Since the start of the financial crisis in 2007, there have been many public accusations of mismanagement and dishonesty made against those involved in the running of the UK’s banks and financial institutions. Over the past several months, concerns have been expressed about the sale of interest rate swap products to small and medium-sized companies …
In this article, Charlie Morgan, client relations executive of LSG, shares his views on how technology and supporting bill review services are enhancing the performance of corporate legal departments. He shares his experience and vision of the future in this changing space and outlines the benefits of using a single platform based on the international …
Continue reading “E-billing technology: maintaining a cutting edge”
A vast number of transactions are entered into whereby a company’s standard terms will be incorporated into the terms of the agreement. This may take place regardless of whether a party is actually aware of those specific terms. In the recent case of Allen Fabrications Ltd v ASD Ltd [2012], the High Court considered the …
Continue reading “Better the devil you know: the incorporation of standard terms”
This month is expected to see the launch of the coalition’s flagship energy efficiency policy: the Green Deal. The Green Deal is a policy introduced by the Energy Act 2011 (the 2011 Act) to help fund energy efficiency improvements to existing buildings. The policy has the potential to boost the market for energy efficiency and …
Continue reading “The green deal: legal and commercial issues”
Having reformed insurance law for consumers with a new Act in spring 2012, the Law Commissions have been grappling with changing the law as it affects business insurance. The principle drivers for reform are, firstly, that insureds say they struggle with fulfilling their obligation to disclose all material information that an insurer requires and, secondly, …
Continue reading “Insurance law reform: a better world for insureds?”
The beginning of any kind of internal investigation is a fraught time for in-house lawyers. Whether the investigation has been triggered by suspected corrupt conduct, accounting irregularities or the inklings of attention from a prosecutor, things usually need to happen fast and thinking time can be scarce.
‘Let America be America again , Let it be the dream it used to be , Let it be the pioneer on the plain, Seeking a home where he himself is free’ [Excerpt from Let America Be America Again, a poem by Langston Hughes] LEGISLATIVE UPDATE Election years generally are not known for significant immigration legislation developments. …
Continue reading “Legislative update and recent developments in US immigration”
The Indian central bank – the Reserve Bank of India (RBI) – is committed to implementing the Basel III norms in a phased manner in India, commencing from 1 January 2013, with Indian banks being required to comply fully with the new capital adequacy norms by 31 March 2018. Like elsewhere across the globe, banks …
Continue reading “The banking sector in India: capitalising on reforms?”
Protecting trade marks through registration has long been accepted as good practice by businesses around the world. Registration, however, is only the beginning. Enforcement is equally important. In the context of this article, I am referring to enforcement against competing/offending trade mark applications, rather than competing/offending use. A sound enforcement strategy should include a comprehensive …
Continue reading “Trade mark watching: the importance of a considered strategy”
In the recent case of Jackson v Dear & anor [2012], Briggs J considered, among other things, the extent to which traditional tests for implying terms into contracts have been superseded by Lord Hoffmann’s decision in the Privy Council case of (1) Attorney General of Belize (2) ECOM Ltd (3) Belize Telecommunications Ltd v (1) …