Private enforcement of competition law: the new UK landscape
|
|
- Dora Townsend
- 6 years ago
- Views:
Transcription
1 Private enforcement of competition law: the new UK landscape Ruth Allen Euan Burrows Duncan Liddell 24 September 2015
2 Introduction Arriva v. London Luton Airport (Stand-alone abuse of DP) Ministry of Defence v. BA (Damages Air transport) Peugeot- Citroen v. Pilkington (Damages Car glass) National Grid & ors. v. Prysmian & ors. (Damages HV cables) Arcadia Group Brands & ors v. Visa Inc. & ors (Damages Card fees) Significant growth in private enforcement of competition law in the UK Carewatch v. Focus Caring (Stand-alone enforceability of non-compete clause) Google Redress and Integrity Platform (Damages search services etc.) Dahabshiil Transfer Services Ltd v. Barclays Bank (Stand-alone refusal to supply) Vodafone v. Infineon, Renesas (Damages Smart card chips) Packet Media v Telefonica (Stand-alone abuse of DP interim injunction)
3 New legislative landscape in UK UK Consumer Rights Act Royal Assent granted 26 March 2015 Enters into force 1 October 2015 Revised CAT Rules Draft rules relating to collective actions published in draft in March 2014 Consultation on full revised CAT Rules in March 2015 Final version published September 2015 EU Damages Directive Entered into force on 26 December 2014 Must be implemented into UK law by 27 December 2016 EU Recommendation on Collective Redress Published in June 2013 Recommended implementation by June 2015, but not legally binding
4 Key areas for discussion UK class actions: new collective actions and collective settlement regimes The new CAT: expanded jurisdiction and fast-track procedure Making amends: voluntary redress schemes Impact of EU Damages Directive Concluding thoughts: practical impacts
5 Reform of collective actions regime Intended to make it easier for individuals and businesses to bring a collective damages claim Class representative brings claim on behalf of (potential) claimants Damages calculated by reference to entire class of (potential) claimants New opt-out regime May not need to identify all individual claimants in advance Available in follow-on and stand-alone cases Applies to claims brought on or after 1 October 2015 Position where pending appeals/investigations unclear (CAT Rule 119)
6 Opt-out collective actions: safeguards Various safeguards in place to address concerns about US-style class actions Strict certification process before the CAT CAT will decide if opt-in or opt-out regime appropriate Strength of claims Whether opt-in proceedings would be practicable Opt-out only applies to UK-domiciled claimants Focus on compensation for loss: no treble or exemplary damages Costs: loser-pays rule maintained; costs payable by class representative Funding: contingency fees prohibited
7 Opt-out collective settlement regime Defendants may seek to settle a collective claim Negotiate with class representative New regime allows collective settlement on an opt-out basis Binding on all UK-domiciled represented persons/class members unless expressly opt out Non-UK domiciled claimants may opt-in Apply to CAT for approval of the settlement CAT considers whether just and reasonable CAT Rules list relevant factors Possible for any unclaimed balance of settlement to revert to defendants Contrast with position if damages awarded at trial
8 Key issues Increased risk of consumer claims in UK? B2B class actions? UK as hub for class actions? (non-uk opt-in) Funding issues? Collective settlements?
9 Expansion of CAT s jurisdiction CAT will be able to hear stand-alone as well as follow-on cases Will also be able to grant injunctions (including interim) Intended to make the CAT the main forum for competition law claims in the UK Significant increase in workload for the CAT Sufficient resources? More panel members/chairmen required?
10 Fast-track procedure Intended to facilitate access to redress by speeding up claims process and capping costs Final hearing within six months of allocation Cost-caps: level determined by CAT on case-by-case basis CAT will decide if case is suitable for fast-track Intended to be used for simpler cases with focus on injunctive relief (new CAT power) Not limited to cases involving SMEs Unclear whether mutual consent of parties required where case involves two larger companies Not available for collective actions or novel cases
11 Fast-track procedure in the CAT CAT will take variety of factors into account in allocation decision Whether one of the parties is an individual or an SME Time estimate for hearing: 3 days or less Complexity and novelty of issues involved Number of witnesses (including experts) Scale and nature of documentary evidence and likely extent of disclosure Nature of remedy being sought If damages claim, amount of damages sought
12 Key issues Will the CAT now offer a genuine alternative to: High Court injunctions? Complaints to NCAs? Will the fast-track procedure achieve its aim in facilitating redress? How frequently is the fast-track procedure likely to be used in practice? What is a non-complex competition law case? Abuse of dominance cases/contractual restrictions/antitrust infringements Will larger businesses consider using the fast-track procedure and, if so, in what type of cases? Will big business be the victim?
13 Voluntary redress schemes Alternative for infringing businesses who want to preempt private actions and benefit from reduced fines Up to 20% reduction in fines if offer an approved redress scheme Apply to CMA or relevant sector regulator for approval 2 main aims: facilitate redress for victims of competition law infringements enable infringing businesses to offer compensation quickly at lower cost CMA final guidance published 14 August 2015 Sector regulators expected to follow same approach
14 Voluntary redress schemes CMA/regulator role limited to approving schemes which comply with Regulations Specified process must be followed Scheme must include certain basic information and terms Details of scheme including level of compensation determined by independent Chairperson and Board Chairperson appointed by applicant Applicant determines key parameters of scheme and communicates these to Chairperson/Board Applications can be made before or after infringement decision issued But approval can only be granted after/at same time as infringement decision
15 Voluntary redress schemes: pros and cons Pros Up to 20% reduction in fine in addition to other discounts Reduce likelihood of collective damages action? Quicker process than litigation scheme approval within 3 months No requirement to pay compensation into upfront pot only pay out to those who actually claim Applications/supporting documents generally withheld from disclosure to third parties Cons Risk of fine inflation (reduction from what?) Risk of separate private actions remains not a clear-cut solution Liable for costs of operation of scheme and CMA s costs in approving scheme No specific adverse costs consequences if claimant rejects redress offered and obtains less in private action No absolute protection from disclosure of related documents to third parties
16 Key issues Will the 20% reduction in fines act as a real incentive to seek approval of a redress scheme? Would businesses consider setting up voluntary redress scheme without seeking formal CMA approval? How do voluntary redress schemes interact with opt-out collective settlement?
17 EU Damages Directive Introduces basic minimum framework in all EU Member States for antitrust damages actions Intended to encourage private enforcement by individuals and businesses Significant changes for many jurisdictions Must be implemented into national law by 27 December 2016 But does not address every important issue: Choice of jurisdiction Collective actions Costs and funding Interim injunctions in stand-alone actions
18 Level playing field across EU? Follow-on actions will be possible in all EU Member States Infringement decision by NCA will be binding on the national court in its home member state Principle of joint and several liability will apply in all EU Member States Minimum disclosure requirements Limitation period must be at least 5 years Suspended during investigation by European Commission or NCA Does not re-start until at least one year after infringement decision becomes final or proceedings terminated Also suspended during any consensual dispute resolution negotiations
19 England & Wales still a forum of choice? EU Damages Directive only provides for minimum requirements Still scope for variation between EU Member States England & Wales likely to remain a popular choice for claimants Wider pre-trial disclosure requirements Availability of funding Experienced judges and legal advisors If choice of jurisdiction available, e.g. global cartel: Use of UK subsidiary as anchor defendant Need not be an addressee of the infringement decision (KME Yorkshire v Toshiba Carrier) Jurisdiction remains seized even if settle with anchor defendant (CDC v Akzo Nobel & ors)
20 Key issues Relationship between Damages Directive and the UK reforms? Class actions More active CAT UK jurisdiction of choice
21 Conclusions Continued growth of UK private enforcement Damages actions become default consequence for EU cartels Will we see consumer/indirect purchaser claims? Damages settlements the default cost of anti-competitive behaviour Impact upon leniency applications
22 Contact details Ruth Allen Senior Expertise Lawyer T: +44 (0) E: Euan Burrows Partner T: +44 (0) E: Duncan Liddell Partner T: +44 (0) E:
23 Private enforcement of competition law: the new UK landscape These materials are for training purposes only and are not intended to be a comprehensive review of all developments in the law and practice, or to cover all aspects of those referred to. Please take legal advice before applying anything contained in these materials to specific issues or transactions. For more information please contact the presenters or your usual contact
Response to CMA consultation document: guidance on the CMA s approval of voluntary redress schemes
www.oxera.com Response to CMA consultation document: guidance on the CMA s approval of voluntary redress schemes 29 March 2015 Consultation response 1 Introduction Oxera Consulting LLP ( Oxera ) is an
More informationThe Impact of Brexit on Competition Law
1 Brexit Paper 17: Competition Law Summary Competition enforcement and current levels of consumer protection will be severely weakened unless post-brexit arrangements allow UK consumers to rely on decisions
More informationPart II: Handling Conflicts of Interest between Insured and Insurer: The Lawyer s Dilemma
Handling Professional Indemnity Coverage Issues in Cases of Suspected Fraud Part II: Handling Conflicts of Interest between Insured and Insurer: The Lawyer s Dilemma Alison Padfield Devereux A. Introduction
More informationSession 105 Class Actions
Session 105 Class Actions Ann Rose Stouthuysen Sun Microsystems, Inc. Daniel L. Bühr Schindler Management LTD J.B. Simko Philip Morris International Management S.A. Jacques-Antoine Robert Simmons & Simmons
More informationSUMMARY OF THE LEUVEN BRAINSTORMING EVENT ON COLLECTIVE REDRESS 29 JUNE 2007
SUMMARY OF THE LEUVEN BRAINSTORMING EVENT ON COLLECTIVE REDRESS 29 JUNE 2007 COLLECTING THOUGHTS AND EXPERIENCES ON COLLECTIVE REDRESS The event was opened by Commissioner Meglena Kuneva who gave a key-note
More informationUK Employment Law Update September 2015
Webinar UK Employment Law Update September 2015 Paul Callegari, Partner and Practice Group Co-Ordinator Labor, Employment and Workplace Safety Copyright 2014 by K&L Gates LLP. All rights reserved. Presenter
More informationBest Practices in Arbitration for Hospitality Cases
Mr. Pucciarelli Hospitality Law Best Practices in Arbitration for Hospitality Cases Pros and Cons of Arbitration Compared to Mediation, Expert Determination and Litigation By Albert Pucciarelli, Partner,
More informationASSOCIATION OF PERSONAL INJURY LAWYERS Standard of competence for Litigators
ASSOCIATION OF PERSONAL INJURY LAWYERS Standard of competence for Litigators INTRODUCTION Standards of occupational competence Standards of occupational competence are widely used in many fields of employment.
More informationA short guide to the Intellectual Property Enterprise Court
A short guide to the Intellectual Property Enterprise Court The Intellectual Property Enterprise Court 3 What is the Intellectual Property Enterprise Court? 3 How can I expect the IPEC to differ from the
More informationArbitration Study. Report to Congress, pursuant to Dodd Frank Wall Street Reform and Consumer Protection Act 1028(a)
Arbitration Study Report to Congress, pursuant to Dodd Frank Wall Street Reform and Consumer Protection Act 1028(a) Consumer Financial Protection Bureau March 2015 1.4 Executive Summary Our report reaches
More informationConditional Fee Agreement Explanation Leaflet. What you need to know about the CFA
Conditional Fee Agreement Explanation Leaflet. What you need to know about the CFA 1) Explanation of words used (a) Appeal - Any action taken to challenge a final or interim decision of the court (b) Applicable
More informationUK Government Proposes Landmark Reform of Competition Law
UK Government Proposes Landmark Reform of Competition Law SUMMARY The United Kingdom Government has published detailed proposals to reform UK competition law. The proposals are set out in three separate
More informationGuide To Litigation Costs And Funding
Guide To Litigation Costs And Funding This Guide provides a summary of how to fund litigation in the courts of England and Wales, i.e. bringing or defending a claim, before and after the issue of court
More informationThe next chapter: life after settlement
ARTICLE SEPTEMBER 2015 In this article, Tim Blanchard and Mohan Rao examine some of the problems and ensuing challenges facing corporates following settlement with only a sub-set of regulators. INTRODUCTION
More informationHONG KONG COMPETITION ORDINANCE JANUARY 2015
BRIEFING HONG KONG COMPETITION ORDINANCE JANUARY 2015 THE ORDINANCE WAS PASSED IN JUNE 2012, BUT WAS ONLY PARTIALLY IMPLEMENTED IN JANUARY 2013 SINCE THEN THE HONG KONG COMPETITION COMMISSION AND THE COMPETITION
More informationVAN BAEL & BELLIS. Avenue Louise, 165 B-1050 Brussels. Telephone: (32-2) Telefax: (32-2) Website:
VAN BAEL & BELLIS Avenue Louise, 165 B-1050 Brussels Telephone: (32-2) 647 73 50 Telefax: (32-2) 640 64 99 Website: www.vanbaelbellis.com M E M O R A N D U M Proposal for a new regulation on the implementation
More informationLEGAL INDEMNITY POLICY OF TITLE INSURANCE FOR RESIDENTIAL PROPERTY. Lack of Drainage / Service Media / Water Supply
Blackfriars Group Specimen Policy Wording LEGAL INDEMNITY POLICY OF TITLE INSURANCE FOR RESIDENTIAL PROPERTY COVERAGE FOR KNOWN RISK Lack of Drainage / Service Media / Water Supply For quotes on this product
More information9. IP and antitrust 52
9. IP and antitrust 52 Implications of recent cases and likely policy developments in 2017 Rewards for innovation through the existence and protection of intellectual property (IP) rights are crucial in
More informationA new wave of dispute resolution
Escalate A new wave of dispute resolution www.pkf-littlejohn.com Escalate A smarter way to resolve commercial disputes Our difference At PKF Littlejohn, it s all about you. When you come to us for advice,
More informationCENTURYLINK ELECTRONIC AND ONLINE PAYMENT TERMS AND CONDITIONS
CENTURYLINK ELECTRONIC AND ONLINE PAYMENT TERMS AND CONDITIONS Effective June 1, 2014 The following terms and conditions apply to electronic and online delivery and presentation of your invoices by CenturyLink
More informationLEGAL INDEMNITY POLICY OF TITLE INSURANCE FOR RESIDENTIAL PROPERTY
LEGAL INDEMNITY POLICY OF TITLE INSURANCE FOR RESIDENTIAL PROPERTY ENGLAND & WALES (FORM KR E&W 07/05) SCHEDULE File Number Policy Number SJB/Clarke KR(E&W)-58-047-003894 Policy Amount [up to 500,000]
More informationAgreement for Advisors Providing Services to Interactive Brokers Customers
6101 03/10/2015 Agreement for Advisors Providing Services to Interactive Brokers Customers This Agreement is entered into between Interactive Brokers ("IB") and the undersigned Advisor. WHEREAS, IB provides
More informationFinnish Arbitration Act (23 October 1992/967)
Finnish Arbitration Act (23 October 1992/967) Comments of the Secretariat of the United Nations Commission on International Trade Law (UNCITRAL) on the basis of the unofficial translation from Finnish
More informationImplementation of Article 19 of the WHO FCTC: Liability
66 66 Conference of the Parties to the WHO Framework Convention on Tobacco Control Seventh session Delhi, India, 7 12 November 2016 Provisional agenda item 5.7 FCTC/COP/7/13 14 June 2016 Implementation
More informationBreakfast Seminar Competition Law and the Financial Services Sector
Breakfast Seminar Competition Law and the Financial Services Sector 28 June 2017 Presented by Grant Saggers of NERA and Robin Henry and Stephen Critchley of Collyer Bristow Competition law basics The two
More informationSainsbury s claims damages from MasterCard breach of the Competition Act
1 Sainsbury s claims damages from MasterCard breach of the Competition Act 03/08/2016 Competition analysis: Richard Pike, partner in the Constantine Cannon LLP s antitrust and litigation and counselling
More informationARBITRATION ACT B.E.2545 (2002) BHUMIBOL ADULYADEJ, REX. Given on the 23rd Day of April B.E. 2545; Being the 57th Year of the Present Reign.
ARBITRATION ACT B.E.2545 (2002) ------- BHUMIBOL ADULYADEJ, REX. Given on the 23rd Day of April B.E. 2545; Being the 57th Year of the Present Reign. His Majesty King Bhumibol Adulyadej is graciously pleased
More informationARBITRATION ACT, B.E (2002) BHUMIBOL ADULYADEJ, REX. Given on the 23rd Day of April B.E. 2545; Being the 57th Year of the Present Reign.
ARBITRATION ACT, B.E. 2545 (2002) BHUMIBOL ADULYADEJ, REX. Given on the 23rd Day of April B.E. 2545; Being the 57th Year of the Present Reign. Translation His Majesty King Bhumibol Adulyadej is graciously
More informationResponse to Department of Health Consultation Introducing Fixed Recoverable Costs in Lower Value Clinical Negligence claims.
Response to Department of Health Consultation Introducing Fixed Recoverable Costs in Lower Value Clinical Negligence claims May 2017 Introduction The Council is concerned that the proposals may impede
More informationCompetition enforcement in the motor vehicle sector: horizontal agreements
China / EU Competition Week Beijing, 11 March 2014 Competition enforcement in the motor vehicle sector: horizontal agreements Josep M. CARPI Deputy Head of Unit COMP/E2 (Antitrust: Consumer Goods, Basic
More information13. JUSTICE - ALTERNATIVE DISPUTE RESOLUTION PROGRAM FOR COMPENSATION OF VICTIMS OF ABUSE AT PROVINCIAL YOUTH INSTITUTIONS
OF ABUSE AT PROVINCIAL YOUTH INSTITUTIONS 143. JUSTICE - ALTERNATIVE DISPUTE RESOLUTION PROGRAM FOR COMPENSATION OF VICTIMS OF ABUSE AT PROVINCIAL YOUTH INSTITUTIONS BACKGROUND.1 On November 2, 1994 government
More informationNC General Statutes - Chapter 57D Article 6 1
Article 6. Dissolution. 57D-6-01. Dissolution. An LLC is dissolved upon the occurrence of any of the following: (1) An event causing the LLC to dissolve under the operating agreement. (2) If the LLC never
More informationSUBMISSION on Review of the Credit (Repossession) Act 1997
31 August 2011 Geoff McLay Law Commission P O Box 2590 WELLINGTON 6011 By email: creditrepo@lawcom.govt.nz Introduction SUBMISSION on Review of the Credit (Repossession) Act 1997 Thank you for the opportunity
More informationRentec EasyPay User Agreement & Terms of Use
Rentec EasyPay User Agreement & Terms of Use This User Agreement ("Agreement") is a contract between you ( Landlord ) and Rentec Direct LLC. ( Rentec Direct ) and applies to your use of Rentec Direct's
More informationAustrian Arbitration Law
Austrian Arbitration Law CODE OF CIVIL PROCEDURE PART SIX CHAPTER FOUR ARBITRATION PROCEDURE FIRST TITLE GENERAL PROVISIONS Article 577. Scope of Application (1) The provisions of this Chapter apply if
More informationYour Arbitration Agreement Matters: Tips for Drafting Effective Arbitration Clauses in the U.S. Andrew Behrman February 2017
Your Arbitration Agreement Matters: Tips for Drafting Effective Arbitration Clauses in the U.S. Andrew Behrman February 2017 Tips for Drafting Effective Arbitration Clauses 1. Why Are You Choosing Arbitration?
More information14 th Session of Intergovernmental Group of Experts on Competition Law and Policy Geneva, 8-10 July Presentation By Alexander J.
14 th Session of Intergovernmental Group of Experts on Competition Law and Policy Geneva, 8-10 July 2014 Presentation By Alexander J. Kububa The views expressed are those of the author and do not necessarily
More informationEDWARD JONES Select Retirement Account Client Services Agreement
EDWARD JONES Select Retirement Account Client Services Agreement This Edward Jones Select Retirement Account Client Services Agreement is incorporated into and is part of the Account Authorization and
More informationTHE COMMERCIAL ARBITRATION LAW OF THE KINGDOM OF CAMBODIA
KINGDOM OF CAMBODIA NATION RELIGION KING THE COMMERCIAL ARBITRATION LAW OF THE KINGDOM OF CAMBODIA Adopted by The NATIONAL ASSEMBLY Phnom Penh, March 6 th, 2006 THE COMMERCIAL ARBITRATION LAW OF THE KINGDOM
More informationA PRACTICAL GUIDE TO ENFORCING THE MORTGAGEE S SECURITY PART 55 & THE PRE-ACTION PROTOCOL. Jacqueline Lean. Landmark Chambers
A PRACTICAL GUIDE TO ENFORCING THE MORTGAGEE S SECURITY PART 55 & THE PRE-ACTION PROTOCOL Jacqueline Lean Landmark Chambers Introduction 1. It is hardly news that the number of home possessions on grounds
More informationQuestion 1: What in your view are the benefits and disadvantages of the current DPAP for resolving mesothelioma claims quickly and fairly?
Ministry of Justice consultation Reforming mesothelioma claims: A consultation on proposals to speed up the settlement of mesothelioma claims in England and Wales About the LMA The Lloyd s insurance market
More informationBEST PRACTICES IN INTERNATIONAL ARBITRATION. Summary of Contents
BEST PRACTICES IN INTERNATIONAL ARBITRATION Summary of Contents The NAFTA 2022 Committee... 2 ADR in the NAFTA Region... 2 Guide to Private Sector Dispute Resolution in the NAFTA Region... 2 I. Methods/Forms
More informationArbitration Rules of the Arbitration Institute of the Stockholm Chamber of Commerce
Draft for public consultation 26 April 2016 Arbitration Rules of the Arbitration Institute of the Stockholm Chamber of Commerce MODEL ARBITRATION CLAUSE Any dispute, controversy or claim arising out of
More information10-11/0679 File No: P/017/PR007/001 FINANCIAL MARKETS (REGULATORS AND KIWISAVER) BILL - INITIAL BRIEFING
10-11/0679 File No: P/017/PR007/001 The Chair COMMERCE SELECT COMMITTEE FINANCIAL MARKETS (REGULATORS AND KIWISAVER) BILL - INITIAL BRIEFING INTRODUCTION 1 The Financial Markets (Regulators and KiwiSaver)
More informationManaging the costs of litigation Alternative fee arrangements and third party funding options
Managing the costs of litigation Alternative fee arrangements and third party funding options Costs certainty Risk sharing Innovative solutions Introduction At Eversheds Sutherland we recognise that the
More informationMotorhome legal expenses policy
Motorhome legal expenses policy Helplines Motor legal expenses provides: 24/7 legal advice Insurance for legal costs for certain types of disputes Helpline services Legal helpline You can use the helpline
More informationArticle 7 - Definition and form of arbitration agreement. Article 8 - Arbitration agreement and substantive claim before court
UNCITRAL Model Law on International Commercial Arbitration (1985) (as adopted by the United Nations Commission on International Trade Law on 21 June 1985) CHAPTER I - GENERAL PROVISIONS Article 1 - Scope
More information4165, Fax: For a detailed overview of deficiencies of existing mechanisms see P. Sands and R. MacKenzie,
PCA Draft Presentation at the UNECE Intergovernmental Working Group on Civil Liability, 2 nd Meeting, 5 February in Geneva By Dane Ratliff, Assistant Legal Counsel of the PCA 1 On behalf of the Secretary-General
More informationLegal Business. Arbitration As A Method Of Dispute Resolution
Memoranda on legal and business issues and concerns for multiple industry and business communities Arbitration As A Method Of Dispute Resolution 1 Rajah & Tann 4 Battery Road #26-01 Bank of China Building
More informationDISCLOSURE STATEMENT to clients of Interactive Brokers Australia Pty Ltd ACN AFSL No [453554] (Broker)
DISCLOSURE STATEMENT to clients of Interactive Brokers Australia Pty Ltd ACN 166 929 568 AFSL No [453554] (Broker) TERMS OF YOUR AGREEMENT WITH ABN 87 149 440 291 AFSL No 402467 () 1. Your clearing arrangements
More informationPrincipal Administrator, DG Competition, European Commission. Latest Developments in EC Competition Law
Speech Torben TOFT* Principal Administrator, DG Competition, European Commission Latest Developments in EC Competition Law EU-China Workshop on the Abuse of Dominant Market Position in China Beijing, 14
More informationCLEAR MEMBERSHIP TERMS AND CONDITIONS
CLEAR MEMBERSHIP TERMS AND CONDITIONS By clicking the I AGREE button that follows these Terms and Conditions, or otherwise enrolling in any of the programs offered by Alclear, LLC or its affiliates ( CLEAR
More informationFines setting by the European Commission for Antitrust Infringements
Fines setting by the European Commission for Antitrust Infringements 19 March 2015 Torben TOFT* Principal Administrator Unit A.5 European Commission/DG Competition *The views expressed are personal and
More informationPolicy Terms & Conditions. Legal Expenses s - Property Disputes
Policy Terms & Conditions Legal Expenses s - Property Disputes Legal Expenses Property Disputes This Insurance provides legal expenses for property owners and is available as an additional cover; your
More informationResponse of Assuralia to the consultation on collective redress, towards a coherent European approach
SS11008 14.03.2011 Response of Assuralia to the consultation on collective redress, towards a coherent European approach This paper contains the response of Assuralia to the consultation on collective
More informationLocal Government Pension Scheme (LGPS) Guidance on the creation and operation of Local Pension Boards in England and Wales
Local Government Pension Scheme (LGPS) Guidance on the creation and operation of Local Pension Boards in England and Wales LGPS Local Pension Board Guidance Last updated: 28 January 2015 1 INTRODUCTION...
More informationSpeedy Now USER AGREEMENT IMPORTANT TERMS AND CONDITIONS - PLEASE READ CAREFULLY
Speedy Now USER AGREEMENT IMPORTANT TERMS AND CONDITIONS - PLEASE READ CAREFULLY 1. Terms and Conditions. These terms and conditions outlines the terms and conditions, governing your use of the Speedy
More informationBrexit and EU Competition Law - Antitrust. Salomé Cisnal de Ugarte Partner Hogan Lovells, Brussels GCLC, 100 th Lunch-Talk,22 May 2018
Brexit and EU Competition Law - Antitrust Salomé Cisnal de Ugarte Partner, Brussels GCLC, 100 th Lunch-Talk,22 May 2018 Introduction Substantive antitrust provisions are likely to remain very similar in
More informationREGULATIONS OF THE CLIENTS' SECURITY FUND
REGULATIONS OF THE CLIENTS' SECURITY FUND In order to carry out the purposes and achieve the objectives of the provisions of chapter 7, Rules Regulating The Florida Bar, the Clients' Security Fund Committee,
More informationCEDRAC Rules. in force as from 1 January 2012
CEDRAC Rules in force as from 1 January 2012 CONTENTS Section I Introductory rules Article 1 Scope of application p. 1 Article 2 Notice, calculation of period of time p. 1 Article 3 Request for Arbitration
More informationBREXIT CHECKLIST: KEY IMPLICATIONS FOR BUSINESS
BREXIT CHECKLIST: KEY IMPLICATIONS FOR BUSINESS BREXIT CHECKLIST: KEY IMPLICATIONS FOR BUSINESS (1) As the deadline for the UK s withdrawal from the EU approaches, and Brexit negotiations continue, it
More informationARBITRATION ACT NO. 4 OF 1995 LAWS OF KENYA
LAWS OF KENYA ARBITRATION ACT NO. 4 OF 1995 Revised Edition 2012 [2010] Published by the National Council for Law Reporting with the Authority of the Attorney-General www.kenyalaw.org [Rev. 2012] No.
More informationArbitration Rules of the Arbitration Institute of the Stockholm Chamber of Commerce
Arbitration Rules of the Arbitration Institute of the Stockholm Chamber of Commerce MODEL ARBITRATION CLAUSE Any dispute, controversy or claim arising out of or in connection with this contract, or the
More informationPayday Loans Act. BE IT ENACTED by the Lieutenant Governor and the Legislative Assembly of the Province of Prince Edward Island as follows:
Consultation Draft Payday Loans Act September 30, 2008 Payday Loans Act BE IT ENACTED by the Lieutenant Governor and the Legislative Assembly of the Province of Prince Edward Island as follows: PART I
More informationLegal Watch Scotland. June Consultations. Scottish Civil Justice Council. Scottish Civil Justice Council
Legal Watch Scotland June 2018 Consultations Scottish Civil Justice Council Proposed Recovery of Medical Costs for Industrial Disease (Scotland) Bill The consultation on this proposed private member s
More information1985 UNCITRAL MODEL LAW ON INTERNATIONAL COMMERCIAL ARBITRATION (WITH AMENDMENTS AS ADOPTED IN 2006)
APPENDIX 2.1 1985 UNCITRAL MODEL LAW ON INTERNATIONAL COMMERCIAL ARBITRATION (WITH AMENDMENTS AS ADOPTED IN 2006) (As adopted by the United Nations Commission on International Trade Law on 21 June 1985
More informationPROFESSIONAL INDEMNITY FOR MEDIA PROFESSIONALS. Policy summary
PROFESSIONAL INDEMNITY FOR MEDIA PROFESSIONALS Policy summary 2 Professional Indemnity for Media Professionals Policy Summary Professional Indemnity for Media Professionals Policy Summary This policy is
More informationARBITRATION ACT. May 29, 2016>
ARBITRATION ACT Wholly Amended by Act No. 6083, Dec. 31, 1999 Amended by Act No. 6465, Apr. 7, 2001 Act No. 6626, Jan. 26, 2002 Act No. 10207, Mar. 31, 2010 Act No. 11690, Mar. 23, 2013 Act No. 14176,
More informationItem B. Policy Period: «f11» to «f12» both days at 12:01 a.m. standard time at the principal address stated in Item A. SPECIMEN
This Declaration Page is attached to and forms part of certificate provisions (Form SLC-3). Previous No. «f1» Authority Ref. No. B1216PRW1 1853 Certificate No. «f2» EXCESS LIABILITY COVERAGE FORM CLAIMS
More informationBrexit and competition law
Brexit and competition law Kluwer Competition Law Blog May 20, 2016 Assimakis Komninos (White & Case) Please refer to this post as: Assimakis Komninos, Brexit and competition law, Kluwer Competition Law
More informationDAMAGES BASED AGREEMENT
Employee Compensation Limited. Registered Office, 8 Delamere Street Manchester M11 1JY Registered in England No 08414067 DAMAGES BASED AGREEMENT This agreement is a legally binding contract between you
More informationContract Law: legal issues to bear in mind when negotiating contracts. Jayne Bentham Paolo Caldato
Contract Law: legal issues to bear in mind when negotiating contracts Jayne Bentham Paolo Caldato 14 May 2015 What will this session cover? Some drafting pitfalls Governing law and choice of forum clauses
More informationARBITRATION RULES LJUBLJANA ARBITRATION RULES. Dispute Resolution Since 1928
ARBITRATION RULES Ljubljana Arbitration Centre AT the Chamber of Commerce and Industry of Slovenia LJUBLJANA ARBITRATION RULES Dispute Resolution Since 1928 Ljubljana Arbitration Centre at the Chamber
More informationSmall Claims, Fraud and Whiplash. Andrew Hogan
Small Claims, Fraud and Whiplash Andrew Hogan Introduction 1. We live in interesting times. In April 2013, the biggest shake up to the civil justice system in a generation is due to take place with the
More informationBenefit Plan Liability Policy
Benefit Plan Liability Policy Pension Scheme insurance policy registered number 1112892 registered in England & Wales with registered office at 100 Leadenhall Street, London EC3A 3BP. Authorised by the
More informationSubcontracting. Module 7
Subcontracting A guide to the legal implications of the Industry Standard Partnering Agreement for voluntary, community and social enterprise organisations Module 7 Dispute resolution, implications of
More informationThe EU Competition Law Fining System: A Reassessment
The EU Competition Law Fining System: A Reassessment Prof. Damien Geradin 13 November 2013 UCL Conference -- New Challenges in EU Competition Law and Enforcement Sanctions are central to the EU Competition
More informationGCR THE HANDBOOK OF COMPETITION ECONOMICS. A Global Competition Review special report published in association with: London Economics
THE HANDBOOK OF COMPETITION ECONOMICS 2015 A Global Competition Review special report published in association with: GCR GLOBAL COMPETITION REVIEW www.globalcompetitionreview.com Overview Paula Ramada
More informationThe ECB single supervisory mechanism and judicial review in the EU courts
The ECB single supervisory mechanism and judicial review in the EU courts Enrico Leone Koen Platteau Wednesday 05 & Thursday 06 October 2016 Introduction Introduction Functioning and decisions of the SSM
More informationMDG PURCHASE BENEFIT CLUB MEMBER PRIVILEGES & CONDITIONS
MDG PURCHASE BENEFIT CLUB MEMBER PRIVILEGES & CONDITIONS Note: In this document we will use the name MDG to describe MDG USA Inc. Acceptance of MDG s Purchase Benefit Club Member Privileges and Conditions
More information"Marquee" means a large tent or semi-permanent structure used for social or commercial functions.
Marquee Bookings Terms of service PLEASE READ THESE TERMS OF SERVICE CAREFULLY AS THEY CONTAIN IMPORTANT INFORMATION REGARDING YOUR LEGAL RIGHTS, REMEDIES AND OBLIGATIONS. THESE INCLUDE VARIOUS LIMITATIONS
More informationFRANCHISING DISPUTES IN INDIA CHOICES DICTATE THE CONSEQUENCES
CHOICES DICTATE THE CONSEQUENCES Divya Sharma, Bird & Bird LLP, London, UK This article analyses the factors franchisors should take into account when choosing an appropriate dispute resolution mechanism
More informationThis is a global Master Policy covering all policyholders of Acorn Insurance.
HAVPC This is a global Master Policy covering all policyholders of Acorn Insurance. Please read this Policy carefully to familiarise yourself with the terms and conditions, as well as the claim reporting
More informationGuidance for ADR Applicants - updated CAP 1324
Guidance for ADR Applicants - updated CAP 1324 Published by the Civil Aviation Authority 2016 Civil Aviation Authority, CAA House, 45-59 Kingsway London WC2B 6TE You can copy and use this text but please
More informationDept of Health consultation: Fixed recoverable costs for clinicial negligence claims
Dept of Health consultation: Fixed recoverable costs for clinicial negligence claims Response of the Junior Lawyers Division May 2017 2016 The Law Society. All rights reserved. 0 Fixed recoverable costs
More informationCommercial Entity Agreement
>> View all legal agreements Commercial Entity Agreement Last Update: Jan 23, 2016 Print Download PDF Please view download and save this policy. COMMERCIAL ENTITY AGREEMENT FOR CREDIT CARD PROCESSING SERVICES
More information2018 DIS ARBITRATION RULES. First Edition
2018 DIS ARBITRATION RULES First Edition 2018 DIS ARBITRATION RULES Effective as of 1 March 2018 Introduction The German Arbitration Institute (DIS) is Germany s leading institution for alternative dispute
More informationForeFront Portfolio SM For Not-for-Profit Organizations Directors & Officers. Insuring Clauses
In consideration of payment of the premium and subject to the Declarations, the General Terms and Conditions, and the limitations, conditions, provisions and other terms of this Coverage Section, the Company
More informationHMRC TO REQUIRE ACCELERATED TAX PAYMENTS FROM CERTAIN TAXPAYERS SUBJECT TO ENQUIRY
HMRC TO REQUIRE ACCELERATED TAX PAYMENTS FROM CERTAIN TAXPAYERS SUBJECT TO ENQUIRY Tolley Guidance 14 th February 2014 Tolley Guidance takes every care when preparing this material. However, no responsibility
More informationDIS BALTIC ARBITRATION DAYS 2015
DIS BALTIC ARBITRATION DAYS 2015 PRACTICAL TIPS FOR F A ST TRACK ARBITRATION S T A M A T I O S T S E T O S INTRODUCTION HOW CAN WE DEFINE FAST TRACK ARBITRATION? an arbitration with a binding and final
More informationEstablishing a business presence in the UK. lewissilkin.com
Establishing a business presence in the UK lewissilkin.com Contents 1. Establishing a UK branch or other place of business 1 2. Establishing a UK subsidiary 3 3. Establishing a UK limited liability partnership
More informationCollection Profile New Zealand
Euler Hermes Collection Profile New Zealand Collecting in New Zealand Late payments in New Zealand are not regulated, meaning that interest and collection costs would essentially depend on the court. Courts
More informationGuidance note two: Being a witness in a clinical negligence claim
Guidance note two: Being a witness in a clinical negligence claim The CNST provides an indemnity to members and their employees in respect of clinical negligence claims arising from events on or after
More informationAPIL SCOTLAND STANDARD OF COMPETENCE FOR LITIGATORS ASSESSOR S REPORT SHEET
PROFILE AND STATUS APIL SCOTLAND STANDARD OF COMPETENCE FOR LITIGATORS ASSESSOR S REPORT SHEET Litigator is a personal accreditation status awarded by the Association of Personal Injury Lawyers to its
More informationCONTENTS. KLRCA ARBITRATION RULES (As revised in 2017) UNCITRAL ARBITRATION RULES (As revised in 2013) SCHEDULES. Part I. Part II.
CONTENTS Part I KLRCA ARBITRATION RULES (As revised in 2017) Part II UNCITRAL ARBITRATION RULES (As revised in 2013) Part III SCHEDULES Copyright of the KLRCA First edition MODEL ARBITRATION CLAUSE Any
More informationc t PAYDAY LOANS ACT
c t PAYDAY LOANS ACT PLEASE NOTE This document, prepared by the Legislative Counsel Office, is an office consolidation of this Act, current to December 2, 2015. It is intended for information and reference
More informationLawyer Views on Mandatory Arbitration
In its July/August issue, Arizona Attorney magazine published the results of a lawyer survey regarding court-connected arbitration. This article the second in the series examines how mandatory arbitration
More informationARBITRATION ACT 2005 REVISED 2011 REGIONAL RESOLUTION GLOBAL SOLUTION
ARBITRATION ACT 2005 REVISED 2011 REGIONAL RESOLUTION GLOBAL SOLUTION According to Section 3(1) of the Arbitration (Amendment) Act 2018 [Act A1563] and the Ministers appointment of the date of coming
More informationDirectors And Officers Liability Reimbursement Insurance Fund
Directors And Officers Liability Reimbursement Insurance Fund Schedule Policy No: Fund: Address: Period of Insurance: From: To: (both dates inclusive) Limit of Indemnity: Retentions: Premium: i) Claims
More informationDiners Club Charge Card Cardmember Agreement
Diners Club Charge Card Cardmember Agreement Cardmember Agreement This document and the card carrier that is sent with the card together make up your Card Agreement and throughout this document are referred
More information