August 2: Jefferson County: Court Rejects

The Court of Appeal has recently re-affirmed the circumstances in which the English Court will pierce the corporate veil. In doing so, however, it overturned a ground-breaking Commercial Court decision from 2011, in which the Commercial Court held that an individual who was the “puppeteer” behind a “puppet” company could be treated as being simultaneously, contractually liable for the contracts of the puppet company. This alert details the recent changes.

 

SUGGESTED READING: Cross-Border Insolvency: A Commentary on the UNCITRAL Model Law, Third Edition (citation: Steven R. Schwartz, Cross-Border Insolvency: A Commentary on the UNCITRAL Model Law, Third Edition, XXXI ABI Journal 7, 56, August 2012) - Steven R. Schwartz

Entry into force of Intervention Act in the Netherlands/ Inwerkingtreding Interventiewet 28 June 2012

SEC Adopts Final Compensation Committee Independence and Related Rules

 

 

The Eurozone – why you need to be prepared