DMMS

November 2016 ELN meeting in Paris

Were delighted to host the members of ELN on November 17th and 18th.

With the exception of Scott BARTEL and Gregorio CANALES, all the firms belonging to ELN were represented.

However, Scott and Gregorio have been able to participate to the Friday afternoon meeting trough audio conference.

As always, in a friendly and relaxed atmosphere, the representatives of each firm made a short review of the main events which took place since the last gathering.

Raquel GARCÍA-ARGUDO MENDES (COLÓN de CARVAJAL / Madrid) made a detailed presentation on the brand new partnership establish between her firm and the Chinese law firm GRANDALL (国浩律师事务所).

Sheldon CORDELL narrated his trip to China and gave an account on the various contacts made in order to arrange exchanges with Chinese law firms.

Raquel also presented the journey in China she was undertaking with Alfredo SOLANA at the beginning of December in order to meet the representatives of various firms belonging to the GRANDALL network.

Finally, the representatives of JOELSON (Sheldon CORDELL, Philippa STURT and David MERSON) set forth the possible consequences of the “BREXIT” on legal activities in Great Britain.

DMMS thanks all participants for their presence and participation to the exchanges.

The next meeting which shall take place in spring 2017 will be hosted by COHEN GRIGSBY either in Pittsburg or in Naples.

 

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Vissers Advocatuur

European Lawyers Network at the Spring meeting hosted by Vissers Advocatuur in Hertogenbosch

From 26 May to 28 May, Vissers Advocatuur as Dutch member of ELN, hosted the spring ELN meeting in the historical city of Hertogenbosch (the Netherlands), home of the genius painter Jeroen Bosch a.k.a. El Bosco.

The ELN members meet at least every six months, to maintain their strong relationship and discuss current affairs in the respective countries. Apart from the meetings the ELN members cooperate on several cross border projects and have the privilege to be able to receive quick consultants from each member firm on several international legal issues.

It has been a great pleasure to host the meeting and to welcome our legal partners and friends.

Remco Wortel
Vissers Advocatuur Managing partner

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European Lawyers Network meeting in Frankfurt am Main, Germany
BHP Boegner Hensel & Partner

European Lawyers Network meeting in Frankfurt am Main, Germany

ELN-FRANKFURT From Thursday 28 May to Saturday 30 May 2015 the EUROPEAN LAWYERS NETWORK (ELN) met in Frankfurt am Main, Germany. ELN member firms from England, the United States, Mexico, Italy, France, Belgium, the Netherlands,Turkey and Germany attended the meeting, which was hosted by German ELN member firm BHPBHP Bögner Hensel & Partner.

The member firms discussed recent legal, economic and tax developments in different countries and its impact on their clients’ national and international business. Experiences of the ELN member firms with these developments and outlooks for future developments have been in the focus of these discussions. The next meeting of the ELN member firms will be held in November 2015 in Monterrey in Mexico.

We thank all participants for attending the meeting and participating in the discussions.

Maximilian Rittmeister
BHP Bögner Hensel & Partner

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Tetralaw

The premises for a true capital markets union in the European Union

The free movement of capital is one of the fundamental principles that, since 1957, have governed construction of the European Union. In spite of various initiatives and developments in financial law, the free movement of capital within the European Union still has not be fully achieved: the capital markets are still characterised by serious fragmentation and continue to be organised along national lines.

Therefore, on 18 February this year, in the framework of its investment plan, which is intended to encourage employment and growth in Europe, the European Commission (the “Commission”) officially launched a project aimed at creating a single capital market covering all of the 28 Member States.

You can read the rest of the Tetralert by downloading the document here.

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Cohen and Grigsby

Delaware Court of Chancery Examines Relationship between Company’s Drag-Along Right and Stockholder’s Waiver of Right to Appraisal

In Halpin v. Riverstone National, Inc., the Delaware Court of Chancery examined the language of a stockholders’ agreement to determine whether Riverstone had properly exercised its contractual drag-along right and triggered a waiver by minority common stockholders of the statutory right to appraisal of their shares. The court held that the express language of the stockholders’ agreement limited the exercise of the company’s drag-along right to a vote in favor of a merger that had been proposed (i.e. was prospective only) but did not apply when minority stockholders were asked to consent to the merger after the fact once the merger had already taken place.

Read the complete article here.

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