Two recent Supreme Court of Canada decisions demonstrate that the corporate attribution doctrine is not a one-size-fits-all approach.
金杜合伙人苏萌律师应联合国国际贸易法委员会(UNCITRAL)邀请作为碳交易及金融领域专家,于2024年1月31日和2月1日参加在维也纳举行的联合国贸易法委员会(UNCITRAL)专家组与国际统一私法协会(UNIDROIT)工作组关于自愿碳信用(VCC)法律性质的联席会议[1]。在联席会议上,苏律师就工作报告内容参与讨论并发表观点,并就中国自愿碳市场发展状况对研究报告做出修订和补充。
Court approval of a sale process in receivership or Bankruptcy and Insolvency Act (“BIA”) proposal proceedings is generally a procedural order and objectors do not have an appeal as of right; they must seek leave and meet a high test in order obtain it. However, in Peakhill Capital Inc. v.
The Supreme Court in Sevilleja v Marex Financial Ltd [2020] UKSC 31 has brought much needed clarity to the legal basis and scope of the so-called ‘reflective loss’ principle. The effect of the decision is a ‘bright line’ rule that bars claims by shareholders for loss in value of their shares arising as a consequence of the company having suffered loss, in respect of which the company has a cause of action against the same wrong-doer.
A recent decision of the High Court of New Zealand provides helpful guidance for insolvency practitioners on how aspects of the voluntary administration regime should operate in the context of the COVID-19 pandemic.
On 30 March 2020, the board of directors of EncoreFX (NZ) Limited resolved to appoint administrators to the company. By then, New Zealand was already at Level 4 on the four-level alert system for COVID-19.
受OPEC与俄罗斯减产谈判进展及后续措施影响,3月9日开市以来原油价格强劲下行,连带其他相关大宗商品价格以同样惊人的幅度大幅下跌,朋友圈纷纷感叹“活久见”。2020年初的黑天鹅接踵而至,很难判断下一站的走势到底在哪,也难判断对国内期货等金融市场的传导究竟会到何种程度。在这个价格剧烈波动的日子,人们耳边又回响起华尔街故老相传的”Bulls make money, bears make money, pigs get slaughtered” 的残酷谚语。在目前中国境内证券期货市场中,和做空手段相对有限的股票市场相比,期货市场天然的多头-空头交易机制可以更直观的展现这句话的涵义。
1、当我们在谈论“强行平仓”和“三板强平”时,我在谈些什么?
期货交易的亏损并不仅指强行平仓带来的损失,但是面对如此惊人的市场变化,“爆仓”、“强行平仓”和“三板强平”这类期货术语或行话还是最让人屏住呼吸的字眼。与肾上腺素飙升,杀伐决断的Trader们以及或焦虑或欣慰的相关企业的关注点不同,作为律师的我们,视线停在了这些期货术语或行话背后的基础法律关系上。从机制本身出发:
The UK Court of Appeal has held that legal privilege outlasts the dissolution of a company in Addlesee v Dentons Europe LLP [2019] EWCA Civ 1600.
Legal advice privilege applies to communications between a client and its lawyers. The general rule is that those communications cannot be disclosed to third parties unless and until the client waives the privilege.
In Secretary of State for Business, Energy and Industrial Strategy v PAG Asset Preservation Ltd [2019] EWHC 2890 the Secretary presented petitions under s 124A of the Insolvency Act 1986 to wind up two companies on public interest grounds. These companies were PAG Asset Preservation Limited and MB Vacant Property Solutions Limited (the Companies).
The Privy Council has rejected an attempt to block a cross-border liquidation on procedural grounds in UBS AG New York v Fairfield Sentry [2019] UKPC 20.
The High Court in DHC Assets Ltd v Arnerich [2019] NZHC 1695 recently considered an application under s 301 of the Companies Act (the Act) seeking to recover $1,088,156 against the former director of a liquidated company (Vaco). The plaintiff had a construction contract with Vaco and said it had not been paid for all the work it performed under that contract.