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A joint working party of the City of London Law Society and the Law Society of England and Wales Company Law Committees (the Joint Working Party) has published a response to the Takeover Panel (Panel) consultation, PCP 2022/2, which proposed various amendments to the definition of acting in concert in the Takeover Code (Code).
Sir Geoffrey Bindman KC raises questions about tainted money & professional ethics
When it comes to contracts, it’s all black and white from a court’s perspective
Corporate agents beware: Dr Mike Wilkinson dissects the mistaken belief that individuals running a company are shielded from personal liability for company wrongdoing
Emily Sadler & Louis Iveson explain why franchisors should review their agreements following a recent judgment
In a wide-ranging interview with NLJ, Mrs Justice Cockerill, head of the Commercial Court, describes the new challenges facing the court and how the pandemic allowed it to test new ways of working that will leave a lasting legacy.
Is there hope on the horizon for product liability claimant lawyers? Sarah Moore, Alexandre Predal & Stuart Warmington examine some promising developments
Can persons on the receiving end of targeted sanctions challenge this designation, & where do their legal representatives stand? Simon Davenport QC & Matthew Happold investigate

The £1bn UK class action against banks for Forex rigging (FX Claim) cannot proceed on an opt-out basis, the Competition Appeal Tribunal (CAT) has ruled by a 2-1 majority

Insurer AXA has declined to appeal the Wolseley COVID-19 business interruption judgment test case, Corbin & King Ltd and others v AXA Insurance UK plc [2022] EWHC 409 (Comm), giving the hospitality sector hope of recovering their losses
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MOVERS & SHAKERS

Sackers—Zak Ullah

Sackers—Zak Ullah

Sackers welcomes new associate

Christy Davies—Birmingham Law Society

Christy Davies—Birmingham Law Society

Ward Hadaway lawyer joins Birmingham Law Society Council

Ellisons—Stephanie Westwood & Anisa Khan

Ellisons—Stephanie Westwood & Anisa Khan

Ellisons expands Chelmsford commercial litigation team with two appointments

NEWS
Businesses incorporating open-source software into commercial products could face obligations to disclose valuable source code, with AI-assisted development making licensing risks harder to track
Careless client checks do not automatically make a solicitor dishonest, but deliberately avoiding confirmation of suspected wrongdoing can cross the line
Construction workers injured in comparable accidents can face sharply different routes to compensation on opposite sides of the Atlantic
Victims of undue influence may have more options than simply unwinding a tainted transaction, with courts able to order profits accounts, compensation and, exceptionally, severance
Disabled people could lose vital safeguards following the Supreme Court’s reversal of the Cheshire West test for deprivation of liberty, two barristers warn
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