The burden is on the representee1 of establishing that the representation was made by the person alleged to be the representor or, where he is not alleged to have personally made it, with his authority2. Where either personal representation or express authority is relied on by the representee, the questions whether the alleged representation was made, and whether express authority was given, are questions of fact3, subject to the question of law whether there is any evidence in support of either allegation. Where implied authority is relied on, it is necessary that the circumstances proved or admitted to exist
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Produced with input from Rebecca Cousin of Slaughter and May on market practice.This Practice Note summarises the rules and guidance in relation to parties who are, or may be presumed to be, acting in concert for the purposes of The City Code on Takeovers and Mergers (the Code). In particular the
What is a res judicata?A res judicata is a decision given by a judge or tribunal with jurisdiction over the cause of action and the parties, which disposes, with finality, of a matter decided so that it cannot be re-litigated by those bound by the judgment, except on appeal.Final judgments by
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A limited company that proposes to issue redeemable shares must comply with the provisions of the Companies Act 2006 (CA 2006).Why do companies issue redeemable shares?A company may wish to issue redeemable shares so that it has an alternative way to return surplus capital to shareholders without
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