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TRADE SALE OR SALE TO EMPLOYEES (IN THE UK)?

Benchmark Report

There has been a significant growth in the number of Employee Ownership Trusts (EOTs) in recent years, and in this article I explore some of the differences between shareholders selling to a trade buyer and selling to a trust set up for this purpose. Introduction.

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What Are NFTs and Why Are They So Controversial?

Reynolds Holding

Nonfungible token (NFT or Token) was the word of the year in 2021, as NFT sales exceeded $4 billion in monthly trading volume in January 2022 after generating more than $23 billion in sales in 2021. What is an NFT? Hence, at first glance, NFTs appear akin to artworks or collectibles. Bipartisan bill introduced on June 1.

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SEC Announces Enforcement Results for Fiscal Year 2023

Reynolds Holding

The Securities and Exchange Commission announced that it filed 784 total enforcement actions in fiscal year 2023, a 3 percent increase over fiscal year 2022, including 501 original, or “stand-alone,” enforcement actions, an 8 percent increase over the prior fiscal year. Grewal, Director of the Division of Enforcement.

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Davis Polk Discusses Recent SEC and CFTC Enforcement Actions

Reynolds Holding

In July and August 2023, the SEC filed 84 actions and the CFTC filed 16, against a combined total of 176 defendants and respondents. These figures exclude follow-on actions, bars and suspensions.) The actions include public company disclosure and crypto matters, among others. July 5, 2023, settled) In the Matter of Dwight H. Benson (A.P.

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M&A: Key Considerations in Transactions with EU Employees

Cooley M&A

Here, we take a look at five important employment issues to be aware of when a transaction includes employees in the EU. Employee Representative Organizations. At the outset of any transaction involving EU employees, it is important to identify whether there is any organization representing the interests of such EU employees.

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Tax Avoidance Through Cross-Border Mergers and Acquisitions

Reynolds Holding

For example, let’s say a firm has operations in a tax-haven like Ireland and a non-haven like the UK, with 10 percent of its sales attributable to its operations in Ireland and 90 percent to its UK operations. Given the differences in corporate tax rates – 12.5 2022) to $600 billion (Crivelli et al., Moreover, Tørsløv et al.

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Davis Polk Discusses Antitrust Agencies’ Proposed Overhaul of HSR Filing Requirements

Reynolds Holding

On June 27, 2023, the Federal Trade Commission (FTC) issued a Notice of Proposed Rulemaking (NPRM) to amend the Hart-Scott-Rodino Act (HSR) Form and Instructions. On June 27, 2023, the Federal Trade Commission (FTC) issued a Notice of Proposed Rulemaking (NPRM) to amend the Hart-Scott-Rodino Act (HSR) Form and Instructions.

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