Under the Biden Administration, the U.S. Securities and Exchange Commission is expected to be aggressive in bringing enforcement actions against alleged corporate wrongdoers.
The UK Supreme Court has confirmed that Asda retail employees (who are nearly all women) can continue their claim for equal pay as compared to Asda’s distribution centre employees (who are nearly all men). The fact that they worked exclusively at different sites did not prevent the comparison. The decision removes one potential hurdle for claimants in equal pay litigation.
In brief On 1 June 2021, Act No. 37/2021 Sb., on Registration of Ultimate Beneficial Owners (“Act”), will…
For over 40 years, the team at Baker McKenzie’s Bangkok office has assisted foreign individuals and international companies who are seeking investment opportunities in Thailand. Doing Business in Thailand 2021 is your practical guide to the legal framework in which business is conducted in Thailand, written by our market-leading legal…
Sustainable Finance as a trend and financing option has grown exponentially and shows no signs of slowing down.…
All 27 EU member states must implement the European Restructuring Directive of 20 June 2019 by 17 July 2021. The Directive was in part a reaction to the phenomenon observed with continental European companies in a financial crisis to restructure their debt under an English Scheme of Arrangement. The Scheme of Arrangement, which is not an insolvency process, offers the possibility to implement a debt restructuring on the basis of a majority decision by the creditors. Under these rules, a single “hold-out” creditor is unable to block a reasonable restructuring plan if the majority of creditors approves it.
Trust matters today more than ever before. In the era of fake news, online animus and political polarization, trust is the lens through which people make decisions about what they believe in and value. There is also an undeniable link between trust and sustainable commercial success — the most trusted organizations…
In brief What’s new? On April 9, the Superintendence of Companies (“SS”) issued the External Circular No. 100-000004…
In brief Welcome to Baker McKenzie’s new Labor and Employment video chat series for US employers. Our lawyers…
In brief Following the end of the UK tax year on April 5, 2021, annual share plan returns may now be filed online with HMRC. All companies with open share plan registrations with HMRC are required to submit an annual return, even if it is a nil return (i.e., even…