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Overseas supply chain risk – A change of approach from the English courts? In a positive move for corporates, the High Court’s decision in Limbu v Dyson indicates the English courts are now willing (and able) to decline to hear claims against UK companies concerning their overseas operations and supply chains in favour of local ...

UK Prospectus Regime Reforms Approach Next Milestone The final draft Public Offer and Admissions to Trading Regulations 2023, first announced as part of the Edinburgh Reforms last year, have been published and laid before Parliament. The Regulations will lay the foundations for the new UK Prospectus Regime,...

Tax and the City Review for October 2023 In their latest Tax and the City article, Mike Lane and Zoe Andrews consider the draft legislation to enact the EU-derived exemption from 1.5% stamp taxes on the issuance and transfer of securities to a clearance service or depositary receipt issuer; and ...

Employment Bulletin - June 2023 Topics covered in this bulletin: Withdrawal of check-off arrangement was breach of contract not accepted by employees New family leave rights and protections Guidance on responding to data subject access requests Horizon scanning Withdrawal of che...

Competition & Regulatory Newsletter: European Commission clears Microsoft/Activision Blizzard subject to conditions On 15 May 2023, the European Commission approved the proposed acquisition of Activision by Microsoft, subject to conditions. Following an in-depth review of the deal, the Commission concluded that the licensing commitments offered by Microsoft would fully...

Cooperation, dialogue, divergence: The future UK-EU relationship in financial services In this briefing, we consider the likely implications of the Memorandum of Understanding establishing a framework for financial services regulatory cooperation between the EU and the UK that was adopted by the European Commission and is now subject to pol...

Employment Bulletin - May 2023 Topics covered in this bulletin: Proposed three-month limit on non-competes and changes to TUPE and the Working Time Regulations New guidance on voluntary ethnicity pay gap reporting Non-compete covenant enforceable with words severed Proposed thre...

Spot the difference: The DPDI (No 2) Bill starts its legislative journey For businesses across the UK and beyond waiting to see what a UK GDPR 2.0 might look like, the journey towards revised data privacy laws in the UK has begun (again). A version of this briefing first appeared in the Privacy Laws & Business UK Re...

Tax and the City Review for April 2023 Mike Lane and Zoe Andrews discuss the FTT’s decision in Muller (application of intangible fixed assets rules to an LLP), the UT’s decision in Prudential (interaction of VAT grouping and time of supply rules) and some Spring Finance Bill measur...

Employment Bulletin - April 2023 Topics covered in this bulletin: April 2023 employment rates and limits and other developments New targets for ethnic diversity on boards Employment Tribunal failed to assess whether rushed dismissal to avoid enhanced pension was age discrimination ...