Q&As

Who can apply to appoint an independent party to resolve a dispute under the Institute of Chartered Accountants in England and Wales’ (ICAEW) President Nomination Scheme?

read titleRead full title
Published on LexisPSL on 23/06/2021

The following Corporate Q&A provides comprehensive and up to date legal information covering:

  • Who can apply to appoint an independent party to resolve a dispute under the Institute of Chartered Accountants in England and Wales’ (ICAEW) President Nomination Scheme?

Who can apply to appoint an independent party to resolve a dispute under the Institute of Chartered Accountants in England and Wales’ (ICAEW) President Nomination Scheme?

Corporate transactional agreements (such as M&A, PE and JV agreements) typically include provisions which provide that, in the absence of agreement between the relevant parties as to the appointment of an independent expert, valuer or arbitrator in the event of a dispute, the President of the Institute of Chartered Accountants in England and Wales (ICAEW) shall appoint such independent party.

As from 2020, the ICAEW President’s Nomination Scheme no longer accepts an application from one party in such circumstances. The ICAEW President’s Nomination Scheme application form now requires the applicant to tick either (a) that

Related documents:

Popular documents