Contract law

Articles, news and guidance on contract law in the UK and Europe.

Legal Alert

Legal Alert is a monthly checklist from Atom Content Marketing highlighting new and pending laws, regulations, codes of practice and rulings that could have an impact on your business.

New law: Suppliers must continue to supply insolvent customers even if the customer has failed to pay them for goods or services already supplied

01-08-2020

Suppliers need to diligently monitor their customers, and their contracts with them, for signs of looming insolvency, so the supplier can act before they lose the right to do so under new laws which take away suppliers’ rights in commercial contracts to terminate a contract for non-payment if a customer is insolvent.

New law: Employer taking on a new employee in breach of a restriction imposed on the employee by former employer did not ‘induce a breach of contract’

01-04-2020

Employers taking on an employee should check whether the employee is subject to a restriction on working for them imposed by a previous employer, and consider the risks of being found to have induced the employee to breach those restrictions if they offer a job, following a recent legal ruling.

Case law: Court clarifies standard required where lease contains an obligation to keep property in repair

01-04-2020

Landlords and tenants of properties will welcome clarification from the court on the standard required under repairing obligations in leases. They should start planning and negotiating in good time before any obligation takes effect, to ensure that the repairs satisfy the requirements of the lease and are carried out in time.

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Bloomsbury Core Accounting and Tax Service

Eligible firms have free access to Bloomsbury Professional's comprehensive online library, comprising more than 60 titles from some of the country's leading tax and accounting subject matter experts. Find out who is eligible and how you can access the Core Accounting and Tax Service.

Directors: specific duties

Saleem Sheikh Company Law Handbook 2021 January 2021

eBook chapter addressing the legal specific duties of company directors and their liabilities under the Companies Act 2006. Topics covered include declaration of interest, substantial property transactions, loans to directors, credit transactions and payment for loss of office. A checklist for approving directors’ long-term service contracts is provided.

Contract: terms of engagement

Julian Hickey, Adrian Shipwright Law and Regulation of Tax Professionals 2021

A chapter on the relevance of contract law to tax professionals, looking at issues such as typical terms of business, contract formation, representations prior to contract, terms of a contract, exclusion of liability, third party rights, interpretation of contracts, breach of contract, damages and limitation period.

Wrongful dismissal

Accountants Legal Service November 2020

A chapter on wrongful dismissal in this time-saving reference guide for accountants who are faced with an unfamiliar legal problem or query. Topics covered include insufficient notice, fixed-term contracts, breach of contractual procedures, remedies, valuing wrongful dismissal claims, settling wrongful dismissal claims out of court, the overlap with unfair dismissal, tribunal cap on damages and loss of chance claims.

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Useful links

Contract law in Europe (Business Link)
Guide to contracts in the European single market, the validity of contracts in Europe, interpretation of terms in European contracts and other topics.

Drafting contracts: key lessons from 2018
An annual contract law update from Herbert Smith Freehills, looking at interesting contract law cases which have highlighted key points for those involved in drafting or managing contracts.

Guidance on the law applicable to contractual obligations (Ministry of Justice)
The Rome I Regulation governs the choice of law in cross-border transactions within the European Union. It applies to all EU member states except Denmark.

CMA consumer enforcement guidance
Collection of guidance on consumer protection and unfair terms from the Competition and Markets Authority, some of which was originally published by the Office of Fair Trading.

Articles and books in the Library collection

Selected books

Drafting commercial agreements
(Law Society, 2018)
Contains sample contract clauses, definitions and terms relevant to drafting agreements.

Drafting and negotiating commercial contracts
(Bloomsbury Professional, 2016)
Guide to drafting and interpreting commercial contracts. Provides a background to and detailed advice on the law surrounding a wide range of commercial agreements.

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