This week's edition of EU Law weekly highlights includes analyses on the Court’s decision on the trade mark of ‘Vagisan’ stating that it is too close to 'Vagisil' and on the delay regarding the publication of the final version of the General Purpose AI Code of Practice. In addition this week, the Irish Data Protection Commission fined TikTok €530m for breaches against the EU General Data Protection Regulation regarding EEA user data transfers to China, the Commission opened a consultation on the evaluation of the Cosmetic Products Regulation and on revising the Sustainable Finance Disclosures Regulation, published the May 2025 infringement package, published a roadmap to end Russian energy imports, published the new mandatory Manufacturer Incident Report under MDR/IVDR and MedTech Europe published a paper to support effective implementation of the MDR/IVDR ahead of the reform.
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Micklefield clausesWhat is a Micklefield clause?It is common for employee share plans to provide that, on termination of employment (or when an employee is given or receives notice of termination of employment), subsisting share awards will be forfeited and subsisting share options will lapse.It is
Financial clean break orders in family proceedingsDuty of the court to consider a clean breakAlthough there is no presumption in favour of there being a financial clean break between parties on divorce, the court is under a duty to consider whether it would be appropriate to exercise its powers so
Early leavers—preservationFORTHCOMING DEVELOPMENT: Section 10 of the Finance Act 2022 will increase the normal minimum pension age (NMPA) from 55 to 57 on 6 April 2028 (save for members of the firefighters, police and armed forces public service pension schemes).The Finance Act 2022 will also give
Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid
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