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In his Commercial Division Update, Thomas J. Hall writes: When there is no enforceable partnership agreement, the party seeking to establish an implied partnership must show that a partnership nevertheless exists based on the conduct, intention and relationship between the parties. Although no one factor is determinative, recent Commercial Division decisions have placed a heightened emphasis on the factor of shared losses.
Download the New York Law Journal article, Commercial division update – Implied partnerships and the importance of shared losses.
Publication
On February 1, 2023 it was announced that a sub-committee of MPs who sit on the Business, Energy and Industrial Strategy (BEIS) Select Committee have launched a short inquiry into how the how the Investment Security Unit (ISU), set up under the National Security and Investment Act 2021 to monitor investments and takeovers of UK businesses that might pose risks to the UK’s national security, shares information about its work.
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The English Court of Appeal has unanimously dismissed Friends of the Earth’s judicial review of UK Export Finance’s (UKEF) decision to provide a US$1.15 billion export finance package to a liquefied natural gas (LNG) project in Mozambique.
Publication
On 10 January 2023, the European Commission (Commission) published draft guidelines on the application of a new EU antitrust exemption for sustainability agreements involving producers of agricultural products (the draft Guidelines).
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