Right of First Refusal in UK Law
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High Court considers how to interpret a right of first refusal in a shareholders' agreement
The High Court has considered whether any special principles of contractual interpretation apply to the interpretation of a right of first refusal in a shareholders' agreement. It found that usual ...
- Right Of First Refusal
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The FCA's final ban on right of first refusal/right to act provisions: will it affect corporate lending and acquisition finance markets?
On 27 June, the UK Financial Conduct Authority (FCA) published a policy statement setting out the final form of its proposed ban on right of first refusal and right to act provisions relating to th...
- Tenants Right Of First Refusal
- High Court Considers How To Interpret A Right Of First Refusal In A Shareholders' Agreement
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Prohibition on 'right of first refusal' clauses in financing transactions
In May 2015 the Financial Conduct Authority (FCA) launched a market study to assess, among other matters, the effects of cross-selling and cross-subsidising of investment and corporate banking serv...
- Me First! A Tenant's Right of First Refusal under the Landlord and Tenant Act 1987
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A new power of compulsory sale? The new community right to buy abandoned, neglected or detrimental land
The Land Reform (Scotland) Act 2003 brought about a statutory right for communities to purchase land in Scotland. Being more of a right of first refusal over land than a right to buy, it lacks teet...... ... Being more of a right of first refusal over land than a right to buy, it lacks teeth: if the landowner ... ...
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Investment and corporate banking: prohibition of restrictive contractual clauses
In Policy Statement 17/13, the FCA has published final rules (in COBS 11A.2) to prohibit UK firms from entering into written agreements with their clients (whether based in the UK or overseas) whic...... ... extends to clauses which give firms a "right to act", i.e. the right to provide any future ... or M&A services to the client, or "right of first refusal", i.e. the firm has the right to enter ... ...
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Insolvency sales and the community right to buy in Scotland: traps for the unwary
KEY POINTS - - This article will consider the legal and practical issues of the Community Right to Buy regime faced on an insolvency sale of property in Scotland by an insolvency practitioner. ...... ... registered CRTB over property a right of first refusal if the ... landowner or insolvency practitioner wishes to ... ...
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