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...
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
If planning permission imposes restrictions on a licensed premises opening hours, once operational can the personal licence holder apply for a Temporary Events Notice (TEN) to open for longer hours than those permitted in the planning permission?To use any property for a licensable activity both
Early leavers—preservationFORTHCOMING DEVELOPMENT: Section 10 of the Finance Act 2022 will increase the normal minimum pension age (NMPA) from 55 to 57 on 6 April 2028 (save for members of the firefighters, police and armed forces public service pension schemes).The Finance Act 2022 will also give
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
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