The following Environment practice note produced in partnership with Ardea International provides comprehensive and up to date legal information covering:
Human rights due diligence is not currently a legal requirement in the UK but is accepted good industry practice driven by the UN Guiding Principles on Business and Human Rights (UNGPs). The practical reality is that it is becoming increasingly possible for companies and their directors to become liable for overlooking their human rights due diligence duties. Aspects of the responsibility to respect human rights may be compelled by national law, for example through health and safety and non discrimination or environmental laws. It is also increasingly recognised that it is good business practice to manage potential human rights risks associated with the company’s activities, in the same way that companies manage risks such as environmental damage or bribery.
There are, however, discussions in Europe to make human rights due diligence mandatory. The Swiss Coalition for Corporate Justice has launched an initiative called the Responsible Business Initiative to enshrine human rights and environmental due diligence into Swiss law.
The initiative seeks to introduce mandatory due diligence for human rights and environmental activities so that companies will be legally obliged to undertake mandatory due diligence.
The French National assembly has endorsed a law requiring large French multinationals to put in place a due diligence plan to prevent human rights harm and harm to the environment. On 23 March 2017, the
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This Practice Note considers the different categories of contractual damages that may be available for financial loss (pecuniary loss), ie expectation-based damages, reliance-based damages and gains-based damages.For guidance on contractual damages generally, see Practice Note: Contractual
On 29 August 2015, the Prudential Regulation Authority (PRA) published the PRA Rulebook (Rulebook). The transition from the Handbook to the Rulebook was intended to benefit PRA-authorised firms, to access clearer and more concise rules. Alongside the Rulebook, supervisory statements and statements
What is a res judicata?A res judicata is a decision given by a judge or tribunal with jurisdiction over the cause of action and the parties, which disposes, with finality, of a matter decided so that it cannot be re-litigated by those bound by the judgment, except on appeal.Final judgments by
The Standard Conditions of Sale (SCS), currently in their 5th edition (2018 revision), are a set of standard conditions which are commonly incorporated into contracts for the sale of residential property. The Standard Commercial Property Conditions (Third Edition—2018 Revision) (SCPC) are used for
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