The following Commercial practice note Produced in partnership with Athena Markides 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.
The law relating to the supply of services is set out in various statutes and contained within the common law. This is a very broad topic and this Practice Note is intended to give an overview of the following:
certain key legislation in this area
the principles relating to incorporation of standard terms, and
common provisions in supply of services contracts
For information on contracts for the sale and supply of goods, see Practice Note: Sale and supply of goods contracts.
There are key statutes to bear in mind when drafting, negotiating or litigating in relation to a contract for the supply of services; they include:
the Supply of Goods and Services Act 1982 (SGSA 1982)
the Consumer Rights Act 2015 (CRA 2015)
the Provision of Services Regulations 2009 (PSR 2009), SI 2009/2999
the Equality Act 2010 (EqA 2010) (see Practice Note: Equality Act 2010—discrimination in the provision of goods, services and facilities)
the Bribery Act 2010 (BA 2010) (see Practice Note:
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This Practice Note examines why parties involved in a construction project may enter into an escrow agreement (or escrow deed) to set up an escrow account. It looks at the benefits of paying funds into escrow, how an escrow account operates and the provisions typically found in an escrow
BREXIT: As of exit day (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 on
Produced with input from Rebecca Cousin of Slaughter and May on market practice.This Practice Note summarises the rules and guidance in relation to parties who are, or may be presumed to be, acting in concert for the purposes of The City Code on Takeovers and Mergers (the Code). In particular the
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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