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Construction Brief: latest decisions March 2023
This update includes a round-up of recent court decisions and a CMA ruling dealing with breach of competition law, dispute resolution clauses and limitation, enforcement of an adjudication decision by a dormant company, terms and conditions of purchase orders and remediation compensation orders.
The Windsor Framework: implications for healthcare and life sciences industries
After years of Brexit uncertainty for businesses in the healthcare and life sciences sectors, the Windsor Framework was published on 27 February 2023 following extensive EU/UK negotiations. The Framework should pave the way for the smooth supply of medicines from Great Britain to Northern Ireland, much to the relief of industry stakeholders and patients alike.
Hong Kong Regulatory Insurance Update February 2023
In this February 2023 edition of Regulatory Insurance Update, the Hong Kong Corporate & Commercial Team provide the latest updates relating to the law and regulations, developments, and news in the insurance industry in Hong Kong.
One year on, the UK's effort to tackle dirty money has a mixed scorecard
The UK’s Economic Crime (Transparency and Enforcement) Act 2022 received Royal Assent a year ago with the background of the Russia-Ukraine conflict catapulting it into the UK at unprecedented speed. The Act has been of great interest to the insurance sector. The aim of the ECA was to thwart the flow of so-called “dirty money” into the UK by taking aim at overseas individuals seeking to launder money in the UK and/or greatly restricting their ability to transact with the UK’s financial system.
Possession at any rate?
In this article, we explain why landlords must act quickly to avoid a potential increase in compensation payable to their tenants in advance of changes to the rateable values of non-domestic property in England and Wales, which take effect on 1 April 2023.
The Spring Statement 2023 – Budget for Growth?
Chancellor, Jeremy Hunt, delivered this year’s Spring Budget after a cloud of disruptive events culminating in the collapse of the Silicon Valley Bank.
Data Protection and Digital Information Bill: briefing note
The Data Protection and Digital Information (No.2) Bill aims to reform the existing UK data protection regime following Brexit, namely the UK General Data Protection Regulation (UK GDPR) and the Data Protection Act 2018.
Commercial Brief innovation market insights - March 2023
As Kennedys launches its campaign on fostering innovation, we share our insights on the impact of artificial intelligence (AI) in the workplace, regulating AI in the life sciences sector and the novel risks inherent in modern technologies.
Fiduciary duties owed by trustees: an introduction
If you are not a professional trustee, it can often feel overwhelming having to comply with the far-reaching duties of being a trustee. Many trustees appointed under wills by the testator are lay trustees, not fully appreciating what the role involves. Here, we provide an introduction to the fiduciary duties of a trustee.
Duties of care owed by trustees: a brief guide
If you are not a professional trustee, you may not be aware that you have to carry out your duties, as a trustee when managing the trust, with reasonable skill and care. But what does this mean and how does it arise?