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Member Articles


Jouissance Shares for the Founders in the Turkish Commercial Code

Contact: Prof. Dr. H. Ercument Erdem; Erdem & Erdem Law Office (Turkey) Introduction Jouissance shares are the securities, different from the share certificates, which do not provide its holder with any shareh ...

How a Non-Executive Director could help your business

Contact: John Warchus; Clarkslegal (Reading, England) “Non-Executive directors are a resource seriously under utilized by small and medium sized businesses… There is evidence that businesses that access and exp ...

U.S. Circuit Court Affirms Promissory Note Exchange Resulted in Section 16 Short-Swing Profit Liability

Contact: Herrick, Feinstein LLP (New York, New York, USA)   The Second Circuit affirmed a decision which found that an investment partnership violated the short-swing profit provisions of Section 16(b) of the ...

U.S. District Court Rules NDA “Use Restrictions” May Limit Pursuit of Alternative Opportunity

Contact: Herrick, Feinstein LLP (New York, New York, USA)  The Southern District of New York in refusing to dismiss a breach of contract claim found that “use restrictions” in a non-disclosure agreement (“NDA ...

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