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Promises to take ‘reasonable endeavours’, ‘all reasonable endeavours’ or ‘best endeavours’ are commonly seen in commercial agreements. But how are they distinguished and when should they be used? Endeavours clauses aim to hold the performing party to a pre-defined degree of effort in achieving an objective. They are not absolute and unequivocal requirements to obtain […]
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In many cases, you won’t need to revisit the terms of contracts once signed if the words are clear and the relationship is harmonious. Unfortunately, sometimes disputes can arise and if the words in the contract are not clear enough you could end up asking a court to interpret what they mean. Broad principles of […]
The post The main principles of contract interpretation first appeared on Harrison Clark Rickerbys.
With divorce law recently changing to provide for ‘no blame’ divorces, you would be excused for thinking that the law relating to cohabitation has also changed for relationship breakdown. This is not the case; there is no legal framework totally dedicated to relationship breakdown for cohabitants. Remedies that may assist are drawn from a variety […]
The post Cohabitation agreements: are they necessary? first appeared on Harrison Clark Rickerbys.
In response to the recent escalation in Ukraine, the British government imposed extensive sanctions and asset freezes over individuals and corporate entities with links to Russia, effective from 24 February 2022. The implications of these sanctions have been highlighted in the recent administration application of VTB Capital, which is the UK arm of Russia’s second-biggest […]
The post The case of VTB Capital plc and the impact of sanctions first appeared on Harrison Clark Rickerbys.