SO, YOU WANT TO KEEP THE BEST FRUITS, HUH? See what ESOP can do for you!

The Employee Share Option Plan is a tool that one can use to attract, motivate and retain the best team. Before jumping the fence and introducing such a plan though, businesses have to give much thought about how is the best way to set up a plan and stick to it. This Note tries to lay out some of the strategies and issues worth giving some thought.     

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THE “NEGATIVE PLEDGE” COVENANT: IS IT A DOUBLE-EDGED SWORD UNDER ARMENIAN LAW?

The “Negative Pledge” covenant is standard language in a host of financial transactions, such as subordinated loans and unsecured bond issuance (both of which the Armenian financial markets are experiencing extensively lately). Does this covenant work as a sensible legal protection in the Armenian reality?    

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PUTTING TOGETHER THE EMPLOYER PROTECTION PUZZLE: DO NEGATIVE COVENANTS ACTUALLY WORK?

Over the past few years, businesses involved in science and technology are facing increased pressure to come up with measures to protect their interests as employees are gaining more mobility and demand globally. This Note tries to lay out some of the options that employers may have in designing and enforcing “negative covenants”.

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Armenian Investment Funds Outlook: True Regulatory Heaven Everyone is Looking for

Over the past few years, there is an increased interest towards the regulatory regime applicable to investment funds in Armenia. This client note provides a quick overview of the key reasons for such interest.

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