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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