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Homebuying Reforms May Spark Disputes Over Exiting Deals

By William Janes

The government wants to stop home sales collapsing and reduce uncertainty by introducing binding agreements earlier in the process, but lawyers warn that the homebuying reforms could create new legal disputes between buyers and sellers over when they are allowed to walk away from a deal.


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Top Stories
  • Logo of white-collar crime agency is displayed on a smartphone in front of abstract background on computer screen.
    Whistleblower Plan Looms Over Search For Next SFO Chief

    By Christopher Crosby

    Plans to pay whistleblowers are likely to shape the government's search for the next director of the Serious Fra...(read more)

  • Three politicians in high-viz jackets visit a gas terminal in Aberdeenshire.
    Jackdaw Gas Field Gets Greenlight After Emissions Challenge

    By William Janes

    The government gave the green light for drilling at a North Sea gas field on Wednesday after an earlier approval...(read more)

  • Spanish Co. Eyes Buying National Express Owner For £282M

    By Irene Madongo

    Freshfields-led Mobico said Wednesday that Spanish public transport operator Autobuses de León SL has made a £282 million ($378 million) approach, in a proposed offer that the National Express owner said it may recommend to its shareholders.

  • Shell Blames Nigerian Oil Spills On Criminal Theft Gangs

    By Sophia Dourou

    Shell has argued that Nigerian communities suing it for damages over oil spills cannot use alleged systemic failings by the oil giant to hold it liable for environmental destruction largely caused by "endemic oil theft" carried out by criminal gangs.

  • Mozambique Can Pursue Safa Widow In 'Tuna Bonds' Case

    By Robbie Kalus

    The widow of shipbuilding tycoon Iskandar Safa lost her attempt on Wednesday to prevent Mozambique from pursuing her for her husband's alleged liabilities arising from a $1.9 billion damages award in the landmark "tuna bonds" corruption case.

  • MoJ Reveals £49M London Tribunal Center Overspend

    By Adele Redmond

    London's new tribunal hearings center came in £49.3 million ($66 million) over budget, the Ministry of Justice has revealed after obscuring its overspend on the development.

  • ScottishPower's £28M Redress Payments Are Not Deductible

    By Sophia Dourou

    ScottishPower must pay tax on £28 million ($37.5 million) in redress for regulatory failures after Britain's top court ruled on Wednesday that the compensation was similar to a penalty.

  • Building Safety Bill Tightens Liability But Delays May Persist

    By William Janes

    The government's latest attempt to accelerate building safety repairs would put greater pressure on owners to fix unsafe buildings and make it easier to recover the costs from other parties, lawyers say, but some of the biggest practical causes of delay will remain.

  • Gender-Critical Teacher Appeals Firing For Trans Pronoun Use

    By Adele Redmond

    A teacher fired for refusing to use a transgender student's preferred name and pronouns argued on appeal Tuesday that a judge "impermissibly narrowed" the teacher's claim that he was discriminated against for holding gender-critical beliefs.

  • Google Cloud Outage Hits Banks, Halts Court Hearings

    By Isabel Jackson

    Trials and court hearings were disrupted Tuesday by a Google Cloud outage that hit the courts' video system, which is used for remote hearings.

  • FCA Poised To Crack Down On Industry-Wide AI Failings

    By Alex Davidson

    The Financial Conduct Authority is poised to crack down in supervision and enforcement on industry-wide failings in the use of artificial intelligence of a type it has detected at more than 200 financial services companies, lawyers have warned.

  • Huawei Loses 5G SEP Infringement Case At UPC

    By Jamie Lennox

    The Unified Patent Court on Tuesday dismissed Huawei's claim that a Nokia-linked phonemaker infringed its essential 5G patent in Europe, ruling instead that certain parts of the patent are invalid. 

  • Gov't Says Bouygues Sued Too Late Over £18B School Deal

    By Eddie Beaver

    The government told a court Tuesday that a claim from Bouygues (UK) Ltd. alleging that the Department for Education unfairly evaluated its bid for a share of an estimated £18.5 billion ($24.6 billion) school construction program was brought two days too late.

  • Virgin Media Owners Ask CMA To Revisit UK Fiber Biz Deal

    By Najiyya Budaly

    The owners of Virgin Media O2 called on Britain's competition authority on Tuesday to reconsider its objection to their proposed $2.7 billion acquisition of Substantial Group after the government handed a free pass to allow BT to rescue TalkTalk.

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Trending on Law360 UK

  • FCA Sues Hunter Jones Over Alleged Property 'Ponzi Scheme'
  • FCA Plans 'Agentic' Shift To AI-Powered Supervision
  • Renters' Rights Act Could Spur Landlord-Tenant Disputes
  • Allianz Wins Court Approval To Consolidate UK Insurers
  • FCA Poised To Crack Down On Industry-Wide AI Failings
  • Rugby Players Get Reprieve To Fix 'Huge' Disclosure Task
  • Freshfields Sorry After Emailed Remark On Mideast Funds
  • Google Cloud Outage Hits Banks, Halts Court Hearings
  • Uber Defeats £340M Claim From UK Cab Drivers
 
 
 

From The Courtroom

  • ENRC Presses For SFO Official's Legal Retainer Info
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  • Allianz Fights £4.2M Fire Defects Claim Over 'Imminent' Risk
  • Travel Blue Founder Defends Pillow Design In Boots IP Trial
  • BNP Paribas Seeks Early $119M Win In UAE Fraud Case
  • Rugby Players Get Reprieve To Fix 'Huge' Disclosure Task
  • Ex-Security Says Police Killed People At Tanzanian Mine
  • Clearview AI Says £7.5M Fine Misapplies UK Data Rules
  • Receivers Lose Costs Bid In £5B Bitcoin Litigation
 
 
 

Expert Analysis

  • Garon Anthony
    Financial Firm Ruling Narrows Push Fraud Recovery Route
    The recent Court of Appeal decision in Moorwand v. Hamblin rejected a derivative claim brought by victims of an authorized push paym... (read more)
  • Eloise Ryan
    'Peppa Pig' Ruling Broadens Global Copyright Relief
    The High Court's recent unusual decision in Hasbro v. Công to grant a panjurisdictional injunction shows that, in certain circumstan... (read more)
  • Daniel Erskine
    How AI Can Complicate Liability Limits In Contracts
    With the U.K. Jurisdiction Taskforce's recent legal statement on liability for harms confirming that contract clauses remain subject... (read more)
  • Rachael Healey
    Key Points From High Court Ruling On FOS Time Bar Rule
    In Barclays Bank v. Financial Ombudsman Service, the High Court recently blocked the FOS from investigating consumer complaints that... (read more)
  • Ricci Potts
    UK Top Court Eases Creditors' Path To Enforcing Foreign Debt
    The recent U.K. Supreme Court ruling in Drelle v. Servis-Terminal that an unrecognized and unregistrable foreign judgment may found ... (read more)
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