Key legal issues for UK private equity dealmakers to consider in 2022 can be found in the latest edition of the UK chapter of The Legal 500: Private Equity Country Comparative Guide 2022, authored by myself alongside finance partner Alex Robb, tax partner Andrew Howard and private equity transaction counsel Shona Ha. 

The chapter is structured as a Q&A and addresses the key legal aspects of doing PE deals in the UK, as well as highlighting some recent legal updates and trends including: 

  • The new UK foreign investment rules (the National Security and Investment Act), which came into force on 4 January 2022 and enable the UK Government to scrutinise and potentially intervene in certain transactions for national security reasons 
  • A market trend in selling sponsors rolling over or retaining a stake in their portfolio companies by selling to a continuation/affiliated fund 
  • Overview of the key areas of negotiation between borrowers and lenders including on syndicated financings 
  • Some examples of new seller-friendly provisions in SPAs to further protect the seller from regulatory filings risk 

For full details, please click here.