Introduction “Distress” generally means that the company is having difficulty dealing with its liabilities. Before a crisis erupts and thoughts turn to formal bankruptcy proceedings, Read More »
Tag Archives: Finance
Feed SubscriptionCrowdfunding as alternative financing
November 15, 2013
Small-scale commercial and non-commercial projects are finding it increasingly difficult to raise financing. The reason for this is that banks are required to maintain more equity and subsidies are drying up in many places. An alternative form of financing has been found for this group: crowdfunding. What is crowdfunding and ... Read More »
The Company Service Providers Bill, 2013
November 5, 2013
The purpose of this proposed Act is to implement Article 36 of Directive 2005/60/EC of the European Parliament and of the Council of 29 October 2005 on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing, in so far as the ... Read More »
Article on small holding companies to opt out audit
June 25, 2013
1 January 2013 an amendment to the Danish Financial Statements Act § 135 became effective. According to the amendment holding companies in reporting class B (limited liability companies and Read More »
Draft bill on market unity guarantees
March 28, 2013
The Spanish Council of Ministers meeting held on Friday 25 January has given the green light to the Market Unity Guarantees Bill (hereinafter, the “Act”) aimed at ensuring the free movement of Read More »
The new simplified procedure of corporate mergers and divestitures set forth in Legislative Decree no. 123/2012.
March 26, 2013
The Legislative Decree no. 123 dated June 22, 2012 (the “Decree”), implementing the European Directive 2009/109/EC dated September 16, 2009 Read More »
SEBI introduces investment advisers regulations, 2013
February 27, 2013
Securities and Exchange Board of India (“SEBI”) has introduced the SEBI (Investment Advisers) Regulations, 2013 (“Regulations”) to regulate obligations for investment advisers Read More »
Public sector receivables financing: new rules enacted by the Italian government
December 20, 2012
Public sector suppliers have often experienced difficulties in the collection of payments due from clients belonging to the Italian public administration. Moreover, Read More »