Anteris Technologies Global Corp, in the matter of Anteris Technologies Global Corp
A company missed the 5-business-day deadline for a cleansing notice after issuing depositary interests, and the Court made orders treating the late notice as effective from the original issue date so on-sellers are protected from liability.
What it means for business
Consider tightening the post-issue checklist so cleansing notices are diarised against the 5-business-day deadline.
What does this mean for your business?
If this development touches your contracts, compliance or reporting, it may be worth a short conversation. Get in touch through our contact page and a senior lawyer will reply within one business day.
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