Gemma Formby

Gemma Formby

Morgan Lewis

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Association of British Insurers Releases New Best Practice Guidelines for Lock-Up Periods

The Association of British Insurers’ guidelines recommend greater transparency in disclosures relating to lock-up agreements. On 14 April, the Association of British Insurers (ABI) published best practice...more

4/28/2014 - Disclosure Requirements Foreign Banks Lock-Up Requirements Transparency

UK Capital Maintenance Principle May Restrict Damages Awards

Obiter dicta by High Court suggests that damages may not be available as a remedy where an English company breaches a contractual obligation and performance of that obligation would have required a breach of the "capital...more

11/12/2013 - Breach of Contract Contract Interpretation Damages Shareholders UK

ESMA Publishes Draft Standards for Prospectus Supplements

Aim of proposed regulatory technical standards and consultation paper is to clarify the list of events that will trigger the automatic requirement for a supplement....more

3/26/2013 - ESMA EU European Commission Prospectus Supplementation Requirements

Update: UK Government Publishes Changes to Law on Share Buy Backs

Changes aim to help companies make greater use of employee share schemes and equity arrangements. On 19 March, the revised draft of the UK Companies Act 2006 (Amendment of Part 18) Regulations 2013, including final...more

3/21/2013 - Buyback Programs Employee Stock Purchase Plans Equity Compensation EU Proposed Legislation

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