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GLOSSARY
Drawings prepared by a manufacturer/contractor for work, such as joinery fittings, made in a workshop and not on site.
NEWS
Shopify, the multinational e-commerce business, has committed to making several revisions to its online platform to make online shopping safer for customers. These improvements, in line with EU law, come after dialogues with the European Commission and the Consumer Protection Cooperation Network (CPC). Shopify has committed to designing templates for the web shop's contact pages, providing clear guidance to traders on applicable EU consumer law and providing company details about any EU trader when requested by the CPC authority. Shopify has arranged to take down the web shops breaching consumer laws and provide the relevant company details to consumer authorities.
NEWS
A grocer, who failed to adduce any witness evidence from his staff to support his assertion that he had a reasonable system for clearing up dropped fruit, has failed to overturn a finding of negligence against him on behalf of a customer who slipped on a grape and fell whilst visiting his shop. Where a claimant has demonstrated that they slipped on something which ought not to have been on the floor the evidential burden shifts to the defendant to evidence that all reasonable steps were taken to keep the floor reasonably safe.
GLOSSARY
A list of documents or category of documents that you would like to inspect
GLOSSARY
An investor is ‘short’ when the exposure to a given asset is less than the level considered neutral.
GLOSSARY
A bond with a term to redemption of less than five years.
GLOSSARY
A relative return investment approach that provides full exposure to the market by taking both short and long positions.
PRECEDENTS
[On headed notepaper of the assignor] To: [Insert name and address of Assignee] [Insert date] Dear [insert name of Assignee] Assignment of contract We refer to the agreement between [insert name of other party to the contract being assigned] and [insert name of Assignor] (Assignor) relating to [insert specific purpose of agreement][, as amended from time to time,] dated [insert date] (Contract), a copy of which is annexed to this Letter and initialled by the parties to this Letter. [As part of an internal reorganisation of our group of companies OR As a result of [insert the business background to the
PRECEDENTS
[ On headed notepaper of the OUTGOING party to the ORIGINAL CONTRACT ] [insert name of remaining party to the original contract] [insert address of remaining party to the original contract] [insert name of incoming party] [insert address of incoming party] [Insert date] Dear [insert names of remaining and incoming parties], Novation of contract We refer to the agreement between [insert name of remaining party to the original contract] (Remaining Party) and [insert name of outgoing party] (Outgoing Party) relating to [insert specific purpose of agreement][, as amended from time to time,] dated [insert date] (Original Contract), a copy of which is annexed to this Letter and initialled by the parties to this Letter. The Outgoing Party wishes to transfer, by way of novation, its rights and obligations under the Original CONTRACT to [insert name of incoming party] a company incorporated in [England and Wales] under number [insert registered number] whose registered office is at [insert address of incoming party] (Incoming Party) on the following terms set out in this letter agreement (Letter): 1 Novation 1.1 With effect from and including [the date of this
PRECEDENTS
This Agreement is made on the [insert date] day of [insert month and year] Parties 1 [Insert Employer name] (Company Registration No. [insert number] whose registered office is at [insert office]) (the 'Employer' which term shall include all permitted assignees or other transferees under this Agreement); and 2 [Insert Consultant name] (Company Registration No. [insert number] whose registered office is at [insert office]) (the 'Consultant') Whereas (A) The Employer has entered into or proposes to enter into a contract with [insert name of contractor] of [insert contractor's address] for the [design and] construction of a [insert brief description of the project] (the ‘Project’) at [insert location of site] (the 'Building Contract'). (B) The Employer wishes to appoint the Consultant to perform the services set out in Schedule 1 (the 'Services') in accordance with the Agreement It is hereby agreed as follows 1 Definitions and Interpretation 1.1 In this Agreement the following expressions shall have the following meanings: [Beneficiaries • any and all [Funders] [Purchasers] [Tenants] ] Copyright Documents • data and/or documents (whether hard copy or stored on electronic media) including surveys, investigations, studies, reports, plans, drawings, specifications, models, calculations, schedules of work, programmes,
PRECEDENTS
date [date] parties 1 [name of Owner] [of OR incorporated in England and Wales (company registration number [number]) whose registered office is at OR [address] (Owner) 2 [name of Property Manager] of OR incorporated in England and Wales (company registration number [number]) whose registered office is at] [address] (Property Manager) agreement 1 In this Agreement, a reference to ‘the Property’): means the property known as [description]; and includes all or any part of it. 2 The Owner appoints the Property Manager to provide the services of a property manager/managing agent in respect of the Property on the terms of this Agreement. 3 The services to be provided by the Property Manager are: 3.1 collecting (as Receipts): 3.1.1 all rents from time to time payable to the Owner; and 3.1.2 any other charges, fees or other sums from time to time payable to the Owner and which the Owner notifies to the Property Manager in writing from time to time; in respect of the Property; 3.2 holding the Receipts in an interest-bearing account designated from time to time by the Owner (the Designated Account) pending distribution of them in accordance with this Agreement; 3.3 notifying the Owner whenever any sum identified
PRACTICE NOTES
Background Under Article 3(1) of Directive 2004/39/EC, the EU Prospectus Directive (PD), and section 85(1) Financial Services and Markets Act 2000 (FSMA 2000), it is unlawful for a public offer of transferable securities (including listed shares) to be made in the UK unless a prospectus approved by the FCA (or the competent authority of another EU state) has been issued beforehand, or an exemption applies. Where it is concluded that a prospectus is required to be drafted in connection with an offer to employees (or former employees), it may be possible for a company to draft a prospectus under a short form disclosure regime. See Practice Note: When is a prospectus needed for an offer to employees (the pre-19 January 2026 regime)? [Archived] for a description as to when a prospectus is required to be prepared and filed. Under the short form disclosure regime, prospectus requirements continue to apply, but they are interpreted in such a way as to make compliance much easier for companies