In December of 2018 a potentially transformative event occurred within UK corporate law and governance with the coming into force of the Revised Corporate Governance Code and its requirement that ‘the board should establish the company's purpose'. This article explores how the Code's...

Financially distressed companies are more likely to be rescued as going concerns if they enter into debt restructuring early whilst still high up on the ‘demise curve’. In Hong Kong, early-stage non-consensual debt restructuring is effected via the scheme of arrangement. Yet, despite the...

In an earlier note, WY Wan, “Recent Developments in Singapore on Company Law and Regulation: Review of the Singapore Companies Act” (2014) 35 Company Lawyer 143, this author discussed the first part of the main amendments to the Companies Act that were recommended by the Steering Committee...

This paper analyses deal protection devices, specifically termination fees and lockup agreements, that are entered into by publicly listed target companies in favour of the preferred bidders under Anglo-American law. US (specifically Delaware) and UK law and regulation differ markedly in the...