This is the second in a series of articles aimed at providing legal updates to private equity portfolio companies. It is hoped that the information provided is helpful and informative to those charged with running the day-to-day operations of these businesses, including executive and non-executive directors, general counsel and others.

This note focuses on the persons with significant control regime, the judgement of the recent case Idemitsu Kosan Co Ltd v Sumitomo Co Corp [2016] EWHC 1909 (Comm), the proposed ban on corporate directors and recent developments in the UK electricity storage market.

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