A person who unknowingly acquires a product or building which is defective may suffer loss in repairing or replacing it when the defect is discovered. For a period it was considered that where the defect was dangerous, the repair or replacement loss should be treated as equivalent to physical damage on the ground that it was necessary to avoid the possibility of damage being caused by the defect1. Hence a defendant responsible for such a defect might be held liable on the basis of foreseeability and proximity alone2. However, this treatment of dangerous defects as being equivalent to physical
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The roles of nominated officer and money laundering reporting officerA nominated officer is an individual who is nominated by a firm to receive disclosures under Part 7 of the Proceeds of Crime Act 2002 (POCA 2002) or Part III of the Terrorism Act 2000 (TA 2000)—see Requirement to appoint a
BREXIT: As of exit day (31 January 2020), the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has entered an implementation period, during which it continues to be subject to EU law. This has an impact on this Practice Note. For further guidance on
This Practice Note provides guidance on the interpretation and application of the relevant provisions of the CPR. Depending on the court in which your matter is proceeding, you may also need to be mindful of additional provisions—see further below.You should also consider if the proceedings will be
This Practice Note provides a high-level introduction to diversity and inclusion (D&I) and key reasons why it is important to law firms. Specific aspects of D&I are covered in more detail in Practice Notes:•The growing focus on diversity and inclusion (D&I) in law firms•Unconscious bias—law
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