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Fraud and Performance Securities
  • White & Case LLP
  • United Kingdom
  • February 15 2017

Performance securities are an everyday feature of construction and engineering projects. It is increasingly common to see calls on performance

How effective are ‘anti-oral variation’ clauses?
  • EdwinCoe LLP
  • European Union, United Kingdom
  • February 14 2017

As the UK moves closer and closer to the triggering of Article 50, the impacts of Brexit on the construction industry (including concerns over labour

Negotiations and the conclusion of a contract
  • Ashfords LLP
  • United Kingdom
  • February 10 2017

The High Court has recently given judgment in a case where the parties failed to reach agreement on the terms of a commercial contract. C V Buchan

Post-termination calls on on-demand securities: Court of Appeal guidance
  • CMS Cameron McKenna
  • United Kingdom
  • January 31 2017

Earlier this month we reported on a Commercial Court decision enforcing the payment of demands made under Standby Letters of Credit after the

Can you claim costs in adjudication?
  • Clyde & Co LLP
  • United Kingdom
  • December 12 2016

In Lulu Construction Limited v Mullalley Co Limited 2016 EWHC 1852 (TCC),Lulu sought to enforce the unpaid portion of an adjudicator’s decision

Oil & Gas Shipping: Excluding ‘consequential loss’ can restrict ‘direct’ damages
  • CMS Cameron McKenna
  • United Kingdom
  • November 30 2016

The Commercial Court was recently asked to consider the correct construction of the phrase “consequential or special losses or expenses” in a clause

Indirect and consequential loss exclusions: a case for change?
  • CMS Cameron McKenna
  • United Kingdom
  • November 29 2016

A Commercial Court decision earlier this month has upheld a broad interpretation of a consequential loss exclusion in favour of the traditionally

General Counsel Update - November 2016
  • Herbert Smith Freehills LLP
  • Australia, European Union, Hong Kong, United Kingdom
  • November 24 2016

The outcome of the June 2016 Brexit referendum raised many significant questions of concern to business. We began our Brexit analysis 18 months before

M&A Weekly Update 11-17 November 2016
  • Macfarlanes LLP
  • United Kingdom
  • November 18 2016

In this issue we look at recent cases on letters of intent and cross-border mergers, as well as proposed changes to the PSC regime and shielding

Exclusion Clauses - Star Polaris v HHIC-Phil (High Court)
  • Clyde & Co LLP
  • United Kingdom
  • November 17 2016

This case is an appeal from an arbitrator's award which concerned the construction of a clause in a shipbuilding contract. Two points of general