Breach of contract: What is a 'material' breach? - Walker Morris
Apr 21, 2023 · Breach of contract: Back to basics. The basic, common law position [1] is that a contract can only be terminated if the actions of a breaching party go right to the core of the contract and substantially deprive the innocent party of the benefit the contract was intended to confer. (Such a breach is also known as a repudiation, or a repudiatory breach.)
Contract formation: What constitutes acceptance? - Walker Morris
Nov 24, 2016 · Acceptance is final and unqualified assent to an offer which must correspond exactly with the offer, with no variation of the terms. If, as in this case, a purported acceptance does not match the terms of the offer, then no contract is formed and, instead, a counter-offer is made. A common upshot in the commercial context is the so-called ...
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Walker Morris is a collection of diverse, talented, and specialist lawyers and professionals who provide highly tailored, long term, strategic legal advice to clients around the world. We encourage all our people to propose ideas, carry an entrepreneurial spirit, and to use lateral thinking and innovation to elevate our clients to greater success.
FCA’s new Consumer Duty: What firms need to know - Walker Morris
Sep 8, 2022 · FCA’s new Consumer Duty: What firms need to know. 8th September 2022 . On 27 July 2022 the FCA published its Policy Statement and Guidance on the new Consumer Duty that will require higher standard of customer care. Please see our earlier briefings for information on the consultation processes which led to the introduction of the new Duty.
Warranties and/or representations, and why it matters
Nov 24, 2016 · There is an important distinction between warranties and representations in English law and whether you want to give either or both of these to your counterparty will depend on your bargaining position and will differ from case to case. The High Court has recently highlighted this distinction in its analysis of the terms of a sale and purchase ...
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Misrepresentation claims: An essential update and practical advice
A misrepresentation is: an untrue statement of fact or law; of which a party is aware (this criteria represents a recent development in the law of misrepresentation. See below for more information); upon which a party relies in being induced to enter a contract; and. which thereby causes the relying party to suffer loss.
The Employment Rights Bill: What you need to know
Oct 11, 2024 · Published on Thursday, 10 October 2024, the government has described its Employment Rights Bill as the “biggest upgrade to rights at work for a generation”. It certainly covers a lot of ground. However, and importantly, the majority of the reforms will not come into force yet. Apart from turning back the clock on minimum service levels in ...
Building Safety Act 2022: What leaseholders need to know
Jul 13, 2022 · Building Safety Act 2022: What leaseholders need to know. 13th July 2022 . The Building Safety Act 2022 (the Act) received Royal Assent on 28 April 2022 and we provided an overview of the key elements of the Act after the final published version became available.. In this briefing, Construction & Engineering experts Paul Hargreaves and Sue Harris focus and expand on those aspects of the new ...
is it the right structure for you? - Walker Morris
The need for a Charitable Incorporated Organisation structure. Regulations giving effect to the Charitable Incorporated Organisation were approved on 3 December and come into force on 3 January. The Charity Commission is now accepting applications for registration of ‘brand new’ Charitable Incorporated Organisations with incomes of over £ ...