header-logo header-logo

12 July 2018 / Sophia Purkis , Leigh Callaway , Leigh Callaway
Issue: 7801 / Categories: Features , Commercial
printer mail-detail

Be careful what you say no longer

842663424

Sophia Purkis & Leigh Callaway delve into the implications for ‘no oral modifications’ clauses in the fallout from MWB v Rock.

  • In MWB v Rock, The Supreme Court has upheld the effectiveness of anti-oral variation clauses

In the shifting sands of the commercial world, matters governed by an executed commercial agreement often change necessitating a variation of the agreement. While parties are unlikely to be prohibited from agreeing a variation, the manner in which such variation may take place is frequently dictated by the terms of the contract—for example, the variation might need to be agreed in writing or by deed. It is, however, also not uncommon for parties to put aside legal niceties in the interests of resolving issues quickly and to overlook such strict contractual requirements.

Previously, a quick-fix variation agreed between the parties’ principals might have been acceptable to the court notwithstanding that the manner in which the variation was agreed did not comply with the contractual terms; for example, the principals

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Freeths—Heather Gibson

Freeths—Heather Gibson

Freeths strengthens national tax team with Heather Gibson appointment

Debevoise & Plimpton—Mary Lavelle

Debevoise & Plimpton—Mary Lavelle

Debevoise expands London secondaries team with addition of Mary Lavelle

Excello Law—Hestia Private Client

Excello Law—Hestia Private Client

Excello Law welcomes ex-Irwin Mitchell team to launch Hestia Private Client

NEWS
NLJ's latest Charities Appeals Supplement has been published in this week’s issue
A client cannot use a costs assessment to investigate whether their solicitor received commission on an after-the-event (ATE) insurance premium, the Court of Appeal has held
Law firms cannot be compelled to disclose documents protected by unwaived legal professional privilege (LPP) during misconduct investigations, the High Court has clarified
Solicitors have urged regulators not to impose unnecessary cost and complexity on third-party litigation funding
International demand for UK legal services is surging, with exports at record levels, according to Law Society research
back-to-top-scroll