The UK has finalised a new International Data Transfer Agreement to be used for transfers of personal data abroad. Simultaneously, an addendum to the EU Standard Contractual Clauses, currently used fo...
Changes to UK’s insolvency regime in the wake of Covid could spell trouble for suppliers
Within weeks of the 1st Covid-19 lockdown, Parliament enacted several changes to the UK insolvency regime over concerns of possible disruptions to the economy. According to George Marques, Head of Cor...
Be sure to alert Customers to Onerous Terms and Conditions
Businesses may well be aware of the requirement to alert consumers to particularly onerous clauses in standard terms and conditions. We have been reminded recently that this is still very much the cas...
Reasonable vs Best Endeavours?
Corporate and commercial contracts often contain references to ‘best endeavours’ and ‘reasonable endeavours’. Have you ever considered the meaning of these words? In this note we take a look a...
Rule against Penalties
Under the common law, there is a rule against penalties in contracts and such clauses are unenforceable. The rule is based on public policy – a party should not be penalized for a breach of contract...
Terminating your Contract
Businesses will need to terminate their contracts from time to time for various reasons. It is very important that you get the termination right to avoid problems. For example, if the court disagrees ...
COVID-19 – Force Majeure and Frustration – Relief from Contractual Commitments
The outbreak of the Coronavirus (Covid 19) pandemic in China in December 2019 has caused significant disruption at an unprecedented scale to business worldwide and businesses should carefully review t...
Coronavirus Crisis: Business Risks and Director Duties
As the the coronavirus crisis continues unabated in the UK and around the globe, primarily directors and to some extent other stakeholders, must remain vigilant and identify, manage and mitigate any...
New EU Online Dispute Resolution platform
From 15 February 2016, the EU Online Dispute Resolution (“ODR”) platform will come into operation for businesses and consumers. It is intended to allow consumers and traders to settle online dispu...
Case Update: Document validly executed when signing director left office between signature and completion
The High Court has found that a company debenture, signed by its sole director and the company secretary but not completed for three months by which time the director had left office, was validly comp...
