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GLOSSARY
The Chancery Division is the specialist business and property division of the High Court of Justice in England and Wales, dealing mainly with disputes about equity, trusts, estates, real property, company law and insolvency, as well as intellectual property and certain commercial claims. It evolved from the historic Court of Chancery and is now established under the Senior Courts Act 1981 and related procedural rules, rather than by a single statutory definition.Key features include: specialist judges (including the Chancellor of the High Court), use of equitable remedies such as injunctions and specific performance, and case management geared to complex, document-heavy litigation. Typical matters include shareholder disputes, derivative claims, partnership actions, construction of wills and trusts, mortgage and land disputes, professional negligence with a chancery element, charity law issues and administration of estates.In Northern Ireland, the Chancery Division forms part of the High Court of Justice with a broadly similar jurisdiction. Scotland and Ireland do not use the term “Chancery Division”; equivalent work is allocated to specific lists or specialist judges within the Court of Session (Scotland) and the High Court (Ireland), such as the Commercial Court or probate and equity lists.
NEWS
Private Client analysis: The High Court has dismissed an application brought by the trustees and executors of the estate of the late Lord Cecil Parkinson. The application sought to remove Sarah Keays as her adult disabled daughter’s litigation friend and to replace her with a solicitor chosen by estate’s solicitor. Timothy Becker, directly instructed barrister of Piccadilly Chambers (who acted for the successful litigation friend) comments on what lessons can be learned from this case, and considers the wider implications for these types of cases.
NEWS
Law360: A Delaware court on 6 June 2025 paused a pension fund stockholderclaim seeking documents on data privacy violations made by Meta Platforms Inc that led to a €1.2bn fine from European authorities.
GLOSSARY
A variation in the works or services to be carried out. This is usually governed by a Change Protocol which sets out parameters for making Changes.
GLOSSARY
A variation in the works or services to be carried out. This is usually governed by a Change Protocol which sets out parameters for making Changes.
GLOSSARY
The procedure which sets out how Changes will be managed.
PRECEDENTS
1 Definitions 1.1 In this Agreement: Change • means any change to the Services and/or the terms of this Agreement other than a minor operational change as described in clause 2.2; Charges • means the fees, costs and expenses payable by the Customer to the Supplier for the provision of the Services, as set out in Schedule [insert schedule number]; Change Control Note • means the form submitted to support a Change Request pursuant to the Change Control Procedure, in a form substantially similar to the pro-forma change control note in the Appendix to Schedule [insert schedule number]; Change Control Procedure • means the process by which any Change is agreed as set out in Schedule [insert schedule number]; Change Request • means a request in the form of a Change Control Note submitted by a party intending to effect a Change; Charge Review Procedure • means the procedure for reviewing and providing information relating to a potential increase or decrease in the Charges as set out in paragraph 2 of Schedule [insert schedule number]; and Procedures Manual • means [insert appropriate deal-specific definition]. 2 Change control 2.1 Subject to the provisions set out in this clause 2 and in Schedule
PRECEDENTS
1 Change control 1.1 If either party wishes to make a change to this Agreement at any time (Change Requesting Party), the Change Requesting Party may request such a change (a Change Request) under the procedure set out in this clause. 1.2 Each Change Request shall be submitted by the Change Requesting Party substantially in the form set out in the Schedule and shall include such information necessary to enable the parties to assess the impact of the proposed change, which in the case of the Supplier, shall include completing Part B: Evaluation of the Change Request form. 1.3 Where the Customer
GLOSSARY
A legislative or regulatory change which occurs after the Project Agreement is entered into. The Project Agreement usually divides changes of law into different categories such as Discriminatory Changes in Law, Specific Changes in Law (a change in law which affects the specific sector such as education) and General Changes in Law (those which are neither Specific nor Discriminatory) and there are different consequences for each in terms of the risks of the parties.
CHECKLISTS
Part XII of the Financial Services and Markets Act 2000 (FSMA 2000) requires controllers and proposed controllers to seek approval from the Financial Conduct Authority (FCA) or the Prudential Regulation Authority (PRA) before acquiring or increasing control in a UK authorised firm, and to notify the relevant regulator when decreasing or ceasing control in a firm. The FCA and PRA also require UK authorised firms to notify them when a person reduces or ceases to have control in the firm. This Checklist sets out the practical steps that controllers and proposed controllers need to consider when acquiring/increasing or disposing/decreasing control. For further information on the change of control regime, see Practice Notes: • FSMA 2000 controllers regime—key concepts • Obligations of controllers—acquiring and increasing control • Obligations of controllers—reducing or ceasing control • FSMA 2000 controllers regime—obligations for firms • FSMA 2000 controllers regime—fund managers • Enforcement of the FSMA 2000 controllers regime Authorised firms are also required to keep the FCA and/or PRA informed about their close links with other individuals or entities.
NEWS
Private Client analysis: Julie Butler, founding director of Butler & Co Alresford Ltd, considers how the changes announced at Autumn Budget 2024 on 30 October 2024 may impact the approach to IHT planning for farmers and farming families in the period up to and after 6 April 2026.
Q&As
Forename or surname? The first question to consider here is whether this in relation to a child’s forename or surname as there are different levels of governance. Generally, changing a child’s forename bears less restriction, as it is considered to be ‘much less concrete in character than surnames’ (Re H (a child: forename) ). The same case further states that in the case of separated parents, the mother as primary carer was able to use her chosen name for the child. Changing a child’s surname is governed by stricter rules, due to its attachment to family ties. As a number of factors must be taken into consideration, changing a child’s surname calls for a case