The following TMT practice note provides comprehensive and up to date legal information covering:
This Practice Note summarises the key issues to consider when indicating prices and making price promises and other price claims in the UK, including price guarantees, lowest price claims and discount offers and how to avoid misleading price advertising. This Practice Note covers the relevant legislation including the Consumer Protection from Unfair Trading Regulations 2008, SI 2008/1277 and self-regulatory codes including the UK Code of Non-broadcast Advertising and Direct & Promotional Marketing in relation to price claims and price promises and the sanctions for non-compliance.
A misleading advertisement is an advertisement which deceives or is likely to deceive the persons to whom it is addressed or whom it reaches, and which is likely to affect their economic behaviour. An advertisement can be misleading for a number of reasons such as, for example, if it contains a false statement of fact, conceals or leaves out important facts or promises to do something which the advertiser has no intention of carrying out. Advertisements can be misleading for many reasons, but it is particularly easy to mislead when dealing with price claims and price promises.
The UK Code of Non-broadcast Advertising and Direct & Promotional Marketing. (CAP Code) is laid down by the Committee of Advertising Practice (CAP) and regulated by the Advertising Standards Authority (ASA), in respect of non-broadcast advertising—see
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This Practice Note provides an introduction to intercreditor agreements and their key provisions. This Practice Note:•explains the purpose of having an intercreditor agreement and when an intercreditor agreement would be used instead of a deed of priority or subordination deed•provides links to
Dividends involve a distribution of cash or a distribution of non-cash assets (known as a distribution in kind or a distribution in specie).A scrip dividend (in a tax context, sometimes referred to as a stock dividend) allows a shareholder to receive new shares in a company as an alternative to a
STOP PRESS: The Corporate Insolvency and Governance Act 2020 contains provisions which, on a temporary basis (presently until 31 December 2020) impose significant limitations on the ability for a creditor to seek a winding-up order against a company. For further reading, see Practice Note: Corporate
This practice note provides an introduction to tort law by addressing three questions:•what does the concept of being liable in tort mean? And how does tort relate to contract and criminal law•how has the law of tort developed?•what is the scope of tort, ie what interests does it protect? What
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