Agreement not enforceable where negotiations for connected package of contracts had broken down | Edwards Wildman Palmer UK LLP

Legal Briefing

In the recent case of Destiny 1 Ltd v Lloyds TSB Bank plc [2011] the Court of Appeal was asked to consider whether Judge Richard Seymour QC was correct to reject a claim that a legally binding contract had been created where that agreement was one of many in a ‘contractual package’ and the negotiations …

Changes to the UK-Germany double taxation convention from a German tax perspective | Watson Farley & Williams

Legal Briefing

Investment activities between the UK and Germany are substantial. However, until recently, taxpayers resident in these two countries have been encumbered by a rather outdated regime dealing with the avoidance of double taxation. On 30 March 2010, Germany and the UK signed a new version of the Convention for the Avoidance of Double Taxation and …

The FCPA and corruption in government procurement in the CEE | Wolf Theiss

Legal Briefing

The European public procurement market is enormous. Governments in the European Union (EU) and in non-EU member states in Europe will invest approximately €4trn in government contracts in 2011. This is also an intriguing market environment for investors outside of Europe, which, as of recently, include those from the United States particularly. Despite these opportunities, …

Waste: moves towards a global resource | Burges Salmon

Legal Briefing

Legislative drivers and market demands have transformed waste management from a disposal at the lowest price operation to a sophisticated global resource (materials/energy) trading organisation. The transition from disposal to resource recovery and reuse is not without its difficulties, but while the market continues to develop, legislation will continue to drive and encourage the transition …

Libyan sanctions – an overview | Macfarlanes

Legal Briefing

Businesses and natural persons that trade with Libyan ‘designated persons’ in contravention of the recent targeted economic sanctions, could face prosecution and severe fines. This article focuses on how targeted sanctions have been imposed against Libya by the United Kingdom, United States, European Union and the United Nations, how they operate and what businesses, particularly …