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Essential Corporate News – Week ending March 31, 2023
On March 30, 2023 the Pensions and Lifetime Savings Association (PLSA) published their updated Stewardship and Voting Guidelines.
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Global | Publication | November 2016
There is much excitement globally about smart contracts and distributed ledger technologies that support them. Properly funded technology vendors and consortia have emerged which are now able to give tangible expression to that sense of excitement in the form of new and innovative smart contract and distributed ledger products and services.
It has become apparent to us, however, that when industry stakeholders (both buyers of the new technologies and vendors) speak of smart contracts, they can mean very different things. As any contracts lawyer will tell you, words matter. Consistency of language is vital if clear lines of communication are to be achieved in a rapidly evolving industry. What do we mean by a smart contract? Is it smart? Is it a contract? Do lawyers and technologists understand each other when they use these terms?
Recognising the imperative for clarity on these issues, R3 and Norton Rose Fulbright offer this White Paper as a step forward in forging a consensus of understanding between industry stakeholders, lawyers and technologists in relation to smart contracts.
The White Paper considers whether a smart contract can constitute a legally binding contract under the law of a number of key jurisdictions. It also examines the practicalities of enforceability and provides some suggestions for dispute resolution within a smart contract context.
Publication
On March 30, 2023 the Pensions and Lifetime Savings Association (PLSA) published their updated Stewardship and Voting Guidelines.
Publication
Want to understand how to prioritise and develop your legal department’s roadmap? Stephanie Hamon will be sharing her tips on how to better define roles, manage workload, use technology and establish processes at the 3rd Annual Legal Operations Summit in Berlin this year.
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The Chancellor’s Spring Budget 2023 speech was based on the four Es, that is, "enterprise, education, employment and everywhere", with a clear focus on encouraging investment and productivity. The big-value item was the change to the capital allowances rules with the introduction of three-year "full expensing" for qualifying main rate plant and machinery. The Spring Budget 2023 also included proposals for 12 UK investment zones, and reforms to personal pensions designed to incentivise older workers to stay in work.
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