Budget 2011 | Watson Farley & Williams

Legal Briefing

The Chancellor of the Exchequer, George Osborne, delivered his Budget on 23 March 2011, in which various tax amendments were announced. In his Budget speech, the Chancellor announced that two of the government’s ambitions for the British economy were to create the most competitive tax system in the G20 and to make the UK the …

Mutual Legal Assistance: When your assistance is required | Kingsley Napley LLP

Legal Briefing

This article is an assessment of practical and legal considerations arising from the operation of mutual legal assistance provided by the UK in connection with international criminal investigations. Mutual legal assistance (MLA) arrangements enable one country to seek assistance in obtaining evidence located in another country for the purposes of criminal investigations or proceedings. In …

Competition rules for Dutch public authorities | Boekel

Legal Briefing

The senate of the Netherlands has recently adopted a bill that protects private undertakings against unfair competition of public authorities (and public enterprises) conducting business activities. The bill imposes several rules of conduct on these public authorities. This article looks at the background to these changes and discusses the way in which the rules of …

Puppet on a string | Macfarlanes

Legal Briefing

Since the House of Lords decision in Salomon v Salomon & Co [1897], it has been a fundamental principal of company law that a company has a separate legal personality. This means that shareholders are not normally liable for the acts or omissions of a company. However, the court will ‘pierce the corporate veil’ where …

A clearer picture of entitlement to damages flowing from repudiatory breach? | Edwards Angell Palmer & Dodge LLP

Legal Briefing

In IHL174 Charlotte Bunn commented that the concept of repudiatory breach of contract, and its effects, are commonly misunderstood (p8). The recent Court of Appeal decision in Acre 1127 Ltd (In Liquidation) v De Montfort Fine Art Ltd [2011] should therefore be welcomed in so far as it is a reminder of the distinction between …