Publication
Generative AI: A global guide to key IP considerations
Artificial intelligence (AI) raises many intellectual property (IP) issues.
United Kingdom | Publication | May 2023
The Regulator has updated its November 2020 guidance for trustees of schemes where the sponsoring employer is distressed. The original guidance focused on the economic impact of Covid-19, whereas the largely unchanged updated version notes the ongoing challenges currently faced by employers.
The Regulator’s expectations of trustees remain much the same. It expects trustees to have effective covenant monitoring in place as part of their integrated risk management regime and also urges them to read the updated guidance.
Examples of corporate activity which could lead to a worsening of the scheme’s position include a lender seeking security ahead of the scheme or the employer selling a valuable business.
The trustee checklist to reduce scheme risk in the face of employer distress include such actions as regular sponsor engagement and seeking specialist advice.
Please also see our earlier blog from January 2022 looking at trustee vigilance in times of economic uncertainty.
Publication
Artificial intelligence (AI) raises many intellectual property (IP) issues.
Publication
The UK remains a world leader in offshore wind, accounting for roughly 20 percent of global offshore wind capacity, with 11.3 GW operational. It is forecast that installed capacity will rise to 19.5 GW by mid 2020s.
Publication
On 21 May 2024, the European Council (or Council) adopted the so-called ‘Hydrogen and decarbonised gas market package’ (the Gas Package). The package contains a recast of the 715/2009 gas regulation (Gas Regulation) and a recast of the 2009/73 gas directive (Gas Directive) aimed at reforming the existing EU regulatory framework to support the deployment of renewable and low-carbon gases, in particular hydrogen. As such, it represents a major development in the EU gas market.
Subscribe and stay up to date with the latest legal news, information and events . . .
© Norton Rose Fulbright LLP 2023