Judicial intervention in foreign arbitration: redefined by the Supreme Court of India
 | Amarchand Mangaldas

Legal Briefing

Bharat Aluminum Company v Kaiser Aluminum Technical Services, Inc [2005] (the Balco judgment) concluding that the Indian courts would not have jurisdiction with respect to arbitrations with ‘seat outside India’, either for the purposes of granting interim relief or with respect to entertaining a challenge to foreign arbitral awards in India. With this decision, the …

Establishing the criminal liability of corporations | WilmerHale

Legal Briefing

In the government’s recent 
consultation on the introduction of 
deferred prosecution agreements (DPAs), one of the reasons given in favour of them was that DPAs would assist with the difficulties of establishing the necessary mens rea of many corporate criminal offences.1 The logic of this is questionable, but, given the current focus on DPAs as …

A fresh look at price promises: the impact of competition law | Arnold & Porter (UK) LLP

Legal Briefing

Customers may often demand that suppliers’ charge prices that are the same as, or lower than, those charged to other customers. For some time, it has been assumed that these arrangements reduce supply chain costs and therefore benefit competition and consumers. However, this may not always be the case, according to a report (the Report) …

Offshore transmission: the enduring OFTO regime | Burges Salmon

Legal Briefing

A new offshore transmission licensing regime (the regime) was introduced in 2009 that set out to radically change the way in which offshore transmission assets (ie those assets connecting offshore generating assets to the onshore electricity networks) were designed, built, funded and operated. Three years on, while many of the underlying mechanics of the regime …

Out of the frying pan: an analysis of implied terms in bespoke design contracts | Edwards Wildman Palmer UK LLP

Legal Briefing

When existing, off-the-shelf products do not meet requirements, a customer must obtain a tailor-made product or system. The Court of Appeal has recently considered the implied terms applicable to a contract to design and install a bespoke system, restricting the obligation of the contractor to a duty to take reasonable care only. Although the decision …

Scottish taxes: while attention is focused on the forthcoming independence referendum significant changes have already taken place
 | Brodies

Legal Briefing

There has been much discussion about the Scottish independence referendum, due to be held in 2014, the relative merits of ‘Devo Max’ and ‘Devo Plus’, both of which would devolve greater powers to the Scottish Government, and the implications of a lower corporation tax rate north of the border, should the Scottish Government be given …

Targeted financial sanctions: what if 
the target is wrong? | Kingsley Napley LLP

Legal Briefing

Sanctions have been an important mechanism in the efforts – by the UN, EU and individual states – to promote international peace and security. Since the early 1990s, and following the experience of implementation of comprehensive sanctions against Iraq, increasing use has been made of so-called targeted sanctions – measures taken against named individuals or …

Risks following a product recall, part 2: 
criminal offences 
for the company 
and directors
 | Shook, Hardy & Bacon

Legal Briefing

In addition to civil product liability claims, a company and its directors could also face criminal charges following the recall of an unsafe product. In part 2 of this two-part series considering post-recall risks, Alison Newstead, partner with Shook Hardy & Bacon International, outlines the potential offences and penalties under the General Product Safety Regulations …