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We are delighted to announce we have opened a new office in Houston, Texas – our second in the State and ninth in the US.
Today we announced the launch of our in-depth report, 'Rewriting the risk: Addressing the challenges of climate change', which finds that the underwriting practices of (re)insurers are a major catalyst for change among businesses in the ongoing climate crisis.
Our latest global report finds that the insurance industry has a central role in building wider understanding about climate-related risks and in mitigating against those risks.
Case review 07/07/2022
Is a collateral warranty to a construction contract also classed as a construction contract? The answer had been taken for granted until a decision arose which found a particular collateral warranty was actually not a construction contract for the purposes of the Housing Grants (Construction & Regeneration) Act 1996. As a result, it did not include the statutory right to adjudicate, and an adjudication brought in relation to it was invalid for lack of jurisdiction.
This update includes a round-up of recent court decisions dealing with the definition of a construction contract, enforcement of adjudication decisions by companies subject to a CVA, pay less notices, contract interpretation and co-insurance.
The Privacy Commissioner for Personal Data (“PCPD”) recently issued a new Guidance Note for the Property Management Sector, in response to a series of recent complaints concerning the collection, retention, use and disclosure of personal data by property managers. It provides important guidance for property managers on complying with the Data Protection Principles (“DPP”).
The Economic Crime (Transparency and Enforcement) Act 2022 was given Royal Assent on 15 March 2022. The purpose of the Act is to set a global standard for transparency of real estate ownership, and to help eliminate foreign criminals from using UK property as a money laundering vehicle or in breach of sanctions.
The law of prescription is set to change on 1 June 2022, when Sections 5 and 13 of the Prescription (Scotland) Act 2018 finally come into force.
The State Opening of Parliament will take place on 10 May 2022, with the Queen’s Speech setting out the Government’s agenda and economic plans for the next session. We take a look at what new laws could be announced and what measures from last year’s Queen’s Speech are confirmed as being carried over.
In this report, Kennedys experts highlight recent legal and regulatory developments in the product safety and product liability sphere, and provide an overview of the key topics and trends that are likely to impact upon corporates and their insurers in the months ahead.