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The Prudential Regulation Authority (PRA) has given some further colour on how it intends to supervise international banks operating in the UK.
These are contractual terms between shareholders that are usually included in the articles of association.
The European Parliament has published its resolution on the proposal for a Regulation of the European Parliament and Council on trials on medicinal products for human use.
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.
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.
If the company makes any future share offering, a venture capital investor will require the right to maintain at least its percentage stake in the company.
Latest news — April 2014: the training of UPC judges; local and regional UPC divisions announced; and more
The Preparatory Committee has now formulated a number of categories of suitability of the candidates, including those with training needs.
A decision by the German Federal Court of Justice has confirmed the broad interpretation of the term ‘health claim’ in the context of Regulation (EC) No 1924/2006.
Taylor Wessing’s Simon Walker explains the terms ‘drag along’ and ‘bring along’.
Venture capital investors will have certain consent and voting rights that attach to their class of shares.
On 28 November 2013, the European Commission announced a proposal for a directive on trade secrets and confidential information.
The European Medicines Agency launched a new post-marketing surveillance system in the autumn called the ‘Black Triangle’ scheme.
The Court of Justice of the European Union has made its ruling in the case AstraZeneca AB v Comptroller General of Patents, Designs and Trade Marks.
Venture capital investors will agree with the company in which they intend to invest on a valuation for the company prior to the new investment round.
When considering whether a sign ‘consists exclusively of the shape of goods that is necessary to obtain a technical result’, the court is not confined to looking at the sign as filed.
Iceland Foods applied to register in the UK the trademark ICELAND (both figurative and word marks) for fish, meat, game and poultry.
The German Federal Court of Justice has found that a party does not need to intend to take unfair advantage of the distinctiveness of a mark without due cause.
The EU General Court has upheld an OHIM Board of Appeal decision refusing Deutsche Bank’s application for the word mark ‘PASSION TO PERFORM’.
The KORNSPITZ revocation case reminds brand owners that marks must act as badges of origin for the ultimate consumer of the goods, rather than intermediaries...
The CJEU has given a procedural judgment in a trademark cancellation case, clarifying the ground rules for EU courts in assessing the legal arguments made before them.