The criminal cartel offence and government reforms of competition law | DLA Piper

Legal Briefing

The UK government recently published its response to last year’s consultation on the reform of the UK competition regime. One significant plan is that it will no longer be a requirement to prove ‘dishonesty’ in order to convict individuals involved in a criminal cartel. The government believes that removing the requirement to prove dishonesty will …

The European syndicated loan market: current market trends and documentation issues | Eversheds Sutherland

Legal Briefing

The number of syndicated loans signed in EMEA in the first quarter of 2012 was less than half the number seen in the same period last year and the pipeline for the remainder of 2012 remains thin, bar any uptick in M&A activity. Banks are operating under tighter capital constraints and are increasingly selective on …

High Court delivers knock-out blow to application for damages flowing from repudiatory breach | Edwards Wildman Palmer UK LLP

Legal Briefing

The High Court has ruled in favour of the Lonsdale group in two related summary judgment actions: Leofelis SA & anor v Lonsdale Sports Ltd & ors; and Trademark Licensing Company Ltd & anor v Leofelis SA (the Leofelis actions). The applications were in relation to claims stemming from alleged repudiatory breaches of a licence, …

How that tweet could end up costing your company more than you’ve budgeted for | Schillings

Legal Briefing

There is nothing new about the fact that how an employee behaves can have a serious impact on a company’s reputation; what has changed is that a company’s reputation can now be damaged via a variety of different social media sites as well as through traditional channels. As social networking interaction continues to grow, the …

At your discretion | Macfarlanes

Legal Briefing

Commercial contracts may confer on one contracting party the discretion to take decisions that have an impact on the interests of the other party to the contract. This can give rise to questions of whether the decision maker owes any duties to the other contracting party and the extent to which the decision maker is …