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Establishing a share incentive plan (SIP) and granting SIP awards鈥攁ll-encompassing resource pack For more general information on share incentive plans (SIPs), see Practice Note: What is a share incentive plan? Step Details of step Lexis庐PSL resources required to implement step Timing of step 1 Determine whether the company qualifies to operate a SIP. The SIP regime is prescriptive and sets out numerous requirements that must be met at the time the awards are granted, including in relation to the company granting the awards. It is essential to establish whether the company whose shares are being granted under award qualifies to operate a SIP first. The proposed award holder(s) must also meet certain requirements in order to be granted SIP awards. For further detailed information on the SIP eligibility requirements relating to the company, see Practice Note: SIPs鈥攓ualifying companies and type of shares. For further detailed information on the SIP eligibility requirements relating to the employee, see Practice Note: SIPs鈥攚ho can be granted an award? For a checklist...
Drafting checklist for claim or response鈥攗nfair dismissal: redundancy Both parties 鈥 Was the Claimant an employee? See Practice Notes: Entitlement to claim unfair dismissal鈥擡ligibility and Employee status 鈥 Did the Claimant have requisite qualifying service, or does an exception apply? See Practice Note: Qualifying period for unfair dismissal 鈥 Has the Claimant complied with the requirement for early conciliation or does one of the exemptions apply? See Practice Note: The early conciliation requirement 鈥 Is the claim brought within the three-month time limit, or the period as extended if the requirement for early conciliation applies? See Practice Notes: Unfair dismissal time limit and The early conciliation requirement鈥擡xtension to time limits (the 'stop the clock' provisions) 鈥 Is the contract of employment arguably void for illegality? See Practice Note: Entitlement to claim unfair dismissal鈥擨llegality 鈥 Does the Claimant fall within a category of employee excluded from unfair dismissal protection, eg police constables. See Practice Note: Entitlement to claim unfair dismissal鈥擯articular types of employment 鈥 Was the Claimant鈥檚 work based in Great...
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Disclosure鈥攕olicitors' obligations This Practice Note identifies solicitors鈥 obligations in relation to disclosure to their client and the court. It also explains the need to preserve documents, provide the required disclosure and co-operate with the other side particularly in relation to electronic disclosure (e-disclosure). This Practice Note does not cover the provisions of the disclosure scheme operating in the Business and Property Courts. For guidance, see: Disclosure scheme鈥攐verview. Obligations Throughout the disclosure process you have obligations to your client, to the court and in accordance with other relevant provisions. These include, but are not limited to: 鈥 advising your client of the need to preserve documents鈥攕ee further: Preservation of documents 鈥 ensuring your client complies with all relevant and applicable provisions and makes compliant disclosure鈥攕ee further: Full disclosure 鈥 co-operating with the other side, specifically in relation to e-disclosure and/or where the claim is proceeding on the multi-track and does not involve a claim for personal injury鈥攕ee further: Co-operating with the other side 鈥 a reasonable duty to manage...
Relief from sanctions鈥攎aking or opposing an application This Practice Note gives practical guidance on how to make or oppose (or defend) an application for relief from sanctions (RFS) under CPR 3.9. In particular, it covers the evidence in support of an application for relief, the evidence in response to a relief from sanctions application, costs issues in relief applications and how to appeal a decision granting or refusing relief. Throughout it offers general practical tips on applying for relief from sanctions. This Practice Note should be read in conjunction with Practice Notes: 鈥 How to make an application for a court order (CPR 23) 鈥 Relief from sanctions鈥攚hen is an application for relief required? 鈥 Case management鈥攃ompliance 鈥 Relief from sanctions鈥攖he courts鈥 approach 鈥 Relief from sanctions鈥攊llustrative decisions (from 1 January 2024); and 鈥 Interim applications鈥攃osts recovery See also Precedents: 鈥 Letter requesting consent to application for relief from sanctions 鈥 Letter responding to request for consent to relief from sanctions 鈥 Draft order for relief from sanctions...
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LTIP鈥攔estricted award certificate [insert name of company who granted the award pursuant to the long term incentive plan (LTIP)] (Company) [insert name of LTIP] (Plan) Name Number of Shares under Award Date of Grant Normal Vesting date[, subject to satisfaction of Performance Targets] End of Holding Period This is to certify that you are the holder of a Restricted Award to acquire up to the maximum number of Shares in [insert name of Company whose shares are being granted under award] as stated in the table above. The Restricted Award was granted on the Date of Grant stated above under a global deed of grant executed by the Company [and is subject to the Performance Target(s) attached to this certificate]. The Restricted Award was granted under, and is subject to, the Rules of the Plan. The RULES REQUIRE YOU TO sign A PARTICIPANT AGREEMENT within [30] Days of the grant of the award IN ORDER TO CONFIRM YOUR ACCEPTANCE OF...
Precedent s 106A deed of variation/supplemental agreement AGREEMENT relating to Section 106 and 106A of the Town and Country Planning Act 1990 [and [insert other legislation]] in relation to the development at [insert address] This Agreement is made on [insert date] Parties 1 [insert name], of [insert address] ("Council"); 2 [insert name], of [insert address] (鈥淐ounty Council鈥); 3 [insert name], of [insert address] (鈥淥wner鈥); and 4 [ Additional parties as necessary eg landlord, mortgagee, option holder etc. ] ("[insert additional parties as necessary eg landlord, mortgagee, option holder etc] "). Background (A) The Council is the local planning authority for the purposes of s 106 and s 106A of the 1990 Act for the area within which the Land is situated and is capable of enforcing the obligations in the Original Agreement. (B) The County Council is the local highway authority for the area within which the Land is situated and is capable of enforcing the obligations in the Original Agreement. (C) [Recite ownership details...
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When can a local authority procure a different supplier to carry out works if the current provider hasn鈥檛 performed all aspects of the contract? Article 73 of Directive 2014/24/EU (the Public Contracts聽Directive) is implemented into English law by the Public Contracts Regulations 2015 (PCR 2015), SI 2015/102. Article 73 of the Public Contracts聽Directive and PCR 2015, SI 2015/102, reg 73 provide for the situations in which a public contract may be terminated.聽Strictly, breach of the contract by the contractor is not one of the situations in which the contract can be terminated but it follows from ordinary principles of contract law, which are for national law, that a breach of contract may allow the innocent party to repudiate and therefore terminate the contract In that situation,
To what extent do arbitral tribunals (governed by English law) apply the Halsey approach following a failure to mediate under a tiered dispute resolution clause? The English courts have imposed costs sanctions on litigating parties who have unreasonably failed to mediate and one of the leading cases in this regard is Halsey v Milton Keynes General NHS Trust. See Practice Note: Costs consequences of refusing to consider ADR in civil proceedings for, among other matters, more information on that case and how it has been interpreted by the English courts in the context of litigation proceedings. One of public policy reasons for the English court鈥檚 decision to sanction parties in costs for unreasonable refusing to mediate in litigation is that the court resources are finite and, if possible, the parties should resolve their disputes without recourse to the courts or with limited court intervention. However, it may be suggested that no equivalent public policy exists in arbitration as arbitration is a private, consensual dispute resolution procedure...
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Law360, London: A London judge ruled 16 June 2025 that Mozambique should be allowed to add the heirs of shipbuilding magnate Iskandar Safa to the government's claim over a bribery scheme as it seeks to enforce a US$1.9bn damages award.
Construction analysis: The Technology and Construction Court (TCC) dismissed a 拢19m counterclaim for loss of chance on the basis that causation could not be proven on the balance of probabilities.
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