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Latest Legal News

Latest Legal News

Using Arbitration To Manage The Risk Of Disputes In The Uncertain Brexit Era

Given the uncertainty of Brexit, arbitration could provide an opportunity for managing the risk of disputes with greater predictability and control. It should certainly be considered and weighed up at the time you enter into a new contractual relationship.

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Accessing The Insurance Policy Of An Insolvent Company: Making Life Easier

Nicholas McAndrew

The Third Parties (Rights against Insurers) Act 2010 comes into force on 1 August 2016.   It will make life easier for third party claimants who wish to benefit from the insurance policy of an insolvent company.   

The new law will help manage the risk of company insolvency by making it easier for a  third party to recover its full claim against the insolvent company from insurers, as opposed to sharing the company’s available assets (if any) with other creditors.

What is the problem?

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How To Avoid A €3billion Cartel Fine

Joanne Snedden, Solicitor

Last week, European competition regulators issued record-breaking fines amounting to just under €3billion to five members of a truck manufacturing cartel.  This level of fine is about double the previous record fine for cartel activity – sending a very strong signal from regulators that cartel activity will not be tolerated.

What’s the story here? 

The cartel in this case is said to have started with a meeting between senior managers in a “cosy hotel” in Brussels – but that is about as dramatic as this story gets (contrary to what Netflix’s Narcos

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