Effectively navigating the complexities of supplier relationships is critical for commercial success. Our practical guidance covers key aspects including drafting robust agreements, ensuring compliance, managing disputes, and optimising performance. Stay ahead with insights and strategies designed to mitigate risks and enhance collaboration.
This week's edition of Commercial weekly highlights includes: a High Court decision in Moelis & Company UK, DIFC Branch v Emirates Petroleum Company...
The Department for Business, Innovation, Science and Trade (BIST) has updated its guidance for businesses on the Package Travel and Linked Travel...
One complaint was received by the Advertising Standards Authority (ASA) concerning whether a paid-for search advertisement for Optival Ltd t/a...
The Competition and Markets Authority (CMA) has published responses to its consultation on updated proposals for a user choice conduct requirement for...
Fiduciary DutiesWho is a fiduciary?There is no comprehensive list of the relationships which give rise to the existence of fiduciary duties under...
RepudiationThis Practice Note concerns repudiation and sets out what a repudiatory breach of contract means. It explains how a repudiatory breach goes...
If a contract’s actual date and effective date are different, is the effective date enforceable?For the purposes of this Q&A we have assumed this is...
Agent and principal relationships with third partiesThis Practice Note deals with the relationships arising between principals, agents and third...
Priority between loss reliefs in loss making companiesWhy does it matter?A company that is a member of a group and has incurred any of the types of losses available for surrender by way of group relief may, without any further rules, have more than one way in which to use the loss. There are a
Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid
If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit
Glossary—Latin legal termsDespite attempts in recent years to simplify the language used in legal cases, there are still a number of Latin phrases commonly used in personal injury claims. The following Latin phrases are listed in alphabetical order:Latin termDefinitionMeaningActa iure imperiiLegal
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