The following Energy practice note Produced in partnership with Herbert Smith Freehills provides comprehensive and up to date legal information covering:
In order for the Convention on Supplementary Compensation for Nuclear Damage ('CSC') to come into force, it must have been ratified by at least five countries with a combined nuclear generating capacity of 400,000MW. Japan's ratification of the CSC on 15 January 2015 marked the CSC's entry into force.
The CSC is an international convention designed to provide a clear route to compensation for damages in the case of a nuclear incident. It is a freestanding instrument, independent of, and supplementary to, the existing 1960 Paris Convention on Third Party Liability in the Field of Nuclear Energy (the 'Paris Convention') and the 1963 Vienna Convention on Civil Liability for Nuclear Damage (the 'Vienna Convention'). It is open to all states, whether they have nuclear installations or not, and whether they are party to
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What is recklessness?In respect of some statutory offences and common law crimes the prosecution are required to prove a mental element of recklessness on the part of the defendant.Recklessness means unjustified risk taking on the part of the accused.Prior to the House of Lords decision in Re G
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
Deceit—what is it?A deceit occurs when a misrepresentation is made with the express intention of defrauding a party, subsequently causing loss to that party.The elements of a claim in deceit are:•a clear false representation of fact or law•fraud by the maker, in the sense that they knew that the
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