201510.27
0

Employee Share Schemes – ‘Golden Handcuff’ or Reward for Past Services?

This is our second article in our series of articles on Employee Share Scheme (“ESS”). The characterisation of ESS has affected whether benefits under option schemes should proportionately reflect the period of employment during the operation of scheme. The case of Canizales v Microsoft Corporation (2000) 99 IR 426 (‘Canizales’) involved a Microsoft executive from…

201510.27
0

Employee Share Schemes – Introduction

Are you an employee being invited to participate in an employee share scheme? Or perhaps you are an employer considering an employee share scheme as part of the remuneration package offered to employees. If so, read our three article series to get an overview of employee share schemes (“ESS”). ESS enable employers to remunerate their…

201510.20
3

Convertible Notes – Issues in Insolvency – MurdockCheng Legal Practice

Convertible Notes – Issues in Insolvency – MurdockCheng Legal Practice Have you ever wondered what a convertible note is or whether it is suitable for your company to issue them? Or how they operate when a company becomes insolvent? A convertible subordinate loan note (“convertible note”) is a short term debt security that carries a…