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In upholding 40 years of "received wisdom", a majority of four to one found that no limitation period applies to unfair prejudice petitions.

In William Andrew Tinkler v Esken Limited and others [2024] EWHC 1490 (Ch), the English High Court provided a useful analysis of the law in relation to: (1) when the court will permit a party to withdraw an admission.

Recent developments in case law mean there has been an increased appetite to pursue public law arguments before the First-tier Tribunal (FTT), rather than by means of a traditional application for judicial review.

The EU Court of Justice has delivered a landmark ruling in Google and Alphabet v Commission, upholding a €4.125bn fine for anticompetitive practices involving the Android operating system. The judgment clarifies crucial principles about abuse of dominance in digital markets, particularly regarding when the as-efficient competitor test applies and how exclusionary effects should be assessed in ecosystems characterized by network effects and high barriers to entry.

The private funds radar is our regular roundup of developments from around the world for private fund stakeholders.

The CMA has published its fourth piece of informal sustainability guidance, on the 3Keel LENs 2.0 scheme (the 3Keel Informal Guidance), pursuant to its Green Agreements Guidance (the Guidance) and associated "open door" policy.

The Competition and Markets Authority has imposed its first substantive fine under new consumer enforcement powers, penalising the AA £4.2 million for drip pricing practices.

The Government has updated its technical guidance on registration and verification under the UK's Register of Overseas Entities (ROE).

The High Court has confirmed that the court has power under section 125 of the Companies Act 2006 to order the creation of a company’s register of members in circumstances where the company...

This publication has been tailored to highlight topical news, cases and changes in the law impacting the investment management sector.

Recent UK court decisions are clarifying critical procedural questions under the Subsidy Control Act 2022, including when subsidies can be challenged, what constitutes a reviewable decision, and the scope of the Competition Appeals Tribunal's authority. These rulings establish important precedents for both public authorities granting subsidies and parties seeking to challenge them.

Recent advances in AI have made it possible to produce near-identical digital replicas of real people, yet the UK has no specific legal protection for an individual's likeness.

We will resume the Corporate Law Update in January 2026. We wish all our readers a relaxing festive season.

The UK Government seeks feedback on the taxation of carried interest from private capital funds. PERG and BVCA are consulting on updating the Walker Guidelines for improved transparency. The FRC is revising its going concern guidance to align with recent changes. The Court of Appeal confirmed that a multi-manager investment venture was an ordinary partnership, not separate businesses.

The Privy Council confirmed a shareholder's direct claim against a company for improper share allotment, treating breaches of directors' duties as contractual violations under the company's constitution. The case clarifies governance responsibilities across jurisdictions.

The court grants an injunction to force a company to circulate a written resolution requisitioned by its shareholders...

Head of ESG Rachel Richardson, investment management partner Lora Froud and trainee solicitor Ashley Mount have written the below article for Law 360. This was first published on 24 October 2023.

The Financial Conduct Authority has released a comprehensive package of regulatory updates and findings covering investment management, wealth management, and consumer protection. Key developments include reforms to MiFID costs and charges disclosures, remuneration code changes, AIFM regime overhauls, and detailed reviews of firms' Consumer Duty compliance, financial crime controls, and governance frameworks.