Published on: 20 March 2024
Published by a LexisNexis EU Law expert
On 23 February 2022, the Commission unveiled its proposal for a new Directive on corporate sustainability due diligence. The measure seeks to create a corporate sustainability due diligence duty, obliging companies to conduct checks across their supply chains to identify and then prevent, mitigate, or stop actual and potential adverse effects of their activities on human rights and the environment. The Corporate Sustainability Due Diligence Directive (CSDDD) sits within a broader legislative framework on sustainable corporate governance alongside the EU Corporate Sustainability Reporting Directive (Directive (EU) 2022/2464), and complements measures in the EU Sustainable Finance Disclosure Regulation (Regulation (EU) 2019/2088) and the EU Taxonomy Regulation (Regulation (EU) 2020/852).
As provisionally agreed in December 2023, the CSDDD was initially intended to apply to EU companies with more than 500 employees and a net worldwide turnover exceeding €150m. For non‑EU companies, it was to apply where they generated over €150m in net turnover within the EU. Lower thresholds were envisaged for high‑risk sectors, including:
The text agreed in March 2024 raises these thresholds and removes the lower sector‑specific thresholds, although...
When evaluating a general damages claim, the practitioner ought initially to refer to the Judicial College Guidelines (JCG)...
This Practice Note This Practice Note reviews mechanisms used in settling litigation. A Tomlin order consists of a consent order paired with a schedule. It operates to stay proceedings on terms that have been agreed. The provisions contained in the schedule may remain confidential. This Practice Note describes the scope of confidentiality attaching to the schedule and sets out how it differs from a standard consent order. Sample wording for a Tomlin order is included, alongside links to precedents, as well as guidance on court approval. It also addresses varying, setting aside and enforcing a Tomlin order, including the considerations the court will take into account when handling applications for each. Further guidance is provided on interpreting and applying the relevant provisions of the CPR; however, some courts and divisions impose very specific requirements for both drafting and approval, and for approaching the schedule and confidentiality issues. Accordingly, you must consider the particular rules and court guide provisions in the forum where your claim is proceeding when drawing up the Tomlin order...
Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...
I, [ name ], of [ address ], solemnly and sincerely state that: [ Matters to be verified, set out in numbered paragraphs ] I make this solemn statement in good conscience, believing it to be true, and pursuant to the provisions of the Statutory Declarations Act 1835. DECLARED at [ details ] this [ day ] day of [ month and year ] Before me ................................................................................ [ signature of the person before whom the declaration is made ] A [ commissioner for oaths OR [ solicitor OR [ insert other qualification ] ] authorised to administer oaths ]...