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The
Supreme Court has announced that judgment in two corporate/commercial cases -
Marks and Spencer plc v BNP Paribas Securities Services Trust Company (Jersey) Limited and
Eclairs Group Limited v JKX Oil Gas Plc - will be handed down next Wednesday: see
here. The first case concerned an alleged implied term in a commercial lease; the second concerned the scope of a provision in a company's articles giving the directors the power to impose restrictions on shareholders voting and the limitations imposed on the directors in the exericse of that power.
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