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The contract prevails: Supreme Court confirms there is no principle of deemed fulfilment of conditions precedent under English law The Supreme Court in King Crude Carriers & Ors v Ridgebury November & Ors has unanimously overturned the Court of Appeal and settled a long-debated point in English contract law, holding that the principle of ‘deemed fulfilment’ of conditions... Poundland - a pre-arranged restructuring plan Slaughter and May advised leading pan-European discount retailer Pepco Group N.V. on the successful sale and follow-on restructuring of Poundland Limited. This was a unique transaction where the restructuring, which was implemented through a UK Part 26A... Tax and the City Review - November 2025 In Dialog, the FTT considers whether a break fee paid by a target to a bidder was a capital sum derived from an asset taxable under TCGA 1992 s 22(1)(c). The FTT in Boulting concludes that a company purchase of own shares was for the benefit of a relevant... Slaughter And May Cookbook Contract Law Update April 2026 Proposed changes to the regulatory treatment of funded reinsurance On 29 April the PRA published a consultation paper on changes to the prudential treatment of funded reinsurance arrangements. The consultation was announced in a speech by Gareth Truran, the PRA’s Executive Director of Insurance Supervision. After... Slaughter and May is advising Synthomer on its refinancing Slaughter and May is advising Synthomer on its refinancing Slaughter and May advised Oodle Financial Services Limited on its latest £383.6mn "Dowson 2026-1" auto loan securitisation Slaughter and May advised Oodle Financial Services Limited on its latest £383.6mn "Dowson 2026-1" auto loan securitisation Slaughter and May advised United Utilities on its £800mn placing and related retail offer Slaughter and May advised United Utilities on its £800mn placing and related retail offer Slaughter and May advised Cathay on its first Hong Kong dollar public bond totalling HK$2.08bn Cathay on its first Hong Kong dollar public bond totalling HK$2.08bn