Knowledge Notes

UK Knowledge Collection | Regulatory outlook, what business can expect from the next government, and creditor consent in insolvency

Published on 28th Jun 2024

Welcome to this week's Knowledge Collection

This month's Regulatory Outlook focuses on what businesses can expect in specific regulatory areas from the next government, after the calling of the election halted a number of developments: including secondary legislation in consumer law (the Digital markets, Competition and Consumer Act), consultations and secondary legislation on the National Security and Investment Act, and the direction the UK will take in relation to data law (after the Data Protection and Digital Information Bill failed to get through the parliamentary wash-up period).

Our experts have also taken a look at the implications of the general election for businesses in seven sectors: the built environment; energy; mobility and infrastructure; life sciences and healthcare; tech, media and comms; financial services; and retail and consumer. Our post-election webinar will look at how the workplace and HR may be affected by the new government's policies. Whatever the result of the election, businesses can look forward to seeing the government's legislative programme being set out in the King's speech on 17 July.

Two recent High Court cases (in which Osborne Clarke acted) have helped to clarify an area of uncertainty in relation to creditor consent, raised by the Insolvency Service's first review of the 2016 insolvency rules. And next month, we host a webinar on the practical steps businesses can take to secure IP assets across global jurisdictions in insolvency situations.


Recent Insights

How global businesses can gain first mover advantage with natural capital

Businesses should consider their supply chains' impact on nature in the light of the currently voluntary TNFD disclosure framework. 
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Employment Law Coffee Break

Our update for employers looks at HR and AI, an Employment Appeal Tribunal decision in relation to redundancy pools, and a spotlight on automatic pensions enrolment compliance.
Read more >

English High Court clarifies the consent requirements for administration extensions under Insolvency Act

Two first instance decisions have confirmed that the consent of secured creditors with no remaining economic interest is not needed to extend the administration of a company.
Read more >

UK Regulatory Outlook

Our round-up of developments for businesses across 18 legal and regulatory areas including AI, products, ESG, sanctions, public procurement, and more.
Read more >

How will the general election affect your business?

Our experts explore what business might be hoping for or expect to see from the next government.
Read more >


Upcoming Events

Election special: the road ahead for work and HR

9 July | 09:30-10:15
Whichever party wins the general election, the workplace and HR will be affected. Join The HR World and sponsors Maru Search & Consultancy and Osborne Clarke as we get to grips with the next government's plans.
Register now >

Essential safeguards | Preparing for your licensor's bankruptcy in licence agreements

16 July | 16:00-17:00
Our experts from Germany, the UK, China, and guest speaker Michael T. Delaney, from BakerHostetler in the US, will provide valuable insights and practical strategies to secure IP assets in licence agreements.
Register now >

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* This article is current as of the date of its publication and does not necessarily reflect the present state of the law or relevant regulation.

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