This white paper provides a round-up of corporate and company law developments, plus highlights of legal developments from other practice areas relevant to private equity.
A number of recent developments have highlighted the potential exposure of private equity firms to competition law risks as a result of the activities of their portfolio companies. This white paper looks at what private equity firms need to watch out for and how they can minimise the risks that…
This white paper summarises developments affecting the investment funds industry from 2011 and looks at key issues for 2012. This will be of relevance to managers and investors in a wide range of alternative asset investment funds.
In early 2012, the SFO sent a warning when it obtained obtained a civil recovery order under the POCA 2002 enabling it to claw back dividends from a shareholder of a company convicted of a criminal offence. This white paper details the actions that private equity firms are, or should, be taking.
The Weavering judgment gives very specific examples of the ways in which the directors of an investment fund were held to have failed to fulfil their duties and sets out important guidelines for fund directors.
2011's Finance Act introduced far-reaching anti-avoidance provisions referred to as the disguised remuneration rules. These rules could potential apply to the acquisition of and returns from carried interest or an interest in a co-invest vehicle.