is advised by counsel is or is on balance arguably required to be made by any applicable law or regulation or any court or...

[Alex16]

... из статьи "Confidentiality" of the Shareholders Agreement:

Clause 11.1 shall not extend to:-

(a) any disclosure that either Shareholder is advised by counsel is or is on balance arguably required to be made by any applicable law or regulation or any court or governmental, administrative, regulatory, self-regulatory or other authority competent to require the same provided that such disclosure is only made (i) to the extent counsel has advised that such disclosure is or is on balance arguably required by such law or regulation or court or authority; and (ii) (unless prohibited by such law or regulation or court or authority) after being discussed with the non-disclosing party and a copy of any relevant legal advice having been provided to the non-disclosing party

Непонятно с "is or is on balance arguably required to be made by any applicable law or regulation"...

Пункт 11.1. не распространяется на:

(а) любое раскрытие инфоромации, которое, как любому Акционеру может порекомендовать юридический консультант, должно [or is on balance arguably required] быть осуществлено в соответствии с требованиями применимого закона или нормативного акта или любого государственного, административного...