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Law Commission’s final report on digital assets: What’s new?

Eleven months after the publication of its monster consultation paper, the Law Commission has published its final report on Digital Assets. Last time, tongue in cheek, we likened the hype to that for “Top Gun: Maverick”,...more

UK - Law Commission on digital assets: five key takeaways

Lawyers face a steep learning curve when it comes to cryptoassets and distributed ledger technology. So, it's no surprise that the Law Commission’s consultation paper on digital assets comes out at a whopping 548 pages....more

Lost your bitcoin private key? Bitcoin developers are not required to grant you access

Buyers of bitcoin beware: if you lose your online banking password or PIN the solution is to contact your bank and ask for a new one. However, if you lose the private key to your bitcoin, the High Court has confirmed that...more

When misappropriated cryptoassets disappear into the ether: key lessons in recovery

If someone runs off with your cryptoassets, recovering them can quickly become time-consuming and complex....more

Entire agreement / non-reliance clause didn't help dodge the factual matrix

“Entire agreement or non-reliance clauses may prevent the use of extrinsic evidence to establish additional terms and collateral agreements, or claims based on warranties or misrepresentations. However, subject to the wording...more

Inducing a subsidiary’s breach of contract: Parental Misguidance

Is a parent company liable if it restructures its operations and a now disused subsidiary is prevented from meeting its own contractual obligations? In Kawasaki v Kemball, the Court of Appeal held that the parent neither...more

Solving the Crypto-Crossword

UK Developments in the Legal and Regulatory Treatment of Cryptoassets - Cryptoassets? What are they? Over 11 years after Satoshi Nakamoto published his white paper “Bitcoin: A Peer-to Peer Electronic Cash System”,...more

Rectification revisited by the Court of Appeal

The Court of Appeal has clarified that the correct test for rectification of a contract for common mistake will depend on whether or not there is a prior concluded contract (eg an oral agreement). If there is, an objective...more

10/23/2019  /  Appeals , Contract Terms , Rectification , UK
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