An Ideal Standard for drafting?
Published:INTRODUCTION The recent High Court decision in Strategic Value Master Fund Ltd v Ideal Standard International Acquisition S.A.R.L &ORS [2011] EWHC 171 (Ch) (the “Ideal Standard case”), brought to light
INTRODUCTION The recent High Court decision in Strategic Value Master Fund Ltd v Ideal Standard International Acquisition S.A.R.L &ORS [2011] EWHC 171 (Ch) (the “Ideal Standard case”), brought to light
1. OVERVIEW 1.1 In November 2010, the Collaborative Africa Budget Reform Initiative ("CABRI") published a report titled "Ensuring Value for Money in Infrastructure in Africa: Financing Infrastructure Projects". The report
IntroductionIn June 2003 certain private sector banks led by Citigroup, ABN AMRO, Barclays and WestLB developed the Equator Principles. The Equator Principles are a voluntary set of standards for determining,
INTRODUCTION Over the past decade, Africa has experienced an accelerated rate of economic growth. It has been reported that Africa’s Gross Domestic Product rose by an estimated 4% to 5%
Introduction There is a wide spectrum of "endeavours" clauses used in commercial agreements which we have discussed in a previous edition of Focus. These clauses place obligations on the various
Introduction In the case of Shell UK Ltd v Total UK Limited and Othersand Total UK Ltd v Chevron Ltd [2010] EWCA Civ 180, the English Court of Appeal (the
by Guy Jolly Introduction On 20th July 2010 the Ministry of Justice issued a press release on the Bribery Act 2010 (the “Bribery Act“) stating that the Bribery Act would
World Bank statistics on infrastructure development in Sub-Saharan African countries rarely make for comfortable reading. The World Bank estimates that around US$93 billion a year is required to address Africa’s
The Bribery Act 2010 (the “Bribery Act”) received Royal Assent on 8th April of this year and is of critical importance to companies transacting business in emerging markets. The Bribery
Whilst generic or broad references in agreements are often necessary (or an unfortunate by-product of expediently negotiated deals), a recent High Court decision has highlighted the importance of clear drafting
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