Ukraine’s reconstruction efforts present myriad opportunities for foreign businesses particularly in the energy, construction and tech sectors. At the same time, it is imperative for foreign businesses to approach these...more
Takeaways - Sanctions operate prospectively and do not affect payment obligations to a non-sanctioned party accruing before sanctions became effective....more
In a long-awaited decision which overturned the Court of Appeal’s ruling in the Triple Point Technology vs PTT Public Company case, the UK Supreme Court confirmed the general law of LDs, which is that—absent clear words to...more
Can an employer recover liquidated damages (LDs) from a contractor if the contract terminates before the contractor completes the work?
Surprisingly, heretofore, English law provided no clear answer to this seemingly...more
The English Court of Appeal considers whether the use of model form agreements could constitute dealing “on written standard terms of business”
The decision will give comfort to lenders who use precedents or model form...more
10/27/2017
/ Appeals ,
Borrowers ,
Breach of Contract ,
Contract Amendments ,
Contract Drafting ,
Contract Negotiations ,
Contract Terms ,
Lenders ,
Loan Market Association ,
UK Consumer Rights Act ,
Unfair Contract Terms