Date Published: 21 January 2021
Key contacts: Wong Pei-Ling and Jolyn Wah.
With the conclusion of negotiations, and 1 January 2021 having come and gone, Brexit is finally here to stay!
In this briefing on the Brexit trade deal, Mr Charles Pigott of Mills & Reeve LLP (CNPLaw’s fellow SCG member firm in the UK) has expertly summarised the EU-UK Trade and Cooperation Agreement, which spans over 1,200 pages, into 2 pages.
For more insights on the implications of Brexit including data protection, intellectual property and supply chains, please access Mills & Reeve LLP’s Brexit Hub.
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Disclaimer: This update is provided to you for general information and should not be relied upon as legal advice. The editor and the contributing authors do not guarantee the accuracy of the contents and expressly disclaim any and all liability to any person in respect of the consequences of anything done or permitted to be done or omitted to be done wholly or partly in reliance upon the whole or any part of the contents.
Every business involves an amalgam of various stakeholders, such as investors, shareholders and directors. Ideally, each of these stakeholders should have a common vision of what is best for the company. However, this is rarely the case when individual interests are factored into the equation.
Stakeholder conflicts (regarding issues such as breaches of fiduciary duties, derivative actions, shareholder oppression, management deadlocks, management compensation, dividend payments and buy-outs) can be a thorny issue and can leave a company crippled if not addressed promptly.
Given the diversity of interests at play, we appreciate that a multi-faceted approach is usually the most cost-efficient method of resolving stakeholder conflicts. Therefore, we provide clients with ready access to an integrated team of lawyers (combining the experience of our corporate, dispute resolution and employment law practices where applicable) who will effectively engage the relevant stakeholders in discussions on how best to resolve their differences amicably.
More often than not, clients are able to avoid costly protracted court proceedings and resolve stakeholder conflicts with discretion and expediency.