Interpreting reasonable endeavours: an obligation to try

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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The main principles of contract interpretation

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 […]

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Cohabitation agreements: are they necessary?

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 […]

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The case of VTB Capital plc and the impact of sanctions

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 […]

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Have you considered data protection in your supply chain?

While most businesses now have privacy policies in place and an awareness of how to manage their customers’ personal data on their own systems, we are still seeing many businesses that are relatively unaware of their data protection obligations in supply chains. Just as there is a supply chain, there should also be a corresponding […]

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China is refunding tax to subsidiaries of foreign companies

Changes to export tax refund policies in China are already helping foreign business to compete there and on the international market. The change began in April when Chinese tax authorities issued a new notice supporting export tax refund policies, strengthening the connection between export credit insurance and tax rebates. Insurance pay-outs are treated as payment […]

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Legal considerations of NFTs in sports

The sports industry has always had to evolve and adapt to new technologies, often in a concerted attempt to engage with its fan base and its commercial partners. Some sports have been better at this than others and the use of non-fungible tokens (NFTs) is quickly becoming an alternative means of fan engagement. NFTs, digital […]

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Handling the consequences of a GDPR breach; top tips

Four years on, and many businesses are still getting to grips with the Data Protection regime that came into effect with the UK General Data Protection Regulations (GDPR). Some well-known companies have been stung for not following the regulations, including a whopping €746m fine for Amazon last July (assumed to relate to cookie consents) and […]

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The limitations of a property and financial affairs LPA; why advice is essential for attorneys

Planning ahead may mean that someone wants to create a lasting power of attorney (LPA) to appoint an attorney – someone they know and trust, who does not need to have legal qualifications – to make decisions on their behalf. These decisions can cover their property and their finances. The Property and Financial Affairs LPA […]

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