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An American energy company called PPL bought one of many state-owned British utilities privatized in the 1980s. In 1997, PPL thus became subject to the U.K.'s new "windfall tax," which was based in part on "profit-making...more
With the increasing globalization of business, companies are regularly faced with choosing governing law for cross-border construction contracts. Invariably, for private international law, English law is a contender. This...more
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