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The regime for determining jurisdiction in cross-border contract disputes has been improved, but it is crucial that contracts contain an exclusive jurisdiction clause.
Some 10 years after having received advice from the defendant the claimant learned that the advice had been negligent and had caused him loss.
It is comforting to solicitors and their insurers that indemnity policies will not be seen as an easy target to cushion clients’ bad business decisions.
Case shows that courts are reluctant to imply terms into contracts that have been freely negotiated between sophisticated parties...
Also: £90k fine for nominated adviser; ’proper purpose’ for inspecting a register of members; and more.
New insolvency rules on hold download
The introduction of the new insolvency rules is now likely to be delayed until 2016.
Where a corporate lender agrees to release a debt, the lender will be entitled to a tax deduction, which can be used to reduce taxable profits.
How to ensure your terms and conditions govern the contract.
FCA to launch market study to assess competition in investment banking and corporate services download
On 19 February 2015, the FCA published its initial findings into potential competition concerns.
Litigation privilege: what is it and how can you protect it? A checklist for directors and managers download
Claiming privilege over a document is a valuable right for a potential litigant, however litigation privilege can be lost or not even arise at all.
The Financial Conduct Authority has fined Reckitt Benckiser Group plc £539,800 for a number of breaches of the listing rules and the disclosure rules and transparency rules.
This edition of Foresight outlines legislative and regulatory changes relating to company law expected to come into effect in 2015. With a little Foresight, Walker Morris can help you plan ahead.
In his Autumn Statement, the Chancellor announced the Government’s intention to stop the practice of using schemes of arrangement involving a reduction of capital to effect a takeover of a public company.
The use of ‘cash shells’ with a quotation on the London Stock Exchange is a tried and tested way of generating the cash to fund an acquisition trail.
The Government has been consulting on draft regulations containing a new reporting requirement on payment practices and policies.
New rules on corporate directors download
The Small Business, Enterprise and Employment Bill is currently working its way through Parliament and is likely to become law in the Spring.
Case update: a chattel or a fixture? download
The degree and object of annexation were the key principles for the High Court to consider in the recent case of Lictor Anstalt v Mir Steel UK Ltd and Libala Ltd.
Stamp duty on takeovers download
We have seen an increasing number of public company takeovers structured as schemes of arrangement.
The Financial Reporting Council has published changes to the UK Corporate Governance Code.
The guidelines are directed at premium-listed Main Market companies — although AIM companies are encouraged to adhere to the guidelines as best practice.