The Financial Services and Markets Act 2000 (Liability of Issuers) Regulations 2010 (the 2010 Regulations) apply to information first published on or after 1 October 2010.
English law generally respects the sanctity of contract and the courts are reluctant to void terms just because they are onerous to one party. An important exception to this is penalty clauses.
In early January 2010, the media was full of headlines about a landmark verdict and Dubai’s first foreclosure, which was supposed to ‘open the floodgates’ for other similar actions. The orders for foreclosure were issued by a Dubai enforcement judge in favour of Barclays Bank plc in its case against various borrowers who had taken …
Continue reading “Dubai mortgage law: much ado about nothing”
The Scottish Government is on a mission. That mission is to encourage the (appropriate) use of compulsory purchase powers in Scotland. Its aim is to aid the delivery of economic recovery, social change, efficient and effective regeneration, and, of course, sustainable economic growth. No mean feat then.