In Janus Capital Group, Inc. v. First Derivative Traders, the U.S. Supreme Court established a bright-line test that strictly limits the ability of plaintiffs to sue secondary actors under the federal securities laws. To state a claim under section 10(b) of the Securities Exchange Act, the defendant must have "ultimate authority" over an allegedly false statement, or the statement must be publicly attributed to him.

Family Office Comparative Guide for the jurisdiction of Malta, check out our comparative guides section to compare across multiple countries

M&A COVID-19 Wire - Part 9

2020 and 2021 were great years for online commerce businesses based in China. Since China managed to tackle the pandemic swiftly a lot of online businesses were ready to start shipping to...

There is a continuing event of default under the finance documents negotiations between the lenders and the company have stalled and the lenders no longer believe that the borrower can repay the loan.

The continuous growth, modernisation and full compliance of the Cyprus Stock Exchange (the "CSE") with European legislation, and the strong performance of the Cyprus economy...

Clarity in the engagement with unambiguous written terms of professional retainer help to avoid problems in the future.

This note is designed to provide our corporate clients with a brief overview of some of the key features of the laws against bribery in the home states of the contributing firms: France, Germany, Italy, Spain, the Netherlands and the United Kingdom (together, the "Six States"; individually, a "State") and some practical guidance on the use of a single set of procedures which might be designed to prevent bribery so as to avoid or mitigate liability in each of them.

The continuous growth, modernisation and full compliance of the Cyprus Stock Exchange (the "CSE") with European legislation, and the strong performance of the Cyprus economy despite the overall...

On 14 May 2020, the German Federal Parliament adopted a draft law to mitigate the conse-quences of the COVID-19 pandemic in competition law and for the self-governing organisa-tions of the commercial sector.

Private M&A Comparative Guide for the jurisdiction of Germany, check out our comparative guides section to compare across multiple countries

More than 40% of global M&A in 2012 involved acquirors and targets in different countries.

The U.S. government shows no sign of easing the pressure on foreign banks and tax haven jurisdictions that are believed to facilitate international tax evasion by U.S. taxpayers through the use of secret bank accounts.

In Jayasena Management Corp. et al. v Savannah Wells Holdings Inc. et al. ("Jayasena v Savannah") the Ontario Superior Court held that the sale of an existing franchise was effected by or through the franchisor...

Joint-stock companies, limited and additional liability companies, general and limited partnerships are covered by M&A legislation. M&A transactions are regulated by the following laws and legislative acts.

Private Equity Comparative Guide for the jurisdiction of France, check out our comparative guides section to compare across multiple countries

Restructuring & Insolvency Comparative Guide for the jurisdiction of UK, check out our comparative guides section to compare across multiple countries

Crypto currencies are in another bull-market. Many investors have made good gains on Crypto. If you are one of them, you might be looking to cash out some in order to rebalance your portfolio.

The Ontario government has announced December 31, 2005 as the proclamation date for the amendments to the Securities Act (Ontario) which will expose issuers and their directors and officers to statutory civil liability for an issuer's continuous disclosure.