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Results: 1-10 of 2,054

Court of Appeal decision confirms stay may be granted despite forum non conveniens waiver clause but precise basis uncertain
  • Herbert Smith Freehills LLP
  • United Kingdom
  • May 4 2016

The Court of Appeal has upheld a decision of the Commercial Court refusing a stay of English proceedings where the contracts contained a


InCredit - 3 May 2016
  • Addleshaw Goddard LLP
  • European Union, United Kingdom
  • May 3 2016

This week saw the making of regulations to allow newly authorised consumer credit firms to continue using their Interim Permission number for a


Financial Services Update: Default Interest - Ireland Revisits the Test for Penalty Clauses
  • Mason Hayes & Curran
  • Ireland, United Kingdom
  • April 27 2016

In two recent connected cases the Irish High Court found that the charging of default interest at 4 amounted to a penalty and was therefore unlawful


HMRC v Trigg - To QCB or not to QCB?
  • Burges Salmon LLP
  • European Union, United Kingdom
  • April 27 2016

In HMRC v Trigg, the Upper Tribunal considered that the inclusion of clauses which operated if there were to be a change in currency in the UK or if


Contentious Commentary - April 2016
  • Clifford Chance LLP
  • Portugal, United Kingdom
  • April 11 2016

The ISDA Master Agreement applies to derivatives transactions in, generally, one of two ways. First, by the parties entering into a long-form


Corporate Trustees: how gross must negligence be?
  • Bryan Cave LLP
  • United Kingdom
  • April 6 2016

Surprisingly, the distinction between negligence and gross negligence in English contract and trust law is unclear. On one view, reflected in the


When is “Close of Business”?
  • McCann FitzGerald
  • United Kingdom
  • March 21 2016

"Close of business" is a stock expression often used in business documents on the assumption that it has an established meaning. But is its meaning


Barclays Bank Plc v Grant Thornton UK LLP
  • RPC
  • United Kingdom
  • March 15 2016

In this case the court dealt with the role of third party disclaimers (or Bannerman clauses) in audit reports. A Bannerman clause allows accountants


Contentious Commentary - March 2016
  • Clifford Chance LLP
  • United Kingdom
  • March 14 2016

Section 3 of the Unfair Contract Terms Act 1977 applies if one party deals on the other's standard written terms. Where it applies, section 3 allows


High Court considers ‘written standard terms of business’ defence and applicability of the Unfair Contract Terms Act 1977
  • Charles Russell Speechlys LLP
  • United Kingdom
  • March 9 2016

The High Court in this case had to consider whether the use of a Loan Market Association (LMA) standard-form based facility agreement was entered