The Compliance Officer1 may conduct an investigation under the Parliamentary Standards Act 2009 if he has reason to believe that a member of the House of Commons may have been paid an amount under the MPs' allowances scheme that should not have been allowed2. The investigation may be conducted on the Compliance Officer's own initiative, at the request of the Independent Parliamentary Standards Authority ('IPSA')3, at the request of the member, or in response to a complaint by an individual4. For the purposes of the investigation the member and the IPSA must provide the Compliance Officer with any information
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Produced with input from Rebecca Cousin of Slaughter and May on market practice.This Practice Note summarises the rules and guidance in relation to parties who are, or may be presumed to be, acting in concert for the purposes of The City Code on Takeovers and Mergers (the Code). In particular the
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
Disposal and devolutionThe equity of redemption arises as soon as the mortgage is made. It is an interest in the land which the mortgagor can:•transfer, lease or mortgage inter vivos, or•by will (it passes on intestacy)No cloggingIt is a fundamental principle of a mortgage that there must be no clog
Express and implied contractual terms distinguishedContractual terms may be either express or implied:•express terms—are terms which are actually recorded in a written contract or openly expressed in an oral contract at the time the contract is made (or there may be a combination of written and oral
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