Snippets from The Reduced Law Dictionary, by Roderick Ramage
A contract is a contract is a contract
In 2008 Allianz agreed to sell Dresdner Bank to Commerzbank. The services of Fox and others would not be needed, and Dresdner made termination agreements with them including provisions for severance payments and bonuses on condition that they continued until the termination date to work for Dresdner in its best interests. The new managements claimed that, following the financial crisis and its effect on Dresdner, the employees’ best interest duty required them to relinquish the agreed severance and other payments and accept lower payments. The court held that the changed circumstances did not require the employees to relinquish their contractual rights.
Knitting yarn—deregulation of
With effect on 26 May 2015, the Deregulation Act 2015 revoked the Weights and Measures (Knitting Yarns) Order 1988, by which knitting yarns made up in advance ready for retail sale in a securely closed container had to be sold only by net weight in grams, and knitting yarns not so made up had to
