Can I catch a break?

As of 1 June 2022, post Brexit Britain implemented a new Vertical Block Exemption (VABEO) to replace the EU VABER. VABEO contains interesting new changes to the Hardcore Restrictions. Here’s one that will affect all relevant vertical relationships including those in the motor trade and beyond.

Delaying the right to terminate may lead to losing your right to terminate a contract.

A new report highlights the modern slavery risk in the construction sector.

Liquidated Damages (LD) are paid pursuant to a contractual agreement between the parties as to what happens in the event that say completion of a project is delayed or a fleet of vehicles are returned each having exceeded the agreed mileage. LD’s are not a debt owed by the contractor to the recipient but a secondary obligation consequent on breach.

Shareholder dispute over share valuation.

Disqualification of Director for gambling with the position of creditors.