over the past several years, the Commission’s Office of Compliance Inspections …
SEC Announces Self-Reporting Initiative for Rule 12b-1 Fee Disclosures Read More »
Eversheds Sutherland – Cryptocurrencies and initial coin offerings (ICOs) were a recurring area of focus in presentations by multiple divisions of the Securities and Exchange Commission at its annual “The SEC Speaks” conference in Washington, …
SEC Pays Attention to Cryptocurrencies, Blockchain Technology & ICOs Read More »
Proskauer – Blockchain advocates have been awaiting the final decision by ASX Ltd, the Australian Securities Exchange, as to whether ASX will replace its existing and aged CHESS registry, settlement and clearing system with a …
Skadden Arps – The past few years have brought a number of large rights offerings in bankruptcies in the energy, healthcare, and retail sectors. Between January 1, 2015, and December 1, 2017, more than $5.5 …
Rights Offerings Prove Popular with Debtors and Distressed Investors Read More »
Skadden Arps – Tax reform, shifting international dynamics, Trump administration goals and a potentially strong market for transactions all seem likely to impact business activity in 2018. Below are 10 areas to explore in our …
Foley Hoag – As part of our Year in Preview series, we’ve recently covered both international cyberwar and the rise of cryptocurrency. Just before the holidays, both of these topics collided in a decidedly unpleasant …
What To Learn From the South Korean Cryptocurrency Hack Read More »
Davis Polk – After being one of the first countries to recognize blockchain technology in the field of cash vouchers, or minibons, France has become the first country to authorize the registration and transfer of …
The French Blockchain Revolution: Leading the Way With Technology & Unlisted Securities Read More »
UK commercial law firm, Al Bawardi Critchlow, today announced that its founder and senior partner, Dr Julian Critchlow, has been appointed as a non-executive director by blockchain and cryptocurrency technology company, Byzen Digital Inc. Dr …
McGuire Woods – On November 16, 2017, U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton announced in a symposium on cybersecurity and financial crimes that the SEC would start taking enforcement action against coin …
An SEC Crackdown Coming for Initial Coin Offerings Read More »
Skadden Arps – On September 20, 2016, Skadden presented a seminar titled “Government Enforcement Investigations – Trends and Perspectives from the UK, US and China” in London. The UK Financial Conduct Authority (FCA) Director of …
Skadden Seminar on Government Enforcement Investigations in UK, US and China Read More »
Allen & Overy – On 3 July 2016, the Market Abuse Regulation (596/2014/EU) (MAR) came into force. Even though guidance and clarity from the European Securities and Markets Authority is still awaited in relation to …
New EU Market Abuse Regime Creates A Long Road to Navigate Read More »
Skadden Arps – Encouraged by the success of proxy access proposals in the 2015 proxy season, shareholder proponents have submitted almost 200 proxy access shareholder proposals for 2016 annual meetings. As of mid-June, approximately 65 …
Dorsey & Whitney – The lure of big profits from the settlement of large personal injury law suits was the hook used by a lawyer and his partner to attract investors to Prometheus Law. The …
Investing in Lawsuits is Just Another Fraud Says the SEC Read More »
