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Effective URL: https://cms.law/en/gbr/
Submission Tags: falconsandbox
Submission: On October 13 via api from US — Scanned from GB
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We have identified a more suitable language of this document. To change language to please click here or close We have identified a more suitable language of this document. To change language to please click here or close For storing your preferred CMS location, analysing referrals from LinkedIn and embedding third party content we need your consent (which you can withdraw any time). Select preferences Reject all Accept all For more information visit our Cookie Notice. x Cookie preferences This website uses cookies so that we can provide you with the best user experience possible. Our Cookie Notice is part of our Privacy Policy and explains in detail how and why we use cookies. To take full advantage of our website, we recommend that you click on “Accept All”. You can change these settings at any time via the button “Update Cookie Preferences” in our Cookie Notice. 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Update/Submit preferences Reject all Accept all United Kingdom Select a jurisdiction * INTERNATIONAL * EUROPE * Albania * Austria * Belgium * Bosnia and Herzegovina * Bulgaria * Croatia * Czech Republic * France * Germany * Hungary * Italy * Luxembourg * Monaco * Montenegro * Netherlands * North Macedonia * Norway * Poland * Portugal * Romania * Scotland * Serbia * Slovakia * Slovenia * Spain * Sweden * Switzerland * Turkiye * Ukraine * United Kingdom * AFRICA * Angola * Kenya * Mauritius * Morocco * Mozambique * South Africa * AMERICAS * Brazil * Chile * Colombia * Mexico * Peru * ASIA-PACIFIC * Australia * China * Hong Kong * India * Japan * Singapore * Timor-Leste * MIDDLE EAST * Israel * Oman * Saudi Arabia * United Arab Emirates * INTERNATIONAL * EUROPE * Albania * Austria * Belgium * Bosnia and Herzegovina * Bulgaria * Croatia * Czech Republic * France * Germany * Hungary * Italy * Luxembourg * Monaco * Montenegro * Netherlands * North Macedonia * Norway * Poland * Portugal * Romania * Scotland * Serbia * Slovakia * Slovenia * Spain * Sweden * Switzerland * Turkiye * Ukraine * United Kingdom * AFRICA * Angola * Kenya * Mauritius * Morocco * Mozambique * South Africa * AMERICAS * Brazil * Chile * Colombia * Mexico * Peru * ASIA-PACIFIC * Australia * China * Hong Kong * India * Japan * Singapore * Timor-Leste * MIDDLE EAST * Israel * Oman * Saudi Arabia * United Arab Emirates * People * Expertise * Locations * Innovation * Careers * About CMS * ESG * News * Publications * Insight * Events * Social media * Alumni Back to menu People OUR PEOPLE Our cross-border teams understand the details of your business and the environment you work in. Show UK team Find people Expertise Locations * Antitrust, Competition and Trade * Banking & Finance * Commercial * Construction & Engineering * Consumer Products * Corporate * Dispute Resolution * Employment & Pensions * Energy & Climate Change * Environment * ESG * Financial Services & Regulation * Funds * Hotels & Leisure * Infrastructure & Projects * Insurance * Intellectual Property * Legal Services Unit * Life Sciences & Healthcare * Private Equity * Public Procurement * Real Estate * Tax * TMT - Technology, Media & Telecommunications * Aberdeen * Bristol * Edinburgh * Glasgow * Liverpool * London * Manchester * Reading * Sheffield Back to menu Back to People Antitrust, Competition and Trade ANTITRUST, COMPETITION AND TRADE Show all people for Antitrust, Competition and Trade * Investigations & Raids * Merger Control * Sanctions & Export Controls * State Aid Back to menu Back to People Banking & Finance BANKING & FINANCE Show all people for Banking & Finance * Asset Based Financing * Asset Finance * Capital Markets & Derivatives * Corporate Lending & Leveraged Finance * Energy Finance * Finance Disputes * Financial Institutions Lending * FinTech * Hotel Finance * Islamic Finance * Real Estate Finance * Restructuring & Insolvency * Trade, Export & Commodity Finance Back to menu Back to People Commercial COMMERCIAL Show all people for Commercial * Advertising, Marketing & Sponsorship * Commercial Contracts * Data Protection & Freedom of Information * Outsourcing Back to menu Back to People Construction & Engineering CONSTRUCTION & ENGINEERING Show all people for Construction & Engineering * Development Work * Energy & Mining * Facilities Management * Infrastructure Back to menu Back to People Consumer Products CONSUMER PRODUCTS Show all people for Consumer Products * Fashion & Luxury * Food & Drink * Health & Beauty * Household * Manufacturing * Retail Back to menu Back to People Corporate CORPORATE Show all people for Corporate * Equity Capital Markets * Mergers & Acquisitions Back to menu Back to People Dispute Resolution DISPUTE RESOLUTION Show all people for Dispute Resolution * Advocacy * Alternative Dispute Resolution * Commercial Disputes * Construction & Engineering Disputes * Corporate Crime * Employment Disputes * Energy Disputes * Finance Disputes * Financial Regulatory Disputes * Insurance & Reinsurance Disputes * International Arbitration * Judicial Review * Real Estate & Planning Disputes * Reputation & Defamation * Risk & Investigations * Technology Disputes Back to menu Back to People Employment & Pensions EMPLOYMENT & PENSIONS Show all people for Employment & Pensions * Employee Incentives * Employment * Pensions Back to menu Back to People Energy & Climate Change ENERGY & CLIMATE CHANGE Show all people for Energy & Climate Change * Clean & Alternative Energy * Energy Disputes * Oil & Gas * Power Projects * Water Back to menu Back to People Environment ENVIRONMENT Show all people for Environment * Cleantech Back to menu Back to People ESG ESG Show all people for ESG Back to menu Back to People Financial Services & Regulation FINANCIAL SERVICES & REGULATION Show all people for Financial Services & Regulation Back to menu Back to People Funds FUNDS Show all people for Funds Back to menu Back to People Hotels & Leisure HOTELS & LEISURE Show all people for Hotels & Leisure * eSports & Games * Gambling * Hotels * Restaurants * Sport Back to menu Back to People Infrastructure & Projects INFRASTRUCTURE & PROJECTS Show all people for Infrastructure & Projects * Infrastructure Funds * Infrastructure M&A * Primary Markets * Secondary Markets Back to menu Back to People Insurance INSURANCE Show all people for Insurance * Insurance Corporate * Insurance Regulatory * Life Assurance * Policy Wording & Claims Back to menu Back to People Intellectual Property INTELLECTUAL PROPERTY Show all people for Intellectual Property Back to menu Back to People Legal Services Unit LEGAL SERVICES UNIT Show all people for Legal Services Unit Back to menu Back to People Life Sciences & Healthcare LIFE SCIENCES & HEALTHCARE Show all people for Life Sciences & Healthcare * Biotech * Devices & Diagnostics * eHealth * Healthcare * Pharmaceuticals Back to menu Back to People Private Equity PRIVATE EQUITY Show all people for Private Equity Back to menu Back to People Public Procurement PUBLIC PROCUREMENT Show all people for Public Procurement Back to menu Back to People Real Estate REAL ESTATE Show all people for Real Estate * Construction * Planning * PropTech * Real Estate * Real Estate Development * Real Estate Energy * Real Estate Investment * Real Estate Occupiers * Real Estate & Planning Disputes * Real Estate PRS * Residential Real Estate * Student Accommodation Back to menu Back to People Tax TAX Show all people for Tax * Employee Incentives * Transfer Pricing Back to menu Back to People TMT - 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Show United Kingdom profile Expertise International Desks * Antitrust, Competition & Trade * Banking & Finance * Commercial * Construction & Engineering * Consumer Products * Corporate * Dispute Resolution * Employment & Pensions * Energy & Climate Change * Environment * ESG * Financial Services & Regulation * Funds * Hotels & Leisure * Infrastructure & Projects * Insurance * Intellectual Property * Legal Services Unit * Life Sciences & Healthcare * Private Equity * Public Procurement * Real Estate * Tax * TMT - Technology, Media & Telecommunications * CEE German Desk * India desk – United Kingdom Back to menu Back to Expertise Antitrust, Competition & Trade ANTITRUST, COMPETITION & TRADE Show Antitrust, Competition & Trade * Abuse of dominance * Competition and Cartel Investigations * Compliance * Digital markets * Foreign Investment Screening / National Security and Investment Act 2021 * Foreign subsidies control * General EU law, free movement of goods, services and capital * 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Health & Safety Back to menu Back to Expertise ESG ESG Show ESG * Climate Risk, Resilience & Reputation * Energy and Climate Change * Environmental Impact * Financial services: greenwashing claims and regulatory risk * Governance * Social * Sustainable Finance Back to menu Back to Expertise Financial Services & Regulation FINANCIAL SERVICES & REGULATION Show Financial Services & Regulation Back to menu Back to Expertise Funds FUNDS Show Funds Back to menu Back to Expertise Hotels & Leisure HOTELS & LEISURE Show Hotels & Leisure * Bars and Pubs * Gyms * Hotels * Restaurants * Travel Back to menu Back to Expertise Infrastructure & Projects INFRASTRUCTURE & PROJECTS Show Infrastructure & Projects * Aviation * Infrastructure Funds * Infrastructure M&A * Primary Markets * Secondary Markets Back to menu Back to Expertise Insurance INSURANCE Show Insurance * Defendant Personal Injury * Insurance Corporate * Insurance Regulatory * Life Assurance * Policy Wording & Claims * Trade Credit and Political Risk Practice Back to menu Back to Expertise Intellectual Property INTELLECTUAL PROPERTY Show Intellectual Property * Brexit * Designs * Due Diligence * Life Sciences Regulatory * Patent Attorneys * Patent Litigation * Trade Marks * Unified Patent Court Back to menu Back to Expertise Legal Services Unit LEGAL SERVICES UNIT Show Legal Services Unit Back to menu Back to Expertise Life Sciences & Healthcare LIFE SCIENCES & HEALTHCARE Show Life Sciences & Healthcare * Biotech * Devices & Diagnostics * eHealth * Healthcare * Pharmaceuticals Back to menu Back to Expertise Private Equity PRIVATE EQUITY Show Private Equity Back to menu Back to Expertise Public Procurement PUBLIC PROCUREMENT Show Public Procurement Back to menu Back to Expertise Real Estate REAL ESTATE Show Real Estate * Construction * Planning * PropTech * Real Estate * Real Estate Development * Real Estate Energy * Real Estate Finance * Real Estate Investment * Real Estate Occupiers * Real Estate & Planning Disputes * Real Estate PRS * Residential Real Estate * Student Accommodation Back to menu Back to Expertise Tax TAX Show Tax * Employee Incentives * Private Client Tax * Restructurings and Reorganisations * Tax Disputes and Investigations * Transfer Pricing Back to menu Back to Expertise TMT - Technology, Media & Telecommunications TMT - TECHNOLOGY, MEDIA & TELECOMMUNICATIONS Show TMT - Technology, Media & Telecommunications * Adtech * Communications * Digital Assets & Web3 * Esports & Games * FinTech * Gambling * Media * Sport * Technology Back to menu Careers * Working for CMS * Your Application * CMS Job Opportunities Back to menu About CMS * Who we are * Awards & Rankings * Responsible Business * Diversity & Inclusion CMS Next Back to menu Locations OFFICE LOCATIONS * Aberdeen * Bristol * Edinburgh * Glasgow * Liverpool * London * Manchester * Reading * Sheffield Show all Back to menu News LATEST NEWS * CMS advises Big Yellow Group on its oversubscribed £110m fundraise * CMS partners with pregnancy charity Tommy’s * CMS further expands its Hong Kong Shipping and Insurance practice with new appointment TYPES Show all * News883 * Deals9 * Press releases18 Back to menu Publications Latest Recommended * FCA publishes consumer protection undertaking from e-money firm * Supreme Court provides importance guidance on limitation in the context of “unfair relationship” claims under sections 140A-C of the Consumer Credit Act 1974 * A class apart – Court of Appeal considers class rights and automatic conversions of shares * COVID-19 - Business Continuity Plans TYPES Show all * Publications 1284 * CMS guides 91 * CMS Expert Guides 110 * Newsletters 12 * Law-Now 15899 * Brochures 101 Back to menu Insight United Kingdom International Show all * Artificial Intelligence * Coronavirus (COVID-19) * Data Driven Disputes * Deal Deliberations * FinTech * Future Facing Disputes * GDPR * Gender Pay Equality * Rebound and Remodel * Start-ups * Sustainability * UK/EU Trade Relations Show all * 5G * Artificial Intelligence * Brexit * Companies and Associations: New Code * Corporate restructuring under the German StaRUG-Scheme * COVID-19: The new normal? * Crypto, FinTech & Digital Assets * Data Driven Disputes * Data Law * Deal Deliberations * Digital Assets * Digital Platforms * Digital Regulation * Digital Transformation * e-Privacy * Ecological Transition * Esports and Videogames * EU Mandatory Disclosure Regime (MDR) * FinTech * Future Facing Disputes * GDPR * Gender Pay Equality * Hydrogen * Legal Tech * MDR * Rebound and Remodel * Risk, Resilience & Reputation * Start-ups * Sustainability * Sustainable Investment * Trade secrets and their protection * Unified Patent Court * War in Ukraine * Whistleblower Protection Back to menu Social media FOLLOW US * Go to LinkedIn * Go to X All People Expertise Locations Innovation Careers About CMS News Publications Insight Events All THE SUBSCRIPTION ECONOMY THE GLOBAL SUBSCRIPTION ECONOMY IS ESTIMATED TO BE WORTH $650BN, WITH A PROJECTED VALUE OF $1.5TN BY 2025. THIS EDITION OF BANDWIDTH LOOKS AT SOME KEY SUBSCRIPTION ISSUES IN MORE DEPTH, INCLUDING ACQUISITIONS AND INVESTMENT, FINANCE, REGULATION AND DATA AND CYBERSECURITY. Read more FINDING BUSINESS-FOCUSED SOLUTIONS FOR YOU CMS lawyers work across sectors and borders in more than 40 countries worldwide to deliver advice to you wherever you operate. We see ourselves as more than just legal advisers. We are your business partners. Our focus is on helping you mitigate risk and benefit from innovation, enabling your business or organisation to thrive. Read more 01/09/2022 ESG Hub ESG factors have moved from being a niche concern to a strategic board level priority across all sectors and jurisdictions. Whether a business is a financial institution, an energy company, or a tech start-up – all companies with a future must now focus on ESG as a business imperative. Publication 29/09/2022 Boom & Gloom? CMS European M&A Outlook 2023 We are pleased to share with you the 2023 edition of the European M&A Outlook published by CMS in association with Mergermarket. Publication 14/09/2023 Energy Transition 2023 As the world seeks to balance energy security and affordability with the broadly agreed imperative to address carbon emissions, this report seeks to provide a timely update on how major oil and gas companies are navigating the energy transition based on an analysis of their published data. Publication FEED . 20/11/2023 How to navigate challenging conversations Managing challenging conversations takes courage and conviction. Whether we’re challenging the point of view of an important stakeholder or having a disagreement with a colleague, it can be difficult... Event Webinar 15/11/2023 Extended Producer Responsibility Extended Producer Responsibility will be affecting most food and drink producers to an extent. As the law in this area continues to develop, CMS and the Food and Drink Federation will present an update... Event Webinar 08/11/2023 CMS Sports Conference 2023 The Conference will be an excellent opportunity to network with peers and contacts working in sport and hear from industry leaders at a pivotal moment, on an array of topics including: the funding and... Event Legal 07/11/2023 CMS Infrastructure Index 2023 The Infrastructure sector has always played an important role in the economic resilience of nations. As countries respond to challenging economic conditions, set ambitious NetZero targets and look to... Event Legal 02/11/2023 The Future of Renewables seminar and drinks reception We are delighted to be back again in our Edinburgh offices for the Autumn Future of Renewables session, with speakers from CMS, Scottish National Investment Bank and Land Use Consultants looking at current... Event Legal 02/11/2023 CMS Risk Essentials - Dealing with Distressed Companies In the current challenging economic climate, it is likely that you may face a contractual counterparty that is experiencing financial difficulties, including some which may unfortunately enter into a... Event Legal 01/11/2023 The Building Safety Act and the Student Accommodation Sector We are pleased to invite you to our Building Safety Act and the Student Accommodation Sector webinar on Wednesday 1 November from 09:00 - 10:30.Partners from our market-leading Health and Safety, Construction... Event Webinar 31/10/2023 Co-location of storage and renewable generation Given the increasing industry appetite for the co-location of battery storage with renewable generation, and in light of CMS’ recent experience in this space, we will be hosting a breakfast seminar... Event Legal 19/10/2023 Construction Focus breakfast seminar We are very pleased to welcome you to the latest edition of our Construction Focus breakfast seminar series, taking place at our Sheffield offices on 19 October 2023. This event is the fourth instalment... Event Legal 18/10/2023 The future of the FCA’s Consumer Duty: Hopes and Expectations Join us for an in-person panel discussion on the future of the Consumer Duty on 18 October starting at 4.30pm at our offices.The event will be chaired by Elisabeth Bremner, partner in our Financial Services... Event Legal 13/10/2023 CMS advises Big Yellow Group on its oversubscribed £110m fundraise International law firm CMS has advised Big Yellow Group plc, the UK’s brand leader in self-storage, on its oversubscribed £110m capital raise. Big Yellow, which is listed on the premium segment of... News 12/10/2023 FCA publishes consumer protection undertaking from e-money firm On 4 October 2023, the FCA published a Notice of Undertaking (the “Undertaking”) given under the Consumer Rights Act 2015 (the “Act”). The Undertaking relates to the providing firm’s e-money... Law-Now Banking & Finance Load more articles HOW CAN WE HELP YOUR BUSINESS? You can contact us any time via our online enquiry form. In case of emergency, call our 24/7 crisis response line on +44 (0)333 20 21 010. YOUR MESSAGE WAS SENT. Thank you for contacting us. We will get back to you soon. Please check these fields. By including your personal data on this form you agree to it being used in accordance with our Privacy Policy sending... Start your message... 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