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Global Investigations Bulletin (July 2022) Our latest Global Investigations Bulletin for July 2022 is now available. This month, we discuss the future of the “failure to prevent” model for corporate criminal offences, and set out the latest news in global investigations and enforcement actions. R... The New Normal: the 27-stop shop is here to stay On 13 July, the General Court dismissed Illumina’s appeal requesting the annulment of the European Commission’s decision to assert jurisdiction over Illumina’s acquisition of GRAIL.  In so doing, the General Court confirmed the vali... UK Collective Actions Regime: Where are we now? Since December 2020, when the Supreme Court handed down its landmark decision in Merricks v MasterCard, the UK collective actions regime for competition damages actions has continued to develop at pace. This briefing summarises some key trends emerging fr... BLOG: Energy (Oil and Gas) Profits Levy Act 2022 The one-week consultation left little time to comment on the draft legislation for the Energy (Oil and Gas) Profits Levy (the Levy) which applies to certain profits of oil and gas companies from upstream activity in the UK and on the UK Continental S... BLOG: Stop the press! Taxpayer wins Ramsay appeal on disclosed avoidance scheme We understand that some readers of this decision may find it surprising that an artificial series of transactions which, on the unchallenged findings of the FTT, were devoid of business purpose and effected only to achieve a "magical" increase in qualifyi... Sustainability: the new driver of corporate decision making ESG considerations are now steering the agenda at board level, with companies and organisations factoring sustainability into key issues within corporate strategy. In this piece, we examine the lead up to this point, exploring the rise of sustainability c... Employment Bulletin - July 2022 Topics covered in this bulletin: Right of substitution did not prevent worker status Employment Tribunal decided that symptoms of long Covid were a disability Ill-health dismissal following unsatisfactory trial was disability discrimination Employer... Competition & Regulatory Newsletter: Political agreement reached on EU Foreign Subsidies Regulation On 30 June 2022 the Council of the European Union and the European Parliament reached provisional political agreement on a regulation to control foreign subsidies that distort the EU internal market. The Foreign Subsidies Regulation, or FSR, will directly... The Legal 500: Litigation Comparative Guide - UK chapter The Legal 500: Litigation Country Comparative Guide aims to provide a country specific overview of litigation laws and regulations. Damian Taylor and Olga Ladrowska, members of our Disputes and Investigations team, co-authored  the UK: Litigation Ch... Acquisition Finance 2022 guide: Hong Kong Chapter A guide to the key aspects of acquisition finance in Hong Kong. Saughter and May contributed the Hong Kong and UK chapters for the Chambers Global Practice Guide: Acquisition Finance 2022. The Hong Kong chapter, looks at key issues that arise ...