At the risk of woeful understatement, the City responded to the referendum result with some surprise and disappointment. The Leave vote may not be legally binding, but the government has committed itself to implement Brexit and it is a question of understanding the consequences.
When drafting legal documentation pertaining to a sophisticated financial transaction, there is a lot to consider. The relevant agreements can be voluminous and the concepts reflected most certainly complex. Probably one of the more underestimated matters in this process is the jurisdiction clause.
Are you a Capitulator? A Coaster? A Champion? Comfortably Numb perhaps? To an in-house profession used to having its qualities of leadership and innovation praised to the hilt, the recently-produced report on ethical standards among general counsel from UCL’s Centre for Ethics and Law is an awkward read.
Drawing on specialist judges from both the Chancery Division and the Commercial Court, the Financial List was introduced on 1 October 2015 and is designed to deal with disputes related to the financial markets, as well as complex, high-value claims concerning financial products.
Leadership training has until recently neglected the growing ranks of GCs. To begin our Insight special with Reed Smith, we assess the educational options for in-house counsel striving to meet growing skills demands.
Following the result of 23 June 2016 Brexit referendum, many British citizens are concerned with what potential travel restrictions and immigration regulations may be implemented when travelling to EU countries after the UK leaves the EU. A number of potential scenarios have been identified.
Of all the clauses in a contract, dispute resolution provisions require perhaps the greatest degree of crystal ball gazing. Contract drafters need to ensure that the clause will be effective in putting any dispute in the hands of a competent and effective court or tribunal at the earliest opportunity. But now we have Brexit. We … Continue reading “Dispute resolution provisions: the impact of Brexit”