Sergey Kvitkin

Sergey Kvitkin

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EU Commission Proposes Further Harmonisation of Single-Member Companies

The proposed directive seeks to coordinate national requirements concerning the formation, registration, and operation of single-member companies. On 9 April, the European Commission published a provisional draft of a...more

4/14/2014 - EU Globally Harmonized System International Harmonization Limited Liability Companies LLC

English Court Finds Shareholder Default Provisions Unenforceable as a Penalty

Decision serves as a reminder that careful consideration should be given to provisions dealing with the consequences of breaches of restrictive covenants and other terms of commercial agreements....more

12/12/2013 - Breach of Contract Contract Drafting Penalties Restrictive Covenants Shareholders UK Void and Unenforceable

UK High Court Revisits Issue of Where a Contract Is Formed

Court confirms that, in certain circumstances, a contract can be made in two jurisdictions. On 7 October 2013, in Conductive Inkjet Technology Ltd v Uni-Pixel Displays Inc, [2013] EWHC 2968 (Ch), the High Court of...more

11/7/2013 - Choice-of-Law Contract Drafting Contract Formation Corporate Counsel EU Jurisdiction Non-Disclosure Agreement UK

Corporate Aspects of the UK Financial Services Act 2012

Long-heralded reform of the UK financial services regulation architecture impacts the listed company regime. On 1 April, a new financial regulation architecture became operative in the UK through the Financial...more

4/12/2013 - Bank of England Financial Conduct Authority Financial Services Act Financial Services Authority Listing Standards Prospectus Prudential Regulation Authority

Update: London Stock Exchange Publishes Final Rulebook for High-Growth Segment

Fast-growing European companies can now apply for admission to trading on the new segment of the LSE's Main Market....more

4/3/2013 - Disclosure Requirements EU High Growth Segment London Stock Exchange

UK Financial Services Authority Sets Precedent Under New Penalty Policy

FSA's methodology for calculating financial penalties is expected to lead to significantly higher fines than in the past. On 18 March, the UK Financial Services Authority (FSA) published a final notice imposing a fine...more

3/20/2013 - Financial Services Authority Fines Penalties

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