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A century on: the Supreme Court restates the law on penalties and liquidated damages
  • Eversheds LLP
  • United Kingdom
  • November 5 2015

When we think about a breach of contract and a remedy for that breach of contract, as often as not, we are thinking about damages - a monetary sum

Liquidated damages clauses and penalties a watered down principle?
  • Eversheds LLP
  • United Kingdom
  • November 5 2015

Pre-determining loss and damage for certain breach events is common place in many contracts and avoids the need for the innocent party to (i) prove

Drag along rights: how far can you go?
  • Walker Morris LLP
  • United Kingdom
  • September 24 2015

A drag along clause is a provision, contained in a company's articles of association, conferring on the majority shareholders the right to accept an

Special limited partnerships (SLPs) introduced in Luxembourg
  • Wildgen Partners in Law
  • Luxembourg, United Kingdom
  • May 17 2013

The Luxembourg limited partnership regime is being modernised to become more attractive for private equity, venture capital and real estate

Joint ventures: when could you owe more than just contractual duties to the other member(s) of the venture?
  • Eversheds LLP
  • United Kingdom
  • October 30 2015

Under English law, the nature of their relationship in operating the joint venture can impose additional obligations beyond those in a joint venture

Meaning of “consent not to be unreasonably withheld” in a commercial contract
  • Dorsey & Whitney LLP
  • United Kingdom
  • February 23 2012

The High Court considered the meaning of the frequently used contractual term that "consent not be unreasonably withheld" in the context of a Share Purchase Agreement

LSE consults on changes to AIM rules
  • Hogan Lovells
  • United Kingdom
  • November 9 2015

The London Stock Exchange (LSE) is consulting on proposed changes to the AIM Rules for Companies (AIM Notice 42). The changes concern the admission

Are problems associated with UK limited partnerships about to be solved? The new private fund limited partnership
  • Herbert Smith Freehills LLP
  • United Kingdom
  • August 19 2015

UK limited partnerships are commonly used as real estate investment vehicles but can be a challenge to operate. The Treasury has just published a

Small Business, Enterprise and Employment Act: updated outline of provisional implementation timetable - August 2015
  • Addleshaw Goddard LLP
  • United Kingdom
  • August 31 2015

The Small Business, Enterprise and Employment Act 2015 (the Act) received Royal Assent on 26 March 2015. Whilst the implementation of Parts 7 and 8

Exclusivity, break fees and financial assistance: how an unenforceable agreement came 'back from the dead'
  • Wragge Lawrence Graham & Co LLP
  • United Kingdom
  • March 6 2012

In Paros PLC v Worldlink Group PLC a dispute arose in relation to a proposed business acquisition