Webinar recording – Open and Closed Frameworks and Dynamic Markets that comply with the Procurement Act 2023
11 April 2025
This webinar explained the differences between Open and Closed Frameworks and Dynamic Markets, offering practical guidance on setup and call-off processes. It also covered compliance with the 2023 Act requirements.
On Tuesday 8th April, industry experts Charlotte Ganz, Simon Harris, and James Lupton led an insightful webinar focused on the nuances of Open and Closed Frameworks and Dynamic Markets. The session provided attendees with practical guidance on how to effectively set up and call off using these commercial tools, ensuring compliance with the requirements of the 2023 Act.
For almost all investors on a venture capital transaction the primary motivation will ultimately be to make a capital return on their investment. In this regard, one of the protections that investors will often seek is a preference right attached to the shares subscribed for by the investors such that on a liquidation or an exit/sale event, the investors effectively rank ahead of the holders of other classes of share on the distribution of funds available.
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On 9 July 2025, the Welsh Government confirmed that its proposed £205.2m investment package to transform Cardiff Airport over the next ten years will be the subject of litigation brought under the Subsidy Control Act 2022 by Bristol Airport.