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European Commission proposes the 28th regime as alternative to national laws

4 March 2010 | Paul Gershlick

The European Commission has proposed a new law spanning the European Union which would aim to increase cross-border trade. In 2008, only 7% of web site transaction were made cross-borders. Viviane Reding,...

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European Commission wants to push ahead with Consumer Rights Directive

4 March 2010 | Paul Gershlick

The European Commission has signalled its intent to push forward with its proposed Consumer Rights Directive. Viviane Reding, the Justice, Fundamental Rights and Citizenship Commissioner, would like to...

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Conservatives to come down tough on irresponsible marketing to children

19 February 2010 | Mark Weston

The Conservatives would introduce a new law that would severely hamper any business that markets irresponsibly to children, if they win the General Election to be held this year. Conservative leader, David...

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Tax TV

18 February 2010 | Shimon Shaw

In what seems to me to be a slightly odd use of taxpayer's money, HMRC have decided to sponsor a new channel 5 TV show - the Business Inspector. The justification of this is that the programme will...

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Economic duress to change the agreed contract price won’t work – Kolmar v Traxpo, High Court

12 February 2010 | Paul Gershlick

You’ve secured an important deal to sell some products to a major customer. You’ve got an agreement with a supplier to buy the product. Everything’s in place…that is until your supplier suddenly...

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Cross Option Agreements – Protecting You and Your Business

5 January 2010 | Craig Harrison

It may not be a comfortable thought, but at some point a business may be confronted by the critical illness or death of one of its founders. Have you considered what might happen to your company if you...

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Interpretatation of shareholder agreement

5 January 2010 | Craig Harrison

The High Court has considered a claim for a declaration as to the meaning of a price calculation clause in a shareholders agreement. The claim arose out a merger of two businesses. The parties had entered...

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New rules to govern which country’s laws apply come into force on 17 December

17 December 2009 | Mark Weston

Whenever contracting parties enter into some form of cross-border agreement, it is a good idea to agree which country’s laws apply and where any disputes would be held. Since 1980, an understanding in...

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No prize for second place as Formula One sponsor loses US$4m contract battle due to acquiescing in breach – Force India v Etihad, High Court…

4 December 2009 | Paul Gershlick

Etihad Airways – the Abu Dhabi airline - was a sponsor of the Force India Formula One racing team when the team had been called Stryker. The team had a further investor which owned the Kingfisher beer...

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