Termination and disclaimer of 
contracts under 
Scots insolvency law | Brodies

In the current economic climate, it is vital for in-house counsel to have a good understanding of both the powers that an organisation has to terminate contracts in the event that the other party to the contract enters insolvency, and the powers the insolvency practitioner (IP) enjoys in 
this regard. Does insolvency have any automatic …

Continue reading “Termination and disclaimer of 
contracts under 
Scots insolvency law”

Driverless vehicles: liability and new automotive technologies | Shook, Hardy & Bacon

The advance of GPS mapping, radar 
and wireless systems are making the ‘driverless car’ a possibility, sooner than many may have anticipated. The widely reported trials of an automated vehicle fleet utilising Google technology has raised the profile of automated vehicles significantly. Following these successful trials, the US states of Nevada, California and Florida have …

Continue reading “Driverless vehicles: liability and new automotive technologies”

Are you obliged to 
act reasonably? | Macfarlanes

Commercial contracts often contain provisions that allow one party to take a certain step, or to make a particular decision, which will have an impact on another contracting party. Commenting on such a situation in Abu Dhabi National Tanker Co v Product Star Shipping Ltd (The ‘Product Star’) [1993], Leggatt LJ said that ‘where A …

Continue reading “Are you obliged to 
act reasonably?”

SEBI’s mandatory safety net mechanism | Amarchand Mangaldas

‘The dangers of life are infinite, and among them is safety’ – Goethe. The Securities and Exchange Board of India (SEBI) issued a discussion paper on the ‘mandatory safety net mechanism’ in September 2012 (the SEBI discussion paper), inviting public comments. Briefly, this contemplates a mechanism wherein, in the event of a fall in share …

Continue reading “SEBI’s mandatory safety net mechanism”

Highly valued migrants: overview 
of the categories | Magrath Sheldrick LLP

The UK government has recently 
split up the UK Border Agency into two entities, namely the Immigration and Visa Directorate and the Immigration Law Enforcement Directorate, both of which 
will report directly to the Home Office. The Tier 1 category of the points-based system1 was designed to allow highly talented migrants from outside Europe, and …

Continue reading “Highly valued migrants: overview 
of the categories”

Sanctions and export controls: ignorance 
is not bliss
 | WilmerHale

Over recent months, international 
sanctions and export controls have 
featured heavily in the news; the recent escalation of tension in the Korean peninsula, the ongoing conflict in Syria 
and Iran’s continued attempts to develop nuclear weapons are all examples of international situations where sanctions 
or trade controls are in force. Even 
though these are examples …

Continue reading “Sanctions and export controls: ignorance 
is not bliss
”

Information exchange: don’t slip on the banana skin | Arnold & Porter (UK) LLP

Two recent judgments of the General Court of the EU (the Court)1 provide a stark reminder of the long reach of competition law in relation to exchanges of information between competitors. Although the European Commission’s findings of fact in these cases disclosed a frequent and detailed series of communications concerning future prices, it would be …

Continue reading “Information exchange: don’t slip on the banana skin”

Industrial heat use and the Heat Strategy | Burges Salmon

The issues of efficient heat and reducing emissions from the generation of heat are rapidly moving up the political agenda. Industry needs to watch these developments closely and be prepared. Six industry sectors, including chemicals, oil refining, food and drink, basic metals, pulp and paper and non-metallic minerals (including ceramics, cement and glass) are singled …

Continue reading “Industrial heat use and the Heat Strategy”

A frustrating accident? Bunge SA v Kyla Shipping 
Co Ltd [2012] | Edwards Wildman Palmer UK LLP

The doctrine of frustration was developed in Taylor v Caldwell (1863). In that case, the plaintiff had agreed to hire a music hall for concerts on four specified evenings. A fire destroyed the music hall before the concerts took place. The 
plaintiff sought damages from the owner 
of the hall on the basis that he …

Continue reading “A frustrating accident? Bunge SA v Kyla Shipping 
Co Ltd [2012]”