Pundits across the board generally agreed that George Osborne had a good run-out in Britain’s House of Commons some 10 days ago with his autumn statement. Anything that gets the Chancellor of the Exchequer’s shadow spluttering and steaming is thought to be good value by impartial observers and Tory Party faithful alike. But apart from the political blood sport, what did the statement actually mean for lawyers and their clients? Our experts at Shoosmiths cut through the bluster and analyse the detail. Topping the bill is a welcome development for business that corporation tax will be cut from 23 per cent to 21 per cent from next April, dipping to 20 per cent a year later. Click here for more information.
Jurisdiction in contracts used to be an easy one. The parties met in a room, broke out a pot of ink and a quill pen and signed on the dotted line. Cigars were smoked, brandy quaffed – the contract was made in that jurisdiction. Bring on the cyberspace revolution and the prevalence of e-mail, all of which, say our commentators from Wragge & Co, makes disputes more likely over where a contract is formed. A recent London High Court ruling confirms that judges are inclined to rule contracts can be made in two jurisdictions rather than try to work out by conventional offer and acceptance rules who ‘spoke last’. Click here for more information.
Brussels is throwing the EU’s copyright regime up in the air and seeing where it lands, with mandarins launching a public consultation on reform of the entire system. According to analysts from Taylor Wessing, the core aim of the review is ‘to ensure that the system of rights, limitations to rights and enforcement remains appropriate and is adapted to the new [digital] environment’. The consultation kicks off in February and wraps up in the spring. Click here for more information.
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