Pensions Pieces: proposed amended disclosure regulations

As mentioned in Taylor Wessing’s Pensions Pieces article in July 2013, the government consulted on a new set of regulations to draw together the disclosure obligations in relation to personal, occupational and stakeholder pension schemes, with a view to bringing these into force in October 2013. In a response to the consultation published last summer, the Department for Work & Pensions (DWP) announced, among other things, that the regulations would be delayed until April 2014, with a draft laid before parliament in advance…

Click on the link below to read the rest of the Taylor Wessing briefing.

Briefings from Taylor Wessing

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    A ratchet is a structure whereby the eventual equity allocations between the shareholders depend on future performance of the company or the rate of return achieved by the venture capital firm.

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    The venture capital investors in an investment round normally require that certain actions cannot be taken without the consent of the holders of a majority of their class or series of shares.

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Analysis from The Lawyer

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    Crunch boom

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