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The following Practice Compliance news provides comprehensive and up to date legal information on The UK’s approach to modern slavery
This Precedent is a governing law clause, sometimes known as an applicable law clause or a choice of law clause. The governing law clause is...
Ireland—Material adverse change definitionGeneralThis Precedent is a definition for the term 'material adverse change' (MAC), to be included in the...
Ireland—Subsidiary definitionSubsidiary•This is a Precedent definitions for the term ‘subsidiary’, which is a term commonly used in agreements. It...
Ireland—Holding company definitionHolding Company•This Precedent contains a definition for the term ‘holding company’, which is a term commonly used...
Scotland—the process for applying for sequestrationSequestration in Scotland is the legal process by which an insolvent debtor’s estate is gathered in, realised and then distributed among their creditors by a trustee appointed for that purpose. The process requires that a formal award of
Micklefield clausesWhat is a Micklefield clause?It is common for employee share plans to provide that, on termination of employment (or when an employee is given or receives notice of termination of employment), subsisting share awards will be forfeited and subsisting share options will lapse.It is
Contributory negligence in personal injury claimsContributory negligence is a partial defence which can lead to a discount in damages.Other defences may also be relevant. See Practice Notes: Did the claimant consent to the risk of injury? and Was the claimant involved in an illegal activity?If a
Dispute Resolution analysis: The High Court has provided concise guidance as to how misrepresentation should be analysed when considering jurisdictional gateways. Under Article 5(3) of the Lugano Convention, in negligent misstatement cases, the place of the event giving rise to damage is normally
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