Navigating the De Facto Merger Doctrine: Risks and Strategies for Financial Buyers
In American corporate law, the principle of separating liabilities from assets in a company’s sale is fundamental. Typically, when a buyer acquires a company’s assets rather than its equity, they can avoid inheriting the company’s liabilities. However, one exception to this rule, known as the “de facto merger doctrine,” poses a significant risk for financial […]
New York, London keeps top spots in global financial centres index
New York easily kept the top spot in the latest Global Financial Centres Index (GFCI). This is according to the ranking that was published. And then, London is held on to second place as Chinese cities slipped. The index was published by the Z/Yen Group in partnership with think-tank China Development Institute. This is a […]