Executive share plans in Russia and the CIS
Effective share-based incentive plans should be designed to align the activities of executives and senior employees with the requirements of the company’s shareholders and meet their expectations with regard to quantum and corporate performance.
There is a growing demand in Russia for employers to establish employee benefit schemes for their employees. There has been an increasing trend to establish cash and share plans in the form of trusts following an increasing awareness of the benefits that trust-based products offer.
This briefing highlights the benefits of trust-based share plans and shows how schemes can be tailored to meet employer- or country-specific requirements…
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These two cases are helpful in terms of how the court sees the inter-relationship between the new article 47 test for mistake and the pre-existing provision of the TJL at article 11.
On 24 November 2014 Guernsey’s Legislation Select Committee passed the Companies (Guernsey) Law, 2008 (Amendment) Ordinance, 2014 with immediateeffect.