Backdating issue

Please do not edit this page yourself; if you have proposed changes, email Gerv. SHOULD NOT This phrase, or the phrase "NOT RECOMMENDED" mean that there may exist valid reasons in particular circumstances when the particular behavior is acceptable or even useful, but the full implications should be understood and the case carefully weighed before implementing any behavior described with this label.The issues are in chronological order, and have been re-numbered from the original announcement to use letters with gaps in between, for possible future expansion. "Issue -2") Between 16th January 2015 and 5th March 2015, Wo Sign issued 1,132 SHA-1 certificates whose validity extended beyond 1st January 2017. This issue is also covered in Wo Sign's final incident report.The transaction should be ratified by minutes or resolutions of the participating entities.There are some cases where this approach is not possible.You will also need to consider two other things from a legal perspective.Firstly, additional formalities may be needed to complete the legal transfer of assets or granting of rights.As from that date, customers may have been invoiced by the transferee, employees may have been paid by the transferee, and accounting entries may have been made to reflect the purchase price payable for the assets.Together, these factors may indicate that the beneficial interest in the relevant assets has passed from a legal point of view.

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This type of arrangement would not bind third parties, but it may be effective from an accounting and tax perspective depending on the length of time which has elapsed since the intended historic effective date.This seems like a surprisingly long delay for a relatively simple change, given how quickly Wo Sign have been able to update their systems in other cases.However, as noted above, this is not a BR violation. These certificates are identical in all ways (including their serial numbers) except for their not Before dates, which are 37 seconds apart.These may include registering the transfer of land or intellectual property rights, or obtaining third party consents or releases.Secondly, the transfer may trigger liabilities, such as where the relevant group companies participated in a defined benefit pension scheme.

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