In its application by virtue of section 22(2), Chapter 2 of Part 2 has effect as if it were modified as follows.
(1) References to Chapter 2 of Part 2 and the provisions of that Chapter have effect as references to the applied Chapter 2 and the provisions of the applied Chapter 2 .
(2) References to the GDPR and to the provisions of the GDPR have effect as references to the applied GDPR and to the provisions of the applied GDPR, except in section 18(2)(a).
(3) References to the processing of personal data to which Chapter 2
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This Practice Note discusses Term Loan B (TLB) facilities which frequently appear as a tranche of senior facilities in syndicated loans in leveraged financings. TLBs are an established feature in the US market and increasingly used in the European lending market for institutional investors.This
When is quantum meruit and quantum valebat relevant?Claims in quantum meruit (value of services) and quantum valebat (value of goods) arise in diverse situations ranging from where contractual terms are silent on issues of payment to where there is no contract at all (Serck v Drake & Scull).General
When restructuring is considered rather than formal insolvency proceedings (see Practice Note: Benefits of restructuring over formal proceedings) the company may want to ensure that relevant creditors quickly enter a standstill agreement to gain some breathing space to consider a restructuring
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
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