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JUST FOUR KEY POINTS TO UNDERSTAND ICOs AND IF THEY ARE REGULATED
18th June 2018
The booming world of blockchain token offerings is full of internet postings and myths so this blog is an attempt to explain ICOs in a way which all business people can u...
WHAT IS BLOCKCHAIN?
31st March 2018
• A record of transactions – how does it work? A block is a record of transactions (that could be applied in all sorts of sectors, such as medical data in a database;...
LETTER OF INTENT PART 3 – TIPS ON RAISING YOUR FIRST $1-5 MILLION
31st January 2018
I have recently learned two (positive) lessons from start ups which had problems with their investors. No surprises Investors hate surprises and they appreciate trans...
FOUR BASIC MISTAKES TO AVOID AS A STARTUP DIRECTOR
31st August 2017
Most startup directors are also founders or shareholders, but they often make basic mistakes, some of which involve liabilities. They haven’t done MBAs or law degrees....
LETTERS OF INTENT PART 2 – CASE STUDY: A TRAP TO AVOID
25th July 2017
This is based on a real case which occurred recently in Hong Kong. It applies in other countries too. Does a letter of intent have legal force? See our previous blog...
IS IT WORTH DOING A LETTER OF INTENT?
27th March 2017
Generally, yes – but there are some traps to avoid; and some useful tools you can use. Does it have legal force? You can draft it to be legally binding or not, but...
TOP 5 TIPS ON NDAs – ARE THEY A WASTE OF TIME?
24th December 2016
Generally, no – but you should recognise an NDA’s limitations if you are disclosing confidential information to an investor or buyer or a licensee of your technology....
THE 3 TOP REASONS TO TAKE LOAN NOTES - WE SUGGEST CONVERTIBLE NOTES
16th November 2016
Here are the 3 top reasons: • Interest. Interest on loan notes is normally fixed and payable as a debt. Dividends on preference shares are commonly fixed, but by la...
CAN WE PAY SHAREHOLDERS DIFFERENT DIVIDENDS?
10th October 2016
This question comes up a lot. Management or the controlling shareholders often ask if it’s possible. Generally, it’s a basic principle of company law that dividends a...
WHAT ARE THE USUAL STEPS IN A COMPANY ACQUISITION DEAL?
13th March 2016
PRELIMINARY DISCUSSIONS NON-DISCLOSURE AGREEMENT (NDA) including • Buyer agrees to keep all information disclosed confidential • Seller agrees not to enter discu...
AVIATION SECTOR INVESTMENTS – WHAT SPECIAL DUE DILIGENCE IS NECESSARY?
20th January 2016
Private equity in the aviation sector is very active. If you know your industry, paying for a full form professional written report may not be essential. This sounds radi...
WHAT ARE THE DIFFERENCES BETWEEN A BUSINESS ANGEL AND A PRIVATE EQUITY INVESTOR?
10th November 2015
There can be huge differences between angel investors and the many types of private equity investor. Rather than get technical re senior debt, mezzanine, preference share...
WE ARE DOING AN ASIAN CORPORATE JOINT VENTURE: WHAT LAW CAN WE USE?
1st October 2015
Where is the business going to operate? In Asia, it is quite likely the operating company is going to be in China or a developing country. Now, you could write your JV Ag...
IS IT WORTH PAYING FOR A DUE DILIGENCE REPORT?
15th August 2015
A due diligence report is important but, if you know your industry, paying for a full professional written report may not be essential. This sounds radical. Of course you...
TOP 20 TIPS IN MERGERS & ACQUISITIONS – Dos and don’ts
30th June 2015
DOS – Purchasers: Get a Memorandum or Understanding to commit the SellerGet exclusivity (so that the Seller can’t talk to other buyers)Take tax advice earlyTry to ge...
DO I NEED A SHAREHOLDERS AGREEMENT?
15th May 2015
The answer is – yes. But SMEs often don’t have the budget and they focus on the business not the shareholders agreement, which is totally understandable. Why does...
IS A JOINT VENTURE AGREEMENT ENOUGH?
10th April 2015
A joint venture agreement is not enough. You are asking for trouble if your joint venture’s Articles of Association fail to correspond to the shareholder’s agreement....
MY INVESTOR WANTS PREFERENCE SHARES OR LOAN NOTES – IS THERE A BIG DIFFERENCE?
15th March 2015
Yes there is quite a big difference and it could make a difference to how much of your company you keep. There is a lot of choice about how you structure preference share...
HONG KONG'S NEW COMPANIES ORDINANCE 2014 – DIRECTORS
3rd March 2014
The new law came into force on 3 March 2014. It is a major rewrite of Hong Kong's company law which has taken several years and is aimed at maintaining Hong Kong’s role...
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