Russia: Amendments To Ability To Disseminate Information On Securities

The Russian Federal Service for Financial Markets issued an order (with effect from 17 February 2012) allowing the dissemination of information on securities designated for qualified investors (QIs) (which arguably covers securities of foreign issuers not admitted to public placement/circulation in Russia) to non-QIs in Russia subject to (i) sending a notice to such non-QIs that the information is designated for QIs and is not intended for public distribution and (ii) receiving an acknowledgement […]

By | June 22nd, 2012 ||

France: Supplementary Pension Schemes Contributions Reform

The social security contributions regime for supplementary pension schemes has been radically overhauled over the past two years. As a result, the social security contributions payable in respect of supplementary pension schemes has increased dramatically. At the employer’s choice, these contributions are based either on the amount of the pension accrued or on the contributions made into the pension scheme on the employee’s behalf. These contributions are then allocated to an “old-age solidarity fund”.

Employers’ […]

By | June 20th, 2012 ||

Alberta Employment Law Update Spring 2012

N THIS ISSUE

Subsequent event evidence. The Alberta Court of Queen’s Bench overturned a Provincial Court decision, noting the differences between after-acquired knowledge and post-termination conduct, and clarifying the proper test for reasonable notice.
Contractual salary suspension and non-solicitation provisions. The Alberta Court of Queen’s Bench held that contractual salary suspensions of a plaintiff sports agent during the NHL lockout were admissible, provided the agent still received the minimum wage. The Court also held that the agent’s knowledge […]

By | May 30th, 2012 ||