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Incoterms - 10 years on

22 Jul 2019

What are incoterms? Incoterms, short for International Commercial Terms, were first published by the International Chamber of Commerce (ICC) in 1936 and have since facilitated business' terms of trade around the world. Traders can choose to incorporate Incoterms into their contracts to…

Commercial

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Legal Article

Government Sets New PI Discount Rate at -0.25%

15 Jul 2019

The Lord Chancellor has today announced that the new discount rate will be set at minus 0.25%. The announcement follows a comprehensive review of the rate as provided for in the Civil Liability Act 2018. Currently the discount rate stands at minus 0.75% after it was controversially reduced in 2017…

Insurance

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Legal Article

The Impact of Equality Legislation

15 Jul 2019

It has not quite been 10 years, but it has been some time now since the Equality Act 2010 hit the statute books. The swansong of Gordon Brown's Labour administration, it was an ambitious piece of legislation which sought to consolidate nearly 40 years' worth of anti-discrimination laws into a…

Housing & Regeneration

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Legal Article

Potential Fine of £99 Million for Marriot for GDPR Breach

11 Jul 2019

On 09 July 2019, the Information Commissioner's Office (ICO) announced that it intended to fine Marriott International, Inc more than £99 milllion for breaches of the General Data Protection Regulation (GDPR). The ICO confirmed that it has conducted an investigation into Marriot…

Governance, Procurement & Information

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Legal Article

Inheritance Tax gifts shake-up

10 Jul 2019

An independent review by the Office of Tax Simplification (OTS) has concluded that the "seven year rule", a bedrock of UK inheritance tax (IHT) planning whereby assets given away during an individual's lifetime are exempt from IHT if the individual survives for at least seven years, should…

Wills, Probate, Tax & Trusts

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Forbes News

Covertly Recording Meetings

09 Jul 2019

A common question that is often asked by employers is what can I do if my employee has covertly recorded a meeting. Only a few years ago employees would have to be very motivated to covertly record meetings and it was not uncommon to find employees producing devices James Bond would be envious of,…

Employment & HR

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Forbes News

Forbes Appoints Michael Chambers To Lead Growing Dispute Resolution Team

08 Jul 2019

Leading legal firm Forbes Solicitors has appointed Michael Chambers as Partner and head of its growing Dispute Resolution team. The team has also been boosted by the arrival of Laura Hallett Lea as an Associate, Jordan Davies as a Solicitor, Andrew Wilkinson as a Paralegal and Sophie Jackson as a…

Dispute Resolution

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Legal Article

British Airways Breach Leads to £183 million ICO fine

08 Jul 2019

British Airways (BA) has been issued a notice by the Information Commissioner's Office (ICO) regarding its intention to fine the airline £183.39 million for violation of the General Data Protection Regulation (EU) 2016/679 (the GDPR). What did they do wrong? The violation in question…

Governance, Procurement & Information

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Forbes News

Further criticism of the use of NDAs in discrimination cases

05 Jul 2019

The House of Commons Women and Equalities Committee published its report into "The use of non-disclosure agreements in discrimination cases" last month. The Committee launched an inquiry following the concern surrounding non-disclosure agreements ("NDAs") in the wake of the #MeToo…

Employment & HR

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