Latest developments in the UK government’s efforts to cut back red tape in employment law
In the past two months, the UK government has announced a number of reforms to existing UK employment law which are designed to “give firms more flexibility and confidence in managing their workforce” and reduce the “red-tape” of employment law where possible. The proposed reforms also seek to extend and simplify employee share ownership. This Client Alert reviews the latest proposals.
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Briefings from Latham & Watkins
Jurisdiction of the Hong Kong Courts re winding up and unfair prejudice petitions — offshore companies
Hong Kong law contains a number of provisions designed to protect the interests of minority shareholders, including the “unfair prejudice” remedies under section 168A of the Companies Ordinance and the Ordinance’s “just and equitable” winding-up provisions.
The EU’s banking union proposals, consolidating the European regulatory supervision of credit institutions
On 12 September 2012 the European Commission adopted legislative proposals, including a draft EU Regulation, to establish a single supervisory mechanism for banks which is to be led by the European Central Bank.