This article looks at the changes to the scope of companies subject to the UK Takeover Code taking effect on 3 February 2025 and the recent Budget measures affecting AIM.
We round the year off with an edition of Commercial Disputes Weekly that discusses decisions on limitation of liability, the enforcement of foreign judgments, formality requirements for a transfer of interest in shares and variation of construction contracts.
The SEC approved of Nasdaq’s proposed rule change aimed at accelerating the delisting process for companies with shares trading below US$1.00 and limiting the time a noncompliant security can remain listed on Nasdaq.
In this edition of Commercial Disputes Weekly, we consider two cases dealing with how damages are calculated, the grant of summary judgment following acceleration of a loan and interpretation of conditions precedent in a construction contract.
In this edition of Commercial Disputes Weekly, we consider sovereign immunity in arbitration, what is adjudication business, a jurisdiction clash and whether the Secretary of State’s legislative actions during the pandemic qualify as ‘policing’.
This article examines the recent judgment of the Singapore Court of Appeal on the Nullity Exception that might also avail the banks. We consider whether it deserves another look or if it is time to close it down completely.
A look at key aspects of the new UK Listing Rules and other recent developments of note.
APSEZ is India’s largest ports and logistics company.
Ismini Panagiotidis-led Icon Energy is an international shipping company.
Nasdaq has proposed a rule change aimed at accelerating the delisting process for companies with shares trading below US$1.00 and limiting the time a noncompliant security can remain listed on Nasdaq.
We advised long-term client Chaarat Gold Holdings Limited on the US$19.8m recapitalisation of all interest and fees owed on its existing convertible loan notes, the extension of the loan note maturity date and the provision of a new US$5m working capital facility.
Additional informational guidance has been released by the U.S. Department of Treasury’s Financial Crimes Enforcement Network.