Covid-19 equity raises could be subject of litigation

By Jasper Cox
26 Oct 2020

Companies raising equity in the UK this year — amid a very uncertain outlook for business prospects — may risk opening themselves up to claims related to the information they disclose or do not disclose, according to lawyers at Herbert Smith Freehills.

"Given the volatility in the markets, impact on the oil price and uncertainty as to the future outlook, we have entered a period of increased litigation risk for companies making public statements," said Simon Clarke, Harry Edwards, Chris Bushell and Sarah Penfold in a paper for Herbert Smith ...

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