Explore the issues and problems that corporate and commercial law deals with, and evaluate and critique the law as it exists. The severity of the global economic downturn caused by the pandemic forced half of the world’s countries to ask the International Monetary Foundation (IMF) for a bailout in 2020 and is likely to see the global economy shrink by 3% (and the UK economy by 11%) – the biggest crash since the 1930s. About Lex Caribbean’s Expertise www.lexcaribbean.com We add value by helping you navigate the data privacy and cybersecurity landscape. Viele übersetzte Beispielsätze mit "commercial issues" – Deutsch-Englisch Wörterbuch und Suchmaschine für Millionen von Deutsch-Übersetzungen. In April 2020, the Home Office published guidance on reporting modern slavery during the coronavirus pandemic. This guide rounds up a range of key commercial stories and talking points from 2020. We are therefore concerned that their merger could lead to secondary ticketing customers facing higher fees and lower quality services.” The takeover has been described as the “worst deal in history” after it was completed shortly before the pandemic shut down the vast majority of live events around the world, and now the CMA says that Viagogo must address its concerns, potentially by selling all or part of StubHub. There are over 500,000 outstanding cases in magistrate’s courts and 50,000 crown court cases still waiting to be heard. Facebook is also facing legal action, following its failure to protect almost one million users’ personal data in England and Wales in the Cambridge Analytica breach. Disney in “unprecedented” copyright fight. What is the impact of covid-19 on the economy? India and South Africa proposed the waiver, but the idea is opposed by countries including the UK, US and Switzerland. Skip to main content. Practical Law Commercial covers topics including General contract and boilerplate, Supply of goods and services, General commercial and E-commerce A trade deal was agreed between the UK and EU on 24 December 2020, enabling businesses on both sides to continue trading without the imposition of tariffs or quotas, but with the introduction of some border checks. Commercial Law Developments 2020-2021 2:30 PM EDT Teresa Wilton Harmon and Steve Weise will review key highlights and lowlights in the courts concerning secured transactions and related subjects. Explore the legal landscape via our range of videos, podcasts and webinar recordings. A Law Society survey of 250 firms found that corporate and commercial practices were the least affected in terms of their ability to continue working through the first UK lockdown, but property, conveyancing, probate and wills services were significantly disrupted by court closures and difficulties ensuring the proper execution of documents under social distancing restrictions. The 2020 stock market crash (or Coronavirus Crash) began on 20 February 2020 and ended on 7 April. Commercial Law Developments 2020-2021. As an applicant, you are not expected to be an expert but must be prepared to hold your own in a conversation with a panel of partners in an interview. According to CB Insights, global fintech funding increased 17% in the second quarter of 2020. “Microsoft Teams is eating Slack’s lunch.”. The act introduced temporary and permanent changes to insolvency law to help businesses cope with the economic impact of the coronavirus pandemic. Whether you are looking to refresh your contract drafting skills or to hear about recent decisions and current developments, the conference will offer practical tips and updated guidance through best practice, case law update and specialised insights. The judge has found that Coleen’s post told a ‘whodunnit’ story and pointed the finger firmly at Rebekah for having personally abused her status and made a great deal of information about Coleen public. Some experts have warned that the logjam of cases concerning the most serious criminal offences could reach 195,000 if no action is taken. In the UK, the Coronavirus Job Retention Scheme was introduced to mitigate some of the effects of emergency public health restrictions on companies and employees, with the state paying out £43 billion to cover furloughed employees’ wages as of December 2020. In the insurance sector, the RSA recommended that its shareholders support a takeover bid worth $7.2 billion by Canada’s Intact Financial and Denmark’s Tryg. The decision stands to hugely benefit Finnish telecoms company Nokia, which has agreed to become BT’s largest equipment provider and replace Huawei in the UK’s 2G and 4G networks. Keeping up with current affairs and thinking critically about what you watch, listen to and read are important habits to develop. Indonesia Issues Implementing Regulation for E-commerce Sector: Key Features. Facebook says that “antitrust laws exist to protect consumers and promote innovation, not to punish successful businesses.”, Amazon accused of abusing dominant market position. … What is the impact of covid-19 on the legal sector? Ready to take the next step in your career? JIPITEC 11 (1) 2020 Mergers and acquisitions (M&A) fell at the outset of the pandemic, but news of multiple covid-19 vaccines and the conclusion of the 2020 US presidential election has encouraged parties to revisit planned transactions and plan new moves in their markets. What’s next for Waitrose? What is the impact of Brexit on the economy? Covid-19: Practical guidance on significant commercial and legal issues June 2020 Coronavirus disease 2019 (Covid-19) was declared a public health emergency of international concern by the World Health Organisation on 30 January 2020. The Office for Budget Responsibility expects the number of people unemployed to reach 2.6 million people in Summer 2021 – 7.5% of the working population. This handbook guides attorneys through the process of creating, formatting, and modifying contracts. The competition watchdog’s chair, Stuart McIntosh, said: “The evidence we’ve seen so far consistently points in the same direction – that Viagogo and StubHub have a market share of more than 90% combined and compete closely with each other. This is the thirty-second issue of JIPITEC, launched in August 2020. Other venerable high street brands have also failed to survive. Practice rights in Europe are a key Brexit concern for the UK legal profession, with the All-Party Parliamentary Group (APPG) on Legal and Constitutional Affairs reporting back in 2018 that “mutual recognition of professional qualifications, rights of audience and the ability to practise and establish firms in EU member states has benefited the UK legal services sector, providing a large net contribution to the UK economy.” Thousands of UK solicitors invested in Irish qualifications in an effort to maintain their rights to practise in the EU after Brexit, but their hopes were dashed when the Law Society of Ireland insisted that solicitors must be based in the republic to qualify, not the UK. And even then, it’s 1,319 days for the average rape case to go through the system from actual offence to completion.”. The Commercial Question is a weekly article written by a leading firm designed to get you thinking about commercial issues. Commercial awareness is a vital skill for trainee solicitors. Current Issue; Archive; Contacts; Submit an article; Electronic scientific publication "Public Administration and National Security" About the magazine; Rules; Payment and discounts; Current Issue; Indexing the Journal; Editorial team; Contacts; Submit an article; Сonference; Monographs; Services. Only 1–1.5% of [reported] rapes result in charges. The scheme also provided no support to some particularly vulnerable groups, with thousands of migrant workers in low-paid roles in the agricultural sector falling into poverty because they don’t qualify for access to the UK welfare system or the Job Retention Scheme. [...] business are subject to technological and mechanical issues, for example the possibility of innovations being unsuccessful, the effects of operating sites and operating conditions on profitability, the competition, commercial legal protection, assembly and construction risks, the [...] Now reading : Law of 10 August 1915 on commercial companies (in force as at 1st January 2020) We are pleased to announce the publication of the latest update of the English translation of the legislation relating to commercial companies authored by Partner Philippe Hoss, who published the first translation of the Luxembourg company law in the 1990s and has ensured its regular update since then. Due to the global outbreak of Covid-19, many businesses are confronted with serious commercial consequences, such as delays in the delivery of goods and services, and may look for ways to mitigate the impact on contractual performance. Commercial law involves legal problems that can occur in the running of businesses and commercial transactions. Law Society President Simon Davis and Bar Council Chair Amanda Pinto QC have both warned that the legal profession will not be able to cope, with the lack of government support during the crisis reducing the long-term availability of legal services. The financial impact of the pandemic on law firms has varied depending on each firm’s range of specialisms, size and liquidity. Debenhams’ liquidation, with the potential loss of 12,000 jobs, shows how previously sound business models have been rendered obsolete by changing consumer habits and the dominance of Amazon. To stay in touch with the latest developments, please bookmark this page on your mobile or register to receive eAlerts. The justice system was struggling with underfunding and an increasing backlog of cases before the pandemic, but court closures and reduced capacities in court buildings have worsened the situation into a crisis. Parliament passed the Corporate Insolvency and Governance Act 2020, which came into force on 26 June 2020 in a bid to help struggling businesses. Eliminating modern slavery from the supply chain continues to be a key issue for the construction industry. The biggest initial public offering (IPO) of the year was that of Airbnb, with the rental firm’s debut share price on the Nasdaq exchange doubling in a frenzy of trading. We've identified 10 important regulatory challenges businesses face in 2020, and how each can impact you. All issues; 2020 Census; Cybersecurity; Export and investment promotion; First responder network; Fisheries and aquaculture; ICT Supply Chain; Infrastructure; Intellectual property; Investing in communities and workers; Manufacturing; Minority business growth; Regulatory reform; Space commerce; Trade enforcement; Weather and satellites Then discuss and evaluate the law as it exists. 19TH CARIBBEAN COMMERCIAL LAW WORKSHOP 2020 | UWI Cave Hill. Meanwhile, secretive software and analytics company Palantir (named after magical video call stones in The Lord of the Rings) floated via direct listing, ending its first day of trading valued at $21 billion. Why are Star Wars paperbacks important from an IP perspective? British businesses borrowed £34.5 billion in the second quarter of 2020 – 50% more than in the whole of 2019. The US government is suing Facebook in an attempt to force the company to sell assets such as Instagram and WhatsApp, alleging that Facebook dominates too much of the market and stifles competition. This reference guide details the fundamentals of contract formation, modification, and performance as well as more complex contract issues, such as disputes and litigation, assignment and delegation, breach of contract and nonperformance, and void contracts. ), on a continuous basis, how to address the threat posed by Covid-19 to their workforce, customers, suppliers and wider stakeholders. In July, the government announced that UK mobile providers can no longer buy new Huawei 5G equipment over concerns about the firm’s relationship with the Chinese government. Contract lawyers from Linklaters. But while the pandemic placed huge pressure on Arcadia, the group’s brands were already ailing because of a failure to respond to massive structural change in the retail industry driven by digital disruption. All a publisher would have to do to break a contract would be to sell it to a sibling company.”. Let’s look at some key stories that made headlines in 2020 across various practice areas and consider how they overlap and interact. You will explore the issues and problems that corporate and commercial law has to deal with. Re:link. However, questions were asked about a lack of forward planning when employers proceeded with job cuts in anticipation of the furlough scheme ending in October, only for it to be extended at the last minute. But the impact on the UK's services sector - the largest part of the country's economy - remains uncertain. However, the deal was not as comprehensive as many businesses wanted, with important areas of the UK economy, such as the financial sector, still facing uncertainty. The banking sector continues to transform with the rise of digital-only neobanks, tech companies, and non-traditional entrants to the financial services market. Josh Richman is the senior editorial manager of LawCareers.Net. JIPITEC, the „Journal of Intellectual Property, Information Technology and Electronic Commerce Law“ is an online journal for current issues of intellectual property, information technology and E-commerce law. If the parties have not agreed to a forum in their initial agreement, the issue will need to be solved on the basis of conflict of law rules. In other words, they believe they have the right to publish work, but are not obligated to pay the writer no matter what the contract says. “This is a stellar exit strategy for Slack,” said Kate Leggett, an analyst at Forrester Research. The Commercial Law World (CLW) magazine reports changes and developments in the commercial collections sector utilizing an editorial board of leading industry insights. Some of the products are offered on a subscription basis. The EU has charged Amazon for allegedly using its market dominance to gain an unfair advantage over competitors. As a result, law firms will loosen the purse strings to get the right team in to get things right first time, saving a lot of expense and frustration in the long run. Covid-19: The impact of the novel coronavirus outbreak on commercial contracts in 15 jurisdictions, Covid-19: Restrictions on creditor rights, relaxation of obligations to file and other insolvency-related reforms/proposals. See the Comprehensive Index of Legal Reports for our complete list of reports. Clients that come to commercial law firms include large businesses, governments, banks, insurance companies and more. It won’t be enough to show that the leak simply came from her account or people operating it.”, To speed up and simplify the construction of new homes across England, Prime Minister Boris Johnson has revealed planning reforms to limit local councils’ ability to oppose future developments. CLW magazine is a hub of opportunities where key decision makers collaborate with each other, celebrate their successes and where connections are created, and it is FREE with your membership. Contract Law 2020 Edition. There were just three mergers across the entire UK legal sector – a 70% drop on the 10 completed in 2019 – and all three were completed before the first UK lockdown began on 16 March. Our tracker contains an overview of changes made in light of the Covid-19 outbreak which impose restrictions on creditor rights, relax debtor obligations to file for insolvency or concern other insolvency-related issues. What is the impact of Brexit on the legal sector? Meanwhile, news that late-stage trials of Moderna’s new vaccine had proved 95% effective sent stocks falling among ‘stay at home’ businesses such as Netflix, Zoom and Peloton. You can browse, search or filter our publications, seminars and webinars, multimedia and collections of curated content from across our global network. Foster’s Star Wars books, which include the novelisation of the original film’s screenplay, are still in print and sold by Disney, and Foster is asking Disney for back royalties as well as any future royalties, or to cease publication. A solicitor needs to know what is going on in the world and to consider how it might affect their firm and clients. This page highlights the most recent reports. And elsewhere, after months of speculation that bread maker Hovis would be changing owners and bids from firms including Newlat, the venerable bakery brand was finally bought by private equity firm Endless. To help you navigate regulatory requirements across regions, we have collated a range of key cross-border content. If we let this stand, it could set precedent to fundamentally alter the way copyright and contracts operate in the United States. To assist businesses manage their contractual relationships in light of the rapidly changing Covid-19 situation, we have, across a multitude of jurisdictions, collected principles of potential relevance to a variety of commercial contracts. To help you navigate and control risk in a challenging legal landscape, we have collated a range of key advice and guidance. The monopoly of big tech firms remains at the forefront of competition regulators’ concerns. And while 2021 travel restrictions between the UK and EU were always a possibility in the event of a no-deal Brexit, few would have predicted a year ago that a travel ban would be guaranteed anyway, because of a global pandemic. Media litigation specialist Matthew Dando commented: “Whilst it is Rebekah Vardy suing for libel, it is Coleen who has to prove the truth of what she said in order to defend the claim. Businesses such as law firms, banks and accountants will lose their automatic right to sell their services in the EU and may face some restrictions on how they can operate. But lawyers will have an essential part to play as we navigate the crisis. The guidance highlights how covid-19 might give rise to new slavery risks, with the pandemic making more workers vulnerable to exploitative practices such as not paying statutory sick pay, late cancellations of orders, late payment for supplies and inadequate or no grievance procedures. The best news of the year came when the Pfizer/BioNTech vaccine was approved for use in the UK, with rollout now underway for the most vulnerable groups and hope for economic recovery to begin. Translation of scientific articles; Outsourcing for scientific journals ; OJS ; Archive. Explore our latest insights to keep abreast of key legal developments.