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Briefing Notes
Regulation
CMA Revokes Nine Legacy Market Remedies Including Payday Lending and PPI Orders in Strategic Review Final Decision
Nine remedies gone at once: the CMA is actively pruning its legacy estate, not just adding new interventions.
Regulation
CMA Subsidy Advice Unit Publishes Final Report on OZEV's £190m EV Charging Scheme, Identifying Gaps in Additionality and Competition Assessment
The SAU's pushback on OZEV shows the UK's subsidy control regime has real teeth, even for government-backed infrastructure.
Disputes
Court of Appeal Rules on Electricity Code Liability for Landlord in SmartestEnergy Business Ltd v Odeon Arcade Ltd
Bulk metering at multi-let commercial sites creates a liability gap the Electricity Code was not drafted to resolve cleanly.
M&A
CMA Launches Phase 1 Inquiry into NRG Fleet Services' Completed Acquisition of Specialist Fleet Services
Completed mergers put companies in a bind: integration paused, but businesses already joined at the hip.
Capital Markets
Diageo Reports Q1 Organic Sales Growth of 0.6% as North America Drops 3.7%, Complicating FTSE 100 Turnaround Story
Diageo's organic beat masks a structurally troubled North America: the turnaround thesis is not yet validated.
International
British Lawyer Dapo Akande Elected to UN International Court of Justice in First UK Seat in a Decade
The UK's ICJ return matters, international adjudication shapes how states settle disputes.
AI & Law
Ex-Legorans Raise $2.4m Pre-Seed for AI-Native Real Estate Law Platform as Legal Innovators UK Conference Opens
AI-native real estate law tools threaten the most routine, high-volume work at the base of the associate pipeline.