Commercial news update – June 2018: Variation of contracts, GDPR updates, pay freeze and mishandling whistleblower reports

Commercial news update – June 2018: Variation of contracts, GDPR updates, pay freeze and mishandling whistleblower reports

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This month we provide updates across corporate & commercial, data security, employment, and bribery and corruption.

We focus on the commercial aspects and look at the practical steps for you to consider.

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This month, we cover the following:

Corporate & Commercial—tune in from 0:12 secs

Variation to contracts - The Supreme Court decided that an oral variation of a licence agreement, which contained a clause requiring all variations to be in writing, was invalid.

Merger Control - The Competition and Markets Authority (CMA) may intervene in any merger if the turnover of the target exceeds £70m (‘Turnover Test’) or if the combined market share is or exceeds 25% (‘Share Supply Test’).

Termination clauses and limits of liability - A recent court decision for contract termination clauses and limits to liability found that where the defaulting party has a right to not proceed with the contract, it will limit the innocent party’s claim.

Directors prosecuted for health and safety breaches - A company, Skip-It Containers Ltd and its

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About the author:
Iain founded Radius Law in September 2013 which has been designed to meet the exacting standards that Iain had of his law firms during his time as an in-house counsel.

 

Iain’s in-house career spans 14 years with the 7 years from 2006 to 2013 being the General Counsel and Chief Compliance officer for the Mercedes-Benz UK Group. In this role he led a team of 18 staff.
Iain has previously been recognised in the Financial Times Innovative Lawyers report as a thought leader in legal management. He has spoken regularly and had published articles particularly on how to measure legal value.

Aside from legal management, Iain has significant expertise in regulatory work, particularly competition law and anti-bribery. Iain has led the implementation of large scale compliance programmes and also managed regulatory investigations.

Outside of the day job Iain has a passion for community projects and has been a non-executive director of a housing association and also established a debt advice centre. This social conscious approach continues in Radius Law with a bold commitment to pay 10% of profits to charity.