UK immigration: end of year round-up | Magrath Sheldrick LLP

Legal Briefing

Restricted certificates of sponsorship: the system of applying for restricted certificates of sponsorship was introduced on 6 April 2011. Restricted certificates are required by overseas nationals who will be employed on a salary of less than £150,000 per annum and who are currently living overseas.


Assessing recovery of loss in tort claims during an economic downturn | Eversheds Sutherland

Legal Briefing

In this article, we review case law from South Australia Asset Management Company Ltd v York Montague Ltd [1997] to Rubenstein v HSBC Bank Plc [2011] to examine the current approach to assessing loss in economically volatile times. Assessing recoverable loss in tort claims is sometimes a knotty problem. Breach of a duty of care can …

UCITS funds get a facelift in the Czech Republic | Wolf Theiss

Legal Briefing

Undertakings for Collective Investment in Transferable Securities (UCITS), are open-ended, regulated investment funds. Since their inception in 1985, UCITS have been regulated by Directive 85/611/EEC, known as UCITS I. UCITS I has been substantially amended several times, most importantly by Directive 2001/107/EC and Directive 2001/108/EC, these amendments generally being known as UCITS III.


Interpreting commercial contracts: a plane task? | Edwards Wildman Palmer UK LLP

Legal Briefing

Where two large businesses contract, there is an assumption that they appreciate the consequences of the contractual wording adopted. In such circumstances courts tend to give effect to the literal meaning of those terms in a contract. In Gesner Investments Ltd v Bombardier Inc [2011] the Court of Appeal was asked to interpret the terms …