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Publication
Generative AI: A global guide to key IP considerations
Artificial intelligence (AI) raises many intellectual property (IP) issues.
United Kingdom | Publication | February 2023
The Regulator has published its regulatory intervention report on the Carillion Group, which went into insolvency in January 2018. It has concluded that there were no grounds to issue a Contribution Notice or a Financial Support Direction under the anti-avoidance powers that it had at the time.
The Regulator’s investigation principally involved two strategies:
A further factor justifying the Regulator’s decision was its conclusion that if the 2015 and 2016 dividends had not been paid, directors could reasonably have used the cash to pay down debt rather than increase payments to the schemes. The Regulator also found there was no scope for it to issue a Financial Support Direction. As the whole Carillion group had entered insolvency, there were no targets capable of providing financial support to the schemes.
Comment
Would the Regulator’s current powers in relation to criminal offences have prevented these actions being taken, had they been in force prior to the insolvency? It is difficult to say given the debt burden.
Publication
Artificial intelligence (AI) raises many intellectual property (IP) issues.
Publication
On 21 November 2023 and following extensive consultation periods, the amendment to the Climate Delegated Act (Delegated Regulation (EU) 2021/2139 of 4 June 2021) (the Climate Delegated Act) was formally adopted by the European Commission and published in the EU Official Journal (Delegated Regulation (EU) 2023/2485 of 27 June 2023) (the Climate Delegated Act Amendment).
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