Administration is a procedure designed to give an entity breathing space, with a view to either a rescue or a restructure or to allow for a better outcome for all...
Affirmation is an indication of the intention to continue with a contract. Affirmation may arise in the case of: • a repudiatory breach of contract, or • a...
Dear [name of lawyers acting for other party], [insert name of agreement]: [insert client name] and [insert counter-party name] 1 [As you are aware, we OR We] act for...
Dear [name of lawyers acting for other party], [insert name of agreement]: [insert client name] and [insert counter-party name] 1 [As you are aware, we OR We] act for...
Dear [name of lawyers acting for other party], [insert name of agreement]: [insert client name] and [insert counter-party name] 1 [As you are aware, we OR We act] for...
Dear [name of lawyers acting for other party], [insert name of agreement]: [insert client name] and [insert counter-party name] 1 [As you are aware, we OR We act] for...
Dear [name of lawyers acting for other party], [insert name of agreement]: [insert client name] and [insert counter-party name] 1 [As you are aware, we OR We] act for...
Dear [name of lawyers acting for other party], [insert name of agreement]: [insert client name] and [insert counter-party name] 1 [As you are aware, we OR We] act for...
On 6 April 2017 the Insolvency (England and Wales) Rules 2016 (IR 2016), SI 2016/1024 replaced the Insolvency Rules 1986 (IR 1986), SI 1986/1925. For a summary of the...
On 6 April 2017 the Insolvency (England and Wales) Rules 2016 (IR 2016), SI 2016/1024 replaced the Insolvency Rules 1986 (IR 1986), SI 1986/1925. For a summary of the...
On 6 April 2017 the Insolvency (England and Wales) Rules 2016 (IR 2016), SI 2016/1024 replaced the Insolvency Rules 1986 (IR 1986), SI 1986/1925. For a summary of the...
DRAFTING FOR BREXIT: For the latest information on the impact of Brexit on the drafting, negotiation and enforceability of this Precedent, see Practice Notes:...
DRAFTING FOR BREXIT: For the latest information on the impact of Brexit on the drafting, negotiation and enforceability of this Precedent, see Practice Notes:...
Force majeure—meaning and nature The key features of force majeure are: • a 'force majeure clause' applies to a contractual term providing for one (or both) parties to be...
A contract may be frustrated if an unforeseen event occurs after the contract is formed and: • as a result of that event: ◦ the contract becomes impossible to perform...
This Practice Note provides guidance on how to draft a notice of breach of contract and sets out the methodology behind the drafting of our bespoke notice of breach...
This Practice Note provides guidance on how to draft a termination notice and an accompanying without prejudice offer letter to settle any claim arising out of the...
A contract may be wholly discharged by agreement as follows: • where one party releases the other from its obligations by deed (release) • the parties agree to compromise...
Definition—Force Majeure (short form) Force Majeure means an event or sequence of events beyond a party's reasonable control preventing or delaying it from performing its...
Introduction As commercial lawyers, we are used to being instructed to advise in connection with the formation of a commercial relationship. Even if, like family lawyers...
This Practice Note considers the legal concept of mistake in contract law. It examines common mistake, mutual mistake, unilateral mistake, mistake as to identity and...
The appointment of a receiver is a remedy for creditors and certain third parties to protect their interest in assets of a company. The creditor will typically be a...
This Practice Note concerns repudiation and sets out what a repudiatory breach of contract means. It explains how a repudiatory breach goes to the core of the contract...
What is rescission of a contract? The remedy of rescission is available to a party whose consent, in entering into a contract, has been invalidated in some way: • the...
This Practice Note provides an overview of contract expiry and of the different causes of termination and ways to discharge a contract, including their practical and...
1 Termination 1.1 This Agreement may be terminated by either party giving a minimum of [enter number] months’ notice in writing to the other party, such notice not to...
The termination of a contract by reason of one party’s breach of contract arises as follows: • one party to the contract is in breach of contract • the relevant breach is...
[name of party], [insert name of agreement]: [insert client name] and [insert counter-party name] 1 We refer to our letter dated [insert date] (breach notice) regarding...
[Sir OR Madam], [insert name of agreement]: [insert client name] and [insert counter-party name] 1 We refer to our letter dated [insert date] (breach notice) regarding...
[name of party], [insert name of agreement]: [insert client name] and [insert counter-party name] 1 [As you are aware, we OR We act] for [insert client name] (our...