Lombard north central PLC sort code // UK Banks Sort Code

Lombard north central PLC sort code

Scope of arbitration clauses and carve-out clauses: erring on the side of caution or on the side of daring?

June 5, 2012 – 09:31 pm

In a judgment dated 25 April 2012 (Lombard North Central plc and another v GATX Corporation [2012] EWHC 1067 (Comm)), Judge Andrew Smith of the English High Court (Commercial Court) underlined the potential risks that might arise from arbitration clauses which have a limited scope. Although this judgment is relevant to a number of different procedural and substantive aspects (including the statutory construction of the arbitration exception as enshrined in English law (Section 9 of the Arbitration Act 1996 (the “Act”)), this blog post considers issues of scope of arbitration clauses.

In 1998, Lombard and GATX concluded an agreement concerning the financing of train vehicles. In 2000, Lombard and GATX concluded another agreement. Clause 9.4 of the 2000 agreement allowed GATX, in some circumstances, to force the sale of the trains and realise their share of the profits. The 2000 agreement, including parts of its Clause 9.4, was amended by a further agreement entered into in 2004.

Clause 9.4(i), as amended in 2004, provided that if no agreement to extend the lease of the train vehicles was put into place with the UK Strategic Rail Authority by 30 March 2004, then, by no later than 30 June 2011, the parties were to establish a joint venture “in a form and manner acceptable to the parties thereto.” This provision added that “[if] the parties have been unable to establish a [joint venture] by 30 June 2011, the parties agree to negotiate in good faith to achieve such objectives through other means at the earliest opportunity.”

Source: Kluwer Arbitration Blog

Reflections on the Work of C.A.R. Hoare (History of Computing)
Book (Springer)

A (short) history of the longest

2003-12-02 17:26:23 by finger

a (short) history of the longest

Giving someone "the finger" is one of the basest violations in modern culture, but its origins date back over 2500 years. The first written record of the insult occurred in ancient Greece, where the playwright Aristophanes (the Adam Sandler of his day) made a crude joke mixing up the middle finger and the penis. Even back then, the bird was considered an aggressive, phallic put-down.

Well, here, this ought to take your attention for a few minutes

2001-09-28 16:46:45 by Bagheera

The Crab That Played With the Sea
by Rudyard Kipling

Before the High and Far-Off Times, O my
Best Beloved, came the Time of the Very Beginnings; and that was in the
days when the Eldest Magician was getting Things ready. First he got the
Earth ready; then he got the Sea ready; and then he told all the Animals
that they could come out and play. ...nd them of what the Eldest Magician could do. And so it
sin't fair to kill or hunt Pau Ammas' babies just because old Pau Amma
was stupidly rude a very long time ago.

Oh yes! And Pau Ammas' babies hate being taken out of their little Pusat
Taseks and brought home in pickle-bottles. That is why they nip you with
their scissors, and it serves you right.

Take 4

2006-08-22 06:39:17 by Zydeco

Did anyone say Adam Ant?

Jevon's Paradox and Capitalism...

2008-05-10 19:33:43 by COLDFUSION_1

Reading the economics it becomes apparent that subsidies of any kind in energy is purely wrong.
Subsidies lead to false economies, resulting in profiteering and artificially boosts demand. So what do we do? Level the playing field by eliminating all forms of subsidies.
"...But there is one aspect of Jevons argument that has attracted the admiration of ecological economists. Chapter ...consumption, and that are even destructive to human beings and the earth (in the sense of rendering it unusable for human purposes), are manufactured and the desire for these destructive goods is manufactured along with them through the force of modern marketing (see Paul M. Sweezy, Capitalism and the Environment, Monthly Review, vol. 41, no. 2, June 1989).* ..."
Also see rebound effect.

Structured Programming (A.P.I.C. studies in data processing, no. 8)
Book (Academic Press)

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	The Road To Kalamata: A Congo Mercenary's Personal Memoir Book (Paladin Press)
	Congo Mercenary Book (Paladin Press)
	Noel Coward: A Biography Book (University Of Chicago Press)