Past Consideration in UK Law

  • Credit Hire Crunch
    • Mondaq United Kingdom
    ......the defendant's argument that "past consideration is not. good consideration" and that the later signed ......
  • The IP Value of Business Plans—Protection For The Entrepreneur
    • Mondaq United Kingdom
    ...... was at the mercy of the trustees who were legally bound not to reward past consideration. Mr. Ball was later removed from the project and ......
  • Drafting Commercial Contracts
    • Mondaq United Kingdom
    ...... requirements for a contract to be formed: offer, acceptance, consideration and the intention to create legal relations. Once these four principles ... care needs to be taken where the consideration exists only in the past. Past consideration is deemed to be no consideration: in other words, the ......
  • Legal Developments In The Credit Hire Market
    • Mondaq United Kingdom
    ......principle that past consideration is not good consideration and the. liability to pay hire ......
  • RPI To CPI: Court Allows Switch For Both Past And Future Service
    • Mondaq United Kingdom
    ......Careful consideration must be given to the detail of the particular scheme rules. It is not clear if a court would come to the same conclusion if the switch required an ......
  • Even More Deceptively Simple
    • Mondaq United Kingdom
    ...... Criticisms of this approach. (i) Policy considerations. It can be argued that this approach is unsatisfactory and lacks the ... - at the forefront of its consideration of his failure to disclose a past conviction.  However, the general grounds for refusal in the Immigration ......
  • Side Letters - Not Just A Side Order
    • Mondaq United Kingdom
    ...... allow a court to decide how to interpret it; Some form of consideration, such a reciprocal benefit between the parties (this could be money paid or an exemption). Consideration cannot be for something in the past. If any of the above four elements are missing, the side letter will not ......
  • Financial Reporting In The Charities Sector
    • Mondaq United Kingdom
    ...... to "estimate the value of those [donated] goods taking into consideration past experience and expectations". In the case of stock donations, such ......
  • Inconsiderate Variation
    • Mondaq UK
    ...... Recycling Limited, the court was asked to consider if valid consideration had been given to support a new restrictive covenant introduced during the ... be clear to the employee what portion of the increase reflects their past performance or what portion is new money and is the consideration for the ......
  • Enhanced Redundancy Payments
    • Mondaq United Kingdom
    ...... their employees' contracts are silent on this issue, careful consideration should be given to past practice and the way in which this has been ......
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