Practice Points for Schemes of Arrangement -
Uncertainty in earn-out consideration. ASIC raised concerns where target shareholders were being asked to vote on a scheme—which involved earn-out consideration—where there was...more
ASIC has released its third quarter update on corporate finance regulatory activities. From an M&A perspective, the update includes ASIC's observations on its public M&A deal statistics, outlines ASIC's recent concerns in M&A...more
9/29/2021
/ ASIC ,
Australia ,
Corporate Finance ,
Corporate Sales Transactions ,
Financial Services Industry ,
Foreign Corporations ,
Insider Trading ,
Internal Controls ,
International Tax Issues ,
Policies and Procedures ,
Takeovers ,
Withholding Tax
The Situation: The Australian Securities and Investments Commission ("ASIC") recently released its quarterly Corporate Finance Update. Hot topics include Special Purpose Acquisition Companies ("SPACs"), electronic delivery of...more