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Results: 1-10 of 170

Is Brexit “materially adverse” to you? Perhaps, if it triggers an ‘event of default’ under your agreement(s).
  • Reed Smith LLP
  • European Union, United Kingdom
  • July 6 2016

While the impact of the EU referendum decision on outstanding financing transactions is still to be determined, both lenders and borrowers may be


Contracting out of waiver? Court of Appeal provides guidance on ‘no variation’ and ‘anti-oral’ variation clauses
  • Reed Smith LLP
  • United Kingdom
  • July 6 2016

This Alert looks at the effectiveness of what are commonly termed "no variation" or "anti-oral variation" clauses (i.e. clauses which purport to


Mobilising competition class actions in the UK
  • Reed Smith LLP
  • United Kingdom
  • July 1 2016

On 25 May 2016, the National Pensioners Convention (NPC) issued formal proceedings at the Competition Appeals Tribunal (CAT) in London against Pride


Commodities contracts and the impact of the OW Bunkers case
  • Reed Smith LLP
  • United Kingdom
  • June 2 2016

As we reported in an earlier Client Alert, the UK Supreme Court recently handed down its highly anticipated judgment in the Res Cogitans case. The


Res Cogitans - A Class of Its Own - Bunker Supply Contracts, Retention of Title Clauses, The Sale Of Goods Act 1979 and One Highly Publicised Insolvency Combine to Give Vessel Owners a Global Headache
  • Reed Smith LLP
  • United Kingdom
  • May 12 2016

The Supreme Court’s ruling in this already notorious case may have a significant impact on the bunker supply industry and be somewhat unsettling for


Contractual amendments - “only in writing and signed by the parties”
  • Reed Smith LLP
  • United Kingdom
  • May 10 2016

We often see contracts containing wording along the lines of: "This Agreement may not be amended, except by the mutual written agreement of the


Long-term supply (and off-take) agreements: some recent themes
  • Reed Smith LLP
  • United Kingdom
  • April 29 2016

The long-term supply (or off-take) agreement (“LTSA”) should not have too many ‘open ended’ provisions that require further agreements between the


Shipbuilding Contracts - Limitation Periods and Sale of Goods Act
  • Reed Smith LLP
  • United Kingdom
  • April 26 2016

In Neon Shipping Inc. v. Foreign Economic 7 Technical Corporation Co. of China and another 2016 EWHC 399 (Comm) the Commercial Court dealt with an


Ralls Builders Limited - clarification on directors' liability for wrongful trading
  • Reed Smith LLP
  • United Kingdom
  • March 2 2016

In February 2016, Mr Justice Snowden handed down his judgment in the High Court proceedings concerning Ralls Builders Limited (in liquidation) 2016


A Guide to Endeavours Clauses
  • Reed Smith LLP
  • United Kingdom
  • January 15 2016

A frequent negotiating point in commercial contracts is the weight of an obligation. Lawyers often try to minimise the rigor of the