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The much-anticipated judgment in Nortel Companies and others, Re  UKSC 52 (24 July 2013) was delivered by the Supreme Court on 24 July.
The Court of Appeal has today handed down an important decision that concerns a patent for a synthetic copolymer known as copolymer-1.
From now on, any transfer of personal data from Germany to the US should be regarded unlawful under German data protection law. This was stated by the German data protection authorities in a press release issued on 24 July 2013.
The wave of US enforcement action curbing market manipulation in high-frequency trading has finally hit UK shores.
The establishment of a foreign-invested enterprise in China can be a formidable task, but a circular from the State Council may streamline the process and ease the registration burden.
Like the UK economy, this quarter’s Technology Barometer is looking increasingly optimistic as we progress through 2013.
The most important change implemented by the new Civil Code in the area of contract law is the cancellation of parallel rules.
The Court of Appeal has confirmed that an ‘all monies’ guarantee will be enforceable against the guarantor where the underlying contracts between the beneficiary and the principal debtor are amended or extended.
Consent payment or solicitation payments have become a relatively common way in which debtors undergoing a restructuring can incentivise bondholders to vote in favour of the restructuring.
Where the intended recipient of a letter of demand denies receipt in fact, but it can be shown that its service complied with the relevant loan document, the letter of demand will be treated as served.
Material adverse change clauses are a common feature of financing documents.
This case is a good example of a borrower throwing everything at a lender only to find itself bound by the terms of the facility agreement because of some of the boilerplate provisions.
The High Court has held that a typical hybrid jurisdiction clause found in many finance documents is valid.
The Supreme Court has considered how to construe and apply contractual terms incorporating the insolvency tests contained in section 123 of the Insolvency Act 1986.
According to figures published by HMRC, 225 banks in the UK have ‘voluntarily’ adopted the Code of Practice on Taxation for Banks.
A recent case has highlighted the problems that can arise when a complex set of finance documents recording the respective rights and priorities of a group of lenders is amended.
The Court of Appeal has overturned a High Court decision where the court refused to make an administration order in relation to a Jersey registered company with assets in the UK.
The English High Court takes a broad view of what constitutes an infringing communication to the public.
On 28 April 2013, SAFE released its Circular on Administrative Measures for Foreign Debt Registration, which came into effect on 13 May 2013.
The regulation of similar biological medicinal products (‘biosimilars’) is governed by article 10(4) of Directive 2001/83 as amended, supplemented by the annex to the directive.