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HTMLDHS to Clarify Liability Protections for Companies Sharing Cyber-threat Indicators
Sutherland Asbill Brennan LLP;
Legal Alert/Article
May 24, 2016, previously published on May 23, 2016
The Department of Homeland Security (DHS) intends to issue revised guidance that will clarify liability protections for companies sharing cyber-threat indicators among themselves, and will reissue guidance on information sharing with non-federal entities under the Cybersecurity Act of 2015. DHS...

 

Adobe PDFThe New Mexican Simplified Stock Company
Tracy Delgadillo Miranda; JATA - J.A. Treviño Abogados S.A. de C.V.;
Legal Alert/Article
May 19, 2016, previously published on April 2016
On March 14, 2016, an amendment to the Mexican General Law of Commercial Companies was published on the Official Gazette introducing a new type of commercial company: the simplified joint-stock company. By mid-September, when said amendment becomes effective, such new company will become the...

 

HTMLSubmission of Bill to Amend the Act on Specified Commercial Transactions and Bill to Amend the Consumer Contract Act
Harukuni Ito, Kyosuke Katahira, Yuichiro Mori, John C. Roebuck, Michiru Takahashi; Jones Day;
Legal Alert/Article
May 18, 2016, previously published on April 2016
On March 4, 2016, in order to address changes in the socioeconomic climate, including the progressively aging population, and to protect the interest of consumers, the Bill to Amend the Act on Specified Commercial Transactions ("Commercial Transactions Bill") and the Bill to Amend the...

 

HTMLSingle Shareholder Joint Stock Companies
Nilay Celebi; Erdem Erdem Law Office;
Legal Alert/Article
May 16, 2016, previously published on March 3, 2016
As per Art. 338 of Turkish Commercial Code No. 6102, one or more shareholders may establish a joint stock company. Thus, the Turkish Commercial Code allows a joint stock company to be established by a single shareholder. In addition, a joint stock company that has more than one shareholder may be...

 

HTMLShare Transfers in Limited Liability Companies
Erdem Erdem Law Office;
Legal Alert/Article
May 16, 2016, previously published on March 3, 2016
One of the events for succession of shares in limited liability companies is through share transfer. The transfer of shares, in principle, is subject to the approval of the general assembly. Contrary to joint stock companies, the transfer of shares in limited liability companies cannot be made...

 

HTMLShareholder Disputes in the Cayman Islands: Petitions to Wind Up a Company on Just and Equitable Ground
Loeb Smith;
Legal Alert/Article
May 16, 2016, previously published on April 30, 2016
Shareholders of a Cayman Islands company may petition the Grand Court for an order that a company is wound up pursuant to section 92(e) of the Companies Law (As Revised) on the basis that it is "just and equitable" for it to do so. One ground which is often relied on by shareholders for...

 

HTMLQuestioning Recent ISS Study on the Impact of Board Leadership Structures on CEO Pay
Lyle G. Ganske, Daniel C. Hagen, Robin C. Melman, Robert A. (Bob) Profusek, Lizanne Thomas; Jones Day;
Legal Alert/Article
May 10, 2016, previously published on April 2016
Institutional Shareholder Services ("ISS") published a report in March 2016 arguing that CEO compensation is impacted by companies' board structures. More specifically, ISS argues that CEOs of companies with boards chaired by an "insider" have higher compensation than CEOs of...

 

HTMLCharity Commission Publishes Guidance for Charities Campaigning in the Run Up to the EU Referendum
Alison Paines, Chris Priestley; Withers Bergman LLP;
Legal Alert/Article
April 28, 2016, previously published on April 4, 2016
On 6 March 2016, the Charity Commission published regulatory guidance for charities considering public involvement in the debate leading up to the EU referendum on 23 June 2016. This guidance sits alongside the Charity Commission's general guidance on campaigning and political activity by charities.

 

HTMLAIM - The Market for International Companies
David Guin, Anthony Indaimo, Alan S. Jacobs, Ben Simpson; Withers Bergman LLP;
Legal Alert/Article
April 28, 2016, previously published on March 29, 2016
The AIM market (‘AIM’) of the London Stock Exchange plc (the ‘Exchange’) is targeted at growing international companies. AIM is an ideal public market for growing and entrepreneurial international businesses seeking to expand and raise their global profile.

 

HTMLGuidance Published For Charities Funding Non-Charitable Organisations
Alison Paines, Chris Priestley; Withers Bergman LLP;
Legal Alert/Article
April 28, 2016, previously published on April 4, 2016
The Charity Commission has published new guidance for charities which fund non-charitable organisations. The guidance explains the various points which trustees should consider when making the decision to fund non-charitable organisations.

 


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