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16 Aug 2018
Corporate Liability & Penalties for Irish Companies Connected to Corrupt Individuals
The Criminal Justice (Corruption Offences) Act 2018 (the "Act") came into force on 30 July 2018. The Act consolidates Irish law on bribery and corruption and introduces tougher penalties and new offences such as corporate liability, meaning a company may now be guilty of an offence if anyone acting on its behalf is found guilty of corruption.
20 Jul 2018
This Company Law Update deals with the following:
- When Does a Parent Company Become Liable for the Actions of its Subsidiary?
- UK Supreme Court Confirms Effectiveness of 'No Oral Modification' Clauses
- UK Guidance on Whether Intragroup Guarantees and Loans Amount to Distributions
- When Can Criminal Liability be Attributed to a Corporate Manager or Person in a Similar Office?
27 Jun 2018
Maples and Calder has once again been recognised for its cross border restructuring expertise on the successful restructuring of Ocean Rig UDW and three of its subsidiaries comprising US$3.7 billion of financial indebtedness by receiving the award for "Innovation in Cross-border Insolvency and Restructuring" at the GRR Awards 2018
5 Jun 2018
The British Virgin Islands ("BVI") is a well-established jurisdiction of choice for international businesses, and has long provided innovative legal structures for cross border trading and investment activity.
The jurisdiction has now sought to enhance its reputation as a cost-effective provider of legal structures with the new Micro Business Companies Act 2017 (the "Act") which came into force on 4 June 2018.
31 May 2018
Maples and Calder has been recognised for their recent Cayman Islands and Irish legal advice to Ocean Rig UDW and three of its subsidiaries on the successful restructuring of US$3.7 billion of financial indebtedness. The complex and cutting edge restructuring, which is the largest ever Cayman Islands cross border debt restructuring, secured the firm "Restructuring of the Year ($1B - $5B)" and "Energy Deal of the Year" at the 10th Annual M&A Advisor Awards.