Contracting with the Ghanaian government or government entities – some...
Introduction - In its recent decision in the case of Felix Klomega v The Attorney General and others, the Supreme Court in Ghana has provided much needed guidance to the international community when...
View ArticleNo more bearer shares – Warning: Deadline looming
Since the Small Business, Enterprise and Employment Act 2015 (SBEEA 2015) received Royal Assent on 26 May 2015: ..New bearer shares/warrants (bearer shares) may no longer be issued as from 26 May 2015...
View ArticleThe Small Business, Enterprise and Employment Act 2015
The Small Business, Enterprise and Employment Act 2015 (the ‘Act’) received Royal Assent on 26 March 2015 and its implementation will change a number of aspects of company law over the next 18 months....
View ArticleAvoiding Unenforceable Penalty Clauses
The Supreme Court in 2015 reviewed and redefined the rules governing unlawful penalty clauses. The new test considers whether there is a legitimate interest in creating damages or a fine and whether...
View ArticleThe PSC Regime – Persons with Significant Control
Background This is the third in a series of client alerts published about the Small Business, Enterprise and Employment Act 2015 (SBEEA) - the impetus for a number of changes to the Companies Act...
View ArticleMercury signing – guidance on the execution of documents
Following the decision in the Mercury Case, a practice of ‘virtual signings and closings’ has developed to avoid the logistical problems in getting a document signed. This guidance provides a...
View ArticleRegistration of Beneficial Owners – Changes to the UK PSC Regime
The UK government has published legislation to implement changes to the UK ‘people with significant control’ (PSC) regime to bring it into line with the Fourth Money Laundering Directive ((EU)...
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