Commercial Court reaffirms approach to the issue of intention to create legal relations in contract formation
A binding contract requires the four elements of offer, acceptance, consideration and intention to create legal relations.
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A binding contract requires the four elements of offer, acceptance, consideration and intention to create legal relations.
According to a tweet from the National Grid, Friday 21 April 2017 was a landmark day because, for the first time in more than 130 years, Britain functioned as normal without turning on its coal-fired power stations. The country's daily electricity came from a combination of gas power plants (47%), nuclear plants (18%), wind farms (18%), solar panels (10%) and biomass (6%). Renewable power is an increasingly important part of our energy infrastructure.
The Supreme Court today handed down the final judgement in Walker v Innospec Limited. Mr Walker, with support from Liberty, has persuaded the Supreme Court to overturn the Court of Appeal's decision, winning his husband the right to a survivor's pension calculated on the same basis as if Mr Walker were married to a woman.
The Licensing Act 2003, which came into force in 2005, has recently been subject to scrutiny by the House of Lords. Its report, issued in April 2017, highlights some serious issues with the current system, and proposes some solutions which could bring the licensing regime closer to the planning regime.
Studies are increasingly showing that, by using sophisticated equipment and techniques to control noise levels and lighting options in modern offices, employers are improving their employees' health and wellbeing and productivity.
Last week we reminded you that the deadline for filing your online share plan returns for 2016/17 was 6 July. On Friday, HMRC published a bulletin acknowledging that the annual returns online service had experienced technical issues which prevented some returns from being submitted.
The deadline for filing your online share plan returns for 2016/17 is fast approaching.
The Government plans to create a register of beneficial ownership information for overseas entities that own or buy UK property or participate in UK central government procurement. The register is intended to help prevent UK property being used in money-laundering schemes and other criminal activities.
The new Code is appended to the Digital Economy Act 2017, which received Royal Assent on 27 April this year. Although the new Code is largely based on the old version, landowners and operators of digital services alike need to be aware of some key differences.
Travers Smith LLP’s Operational Risk and Environment team is delighted to be hosting this year’s International Environmental Lawyers Network Conference on 9 June.
In its recent report on UK Corporate Governance, the Business, Energy and Industrial Strategy Committee made recommendations for reforms that could, if adopted, mark a change in the structure of executive remuneration packages.
Concern has been expressed from several quarters about a perceived lack of transparency, at the point of sale, about the fees and other financial arrangements contained in leases of housing in two segments of our current new-build residential market; specialist retirement accommodation and leasehold houses.
Article 50 has been triggered and in March 2019 the UK will formally exit the European Union (EU). The status of EU nationals has been identified as an early priority for negotiations on the UK's exit. It is widely anticipated that controls will be introduced to limit the rights of EU nationals to live and work in the UK post Brexit.
Parties have settled the EMI guarantor assignment case. The controversial High Court decision still stands - a tenant cannot assign its lease to its guarantor.
The 2016/17 tax year ended on 5 April and any company operating employee share incentive arrangements (whether tax-advantaged or not) will need to file online returns by 6 July 2017. Failure to file on time leads to automatic penalties (initially £100 even if a return is just one day late) so we encourage you to submit your returns as early as possible.
Day one compliance is required.
The Government has been considering updating UK limited partnership law for some time and, following a consultation period, has introduced reforms with a view to simplifying the pre-existing law, reducing uncertainty and administrative costs and burdens, and ensuring that the UK remains an attractive and competitive location for private investment funds in comparison to other jurisdictions.
The UK's competition watchdog, the Competition and Markets Authority (CMA), has urged online sellers and suppliers of automated re-pricing software to learn from the example of a seller on Amazon Marketplace which was fined £160,000 for engaging in illegal price-fixing.