Bracell will be privatised by way of
a scheme of arrangement under the Bermuda Companies Act and in accordance with the requirements of the Hong Kong Code on Takeovers and Mergers and the listing rules of the Hong Kong Stock Exchange.
Re Anglo American Insurance Co Ltd [2001] 1 BCLC 755 (Neuberger J. — Chancery Division) Questions concerning set - off arrangements raised on the hearing of a petition seeking sanction for a creditors»
scheme of arrangement under Section 425 of the Companies Act 1985.
The transaction was structured by way of
a scheme of arrangement under Part 26 of the Companies Act 2006.
Ben's transactional work has included both creditor and member
schemes of arrangement under Part 26 of the Companies Act 2006, numerous reductions of capital and other reserves for listed public companies and cross-border mergers under the Companies (Cross-Border Mergers) Regulations 2007.
He was instructed for the preference shareholders in the Barings Litigation; Law Debenture Trust Corporation Plc v Elektrim Finance NV and Ors (termination of trust bond under Saunders v Vautier rule); advised a major rock group (Queen) on a shareholder dispute; been instructed in respect of shareholder disputes in the Cayman Islands and the British Virgin Islands; recently advised on two separate
schemes of arrangement under s. 425 of the Companies Act; recently appeared in the Turks & Caicos Islands on multi-million dollar breach of director's duties; acted in the US$ 3bn shareholder dispute between Telenor East and Vimpelcom and Altimo Group; acted for bank seeking to recover US$ 200m in VTB v Nutritek (Supreme Court judgment).
Not exact matches
Both KKR and TPG want to do the deal
under a
scheme of arrangement proposal.
The introduction
of these
arrangements did not stem the growing complexity
of the system, and generated a «better - off» problem, where payments differed
under each
scheme.
Under «relief at source»
arrangements, members
of pension
schemes who do not pay income tax are nonetheless permitted to basic rate tax relief (20 per cent) on pension contributions up to # 2,880 a year.
For example, you can vote against a proposed
scheme of arrangement, decline to accept an offer
under a takeover bid, or object to a notice
of compulsory acquisition.
Although SimpleTuition discloses its monetary
arrangements with loan providers on its site, the company has come
under criticism for conflicts
of interests having to do with pay - for - placement
schemes.
The study has used data on the monthly output
of wind farms in the UK and Denmark reported
under regulatory
arrangements and
schemes for subsidising renewable energy.
The study has used data on the monthly output
of wind farms in the UK and Denmark reported
under regulatory
arrangements and
schemes for subsidizing renewable energy.
He has been involved in preparing
schemes of arrangements between companies and their creditors and reconstruction and amalgamation
schemes for solvent groups
of companies, often
under time - sensitive and pressing conditions.
The decision targets tax shelter
schemes and the level
of protection afforded those who administer tax
arrangements, and confirms that tax preparers and planners, and likely donors too, are on their own when it comes to civil penalties imposed
under the ITA.
He has acted for the liquidator in Edennote v Terry Venables; successfully resisted the winding - up
of Stock, Aiken & Waterman; acted for the preference shareholders in the Barings dispute; advises on claims involving the transaction avoidance provisions
of the Insolvency Act; appeared in Edward Klempka: In Re Parkside — important authority on the question
of what amounts to a preference when dealing with common directorships; acted for the Cayman Islands» appointed SPC Receiver in the # 100m Axiom LItigiation Funding Fraud case which involved the first case
of a SPC Receiver being recognised
under the Cross-Border Insolvency Regulations 2006; has recently advised on several
schemes of arrangement; regularly advises on recovery
of assets in an insolvency context using the transaction avoidance rules.
Advised a national construction company on the flat - rate
scheme for small businesses
under the Value Added Tax (Amendment) Regulations 2017 in the context
of the commercial
arrangements for a proposed multi-million GBP trading enterprise (with Roderick Cordara QC).
It was also relevant that
under a CVA all the creditors
of the company vote in one block — in a
scheme of arrangement different classes
of creditors are separated from each other and can veto in their separate capacities.
Advising the UK based pension
scheme of an international transport company in defeating a proposed
arrangement under which the UK pension liabilities would have been left behind in a restructuring
of the larger international group.
Burroughs Day intended to conduct the claims as group litigation, and it expended time and money investigating the state
of development
of the handling
arrangement to enable it to assess what its clients would have received
under that
scheme.
Authorities will consequently have in place
schemes of delegation for both authority functions
under s 101 and those conducted on the authority's behalf
under executive
arrangements.
The Tier 5
scheme is intended to ensure that the number
of young workers entering the country
under this tier mirrors the number
of UK nationals benefiting from reciprocal
arrangements overseas.
However, if the value
of the digital coins acquired is affected by the pooling
of funds from contributors or use
of those funds
under the
arrangement, then the ICO is likely to fall within the requirements relating to MISs [managed investment
schemes].