The following Family Q&A provides comprehensive and up to date legal information covering:
The Precedent: Standard order 2.1—financial remedy order—omnibus derives from the suite of Precedent orders issued by the Financial Remedies Working Group (FRWG), led by Mr Justice Mostyn. Clause 61 of that Precedent replicates the wording of the order issued by the FRWG. For further background on the standard orders, see Practice Note: Standard orders—general principles.
It was noted by the FRWG that the Precedent: Standard order 2.1—financial remedy order—omnibus includes order clauses that historically have been dealt with by way of undertakings, and the explanation in the FRWG report dated 31 July 2014 (at para 84) is:
'A number of those responding to the consultation process queried whether, in relation to mortgage payments and other household outgoings, the court had power to direct one party t
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This Practice Note examines:•why negative pledge clauses are used in commercial transactions •the consequences of breaching negative pledge provisions•how negative pledges are viewed in the context of security and quasi-security, and•key considerations when drafting a negative pledge clauseWhere
What is QOCS?Qualified one-way costs shifting (QOCS) was introduced on 1 April 2013 as part of the Jackson costs reforms following the removal of a claimant’s right to recover additional liabilities from the defendant, ie success fees and after the event (ATE) insurance premiums. The relevant CPR
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
IntroductionShari'ah (also Sharia, Shariah or Shari’a) (literally, in Arabic, 'the path towards the watering place') or Islamic law is the legal system of the religion of Islam that sets out a system of duties or code of conduct for individuals to follow so that they may live their life in a
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