The Coal Authority1 has the power to grant a licence2. However, where provision is made by any restructuring scheme3 for any interest4 or rights in or in relation to any coal5 or coal mine6 to be created in any person's favour or to be transferred to any person, and that person requires the interest or rights to enable him to continue, resume or begin the carrying on7 of any coal-mining operations8, the Coal Industry Act 1994 has effect as if the Secretary of State9, as well as the Authority, was entitled, at any time before the coming into force
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Codicils may be used for making any alteration in a Will such as to alter the executors or make changes in legacies, whether by addition or deletion but that is by no means their only use. As a general rule, substantial changes are best achieved by means of a new Will and codicils are more
This Practice Note discusses Term Loan B (TLB) facilities which frequently appear as a tranche of senior facilities in syndicated loans in leveraged financings. TLBs are an established feature in the US market and increasingly used in the European lending market for institutional investors.This
What is a res judicata?A res judicata is a decision given by a judge or tribunal with jurisdiction over the cause of action and the parties, which disposes, with finality, of a matter decided so that it cannot be re-litigated by those bound by the judgment, except on appeal.Final judgments by
On 29 August 2015, the Prudential Regulation Authority (PRA) published the PRA Rulebook (Rulebook). The transition from the Handbook to the Rulebook was intended to benefit PRA-authorised firms, to access clearer and more concise rules. Alongside the Rulebook, supervisory statements and statements
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