UK High Court upholds Government Order to divest in first Judgment on National Security and Investment Act
20 December 2024
In the first such judicial review challenge brought against a divestment order made under the National Security and Investment Act 2021 (NSIA), the High Court upheld the Government's decision for LetterOne to divest Upp. The judgment serves as a reminder of the deference that the courts will pay to the Government in national security matters, including under the NSIA regime.
Clifford Chance
