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Public Law analysis: Due to its exit from the EU, the UK is no longer bound by the EU’s rules governing public subsidies. At the end of April 2022, the UK Parliament passed the Subsidy Control Act 2022 (SCA 2022), which sets out a new framework for granting and controlling public subsidies. The act is expected to enter into full force in autumn 2022. In this article, Cormac O’Daly, Édouard Bruc, Su Şimşek and John Ratliff of Wilmer Cutler Pickering Hale and Dorr LLP, outline its main provisions.
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Free movement of EU workers and citizensEU workers and EU citizens enjoy the right of freedom of movement. This right is granted to EU workers in Article 45 of the Treaty on the Functioning of the European Union (TFEU) and in Article 21 TFEU for EU citizens. More detailed provisions on the
Micklefield clausesWhat is a Micklefield clause?It is common for employee share plans to provide that, on termination of employment (or when an employee is given or receives notice of termination of employment), subsisting share awards will be forfeited and subsisting share options will lapse.It is
Early leavers—preservationFORTHCOMING DEVELOPMENT: Section 10 of the Finance Act 2022 will increase the normal minimum pension age (NMPA) from 55 to 57 on 6 April 2028 (save for members of the firefighters, police and armed forces public service pension schemes).The Finance Act 2022 will also give
Dispute Resolution analysis: The High Court has provided concise guidance as to how misrepresentation should be analysed when considering jurisdictional gateways. Under Article 5(3) of the Lugano Convention, in negligent misstatement cases, the place of the event giving rise to damage is normally
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