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Events of default? Worth checking your contracts again
- Morton Fraser
- -
- United Kingdom
- -
- May 15 2013
The Supreme Court handed down an important judgement last week in the case of BNY Corporate Trustee Services Limited v Eurosail - UK 2007 - 3BL PLC
Are parent company letters of support legally binding?
- CMS Cameron McKenna
- -
- United Kingdom
- -
- May 14 2013
The High Court has decided that letters of support provided by a parent company did not have contractual force. The letters did no more than provide
The “new” Corporate Manslaughter Act - five years since introduction
- Kennedys
- -
- United Kingdom
- -
- May 10 2013
July last year saw conviction and sentencing in only the third successful corporate manslaughter prosecution since the Corporate Manslaughter and
Cold comfort: how latest case law demonstrates the limitations of comfort letters
- Wragge & Co LLP
- -
- United Kingdom
- -
- May 9 2013
Comfort letters can be a useful tool for providing an assurance of support from a parent to a subsidiary company. In some cases they help inform the
Unexpected trap in contract terms prioritising contract documents
- Wigley + Company
- -
- United Kingdom
- -
- May 8 2013
A document priority clause generally won’t overcome poor drafting in subsidiary documents, according to a new English High Court judgment
The scope and nature of warranties - recent case law
- Hogan Lovells
- -
- United Kingdom
- -
- May 7 2013
In a decision that may have implications for the disclosure process, the Court of Appeal has held that a warranty should be interpreted on a
Towards an implied duty of good faith under English law
- Jones Day
- -
- United Kingdom
- -
- May 6 2013
"I respectfully suggest that the traditional English hostility towards a doctrine of good faith in the performance of contracts, to the extent it
Court of Appeal grapples with the relationship between an arbitration clause and the rights of third parties: decision in Fortress Value case upheld but on different reasons
- Herbert Smith Freehills LLP
- -
- United Kingdom
- -
- May 2 2013
In May 2012, the Commercial Court dealt with the circumstances in which a third party beneficiary of a right under a contract will be treated as a
Managing personal liability pointers for non-executive directors
- William Fry
- -
- United Kingdom
- -
- April 30 2013
The UK High Court case of Newcastle International Airport Ltd (NIAL) v Eversheds LLP has highlighted the importance of a Non-Executive Director's
Car hire charges need to be incurred
- Wragge & Co LLP
- -
- United Kingdom
- -
- April 24 2013
When faced with a substantial car hire claim, finance companies would do well to put a business claimant to proof that the replacement car was
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