News & Analysis as of

Supply Contracts United Kingdom

BCLP

Fair Payment Practices: Recent Developments

BCLP on

In this Insight, first published in PLC, Jennifer Badham discusses various attempts to address late payments and long payment terms that are a common problem in construction industry supply chains, including two recent...more

Sullivan & Worcester

Interpreting your contract in the wake of Russian sanctions – Commercial questions to consider

Sullivan & Worcester on

Given the recent expansion of the regulatory landscape in light of the ongoing events in Russia and Ukraine, namely the imposition of extensive sanctions on Russia (and certain Russian banks and nationals), there has been a...more

Goodwin

UK Corporate Insolvency and Governance Act 2020 Brings Significant Changes to Law

Goodwin on

The Corporate Insolvency and Governance Act 2020 received royal assent on 25 June 2020. Many of the provisions of the act are based on the bill which was initially proposed pre-COVID-19, with a framework having been set out...more

Morgan Lewis

UK Corporate Insolvency and Governance Act 2020: Protection for Cape Town-Registered Interests

Morgan Lewis on

The Corporate Insolvency and Governance (CIG) Act 2020, which was enacted on 25 June 2020, introduces a number of permanent changes to the insolvency and restructuring framework in the United Kingdom, some of which have...more

Goodwin

UK Corporate Insolvency and Governance Bill Proposes Significant Changes to Law

Goodwin on

The Corporate Insolvency and Governance Bill (the Bill) had its first reading in the House of Commons on Wednesday 20 May 2020. It will next be considered on 3 June. It is expected to be enacted into law in late June or early...more

Akin Gump Strauss Hauer & Feld LLP

Corporate Insolvency and Governance Bill

The Corporate Insolvency and Governance Bill (the “Bill”) was laid before Parliament on 20 May 2020 and represents the most extensive changes in the insolvency landscape since the Enterprise Act came into force in 2003. Many...more

Dechert LLP

COVID-19: Suspension of Contractual Rights and Obligations in Singapore (and Possibly Soon Elsewhere)

Dechert LLP on

Contractual rights agreed in the past may look very different today and may not be enforceable tomorrow, but (strangely) could be in the future. Such are the historic times we are living through. ...more

BCLP

Ofgem Guidance on the Need for a Supply Licence for Supplying Electricity to Chargepoints and EVs

BCLP on

Ofgem has issued guidance on when a supply licence may be needed for supplying electricity to electric vehicle chargepoints. This article takes a look at the guidance and sets out what it may mean for the EV industry....more

White & Case LLP

Hard or Soft Brexit – does it matter for the origin of goods?

White & Case LLP on

The United Kingdom (UK) leaving the European Union (EU) will inevitably result in difficulties for businesses using UK content in their products for export under EU Free Trade Agreements, or for UK businesses using EU content...more

Vedder Price

Global Transportation Finance Newsletter - June 2017

Vedder Price on

So, what is LIBOR? LIBOR—the London Interbank Offered Rate—is one of the most ubiquitous benchmarks for determining short-term interest rates in bank (and other) lending. LIBOR rates are short-term fixed rates quoted for...more

A&O Shearman

Contractual compensation scheme in long-term gas supply agreement excludes common law remedies

A&O Shearman on

Scottish Power UK Plc v BP Exploration Operating Co Ltd & ors [2016] EWCA Civ 1043, 1 November 2016 - The Court of Appeal considered the validity and scope of an industry-standard contractual provision specifying the...more

King & Spalding

Letters of credit, on-demand bonds, and the "fraud exception"

King & Spalding on

On the 9th of September 2014, the Privy Council in the United Kingdom delivered a judgment in Alternative Power Solution Ltd. v. Central Electricity Board reaffirming the established principle that, other than in cases of...more

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