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Results: 1-10 of 102

Landmark UK Supreme Court ruling on default clauses and damages: Bunge SA v Nidera BV
  • Reed Smith LLP
  • United Kingdom
  • July 1 2015

The decision has been long awaited. In its landmark unanimous ruling handed down on 1 July 2015, The Supreme Court laid down clear guidance on the


Illegality, insolvency and fraudulent directors: clarity at last?
  • Reed Smith LLP
  • United Kingdom
  • May 11 2015

The Supreme Court recently handed down its judgment in Jetivia SA and another v Bilta (UK) Ltd (in liquidation) and others 2015 UKSC 23. The Court


Jail for UK directors and corporate sentencing to come
  • Reed Smith LLP
  • United Kingdom
  • February 13 2015

The prosecution of Smith and Ouzman Ltd. for bribery is winding to a close, with the sentencing of two directors of the company for corruption. See


Termination for convenience clauses revisited. Can they limit potential claims?
  • Reed Smith LLP
  • United Kingdom
  • August 29 2014

Most recently, in Comau UK Limited v Lotus Lightweight Structures Limited (unreported) 27 June 2014, Mr. Robin Knowles CBE QC, sitting as Deputy


Extension clauses in FOB contracts
  • Reed Smith LLP
  • United Kingdom
  • August 11 2014

The High Court has recently considered the purpose and effect of the GAFTA FOB contract "Extension of Delivery" clause, which entitles a buyer to


English law and London arbitration clause not sufficient to allow application of late payment of Commercial Debt (Interest) Act 1998 to charterparties
  • Reed Smith LLP
  • United Kingdom
  • June 18 2014

In a robust judgment of 12 June 2014 in Martrade Shipping & Transport GmbH v. United Enterprises Corporation 2014 EWHC 1884 (Comm), the Commercial


Termination for convenience - an unfettered right. Discuss.
  • Reed Smith LLP
  • United Kingdom
  • July 30 2013

In addition to a party’s right to bring a contract to an end at common law, most engineering and construction contracts contain provisions allowing


Taking notice of 'notice clauses' in international trade contracts - the importance of getting it right
  • Reed Smith LLP
  • United Kingdom
  • February 5 2012

The recent case of PEC Ltd v Thai Maparn Trading Co Ltd 2011 EWHC 3306 (Comm) considered the effectiveness of notices presented with the intention of extending the delivery period under an FOB contract


High Court rules that a side letter was not enforceable as a legally binding contract, rather it was an agreement to agree
  • Reed Smith LLP
  • United Kingdom
  • August 17 2011

The Claimant had been a shareholder of a cable television and internet company (the “Company”), which was acquired by the First Defendant


Court of Appeal allows a party to rely on an argument on appeal which was pleaded, but not relied on, at first instance
  • Reed Smith LLP
  • United Kingdom
  • August 17 2011

The Appellant and Respondent had entered in to a contract for the sale of goods