Publication
What M&A trends will transform the 2024 insurance landscape?
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
Global | Publication | November 2017
The presence of electronic communications equipment can cause significant logistical hurdles to property development. Most mainstream electronic communications operators enjoy extensive statutory powers under the Electronic Communications Code, such as a right to install apparatus on, under or over land.
The current Code, which is widely regarded as overly complicated and difficult to interpret, is shortly to be replaced by a new Code. This is set out in the Digital Economy Act 2017 and expected to come into force in December 2017.
Two major issues for developers under the existing Code are: establishing whether any Code-protected apparatus is located on a property and securing the removal of apparatus enjoying Code protection.
The new Code seeks to assist, for example by providing a mechanism to help landowners obtain information from Code operators. It also sets out additional grounds on which a landowner can bring a Code agreement to an end and require the removal of equipment.
On the other hand, the New Code extends the rights of operators to, for example, upgrade apparatus and share it with another operator. It also prohibits parties from agreeing to exclude Code rights and contains provisions likely to reduce the income stream for landowners under new agreements.
It remains to be seen whether, in practice, the new Code strikes a fair balance between stakeholders.
For further information please contact Sian Skerratt-Williams or your usual contact at Norton Rose Fulbright.
Publication
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
Publication
The ongoing conflicts and further geopolitical tensions in Eastern Europe and the Middle East, coupled with upcoming elections in a number of key countries including the US and the UK, make 2024 challenging to predict what impact this will have on the insurance sector.
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On 6 September 2022, the European Commission (EC) prohibited Illumina’s acquisition of Grail, bringing to an end the administrative stage of a legal saga that has attracted interest beyond competition law specialists.
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