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The European Commission has set out its plans for the 28th contract law regime. Rather than replace national contract laws, the 28th regime would work as an alternative to a Member State’s contract laws....
European Commission looks to introduce online arbitration process for cross-border business-to-consumer disputes
The European Commission is looking to introduce a new online arbitration system for low value cross-border business-to-consumer disputes to save consumers having to go through the court process. This should...
Suppliers should include provisions expressly in contract to stop buyers from dealing with goods if they suffer an insolvency event – Sandhu v Jet Star, Court of Appeal
As the economy remains in a rocky state, many businesses continue to suffer cash flow and insolvency issues. But suppliers need to continue to trade. So what should they do? At times such as these, a good...
Court of Appeal rules that entire agreement clause did not exclude liability for misrepresentation and exclusion of set-off was unenforceable – AXA v Campbell Martin, Court of Appeal
AXA appointed agents on its standard form contract to sell its financial products. The contract gave AXA rights to claw back commission if customers cancelled. AXA sought to enforce those provisions. The...
Government slams proposed EU 28th contract law regime as the Esperanto approach
The Government has called a European Union proposal for an alternative voluntary new legal system for contract law as the Esperanto approach. This comment came in a response to a European Commission consultation...
European Commission consults on effectiveness of EU e-signature laws
The European Commission has found another subject to mull over. It has announced that it is looking into whether the European Union laws on electronic signatures need an overhaul in order to reverse what...
Contract formed despite signatory’s statement that further formal contract would follow – Immingham Storage v Clear Plc, Court of Appeal
C sent D a quotation for providing storage facilities, attaching C’s general storage conditions. The quotation referred to a formal contract to follow. D confirmed in writing a faxed agreement to proceed...
‘Terms and conditions available upon request’ would probably mean terms apply – Rooney v CSE, Court of Appeal
Rooney owned an aircraft. CSE carried out servicing work on the aircraft. Rooney had a claim for negligent work. CSE argued that its liability was affected by what was in its terms and conditions. Rooney...
Government consults on EU proposals to change contract law
The Government is consulting on European Union proposals to reform and harmonise contract law across the EU. The details of the EU’s suggestions were reported here: http://www.mablaw.com/2010/07/european-commission-consults-on-new-eu-wide-contract-law/....
0.5% over base rate of interest is too low so statutory rate applies – Yuanda v WW Gear, High Court
The parties entered into a construction contract which was based on the industry-standard JCT contract, but with some terms varied. Instead of interest on late payments applying at 5% above base rate as...