The following Restructuring & Insolvency practice note provides comprehensive and up to date legal information covering:
This Practice Note is maintained only to cover the position in the immediate aftermath of the Brexit vote on 23 June 2016, and is for historic purposes only. It will not be updated in respect of any new case law or legislative developments. See documents under the Brexit toolkit for the current position.
On 23 June 2016, the UK voted to leave the European Union (EU) by 52% to 48%, with a turnout of 72%, sending shock waves across the markets and economies worldwide (see LNB News 24/06/2016 1 and News Analysis: EU Referendum 2016—After the Vote).
While it will take some time before the full implications can be fully understood, we look at some of the likely issues for R&I lawyers and professionals. The EU regulations will continue to apply to the UK despite the result of the referendum until the point at which the UK has formally withdrawn from the EU by giving notice, unless preserved after exit by the terms of the Great Repeal Bill (compared to UK legislation implementing EU Directives, which continues to apply unless and until repealed).
Our interactive Brexit toolkit brings together relevant content on the various legal requirements and implications of Brexit and includes links to Practice Notes, Checklists and Q&As as well as News Analysis and Legal Updates across a range of legal topics.
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Private nuisancePrivate nuisance is an unlawful interference with a person's use or enjoyment of land or some right over or in connection with it. Interference must be unreasonable, and may be caused, eg by water, smoke, smell, fumes, gas, noise, heat or vibrations. Where the defendant has not
When is quantum meruit and quantum valebat relevant?Claims in quantum meruit (value of services) and quantum valebat (value of goods) arise in diverse situations ranging from where contractual terms are silent on issues of payment to where there is no contract at all (Serck v Drake & Scull).General
The Financial Conduct Authority Handbook (FCA Handbook) includes sourcebooks to regulate the conduct of business by a regulated firm relevant to insurers: the Conduct of Business Sourcebook (COBS) and the Insurance Conduct of Business Sourcebook (ICOBS). This Practice Note considers how these
Codicils may be used for making any alteration in a Will such as to alter the executors or make changes in legacies, whether by addition or deletion but that is by no means their only use. As a general rule, substantial changes are best achieved by means of a new Will and codicils are more
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