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Recent Articles

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    14/03/2025
    United Kingdom

    Long Duration Energy Storage - the cap and floor regime starts to take shape

    Following October 2024's long-anticipated response (the “Response” – on which our commentary is available here) to its consultation on long duration energy storage in Great Britain (“LDES”), the Government continues development of the framework for providing LDES projects with a cap and floor support mechanism. On Wednesday 11 March 2025, DESNZ and Ofgem jointly published their Technical Decision Document (the “TDD”), which provides developers, investors and funders with much-needed additional detail on the cap and floor scheme (the “Cap and Floor...
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    14/03/2025
    Hungary

    Hungary drafts law to adopt EU’s NPL Directive: key changes on the horizon

    Hungary has drafted a new bill implementing Directive (EU) 2021/2167 on Credit Servicers and Credit Purchasers (NPL Directive), originally due for transposition by 29 December 2023. The proposed legislation will expedite the development of the secondary market for non-performing loans (NPLs) and ensure the effective protection of debtors’ rights.Under the current regulatory framework, commercial debt acquisition, including the purchase of NPLs, may only be conducted by financial institutions holding the relevant licence from the National Bank of Hungary (NBH). The bill seeks to redefine this...
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    14/03/2025
    Scotland

    Supreme Court to reconsider Scots law of prescription

    It has been 11 years since the Supreme Court issued its decision in David T Morrison & Co Limited v ICL Plastics Limited, which has spawned a series of cases altering the way issues of prescription are approached in Scotland. The end result is a complex area of law, which in recent years has often provided more confusion than clarity.Hopefully, that is about to change. Prescription is making its way back to the Supreme Court after the court gave permission to Tilbury Douglas to appeal the Inner House’s decision in Tilbury Douglas Construction Limited v Ove Arup & Partners Scotland...
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    14/03/2025
    Sweden

    Navigating the future of data centres in Sweden II: AI workloads, liquid cooling and the emerging legal challenges

    Sweden’s role as a premier destination for data centres continues to grow. As outlined in the previous article, this is fuelled by its abundant renewable energy, cutting-edge digital infrastructure, and supportive regulatory environment. However, as AI-driven workloads push the boundaries of computing power, new regulatory and sustainability challenges are emerging. Stricter energy efficiency requirements, evolving environmental regulations, and the increasing need for advanced cooling solutions—such as liquid cooling—necessitate a forward-thinking legal approach.Why is liquid...
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    14/03/2025
    Sweden

    Navigating the future of data centres in Sweden I: A strategic destination for investments

    Sweden maintains and strengthens its position as a leading data centre hub, driven by its sustainable and renewable energy resources, strong digital infrastructure, and business-friendly climate. However, as regulatory requirements evolve and sustainability standards become stricter, businesses must adopt a proactive approach to legal and compliance challenges.Why Sweden? A prime location for data centre developmentThe Nordics, and Sweden in particular, has established itself as one of the most attractive locations for data centre investments in Europe. With its stable political climate, highly...
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    14/03/2025
    South Africa

    An Increase in the BCEA Earnings Threshold and National Minimum Wage

    The Department of Employment and Labour (“DEL”) has recently implemented adjustments to both the Basic Conditions of Employment Act ("BCEA") earnings threshold and the national minimum wage. On 4 February 2025, the DEL implemented an increase in the national minimum wage of approximately 4,3%, from R27.58 to R28.79.  This increase was effective from 1 March 2025 and is applicable to all employees (except those mentioned below), including farm workers and domestic workers.The national minimum wage for workers employed on an expanded public works programme...
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