When drafting legal agreements, it is essential to include clauses that clearly define the scope and impact of the agreement. One such clause is the provision for retrospective effect, which is commonly used in legal documents. Retrospective effect refers to the ability of an agreement or law to apply to events or transactions that […]
Monthly Archives: June 2023
Car contract hire has become increasingly popular among Northern Irish residents over the years. Contract hire is a type of leasing agreement that allows individuals to hire a car for a set period of time, usually between 2 and 5 years, at a fixed monthly cost. When searching for car contract hire in Northern […]
The Restrictive Covenants Contract Act is a piece of legislation that governs restrictive covenants in contracts. These covenants are commonly found in employment contracts and aim to protect the interests of the employer by restricting the actions of the employee after they leave the company. Restrictive covenants can take many forms, including non-compete clauses, […]
The European Central Bank (ECB) has recently agreed to provide Emergency Liquidity Assistance (ELA) to ailing European banks. This move has been welcomed by the European banking industry and is seen as a sign of confidence in the ECB`s commitment to ensure the stability of the eurozone`s financial system. ELA is a form of […]