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Events of default? Worth checking your contracts again

Morton Fraser
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United Kingdom
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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
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United Kingdom
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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

Cold comfort: how latest case law demonstrates the limitations of comfort letters

Wragge & Co LLP
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United Kingdom
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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
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United Kingdom
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May 8 2013

A document priority clause generally won’t overcome poor drafting in subsidiary documents, according to a new English High Court judgment

Exceptions to exclusions and limitations of liability - gross misconduct and wilful default

Simpson Grierson
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New Zealand
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December 6 2010

When negotiating technology contracts, a customer may require that liability for negligence be excluded from the general contractual exclusions and limitations of liability

Fallout from Nosal verdict

Epstein Becker Green
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USA
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May 9 2013

Practitioners in the area of trade secret protection and employee mobility law are still trying to sort out the impact of a federal court jury

Indemnity clauses in commercial contracts: how to achieve desired contractual risk allocation

Piper Alderman
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Australia
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June 7 2011

An indemnity clause is a contractual transfer of risk between two contractual parties generally to prevent loss or compensate for a loss which may occur as a result of a specified event

Mandatory "say on pay" measures introduced in the UK

A&L Goodbody
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Ireland, United Kingdom
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May 14 2013

In the UK, the Enterprise and Regulatory Reform Act 2013 (the Act) has been passed into law, introducing a number of changes to the disclosure and

"Best efforts" - "reasonable efforts" - "commercially reasonable efforts" - what do these terms mean?

Dentons
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Canada
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June 7 2010

Agreements often refer to obligations being performed to a certain standard

"Governing law" and "jurisdiction" clauses

Herbert Smith Freehills LLP
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Global
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June 30 2008

In previous e-bulletins we have looked at a number of clauses that are commonly found in commercial contracts but are often poorly drafted and misunderstood

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Search results

Events of default? Worth checking your contracts again

Are parent company letters of support legally binding?

Cold comfort: how latest case law demonstrates the limitations of comfort letters

Unexpected trap in contract terms prioritising contract documents

Exceptions to exclusions and limitations of liability - gross misconduct and wilful default

Fallout from Nosal verdict

Indemnity clauses in commercial contracts: how to achieve desired contractual risk allocation

Mandatory "say on pay" measures introduced in the UK

"Best efforts" - "reasonable efforts" - "commercially reasonable efforts" - what do these terms mean?

"Governing law" and "jurisdiction" clauses

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