Richard Ellison

Richard Ellison

Morgan Lewis

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The Enforceability of Anti-Oral Variation Clauses

A recent ruling sets a precedent that no longer allows a contractual clause that purports to preclude variation other than in writing to be regarded as uniformly enforceable. In a recent case concerning the breach of an...more

7/6/2016 - Appeals Breach of Contract Contract Disputes Oral Modification Split of Authority Standard Contractual Clauses Supply Agreements Third-Party Writing Requirement

Provisions of UK Enterprise and Regulatory Reform Act Take Effect

New competition provisions may make it easier to prosecute cartel offences, but add additional exclusions and defences. On 1 April, the competition provisions of the UK’s Enterprise and Regulatory Reform Act (ERRA) came...more

4/4/2014 - Cartels Competition Act

UK FCA Issues First Fine Under New Anti-Money Laundering Regime

Financial Conduct Authority fines Standard Bank £7.6 million for failures in its anti-money laundering controls, underlining the importance of both having and implementing adequate policies in relation to money laundering....more

2/18/2014 - Anti-Money Laundering Bribery Corruption Due Process Financial Conduct Authority (FCA) UK

Deferred Prosecution Agreements to Be Introduced in the UK

Beginning in February 2014, the agreements may be used as a sentencing tool for corporate bribery, fraud, and other economic crimes. Under the UK Crime and Courts Act 2013, which received royal assent in April,...more

1/7/2014 - Compliance Deferred Prosecution Agreements SFO UK UK Bribery Act

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