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Herbert Smith Freehills LLP | United Kingdom | 15 Jul 2010

Raiffeisen Zentralbank Osterreich AG v RBS plc 2010 EWHC 1392 (Comm)

Mr Justice Clarke's recent decision in the Commercial Court is a further illustration of the court's reluctance to find implied representations or to go behind the terms of market standard banking documentation in circumstances where a sophisticated party has entered into an investment which has performed poorly and seeks redress from the bank which introduced it to the investment.


Herbert Smith Freehills LLP | United Kingdom | 2 Mar 2010

Framework to give businesses greater certainty on tax policy

HM Treasury has recently released a document aimed at large businesses detailing how it intends to develop tax policy to provide greater certainty and clarity.


Herbert Smith Freehills LLP | United Kingdom | 8 Oct 2009

Proposal to change LLP SORP

The Consultative Committee of Accountancy Bodies has issued a proposal to amend the Statement of Recommended Practice ("SORP") for LLPs.

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