News & Insights

Cleveland & Co quoted in an article by Financier Worldwide talking about shareholder agreements amid disputes

by Leela|13 November 2021|Our News

Caroline Sheldon, Associate at Cleveland & Co was recently quoted in an article “A path to equanimity: Shareholder Agreements amid disputes” in the Oct-Dec edition of Corporate Disputes magazine, where she highlighted the importance of ensuring the balance of control and power between directors and shareholders and the shareholder decision-making process is clearly defined. Check […]

Website advertisement: offer of securities under EU prospectus regulation

by Leela|10 November 2021|Industry News

In the case of ADCADA Immobilien AG PCC in Konkurs v the Financial Market Authority (Finanzmarktaufsicht) (Case E-10/20) (“ADCADA”) the European Free Trade Association Court considered whether the offer of securities to the public through publicity on the offering firm’s website was made in accordance with the exemption to the requirement to produce a prospectus […]

FCA provides details on consumer investments strategy and feedback statement

by Leela|4 November 2021|Industry News

BACKGROUND On 15 September 2021, the Financial Conduct Authority (“FCA”) published a three-year consumer investment strategy plan (the “Strategy Plan”), in consideration of responses received in relation to its call for input focused on reducing harm in the consumer investment market, circulated a year ago. In this Strategy Plan, the FCA offered more details on […]

Liability of members of a Limited Liability Partnership (“LLP”) to disqualification

by Leela|19 October 2021|Industry News

The High Court dismissed an application (the “Application”) by former members of an LLP to strike out claims against them pursuant to section 6 of the Company Directors Disqualification Act 1986 (“CDDA”) in the case of Re Pottinger Private Limited [2021] EWHC 672 (Ch) (also known as Secretary of State for Business, Energy and Industrial Strategy […]

Setting the Environmental, Social & Governance (“ESG”) benchmark – The ILPA ESG Framework

by Leela|14 October 2021|Industry News

The Institutional Limited Partners Association (“ILPA”) has recently released an ESG assessment framework (the “Framework”) to help limited partners (“LPs”) assess the ESG approach and integration adopted by fund managers. ILPA has commented that the Framework is designed to help LPs evaluate and benchmark general partners’ (“GPs”) responses to due diligence efforts, inform goal-setting conversations with GPs […]

Webinar: Which law prevails?

by Leela|8 October 2021|Industry News

While it is indisputable that governing law clauses are important, this case law evidences how essential it is and what the court’s approach is in the event that no governing law clause is present.

Webinar: Special purpose acquisition companies (“SPAC’s”): everything you need to know in 10 minutes!

by Emma Cleveland|8 October 2021|Industry News

Ever wonder what a Special Purpose Acquisition Company (SPAC) is and what are the regulatory requirements around setting one up? Take a look at our webinar to find out how you can use SPAC to raise capital.

Cleveland & Co are proud to share our feature in The History of Parliament Trust book on British leadership and innovation

by Leela|7 October 2021|Industry News

Cleveland & Co are delighted to be featured in the official History of Parliament Trust publication entitled ‘300 Years of Leadership and Innovation’, where we will be featured in the Women in Leadership chapter which includes innovative companies that are run by women, profiles of female professionals and organisations that champion “women in business”. The […]

Cleveland & Co quoted in an article by Financier Worldwide talking about the Investment Firm Prudential Regime

by Leela|6 October 2021|Our News

Carol Dratovsky Goes, Senior Associate at Cleveland & Co was recently quoted in an article “Devil in the detail: preparing for the IFPR” in the Oct-Dec 2021 edition of Risk & Compliance magazine talking about the Investment Firm Prudential Regime (“IFPR”) in the UK, which comes into force on 1 January 2022. Check out the […]

FCA portfolio letter for investment-based crowdfunding firms

by Leela|30 September 2021|Industry News

On 17 August 2021, a portfolio strategy letter (the “Letter”) was published by the Financial Conduct Authority (the “FCA”) for firms belonging to the investment-based crowdfunding (“IBCF”) market. The aim of the FCA’s Letter is to ensure that crowdfunding firms are promoting investment opportunities in an appropriate manner to assist consumers in gaining an understanding […]