Contracts (Rights of Third Parties) Act 1999: Difference between revisions

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Most likely the lawyer’s instinctive, huffy, reactionary petulance — which (while poor) was understandable in 1999, but ladies and gentlemen, come on: haven't we grown out of that now?
Most likely the lawyer’s instinctive, huffy, reactionary petulance — which (while poor) was understandable in 1999, but ladies and gentlemen, come on: haven't we grown out of that now?
Nonetheless, the great canon of capital markets [[boilerplate]] is shot through with hostility to this poor act. There's Para 27.10 of the {{Gmsla}} for example: the very last paragraph, when all else is said and done, they knife the poor [[CRTPA]] just when, perhaps, it thought it had got away with it.


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Revision as of 16:51, 9 October 2017

It is now lost in the mists of time, but once upon a time there must have been a reason why the international capital markets was so collectively hostile to the Contracts (Rights of Third Parties) Act 1999

Most likely the lawyer’s instinctive, huffy, reactionary petulance — which (while poor) was understandable in 1999, but ladies and gentlemen, come on: haven't we grown out of that now?

Nonetheless, the great canon of capital markets boilerplate is shot through with hostility to this poor act. There's Para 27.10 of the 2010 GMSLA for example: the very last paragraph, when all else is said and done, they knife the poor CRTPA just when, perhaps, it thought it had got away with it.