NATIONAL SECURITY MERGERS


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"Vivienne has a wealth of knowledge. We were lucky to find her.”

Finance Director, Large producer of computer and SaaS software
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In January 2022, the UK Government introduced new rules allowing it to investigate and block acquisitions of shares or assets that may result in national security concerns. The rules apply whether the investor is a UK or foreign acquirer.

The law is drafted very broadly to capture mergers affecting many sectors inculding life sciences, advanced materials, computing and AI, transport, nuclear, energy, communications and emergecy services.

For the first time ever, parties will be obliged to make an application to the UK Government for clearance to proceed. Failure to apply will render the deal void and could incur fines and criminal penalties. The standard merger clearance rules will also apply alongside these new rules, meaning two applications for clearance might be needed.

For help in deciding whether the rules apply and to make an application for clearance, please contact us.



vr@vrobinson.co.uk
01353 72 20 20

Regulated by the SRA

The Solicitors Regulation Authority (SRA) sets the rules that this firm and the solicitors who work for it must follow and will take action if these rules are broken. This means that:
- everyone who works for the firm must meet the high standards
- this firm must have the right level of insurance to protect you in case something goes wrong
- you can complain to the SRA if you are concerned about the behaviour of this firm.
- you can also make a complaint to the Legal Ombudsman, who may be able to help you in resolving the issue.
You can find out more about this firm by using the Solicitors Register.

Disclosure

Vivienne Robinson Solicitors is the trading name of Vivienne Robinson Ltd, a law firm regulated by the Solicitors Regulation Authority (SRA no. 598617) and insured by Liberty Mutual.
Company registered in England and Wales, registration number 85556627.
VAT registration number GB680936113.


Terms and conditions of business are available on request.