The following Commercial practice note provides comprehensive and up to date legal information covering:
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 implementation period, during which it continues to be subject to EU law. This has an impact on this Practice Note. For further guidance, see Brexit Bulletin—key updates, research tips and resources and Brexit toolkit.
This Practice Note provides an introduction to the business to business (B2B) e-commerce sector and covers:
the meaning of ‘e-commerce’
the role of the sector
the commercial models employed, including:
electronic data interchange (EDI)
blockchain and smart contracts
mobile e-commerce (m-commerce)
holding stock and drop shipping
the advantages and risks of e-commerce
emerging trends and technologies
This Practice Note does not consider business to consumer (B2C) arrangements—for guidance on which see: Business to consumer e-commerce—summary of issues to consider. Consideration of sector specific laws or regulations, including those applicable to financial services or the public sector, is also beyond the scope of this Practice Note.
For guidance on key legal issues which arise in the context of B2B e-commerce, see Practice Note: Business to business e-commerce—legal issues.
There is no universally accepted definition of electronic commerce (or e-commerce). The
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This Practice Note is an archive of news from the Loan Market Association (LMA) on LMA documentation and related topics. It covers LMA updates from early 2013 to January 2016. For the latest LMA developments since January 2016, see Practice Note: Loan Market Association (LMA)—latest news on
Brexit: The UK's departure from the EU on exit day ie Friday 31 January 2020 has implications for practitioners dealing with provisions in the CPR relevant to cross border matters, including CPR 5.4C (discussed below). For guidance on the impact of Brexit on the CPR, see Cross border
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