The U.S. Securities and Exchange Commission recently settled an enforcement action against a U.S. private equity firm for violations that included acting as an unregistered broker in connection with sourcing, structuring and negotiating the acquisition and disposition of portfolio companies and charging transaction fees for those services.
Should the British public vote in favour of leaving the European Union, uncertainty about the impact of Brexit would continue as negotiations over the nature of the UK’s future relationship with the EU evolve over a period of years.
In this article, we explain what registration rights are, why they matter, and the key issues on which private equity firms should focus as they structure these arrangements.
This report is a publication of Debevoise & Plimpton LLP www.debevoise.com EDITORIAL BOARD
Paul S. Bird Editor-in-Chief
Andrew M. Ahern Jennifer L. Chu Rafael Kariyev Scott B. Selinger Simon Witney
Alicia E. Lee Associate Editor