The following Pensions practice note provides comprehensive and up to date legal information covering:
IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s withdrawal from the EU. At this point in time (referred to in UK law as ‘IP completion day’), key transitional arrangements come to an end and significant changes begin to take effect across the UK’s legal regime. This document contains guidance on subjects impacted by these changes. Before continuing your research, see Practice Note: Brexit and IP completion day—the implications for pensions.
This Practice Note provides an overview of the key provisions and requirements of the General Data Protection Regulation (GDPR) and the Data Protection Act 2018 (DPA 2018) and highlights particular issues of relevance to pension lawyers.
For information on common issues which arise regarding the application of the GDPR in a pensions context, see Practice Note: GDPR—FAQs for pensions.
For information on steps which trustees and employers would have had to take to prepare for the GDPR, see Practice Note: The General Data Protection Regulation—action for pension trustees and employers.
The GDPR came into force on 25 May 2018 replacing, and building on, the Data Protection Directive 95/46/EC on which the UK's Data Protection Act 1998 (DPA 1998) was based. For information on the data protection framework before 25 May 2018, see Practice Note: The Data Protection
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This Practice Note considers the different categories of contractual damages that may be available for financial loss (pecuniary loss), ie expectation-based damages, reliance-based damages and gains-based damages.For guidance on contractual damages generally, see Practice Note: Contractual
This Practice Note discusses Term Loan B (TLB) facilities which frequently appear as a tranche of senior facilities in syndicated loans in leveraged financings. TLBs are an established feature in the US market and increasingly used in the European lending market for institutional investors.This
Source of the doctrine of the separation of powersThe origins of the doctrine are often traced to John Locke’s Second Treatise of Government (1689), in which he identified the 'executive' and 'legislative' powers as needing to be separate.‘… it may be too great a temptation to human frailty, apt to
Company directors are not, by virtue only of their office as director, automatically entitled under company law to remuneration for services as a director or to reimbursement of expenses incurred in rendering such services. Power to pay directors remuneration for their services will need to be
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