33100500_1 4 Belgium v Spain (Barcelona Traction) ICJ 1970 Belgian shareholders in Canadian company with investment in Spain. After Spanish courts/ authorities seized assets, Belgium sought to assert right to espouse diplomatic protection on behalf of shareholders.
Understanding the Best Interest Contract (BIC) Exemption Initially a more controversial part of the initial DOL proposal, the final rule includes a Best Interest Contract exemption that allows a financial institution to receive variable compensation.
of a Cayman Islands exempted company as a âsegregated portfolio companyâ. (âSPCâ), with protected cells or portfolios. An SPC is a single legal entity whose assets and liabilities can be allocated to different. cells or segregated portfolios within the company.