Clean fees meaning

In this issue: EU fundamentals Banking and finance Commercial Competition and state aid Data protection and cybersecurity Dispute resolution Financial services Environment Insurance and reinsurance IP Life sciences Regulatory TMT International trade LexTalk®EU Law: a Lexis®Nexis community Daily and weekly news alerts New and updated content Trackers EU fundamentals Danish Presidency of Council of the EU publishes presidency programme The Danish Presidency of the Council of the EU has released its programme for 1 July to 31 December 2025, setting out priorities and direction under the banner ‘A strong Europe in a changing world’. The presidency intends to reinforce the EU’s ability to act independently amid mounting global volatility, with a spotlight on security, competitiveness and the green transition. Forthcoming legislation will focus on strengthening defence, enhancing economic resilience and driving climate neutrality. The presidency also plans to lighten regulatory burdens and advance EU enlargement....

In this issue: Planning policy Major infrastructure projects Buildings and Building Regulations Marine planning Daily and weekly news alerts New and updated content New Q&As Planning Highlights 2025/2026 Planning policy Planning and Infrastructure Act 2025 receives Royal Assent On 18 December 2025, the Planning and Infrastructure Act 2025 secured Royal Assent, completing the passage of the Planning and Infrastructure Bill first brought to the House of Commons in March 2025. The Bill was altered at Committee, Report and Third Reading in the Commons, then amended again in the Lords. Government messaging casts the Act as central to a pro‑growth programme: a landmark reform designed to remove barriers and get construction moving faster. Ministers highlight its role in freeing projects long stalled in the planning system and in speeding up the delivery of homes, clean energy and vital infrastructure. The Housing Secretary links it to a new phase to deliver 1.5 million homes, while the Chancellor...

In this issue: Planning and Infrastructure Bill Planning issues in energy projects Planning applications and decisions Highways and rights of way Daily and weekly news alerts New and updated content Related Documents Planning and Infrastructure Bill MHCLG introduces Planning and Infrastructure Bill to Parliament The Ministry of Housing, Communities and Local Government (MHCLG) has laid the Planning and Infrastructure Bill before Parliament. It sets out major reforms to accelerate and simplify the planning regime, including: swifter consenting for NSIPs and refreshed National Policy Statements, localised planning fees, a scheme delegating planning decisions, a nature restoration fund to support environmental interventions, a strategic planning system across England, stronger development corporations, and a simplified compulsory purchase process. The package aims to cut delays, reduce costs and drive economic growth while advancing the UK’s clean energy and climate ambitions. Critics, however, caution that reduced consultation and streamlined nature protections could erode local accountability and environmental scrutiny, potentially limiting transparency,...

This Resource Note summarises the core provisions of Rule 21 of the City Code on Takeovers and Mergers (the Code). It covers the limits on an offeror taking frustrating action in connection with an offer, and the approach to inducement fees and other offer-related arrangements. Rule 21 also mandates that competing offerors are given equivalent information, and that the offeree’s independent directors receive all information supplied to external finance providers in a management buy-out. It signposts relevant materials, commentary and guidance from the Panel on Takeovers and Mergers (the Panel), alongside Lexis+® UK analysis and resources, to provide practical direction on the interpretation and application of Rule 21... Materials covered in this Resource Note include: Practice Statements issued by the Panel Executive (the body responsible for the day-to-day supervision and regulation of takeovers) (Executive), offering informal guidance on how the Executive typically interprets and applies the Code Panel Statements issued by the Panel (P/S) and Panel Instruments Public Consultation Papers (PCP) and Response Statements...

The primary appeal of private equity for investors and fellow shareholders (including management) is the prospect of realising a notable capital uplift on exit. While income streams during the holding period—dividends on shares, interest on loan notes and assorted fees—are meaningful to the investor, the true benchmark of success is the capital return. Over the longer term, this is what ultimately defines whether a venture capital or private equity firm has succeeded and its capacity to attract investment into later funds. For further information, see Practice Note: Private equity investment—firms and funds. Managing the exit Exit planning starts almost from day one of the private equity investment journey. The likelihood of achieving a successful realisation forms a central part of the investor’s assessment and decision-making. Without a workable exit, the investment will, in all likelihood, be judged a failure. Correspondingly, the equity documentation for the deal includes provisions that address and govern the exit...

Date and Parties Date, Licensor and Licensee details, including incorporation, registered office and company numbers, to be inserted. Definitions Car Park: as shown on the Plan. Lease, Legislation, Licence Fee, Licence Period, Permitted Hours, Plan, Regulations, Space(s), VAT, Working Day: as specified. Licence Non-exclusive right to park designated cars in the Space(s) and to use access routes in common with others, without obstruction. Licensee’s obligations Pay the Licence Fee (plus VAT) in advance; contribute rates/outgoings; observe Regulations. On expiry, clear and tidy the Space(s). Dealings Licence is personal or tied to the Lease; no sharing or assignment except as permitted. Breach, Indemnity, VAT and Interest Breaches to be remedied promptly; Licensor may step in at the Licensee’s cost. Licensee indemnifies the Licensor. VAT payable on sums; interest due on late payments. Termination, Liability and No Tenancy Ends on expiry or for material breach. Fees remain due to...