The following Commercial news provides comprehensive and up to date legal information on Where there's no waiver, there's no way (Barclays Bank plc v VEB.RF)
An introduction to take-or-pay clauses in energy contractsThis Practice Note introduces take-or-pay clauses in the energy sector and considers some of...
Power purchase agreements (PPAs)—key terms and issuesWhat is a power purchase agreement?A power purchase agreement (PPA) is a contract between an...
Key stakeholders in midstream & downstream activities of the Oil & Gas industryAlthough differences persist among regional markets, this...
The Offshore Transmission Owner (OFTO) regimeWhat are OFTOs?Offshore Transmission Owners (OFTOs) are the owners of offshore transmission assets which...
Gas peaking projects—what are they and what key subsidy/support regimes are available to them?Author: James Todd. With thanks to David Cruickshank and Jamie DunneIntroductionThe purpose of this Practice Note is to:•introduce the ‘gas peaking’ projects becoming increasingly prevalent in the Great
Capacity Agreements and the rights and obligations of those who win Capacity Market supportThe Capacity MarketThe Capacity Market (CM) is one aspect of the government’s Electricity Market Reform (EMR) programme. It is a legislative mechanism which aims to encourage the provision of reliable
Scotland—the process for applying for sequestrationSequestration in Scotland is the legal process by which an insolvent debtor’s estate is gathered in, realised and then distributed among their creditors by a trustee appointed for that purpose. The process requires that a formal award of
Micklefield clausesWhat is a Micklefield clause?It is common for employee share plans to provide that, on termination of employment (or when an employee is given or receives notice of termination of employment), subsisting share awards will be forfeited and subsisting share options will lapse.It is
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