This week’s edition of TMT weekly highlights includes: European Commission guidelines for online platforms to improve the transparency of their ranking parameters; the Children’s Commissioner’s report on online safety; and the European Parliament’s approval of a draft child abuse law which relates to the privacy of electronic communications.
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Common financial covenantsThis Practice Note explains certain common financial covenants used in commercial finance transactions including:•minimum net worth test•gearing ratio•leverage ratio (or debt to equity ratio)•current ratio (or acid test ratio)•cashflow ratio•interest cover ratio, and•loan
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