Consumers should not have to pay to claim prizes
On 18 October 2012, the Court of Justice of the European Union (CJEU), in the case of Purely Creative and Others v Office of Fair Trading, issued a judgment clarifying the interpretation of the Unfair Consumer Practices Directive (2005/29/EC).
Although the legal scope of the directive does not extend beyond the European Union (and so does not apply to the Isle of Man), Isle of Man-based promoters should still take the CJEU’s judgment into consideration when considering good practice.
The directive is intended to clarify consumers’ rights and to simplify cross-border trade by harmonising the legislation across the European Union that prevents business practices that are unfair to consumers…
If you are registered and logged in to the site, click on the link below to read the rest of the Appleby briefing. If not, please register or sign in with your details below.
News from Appleby
News from The Lawyer
Briefings from Appleby
The law in Jersey relating to the consequences of receiving a bribe has recently been clarified.
FATCA’s implementation is now on a very tight timeline, and there are steps that must be taken by each CLO issuer and its board of directors in very short order.
Analysis from The Lawyer
Offshore law firms have long supplemented their legal offerings with fiduciary business, but will that model last?
Business is booming in the Isle of Man, a small jurisdiction that thinks big