Supplier management

Supplier management guidance:

This Practice Note deals with agents and other intermediaries in relation to anti-bribery and corruption. It covers what is an agent or intermediary, how it could put a...

Practice Note

Almost every business and everyone involved in the carrying on of a trade engages in some form of hospitality with existing or potential business partners. Gifts and...

Practice Note

1 Anti-bribery—short form—pro-customer Bribery Laws means the Bribery Act 2010 [and associated guidance published by the Secretary of State for Justice under the Bribery...

Precedents

1 Anti-tax evasion facilitation 1.1 For the purposes of this clause 1: 1.1.1 the expressions ‘Associated With’, ‘Prevention Procedures’, ‘UK Tax Evasion Offence’ and...

Precedents

This Agreement is made on [date] Parties 1 [insert name of Customer], [a company incorporated in [England and Wales] under number [insert registered number] whose...

Precedents

This Agreement is made on [date] Parties 1 [insert name of Customer], [a company incorporated in [England and Wales] under number [insert registered number] whose...

Precedents

Corporate criminal liability for bribery—section 7 of the Bribery Act 2010 This offence can only be committed by relevant commercial organisations (RCOs), not...

Practice Note

Definitions Business Continuity Event means an event (whether a natural or man-made phenomenon or occurrence), which interrupts the normal business activities, including...

Precedents

Click here to download the latest Anti-Corruption Regulation 2019 report, published by Getting the Deal Through. Jurisdictions covered The following jurisdictions are...

Practice Note

Click here to download the latest Anti-Money Laundering 2019 report, published by Getting the Deal Through. Jurisdictions covered The following jurisdictions are covered...

Practice Note

How a company manages its debtors can be the difference between whether a business survives or fails. Many businesses, particularly those who rely on a few large...

Practice Note

Spotting the warning signs General trade creditors are usually the last to know if a company is struggling as it not always easy to evaluate whether the finance...

Practice Note

This Practice Note explains the decline curve of a business and gives guidance to commercial practitioners on how to get the information necessary to assess how serious a...

Practice Note

This Practice Note outlines the considerations for a creditor which has been trading with a business partner which owes it money or is in financial distress or...

Practice Note

1 Definitions Modern Slavery Policy means the Customer's anti-slavery and human trafficking policy as set out in Schedule [insert] as updated by the Customer and notified...

Precedents

Offset arrangements arise where an additional investment, payment or other industrial, commercial or economic benefit is offered or required as part of an organisation’s...

Practice Note

Using standard terms and conditions Businesses use standard terms and conditions (T&Cs) for many reasons, eg: • speed • consistency • cost, and • allocation of risk Many...

Practice Note

Purpose of review A review of existing commercial contracts at whatever point in the economic cycle is beneficial for the purpose of both extracting the maximum value...

Practice Note

The Modern Slavery Act 2015 (MSA 2015) received Royal Assent on 26 March 2015. Section 54 requires some organisations to produce and publish an annual slavery and human...

Practice Note

DRAFTING FOR BREXIT: For the latest information on the impact of Brexit on the drafting, negotiation and enforceability of this Precedent, see Practice Notes:...

Precedents

The public increasingly hold organisations responsible for the impact of their suppliers' practices on the environment and local communities. Forward thinking and...

Practice Note

Brexit: On 31 January 2020, the UK ceased to be an EU Member State and entered an implementation period, during which it continues to be subject to EU law. During this...

Practice Note

Brexit impact 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...

Practice Note

The Bribery Act 2010 (BA 2010) was passed to ensure the UK’s compliance with the Organisation for Economic Co-operation and Development's (OECD) Convention on Combating...

Practice Note

Brexit: As of exit day (11pm on 31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has entered an...

Practice Note

This Practice Note reviews the options available to a business to recover an unpaid trade debt. These options include writing-off the debt, negotiating a settlement,...

Practice Note

Background to the Foreign Corrupt Practices Act The US Foreign Corrupt Practices Act (FCPA) is a broad and very well-enforced piece of legislation that has been well...

Practice Note

This practice note is a guide to the commercial practitioner about what to look for in a company’s accounts when assessing its financial position, and the warning signs...

Practice Note

Background This Practice Note gives some guidance on trading with a company that is in a formal insolvency process, such as administration or liquidation of a company...

Practice Note