This month's planning highlights include: (1) Extension of NPPF consultation period; (2) Direct commissioning of affordable housing sites; (3) Infrastructure and Projects Authority starts work; (4) Consultation on National Infrastructure Commission; (5) Planning (Wales) Act 2015 provisions in force; (6) Processing of planning applications by alternative providers; (7) Processing of planning applications by alternative providers; (8) Housing and Planning Bill passes third reading; (9) Onshore wind generating stations to apply to local planning authority; (10) New marine conservation zones—England; (11) New marine conservation zones—Wales; (12) Planning Inspectorate habitats advice note updated; (13) Welsh Assembly approves new Developments of National Significance regime.
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This Practice Note explains certain common financial covenants used in commercial finance transactions including:•minimum net worth test•gearing ratio•leverage ratio (or debt to equity ratio)•current ratio (or acid test ratio)•cashflow ratio•interest cover ratio, and•loan to value ratioIt explains:
Coronavirus (COVID-19): The guidance detailing normal practice set out in this Practice Note may be affected by measures concerning process and procedure in the civil courts that have been introduced as a result of the coronavirus (COVID-19) pandemic. For guidance, see Practice Note: Coronavirus
There may be times when, rather than assigning the benefit of an agreement to a third party, the original parties wish instead to end their obligations to each other under that agreement and, in effect, recreate it, with the third party stepping into the shoes of one of the original parties. This is
This Practice Note considers the legal concept of mistake in contract law. It examines common mistake, mutual mistake, unilateral mistake, mistake as to identity and mistake as to the document signed (non est factum). It also considers the impact of each of these types of mistake on the contract and
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