English commercial law — six key developments in 2013
In this article, Walker Morris considers six of the most important developments in English commercial law to have occurred in 2013.
Probably the most significant case in the perennially troublesome area of exclusion clauses was Kudos Catering (UK) Ltd v Manchester Central Convention Complex Ltd, in which a party sought to rely upon an exclusion clause to exclude its liability for loss of profits in relation to a repudiatory breach of contract.
New legislation governing the late payment of invoices came into force earlier in the year. In an earlier briefing, Walker Morris summarised the legislation and advised what businesses should be doing to take advantage of it…
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A misrepresentation is a statement that induces entry into a contract and that turns out to be false.
Marshalling is an equitable remedy for achieving fairness between two or more secured creditors of the same debtor.
Analysis from The Lawyer
The law school war shows no signs of ending. But we have, perhaps, reached the end of the beginning.
New EU rules and lawyers’ increased comfort with digital formats are sparking a sea-change in the way law firms manage their documents