News & Analysis as of

Share Capital

New Saudi Companies Law – Accumulated Losses and Risk of Statutory Dissolution

by Latham & Watkins LLP on

For the past few decades, the obligations of companies with losses reaching 50% or more of their share capital has been a topic of high debate in the Kingdom of Saudi Arabia. That is due to the uncertainty surrounding the...more

Restricted Stock Units (RSUs): What is going to change with “Macron” Bill?

by Reed Smith on

The so-called ‘Macron law’ enacted on 6 August 2015 significantly changes the rules governing Restricted Stock Units (RSUs). Major changes are designed to make RSUs more attractive for employees. This is in contrast to...more

French Supreme Court rules out liability for undercapitalising companies

by Reed Smith on

Minimum share capital requirements have disappeared from French legislation over the last few years, leaving the société anonyme as the last and only commercial company with such a requirement, set by the French Commercial...more

Restricting Share Capital Reductions in Takeovers

by Dechert LLP on

The Companies Act 2006 (Amendment of Part 17) Regulations 2015 (the “Regulations”) came into force on 4 March 2015. The Regulations amend section 641 of the Companies Act 2006 to prevent a company from reducing its share...more

Amendments to the Company Law of the People's Republic of China

by Davis Wright Tremaine LLP on

On Dec. 12, 2013, the sixth meeting of the Standing Committee of the 12th Session of the National People’s Congress amended 12 provisions of the Company Law of the People's Republic of China (the “Company Law”). These changes...more

CIS Legal Update - May 2013: Luxembourg Holding Companies and Other Structures

by Dechert LLP on

With the continuing banking crisis in Cyprus, it is not surprising that other jurisdictions with legislation conducive to holding structures are receiving increased attention. Luxembourg, for example, is known for having a...more

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