By the time you read this article, the new Tier 1 Exceptional Talent Route will have been available since 9 August 2011. This article looks at the recently published information from the UK Border Agency (UKBA) concerning this route, that has been created to encourage the best and brightest people in the fields of science, …
Whether it’s voting rights for prisoners or so-called ‘super-injunctions’, the Scottish media has over the past few months been full of commentary about the impact of the European Convention on Human Rights (ECHR) and the application of Strasbourg jurisprudence in the Scottish and UK courts. Why, it is argued by some, should the distinct British …
Continue reading “Those rebellious Scots again: the Supreme Court and the Scottish Government”
UAE Agency law impacts upon many different aspects of commercial life in the United Arab Emirates. The governing law, Federal Law No 18 of 1981 (the Agency Law), is extremely broad and captures commercial activities ranging from a classic principal/agent relationship to franchising and distribution agreements. The Agency Law is a framework that serves to …
The courts are regularly asked to imply terms into contracts, and will do so where it can be found that such an implication would reflect the true intentions of the parties. In certain cases, the courts are assisted by rules of construction that create a presumption against a particular intention of the parties. One such …
Continue reading “Are parties able to rely on their own breach of contract?”
On 30 June 2011, the government published the long-awaited consultation document on reform of the controlled foreign companies (CFC) legislation. The consultation follows the announcement at Budget 2011 that the government would consult on full reform this year with new legislation to be included in the Finance Bill 2012. The regime has been repeatedly criticised …
Continue reading “Full reform of the controlled foreign companies legislation”
This article provides an overview of the legal and tax aspects of debt-to-equity conversions in Bulgaria that are relevant for the successful implementation of a restructuring.
It has become the standard suite of construction and engineering contracts in the nuclear decommissioning sector, EDF is currently using it for the early packages at its Hinckley C development in Somerset and Horizon Nuclear Power has been taking soundings from the nuclear supply chain as to its suitability for its proposed new nuclear power …
The Financial Services Authority (FSA) has recently published its review of mortgage fraud against lenders, having carried out investigations into the ability of lenders to detect and prevent mortgage fraud. The purpose of the report was to consider how lenders are managing the risk to their businesses of mortgage fraud. The report also estimates that …
Continue reading “The billion pound toxic pool… deal with it, don’t add to it!”
On the day that the Bribery Act 2010 (the Act) came into force, Richard Alderman, director of the Serious Fraud Office (SFO), gave an exclusive interview to the Daily Telegraph. In the interview, Mr Alderman set out his hard-line approach and highlighted the SFO’s intention to take a much stronger stance with enforcing the Act …
Continue reading “Bribery Act raises the bar for global compliance programmes”
Whilst few product recalls grab the headlines in the way of Toyota’s worldwide recall of millions of Prius and other vehicles, product recalls are happening all the time as can readily be seen from newspapers, store advertisements, government agency announcements and a variety of other media. Barring rare cases of malicious tampering, each recall represents …
Continue reading “Product recalls: damned if you do, damned if you don’t?”