Archives: Commercial

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Offence – failure to prevent fraud

July/August 2025 | Commercial

Practitioners are reminded that the new corporate criminal offence that will hold large organisations to account if they profit from fraud comes into force on 1 September 2025. The Economic Crime and Corporate Transparency Act 2023 (ECCTA) created a new corporate criminal offence of ‘failure to prevent fraud’. Under the legislation, an organisation will be …

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BSA – remediation costs

June 2025 | Commercial

The SC has heard an important judgment regarding the Building Safety Act 2022 (BSA). The press summary is as follows: ‘Background to the Appeal On 14 June 2017, Grenfell Tower in London was engulfed in flames and 72 residents lost their lives. The main reason for the tragedy was the use of unsafe cladding on …

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