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Harvela Investments Ltd V Royal Trust Of Canada (CI) Ltd
''Harvela Investments Ltd. v Royal Trust of Canada (CI) Ltd.'' 9861 AC 207 UK House of Lords, 11 July 1985, accessed 8 November 2020 is a legal case decided by the in 1986 defining the regarding referential bids in [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
House Of Lords
The House of Lords, also known as the House of Peers, is the Bicameralism, upper house of the Parliament of the United Kingdom. Membership is by Life peer, appointment, Hereditary peer, heredity or Lords Spiritual, official function. Like the House of Commons of the United Kingdom, House of Commons, it meets in the Palace of Westminster in London, England. The House of Lords scrutinises Bill (law), bills that have been approved by the House of Commons. It regularly reviews and amends bills from the Commons. While it is unable to prevent bills passing into law, except in certain limited circumstances, it can delay bills and force the Commons to reconsider their decisions. In this capacity, the House of Lords acts as a check on the more powerful House of Commons that is independent of the electoral process. While members of the Lords may also take on roles as government ministers, high-ranking officials such as cabinet ministers are usually drawn from the Commons. The House of Lo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Law Of England And Wales
English law is the common law legal system of England and Wales, comprising mainly criminal law and civil law, each branch having its own courts and procedures. Principal elements of English law Although the common law has, historically, been the foundation and prime source of English law, the most authoritative law is statutory legislation, which comprises Acts of Parliament, regulations and by-laws. In the absence of any statutory law, the common law with its principle of '' stare decisis'' forms the residual source of law, based on judicial decisions, custom, and usage. Common law is made by sitting judges who apply both statutory law and established principles which are derived from the reasoning from earlier decisions. Equity is the other historic source of judge-made law. Common law can be amended or repealed by Parliament. Not being a civil law system, it has no comprehensive codification. However, most of its criminal law has been codified from its common law ori ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Referential Bid
A referential bid is a bid or tender for the purchase or supply of goods or services whose value is stated by reference to the bids or tenders received from competitors (if any), e.g. "such a sum as will exceed by £200 the amount ... offered ... by any other proposing purchaser". Case law in various jurisdictions (see below) has generally ruled that referential bids frustrate the purpose of sealed competitive bidding and are therefore unfair.Justia US LawSSI Investors Ltd. v. Korea Tungsten Mining Co. Ltd. accessed 21 December 2018 Case law *South Hetton Coal Co v Haswell Shotton and Easington Coal and Coke Co., 8981 Ch 465 (England and Wales) *SSI Investors Ltd. v. Korea Tungsten Mining Co. Ltd., 982449 NYS 2d173 (New York Court of Appeals) *Harvela Investments Ltd v Royal Trust of Canada (CI) Ltd., [1986] AC 207, [1985] UKHL 16, [1986] 1 AC 207 (England and Wales England and Wales () is one of the three legal jurisdictions of the United Kingdom. It covers the constituent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
