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Can parties choose an alternative governing law to opt out of the applicability of the Commercial Agency Regulations?

  • Matheson
  • -
  • Ireland, United Kingdom
  • -
  • June 15 2010

In a recent High Court case in England, it was held that even where parties choose a non-EU governing law in an agreement, the Commercial Agency Regulations (and indeed any other mandatory EU laws) must be followed

The big switch IFRS accounting standards

  • Matheson
  • -
  • Ireland, United Kingdom
  • -
  • May 21 2010

Proposals by the Accounting Standards Board, the accounting standard setting body for the UK and Ireland, will see Irish and UK Generally Accepted Accounting Principals ("GAAP") replaced by a version of International Financial Reporting Standards ("IFRS"

Obligation to negotiate in good faith?

  • Matheson
  • -
  • Ireland, United Kingdom
  • -
  • November 30 2009

Traditionally the common law has refused to recognise a duty to negotiate in good faith in run-of-the-mill transactions between parties acting at arm’s length on the basis that such obligations are too uncertain

The words subject to contract may not always be effective

  • Matheson
  • -
  • Ireland, United Kingdom
  • -
  • November 24 2009

It is a well-established principle of law that an agreement made on terms that the parties do not intend to be legally bound unless and until they enter into a more formal contract is not itself legally binding