English courts’ willingness to uphold parties’ choice of law provides certainty in Brexit world, says expert – OUT-LAW.com

‘A Court of Appeal decision upholding the parties’ choice to use English law under a swap agreement will provide some relief to financial firms despite the ongoing uncertainty around the UK’s decision to leave the EU, an expert has said.’

Full Story

OUT-LAW.com, 21st June 2017

Source: www.out-law.com

Law Society publishes first slavery and human trafficking statement – Legal Futures

Posted June 6th, 2017 in contracts, law firms, news, solicitors, trafficking in human beings by tracey

‘The Law Society has issued its first slavery and human trafficking statement, in compliance with the Modern Slavery Act 2015, emphasising its commitment to ensuring that “such practices have no place within its supply chain or other activities”.’

Full Story

Legal Futures, 6th June 2017

Source: www.legalfutures.co.uk

Watson and others v Watchfinder.co.uk Ltd – WLR Daily

Posted June 1st, 2017 in agreements, company directors, consent, contracts, law reports, shareholders by sally

Watson and others v Watchfinder.co.uk Ltd [2017] EWHC 1275 (Comm)

‘The claimants were directors and shareholders of a business development consultancy whose services the defendant company retained to assist it in attracting investors. At the same time, the defendant entered into a share option agreement with the claimants on terms which, as later amended, provided for the claimants to purchase a certain percentage of the defendant’s issued share capital at a given price, but also provided that the option could not be exercised without the consent of a majority of the defendant’s board of directors. The claimants later sought to exercise the option but consent was refused. The claimants brought proceedings for specific performance of the share option agreement, contending that, as a matter of construction of that agreement or by way of an implied term, the defendant could not exercise its discretion over the grant of consent in a way that was arbitrary, capricious or irrational.’

WLR Daily, 25th May 2017

Source: www.iclr.co.uk

Jason Varuhas: Judicial Review beyond Administrative Law: Braganza v BP Shipping Ltd and Review of Contractual Discretions – UK Constitutional Law Association

Posted June 1st, 2017 in appeals, contracts, judicial review, news, shipping law, Supreme Court by sally

‘Judicial supervision of decision-making powers is often associated with administrative law. However courts also review the exercise of discretions in other fields. For example courts review powers exercised by trustees, and indeed much of equity might be characterised as a law of administration. Our focus here will be the legal principles sourced in the law of contract which regulate the exercise of powers of decision, including discretions, under contracts (‘contractual review’) and the interrelationship between these principles and those common law principles regulating exercise of administrative powers under statute (‘administrative law review’).’

Full Story

UK Constitutional Law Association, 31st May 2017

Source: ukconstitutionallaw.org

The Jill Poole Memorial Lecture by the Lord Chief Justice: Keeping commercial law up to date – Courts and Tribunals Judiciary

Posted May 19th, 2017 in contracts, judiciary, legal education, shipping law, speeches by tracey

‘The Jill Poole Memorial Lecture by the Lord Chief Justice: Keeping commercial law up to date.’

Full speech

Courts and Tribunals Judiciary, 16th May 2017

Source: www.judiciary.gov.uk

A Question of Taste : The Supreme Court and the Interpretation of Contracts – Speech by Lord Sumption

Posted May 17th, 2017 in contracts, interpretation, news, Supreme Court by sally

A Question of Taste : T he Supreme Court and the Interpretation of Contracts (PDF)

Speech by Lord Sumption

Harris Society Annual Lecture, Keble College, Oxford, 8th May 2017

Source: www.supremecourt.uk

Sumption: Supreme Court pulling back from broad construction of contracts – Litigation Futures

Posted May 17th, 2017 in contracts, interpretation, news, Supreme Court by sally

‘Lord Sumption has called for a return to a more straightforward approach to how judges construct contracts that focuses on the words rather than trying to work out what the parties intended by looking at the surrounding circumstances.’

Full story

Litigation Futures, 16th May 2017

Source: www.litigationfutures.com

Similarities, Connections or Relationships? Aggregation following AIG Europe v Woodman – Hardwicke Chambers

Posted May 16th, 2017 in appeals, contracts, damages, news, Supreme Court by sally

‘Aggregation clauses are commonly used in professional liability policies and can have a substantial impact on the recoverable damages in a claim. The Supreme Court considered the proper construction of the aggregation clause in the Law Society’s Minimum Terms and Conditions (“the Minimum Terms”) in AIG Europe v Woodman [2017] UKSC 18 and in so doing also provided useful guidance on the approach to be taken to the construction of aggregation clauses more generally.’

Full story

Hardwicke Chambers, 12th May 2017

Source: www.hardwicke.co.uk

Right to damages for ‘unreasonably’ late insurance claims settlement now in force – OUT-LAW.com

Posted May 9th, 2017 in contracts, damages, delay, financial regulation, insurance, news by tracey

‘Business and consumer insurance policyholders may now pursue their insurers in the courts if they do not settle claims within a reasonable amount of time.’

Full story

OUT-LAW.com, 8th May 2017

Source: www.out-law.com

Blockchain technology will be “game changer” in conveyancing – Legal Futures

‘Blockchain-backed ‘smart contracts’ will be a “game changer” in property transactions, increasing certainty for buyers and sellers as well as speeding up the house-buying process, it has been claimed.’

Full story

Legal Futures, 26th April 2017

Source: www.legalfutures.co.uk

Council wins right to redact more info from variation agreement to waste contract – Local Government Lawyer

‘A county council has won an appeal to the First-Tier Tribunal over a decision by the Information Commissioner’s Office that it was not entitled to redact certain information in a variation agreement to a waste disposal contract.’

Full story

Local Government Lawyer, 24th April 2017

Source: www.localgovernmentlawyer.co.uk

Northern Waters – Nearly Legal

Posted April 25th, 2017 in contracts, housing, local government, news, rent, service charges, water, water companies by sally

‘Rochdale BH is a social housing provider (of what was the council’s housing stock). The issue in this case – heard as a preliminary issue – was whether Rochdale BH was a water reseller under the terms of The Water Resale Order 2006 in that charges for water it made as a part of the rent.’

Full story

Nearly Legal, 23rd April 2017

Source: www.nearlylegal.co.uk

Global v Aabar: The Court of Appeal state that contractual negotiations should be clear and unequivocal – 4 KBW

Posted April 6th, 2017 in agreements, appeals, contracts, news, telecommunications by sally

‘In the recent case of Global Asset Capital Inc and another v Aabar Block S.A.R.L and others [2017] EWCA Civ 37, the Court of Appeal held that the High Court was wrong to find that following a ‘subject to contract’ offer letter, a contract was concluded during a telephone call which was inconsistent with subsequent communications.’

Full story

4 KBW, 31st March 2017

Source: www.4kbw.net

Supreme Court: contractual interpretation depends on a combination of text and context – OUT-LAW.com

Posted April 3rd, 2017 in contracts, indemnities, interpretation, news, Supreme Court by sally

‘The correct interpretation of a contract in England and Wales will depend on a range of factors, including the words of the contract and the context in which they are used, according to the UK’s highest court.’

Full story

OUT-LAW.com, 3rd April 2017

Source: www.out-law.com

Private companies could pull out of probation contracts over costs – The Guardian

‘Two of the private companies that provide 50% of probation services in England and Wales have confirmed to MPs they will have to consider quitting if a Ministry of Justice review fails to deliver improvements.’

Full story

The Guardian, 21st March 2017

Source: www.guardian.co.uk

When is an antitrust/competition claim caught by an arbitration clause? The Microsoft Mobile decision – Competition Bulletin from Blackstone Chambers

Posted March 9th, 2017 in agreements, arbitration, competition, contracts, news, price fixing, sale of goods by sally

‘The decision of the High Court in Microsoft Mobile Oy (Ltd) v Sony offers some helpful guidance as to when a competition law tort claim will be caught by an arbitration clause in a sale or supply agreement.’

Full story

Competition Bulletin from Blackstone Chambers, 7th March 2017

Source: www.competitionbulletin.com

ATE insurer escapes £320,000 costs liability because of policy breaches – Litigation Futures

Posted March 7th, 2017 in contracts, costs, damages, insurance, news by tracey

‘An after-the-event insurer (ATE) has escaped liability to pay out £320,000 after the High Court found that its insured had breached four conditions precedent in the policy.’

Full story

Litigation Futures, 7th March 2017

Source: www.litigationfutures.com

When One Purchaser Signs the Contract for Sale and the Other Does Not … – Radcliffe Chambers

Posted February 21st, 2017 in appeals, contracts, deposits, news, sale of land by sally

‘And indeed never authorised the co-purchaser to enter into a contract on her behalf without her consent, did not know that he was entering into a contract, or consent to his doing so on her behalf. That was the remarkable situation in the case of Rabiu v. Marlbray Ltd [2016] 1 WLR 5147. At first blush one might have thought, in line with the decision in Suleman v. Shahsavari [1998] 1 WLR 1181, that in the absence of the signature of one of the co-purchasers, there was no binding contract and that that would be the end of the matter. So the trial judge concluded, but the Court of Appeal held that on the facts of the case the purchaser who had signed had rendered himself liable as between himself and the vendor of the property, notwithstanding the absence of the signature of his co-purchaser. In so doing it distinguished Suleman. The decision of the Court of Appeal, which runs to 111 paragraphs, considers a number of issues and repays careful study. This casenote will consider the questions of the validity of the contract between the vendor and the copurchaser and the formalities required by s.2 of the Law of Property (Miscellaneous Provisions) Act 1989. A second casenote (to follow) will consider whether, on the assumption that there was no valid contract as between the vendor and the co-purchaser (either because the contract had not been signed by the other co-purchaser, or because of want of the formalities required by s.2), the vendor was required to return the co-purchaser’s deposit or could retain it.’

Part One (PDF)
Part Two (PDF)

Radcliffe Chambers, February 2017

Source: www.radcliffechambers.com

TIME SHARE TEST CASE REVIEWED – Park Square Barristers

Posted February 20th, 2017 in contracts, EC law, misrepresentation, news by sally

‘When I first started to move from the research to active case work in respect of timeshare litigation last year, I found that the Opinions which I had to write were extremely long and extremely challenging. In fact, the first two written Opinions exceeded 14,000 words each. If nothing else, the recent long awaited decision in Abbott v RCI Europe (“Abbott”) confirmed that I had not been guilty of narcissistic prolixity.’

Full story (PDF)

Park Square Barristers, 11th January 2017

Source: www.parksquarebarristers.co.uk

Marc Delehanty on the Enforceability of Promises Made Subsequent to Written Contracts: New Caselaw – Littleton Chambers

Posted February 20th, 2017 in agreements, appeals, contracts, estoppel, news by sally

‘Commercial litigators regularly encounter disputes which arise from parties’ attempts to renegotiate obligations under written agreements in situations where one party is having difficulty performing as required under the contract.’

Full story

Littleton Chambers, 26th January 2017

Source: www.littletonchambers.com