Iain Wright

Iain Wright

Morgan Lewis

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English Court Finds Shareholder Default Provisions Unenforceable as a Penalty

Decision serves as a reminder that careful consideration should be given to provisions dealing with the consequences of breaches of restrictive covenants and other terms of commercial agreements....more

12/12/2013 - Breach of Contract Contract Drafting Penalties Restrictive Covenants Shareholders UK Void and Unenforceable

UK Financial Services Authority Sets Precedent Under New Penalty Policy

FSA's methodology for calculating financial penalties is expected to lead to significantly higher fines than in the past. On 18 March, the UK Financial Services Authority (FSA) published a final notice imposing a fine...more

3/20/2013 - Financial Services Authority Fines Penalties

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