by Leela|16 May 2019|Our News
After weeks of hard work and dedication, Cleveland & Co are pleased to officially announce the launch of our newly designed website and newsletter! Our new website provides a clear message of who we are and where our values lie when developing, maintaining and delivering our services to you. Our goal with this new look […]
Read moreby Leela|7 May 2019|Industry News
The execution of contracts is a task often overlooked. Even after maximum effort has been exerted to negotiate a deal, and draft a contract, a slip at the final hurdle could cost millions. Mistakes in executing a contract particularly a deed, can result in: an unenforceable contract; a non-binding contract owing to consideration not being […]
Read moreby Leela|1 May 2019|Industry News
The Court of Appeal (the “Court”) held that the word “shall” did not automatically create a contractual obligation. The word “shall” is regularly used in everyday commercial contracts to impose a contractual obligation on a party to perform or refrain from performing certain actions. Other commonly used phrases such as “ensure” and “procure” are also […]
Read moreby Leela|18 April 2019|Industry News
On 17 April 2019, the FCA released its business plan for 2019/20 covering some of the following cross-sector priorities: EU withdrawal and international engagements; firms’ culture and governance; operational resilience; financial crime & AML; and innovation and data ethics. Furthermore, their business plan also focuses on a number of sector specific priorities, including those of […]
Read moreby Leela|17 April 2019|Our Thinking
Following on from our series of newsletters on Brexit updates and no deal preparation, in this newsletter we look in detail at how Spain and Poland are preparing for a no deal scenario. For a brief summary, please see below: SPAIN The fundamental provision is that contracts providing for banking, securities, insurance or other financial […]
Read moreby Leela|12 April 2019|Awards
We are thrilled to announce that we have been shortlisted for the Training Innovation Award for the Legal Week Innovation Awards 2019! The awards celebrate outstanding achievement and leading in innovation in the legal profession. Click here to read more: https://www.event.law.com/legalweek-InnovationAwards
Read moreby Leela|4 April 2019|Industry News
Our Managing Director, Emma, was recently quoted in an Ignites Europe article talking about UK firms falling behind on senior managers regime implementation and how some firms are parking SMCR to the Summer so they can focus on Brexit preparations. Click here to read the full article!
Read moreby Leela|29 March 2019|Our Thinking
Following on from our series of newsletters on recent Brexit updates and no deal preparations, in this newsletter we look at the todays developments in the British Parliament as well as looking at the updated Memoranda of Understanding signed between the FCA and the United States Securities and Exchange Commission. Please click on the image […]
Read moreby Leela|28 March 2019|Industry News
Below we set out recent developments in the cryptoasset space that we think may be of interest. A NEED FOR REGULATION 2018 was a year of international scrutiny for digital currencies. As regulators around the globe wake up to the potential dangers posed by new technology (now falling under the umbrella term of “cryptoassets”), pressure […]
Read moreby Leela|22 March 2019|Industry News
The recent case of Lehman Brothers Finance AG (in liquidation) (“LBF”) v Klaus Tschira Stiftung GmbH and Dr H C Tschira Beteiligungs GmbH & Co KG (the “Tschira Parties”)[2019] draws attention to the issue of the amount of discretion a non-defaulting party has when calculating loss under a 1992 ISDA Master Agreement. This is a […]
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