The following Share Incentives Q&A provides comprehensive and up to date legal information covering:
HMRC guidance in its new Employee Tax Advantaged Share Scheme User Manual (ETASSUM) states that a company can amend its existing company share option plan (CSOP) in order to allow for options to be exercised up to 20 days before and after a change of control, but it does not suggest that any such exercises can be permitted at the discretion of the company. This differs from the guidance in the old Employee Share Schemes User Manual, which ETASSUM replaces. This indicated (at ESSUM44500) that 'It is acceptable for the right to exercise to be subject to discretion in these circumstances providing that such discretion is
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Unlike many other countries, the UK has no unfair competition law. Brand owners seeking to prevent competitors from marketing ‘copycat’ products or using misleading advertising have to rely on a combination of different intellectual property rights. These rights include the common law right to
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This Practice Note considers the legal concept of mistake in contract law. It examines common mistake, mutual mistake, unilateral mistake, mistake as to identity and mistake as to the document signed (non est factum). It also considers the impact of each of these types of mistake on the contract and
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