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29 May 2015
Issue: 7654 / Categories: Case law , Law digest , In Court
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Competition

Société Coopérative de Production SeaFrance S.A. v Competition and Markets Authority and another [2015] EWCA Civ 487, [2015] All ER (D) 146 (May)

The Competition and Markets Authority (CMA) had found there to have been a relevant merger situation under s 22(1) of the Enterprise Act 2002 arising from the appellant’s acquisition of cross-channel ferries from SeaFrance’s liquidator and its employment of the majority of former SeaFrance employees, as a consequence of a statutory indemnity payment to the appellant for employing those redundant workers. The decision was upheld by the Competition Appeals Tribunal. The Court of Appeal, Civil Division, allowed the appeal as the CMA’s finding that upon such mass re-employment there had been in reality a transfer, or a transfer “in effect” by SeaFrance, had been irrationally wrong and one that could not properly have been made.

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Signature Litigation—Catherine Naylor

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Law firms that hold client money will need to file annual accountants’ reports and make a declaration, the Solicitors Regulation Authority (SRA) confirmed this week
Two district judges and a tribunal judge have been sanctioned for delays in delivering judgments and orders
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
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