Category: April 2008

April update

Welcome to the April edition of Focus. Since the last edition, we are pleased to announce that Trinity has been joined by Rory Tait, the former head of the energy group at Eversheds LLP. Rory has joined to help the continued growth of the energy practice at Trinity, particularly in relation to clean and renewable… Read more »

Breaking-Up is so hard to do. A Discussion of Termination Compensation Provisions.

No-one expects their project to end up in default. Extensive due diligence exercises, well drafted project and finance documents, built in contingencies and captured political will convince many participants that negotiating termination provisions is arguing over angels and pinheads. But much of the lawyer’s time is dedicated to the question “what if” and the consideration… Read more »

Legalese – Is time really of the essence?

Although often relegated to the boilerplate provisions at the backend of a contract, a “time is of the essence” clause can significantly affect your rights as an innocent party to terminate and claim damages for a failure by another party to perform on time. However, drafted too widely and this often-ignored provision can result in… Read more »