Financial advice is necessary when buying timeshare: the Ultiqa Lifestyle decision

The traditional timeshare sales technique of ‘You have won a Prize’ lure followed by a hard-sell is no longer legal in Australia as a result of the decision of the Federal Court of Australia in Australian Securities and Investments Commission v Ultiqa Lifestyle Promotions Limited (in iq) [2022] FCA 561 (17 May 2022) (Downes J). … Read more

Swansea commercial firm lands major contact with Panasonic manufacturer

Commercial cleaning and facilities management company Mrs Buckét has won a major new contract with Cardiff-based Panasonic Manufacturing UK. The Swansea-headquartered firm won the deal after showing ways in which it could add value to Panasonic and help create an enhanced employee experience for the manufacturer. The new contract will involve seven members of the … Read more

Luxury North Devon self-catering retreat acquired by group of entrepreneurs

A group of entrepreneurs, philanthropists and investors has bought a luxury self-catering retreat in North Devon after securing a multi-million pound finance package. Steve Baker, director of real estate company Pickwell, has purchased Ravendere Retreats in the coastal village of Lee along with his wife Susannah and their friends and business partners, Richard and Tracey … Read more

Snowbirds Purchasing United States Real Estate

Given our winter climate, many Canadians choose to be “Snowbirds” and buy a property to spend the winter in warmer climates in the United States (“US”). Once that decision is made as to where and what, the structure of the purchase must be considered, so as not to run afoul of or be adversely impacted … Read more

FCA Proposes to Unify the Listing Regime for Commercial Companies Under a Single Listing Segment

The regulator continues its Primary Markets Effectiveness Review to promote the competitiveness of a UK listing. On 26 May 2022, the FCA published a discussion paper (DP22 / 2) to seek further views on how to make the UK listing regime more effective, easier to understand, and more competitive. This paper contains suggested reforms from … Read more

Empirical Analysis of National Court Judgments in Commercial Arbitration: What Do the Data Tell Us?

On June 6, 2022, the Journal of International Arbitration Special Issue on Empirical Work in Commercial Arbitration, was released, edited by Dr Monique Sasson, Dr Crina Baltag, Roger P. Alford, Matthew EK Hall, under the general editorship of Prof. Dr Maxi Scherer. The Special Issue also includes articles authored by Prof. Loukas Mistelis, Prof. Dr … Read more

Tuber Group swoops for William Jackson Food Group’s fresh produce business

Rapidly expanding Hull food business Tuber Group has made a second acquisition in six months. Fellow city firm William Jackson Food Group’s My Fresh subsidiary has been bought out, having added Scunthorpe-based Saxon Foods late last year. The Bedfordshire-based fresh produce processor, together with its 150 staff, has been taken on in an undisclosed deal. … Read more

What Are the Procedures of Commercial Civil Litigation in the UAE?

Commercial disputes in the UAE are resolved either through litigation or arbitration. While arbitration is growing fast as an effective alternative dispute resolution mechanism, litigation before the courts remains the primary channel of dispute resolution in the UAE. Court System in the UAE The UAE follows a civil law system. The UAE has also established … Read more

Commercial agencies and 03 notes under Vietnamese laws

Commercial agency is one of 04 commercial intermediary activities of a trader regulated by Vietnamese laws (along with trader representative, commercial brokerage, purchase, and sale of goods by mandated dealers). What is a commercial agency and what are notes about a commercial agency under Vietnamese laws? Through this article, BLawyers Vietnam would like to answer … Read more

Morrisons takeover by US private equity can go ahead, watchdog confirms

The takeover of supermarket chain Morrisons by a US private equity firm will go ahead following clearance from the Competition and Markets Authority. Clayton, Dubilier & Rice (CD&R) is set to complete its £ 7bn acquisition of the Bradford-based grocer after it agreed to sell dozens of petrol stations to alleviate concerns the deal could … Read more