The following Commercial Q&A provides comprehensive and up to date legal information covering:
The Commercial Agents Regulations (Commercial Agents (Council Directive)) Regulations 1993, SI 1993/3053 apply only to the relationship between the principal and the commercial agent. They do not apply to the agent's external authority or to relationships with third parties under transactions the agent negotiates or concludes. It is therefore necessary to establish whether a party is in fact a commercial agent. In this regard, see Practice Note: Commercial agency, specifically the section entitled Commercial agency—Definition of commercial agent.
A commercial agent is a self-employed intermediary who has continuing authority to:
negotiate the sale or purchase of goods o
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This Practice Note considers the nature and scope of arbitration agreements with a particular focus on arbitration agreements pursuant to the law of England and Wales, although it also discusses the concept from an international perspective and includes some comparative examples from other
There may be times when, rather than assigning the benefit of an agreement to a third party, the original parties wish instead to end their obligations to each other under that agreement and, in effect, recreate it, with the third party stepping into the shoes of one of the original parties. This is
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Disposal and devolutionThe equity of redemption arises as soon as the mortgage is made. It is an interest in the land which the mortgagor can:•transfer, lease or mortgage inter vivos, or•by will (it passes on intestacy)No cloggingIt is a fundamental principle of a mortgage that there must be no clog
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