In this edition of their Commercial Division Update, Thomas J. Hall and Judith A. Archer discuss recent cases that have provided additional insight into the application of the requirements for seeking common law indemnification.
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Against the backdrop of continued growth and deepening of the GCC’s equity markets, as well as the tightening of lending criteria by many traditional commercial lenders post-COVID, convertible bonds and sukuk could provide corporates in the GCC region with an alternative source of funding in circumstances where other debt or equity financing options may not otherwise be possible.
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There are three main categories of pension provision in the UK: state pension provision, personal pension schemes and occupational pension schemes. The type of pension scheme that can raise issues for lenders is the “occupational pension scheme”.
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On 18 April 2023, amid worldwide disruptions in the supply chain for the manufacture of semiconductors, the EU co-legislators reached an agreement on the text of the legislative proposal for the EU Chips Act. Similarly, to recent legislation in the United States and Japan, and a near-final legislative proposal in Taiwan , the Chips Act is intended to incentivize production of semiconductors in the EU and ensure security of supply. The Chips Act consists of three pillars.
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