Railcare saved as German buyers confirm deal
Railcare, a rolling-stock refurbishment company, has been saved after a deal was struck with a German company that was previously on the verge of buying the business in July.
The talks with Knorr-Bremse failed at the end of July, and although terms have now been agreed, the workforce has been more than halved…
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The current EU market abuse regime is in line for an overhaul. It is anticipated that the implementation of the new proposals may not come into force until 2016.
The ‘unfair relationship’ concept in respect of credit agreements was introduced into the Consumer Credit Act 1974 on 6 April 2007.
Analysis from The Lawyer
A new breed of lawyer is smoothing the path for companies entering emerging or unstable jurisdictions
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