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Voting Rights Financial Markets

Stikeman Elliott LLP

BCSC Provides New Guidance on “Acting Jointly or in Concert” for Proxy Contests

Stikeman Elliott LLP on

In its recent decision in NorthWest Copper Corp., 2023 BCSECCOM 602, the British Columbia Securities Commission (“BCSC”) provided new guidance on the interpretation of “acting jointly or in concert” in the context of a proxy...more

Hogan Lovells

FCA reviews disclosures of net changes to share capital

Hogan Lovells on

The FCA has recently completed a review of the way in which UK issuers disclose changes to their total voting rights to the market and the resulting effect on major shareholding notifications. ...more

Vinson & Elkins LLP

Introducing The Up-SPAC Structure

Vinson & Elkins LLP on

As the pace of SPAC IPOs continues to set records, evolution of the economic terms has accelerated. We have seen changes to the warrant and promote structure (including “tontine” warrants), call rights motivating cashless...more

Cohen & Gresser LLP

COVID-19 and Foreign Investments in France: Strengthening of the Control

Cohen & Gresser LLP on

In the context of the COVID-19 crisis, the French government introduced some new rules to strengthen France's control over foreign investments: •through a Decree (décret) and an Order (arrêté) dated 22 July 2020, the...more

Farrell Fritz, P.C.

The Snap IPO: Speculation Without (Board) Representation

Farrell Fritz, P.C. on

The just completed IPO of Snap Inc. has received enormous buzz and plenty of press coverage, mostly about its eye-popping valuation and offering proceeds, the big winners among the founders and early investors and the...more

K&L Gates LLP

Germany Tightens Voting Rights Disclosure - New rules increase complexity of voting right disclosures and impose

K&L Gates LLP on

On October 1, 2015, the German Parliament adopted the national “Act Implementing the EU Transparency Directive Amending Directive (2013/50/EU)” (the “Act”). The aim of the directive is to harmonize the regime for notification...more

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