Monthly Archives: September 2012

Parent Company Guarantees

Thursday, September 6th, 2012

Parent Company Guarantees A parent company guarantee (PCG) is a promise to answer a liability being a debt or default of another ….. in construction terms the parent company will be answering the debt or default of a contractor, noting that PCG’s are used in a variety of procurement situations, including outsourcing contracts. The essential […]

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Conditional Bond

Wednesday, September 5th, 2012

Conditional bond A conditional bond is common within the UK construction industry. Such a bond is usually issued by an insurance company, and payment is usually conditional upon the employer who makes the call providing the amount of loss which he has suffered. In practice, therefore, a conditional bond may require litigation before any payment […]

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On-Demand Bond

Tuesday, September 4th, 2012

On-Demand Bond An on-demand bond is also referred to as an Unconditional Bond. Contractor’s performance bonds come in two basic varieties to meet the needs of different project owners. An on-demand bond results in an automatic cash payment if the contractor fails to complete the project. With a conditional performance bond the burden of proof […]

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Apple and Samsung

Tuesday, August 28th, 2012

Apple has won its claim in the USA that Samsung have infringed its Patents. The jury believed the Apple case was more compelling than Samsung’s counter-claim. This could potentially cost Samsung dearly. The fine imposed is $1.05bn.  Apple originally sought compensation of $2.5bn. Samsung is likely to appeal against the decision and may ask for […]

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Will this be an Apple Turnover?

Thursday, August 23rd, 2012

Will this be an Apple Turnover? As we discussed recently, in the UK courts Samsung’s position was vindicated – it did not infringe Apple’s Patent. To be precise, on 9th July 2012 the High Court of Justice of England and Wales ruled that Samsung Electronics (UK) Limited’s Galaxy Tablet computers, namely the Galaxy Tab 10.1, […]

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Risk in TUPE

Wednesday, August 15th, 2012

Beware the dreaded TUPE (Transfer of Undertakings Protection of Employment) Regulations. They have acquired notoriety for being complex, emotive, being difficult to understand and a thorn in the side of negotiators who are transferring services from the company to another and/or outsourcing services. TUPE advice and guidance from lawyers and HR specialists will not come […]

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A case of Apple and Pears

Thursday, August 9th, 2012

Intellectual property risks might not be on the top of your agenda but the following case details may provide some interesting reading. HIS HONOUR JUDGE BIRSS QC presided over the case of Samsung Electronics (UK) Ltd and Apple Inc relating to community registered design infringement by Samsung for their Galaxy product in the UK. The […]

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