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03/12/2021
CMS ad­vises Blue Prism Group on £1.24bn of­fer from SS&C Tech­no­lo­gies Hold­ings
In­ter­na­tion­al law firm CMS is ad­vising Blue Prism Group (Blue Prism), the AIM lis­ted ro­bot­ic pro­cess auto­ma­tion soft­ware com­pany, on a re­com­men­ded cash of­fer made by US fintech com­pany SS&C Tech­no­lo­gies...
03/12/2021
Up­dated ad­vert­ising guid­ance on re­spons­ible and prob­lem gambling pub­lished
The Com­mit­tee of Ad­vert­ising Prac­tice (CAP) and the Broad­cast Com­mit­tee of Ad­vert­ising Prac­tice (BCAP) have pub­lished a newly up­dated ver­sion of their guid­ance on re­spons­ible and prob­lem gambling. The...
03/12/2021
De­mur­rage re­vis­ited: What loss does it li­quid­ate?
In K Line PTE Ltd v Pri­minds Ship­ping (HK) Co Ltd (“Etern­al Bliss”) [2021] EW­CA Civ 1712, the Court of Ap­peal has re­vis­ited the Com­mer­cial Court de­cision that sought to re­solve a ‘long-stand­ing...
03/12/2021
AIM Rules: the Im­port­ance of en­ga­ging with your nom­in­ated ad­viser
An AIM lis­ted com­pany (the “Com­pany”) was re­cently pub­licly cen­sured and fined heav­ily for fail­ing to prop­erly en­gage with its nom­in­ated ad­viser and for breach­ing the re­lated party trans­ac­tion rules.  ...
03/12/2021
Court pro­ceed­ings in breach of NEC man­dat­ory ad­ju­dic­a­tion pro­vi­sions: stay...
A re­cent de­cision of the Scot­tish Court of Ses­sion has con­sidered wheth­er court pro­ceed­ings could val­idly be raised be­fore the dis­pute un­der an NEC con­tract was dealt with in ad­ju­dic­a­tion. The ques­tion...
02/12/2021
CMS ad­vises Lon­don­Met­ric on £175m pla­cing and re­tail of­fer
In­ter­na­tion­al law firm CMS has ad­vised Lon­don­Met­ric Prop­erty Plc (Lon­don­Met­ric), a FTSE 250 RE­IT, on a £175m pla­cing of new or­din­ary shares to in­sti­tu­tion­al in­vestors and re­tail of­fer to UK re­tail in­vestors.Lon­don­Met­ric...
02/12/2021
When are crypto­cur­ren­cies held on trust?
In Zi Wang v Gra­ham Darby [2021] EWHC 3054 (Comm), the Eng­lish Com­mer­cial Court ad­ded to its re­cent string of judg­ments con­sid­er­ing the leg­al po­s­i­tion of crypto­cur­ren­cies and as­so­ci­ated pro­pri­et­ary claims...
01/12/2021
SF­DR: Com­mis­sion delays Level 2 RTS by a fur­ther 6 months
The European Com­mis­sion (the Com­mis­sion) has no­ti­fied the European Par­lia­ment and the European Coun­cil of a fur­ther 6 month delay to the ap­plic­a­tion of the Level 2 reg­u­lat­ory tech­nic­al stand­ards (Level...
01/12/2021
A piece of pat­ent his­tory has been made con­cern­ing pat­entab­il­ity of com­puter...
In March 2021 the En­larged Board of Ap­peal of the European Pat­ent Of­fice answered ques­tions con­cern­ing pat­entab­il­ity of com­puter soft­ware sim­u­la­tions in case G1/19.  A Tech­nic­al Board of Ap­peal has now...
30/11/2021
CMS cli­ent Clara-Pen­sions re­ceives TPR ap­prov­al to start trans­act­ing as...
Clara-Pen­sions, the mem­ber-first con­sol­id­at­or for defined be­ne­fit pen­sion schemes, has today an­nounced its con­firm­a­tion as the first to suc­cess­fully com­plete The Pen­sions Reg­u­lat­or’s (TPR) as­sess­ment...
30/11/2021
Call for evid­ence on new Com­mer­cial Rent (Coronavir­us) Bill: act quickly!
The Gov­ern­ment has launched a call for evid­ence on the new Com­mer­cial Rent (Coronavir­us) Bill. The Bill (to­geth­er with the ac­com­pa­ny­ing new Code of Prac­tice) provides for a new ar­bit­ra­tion scheme to deal...
30/11/2021
The Fi­nal Ac­count Pro­ced­ure un­der the JCT Design and Build Con­tract
A re­cent TCC de­cision has con­sidered two sig­ni­fic­ant is­sues arising un­der the fi­nal ac­count pro­ced­ure of the JCT Design and Build Con­tract. First, wheth­er a No­tice of Com­ple­tion of Mak­ing Good is re­quired...