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GLOSSARY
Reactor in which fuel elements are submerged in an open water pool. The water serves as a moderator, reflector and coolant. Popularly called a "swimming pool reactor", it is used for research and training, not for electricity generation.
GLOSSARY
A fund such as a mutual fund or (UK) unit trust that invests the assets of many different individuals or institutions collectively.
GLOSSARY
A system of investing a pension fund in a range of stocks, shares and other investments.
GLOSSARY
The population within a mobile communications provider's licensed area. Confusingly, within the Internet world, the same abbreviation is used to describe Points of Presence (normally abbreviated as PoPs).
PRACTICE NOTES
There are a wide range of approaches to coaching and a number of different tools you can use to ensure you get the most from each session. Having a diverse set of frameworks and tools helps ensure meaningful progress and structured conversations, but as there is no right or wrong approach, you should use whichever approach and/or tool(s) that works best for your particular situation. In this Practice Note we will consider: • the O Shaped Lawyer concept • the GROW coaching model • setting SMART goals • the MAPS model and when it works best • how the ‘5 Whys’ technique can help • positive goal setting—what it is and why it works • using goals, markers, my part/and your part at the end of a session For further reading on the topic of coaching, see Practice Notes: An introduction to coaching, Becoming a coaching manager and Coaching for coachees. The O Shaped Lawyer The O Shaped Lawyer concept was created by Dan Kayne, a former General Counsel
PRACTICE NOTES
CASE HUB ARCHIVED–this archived case hub reflects the position at the date of the decision of 3 June 2015; it is no longer maintained. See further, timeline. Case facts Outline UK merger investigation into the completed acquisition by Pork Farms Caspian Limited (Pork Farms) of the chilled savoury pastry business of Kerry Foods Limited (Kerry).The transaction involves a horizontal overlap in the market for the manufacture and supply of branded and own label chilled savoury pastry pork products to the food retail sector. T Latest developments The CMA issued its final report and unconditionally cleared the transaction on 3 June 2016, confirming its provisional findings. Parties Pork Farms specialises in the manufacture and supply of branded and own label chilled pork products. It develops and produces its products at four locations across the UK. It is owned by private equity firm Vision Capital LLP. The chilled savoury pastry business of Kerry also specialises in the manufacture and supply of branded and own label chilled pork products to the food retail sector. The acquisition
GLOSSARY
The traditional TCP (transmission control protocol) port used by the Simple Mail Transfer Protocol.
GLOSSARY
Portability refers to variations in conventional change of control provisions in which an event that would otherwise constitute a change of control will be deemed not to constitute a change of control. The effect is that the debt becomes ‘portable,’ travelling with the issuer/borrower to its new owners without the need for refinancing arrangements.
PRACTICE NOTES
This Practice Note examines portability provisions in high yield bond documentation. It looks at what is meant by portability before discussing key points in high yield documentation and portability in loan documentation. It assumes some knowledge of terminology used in the market. For introductory information on acquisition finance together with links out to more detailed information, see Practice Note: Introductory guide to acquisition finance. For a glossary of acquisition finance terms, see: Glossary of acquisition finance terms and jargon. What is portability? High yield bond covenant packages typically contain provisions that provide bondholders with a put right—generally at 101% of par (plus accrued and unpaid interest)—on the occurrence of a change of control (CoC). This provides bondholders an opportunity to reconsider their investment and potentially exit from it without loss in specified circumstances in which management and ownership of the issuer is likely to have fundamentally changed. In the context of leveraged loans, a CoC will, in the European context, typically give rise to a lender put right at par
GLOSSARY
A draft EU Directive intended to give EU workers the right to join a pension scheme, obtain vested rights within a reasonable time and the right to transfer those pension rights when they leave.
PRACTICE NOTES
This Practice Note considers the portability of online content services in the context of Regulation (EU) 2017/1128 on cross-border portability of online content services in the internal market (the EU Portability Regulation). It addresses the core obligation of certain service providers to ensure their content is available to European citizens temporarily present in a different Member State, the impact on copyright and enforcement. This Practice Note considers the rules on the portability of online content services in the internal market. It covers: • Background • The mandatory portability obligation • Residency verification • Application to free services • Contractual provisions • Copyright and rights holder issues • Information requirements • Enforcement Note: the EU Portability Regulation was amended in 2017 (see Corrigendum). The Corrigendum did not amend the Recitals to the EU Portability Regulation. However, the published consolidated version available on EUR-Lex does not include them. Nonetheless, as they have not been omitted or amended via the Corrigendum, these remain in force and they are referred to in this Practice
GLOSSARY
An investment technique where the active return of an investment manager relative to one benchmark is combined with the return from a separate benchmark (often in a different market).