Publication
This year’s Africa Energy Forum presents a unique opportunity for African collaboration
In the rural village of Gwanda, Zimbabwe, a mother walks several kilometres each day to find firewood so she can cook for her children.
US securities law liability for securities issuers outside of the United States in a post-Toshiba environment
United States | Publication | February 2020
Authors: Kevin Harnisch, Andrew Price, James Bateson and Patrick Doyle with Norton Rose Fulbright; and David Ho and Nepomuk Loesti with American International Group, Inc.
A recent decision from a US appellate court may change the way that non-US companies view the sale of their securities in the US. That case, Stoyas v. Toshiba Corp., found that a foreign issuer could be liable under US securities laws for a sale of its securities in the US, even if the company was not involved in the sale. This creates real risk for publicly-traded, non-US companies.
In the full white paper, we discuss:
- The recent decision in Toshiba and the circumstances under which US courts have decided that a foreign issuer can be held liable for transactions in its securities under US securities laws.
- Practical steps foreign issuers can take to mitigate exposure risk to US securities laws.
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The future of regional power trade in Southern Africa
Southern Africa is a key focus of attention at the present time, as it faces a perfect storm of an energy emergency due to hydropower generation being severely impacted by reduced water levels due to droughts whilst the demand of its regional miners for clean baseload power rapidly accelerates.
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