The U.S. Securities and Exchange Commission (SEC) has expanded its nonpublic review process for draft registration statements, offering issuers greater flexibility when preparing for public offerings. The changes, which are effective immediately, aim to streamline the registration process while maintaining investor protections. Key Enhancements 1. Expanded Eligibility The SEC now allows all issuers—regardless of how long they have been reporting companies under…

In a landmark ruling, the English Commercial Court has set aside an investor-state arbitral award under Section 68 of the Arbitration Act 1996, citing serious procedural irregularities that compromised the integrity of the arbitration process. Background The dispute involved a group of investors—Emma Louise Collins, Aman Lakhaney, Khadija Bilal Siddique, Colome Investments Limited, and ALKBS…