LPC Law Notes Business Law and Practice Notes
A collection of the best LPC BLP notes the director of Oxbridge Notes (an Oxford law graduate) could find after combing through dozens of LPC samples from outstanding students with the highest results in England and carefully evaluating each on accuracy, formatting, logical structure, spelling/grammar, conciseness and "wow-factor".
In short these are what we believe to be the strongest set of Business Law and Practice notes available in the UK this year. This collection of notes is fully upda...
The following is a more accessible plain text extract of the PDF sample above, taken from our Business Law and Practice Notes. Due to the challenges of extracting text from PDFs, it will have odd formatting:
Scenario 1
Situation Analysis:
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Alan, our firm will not be able to act for you or advice you in relation to your potential removal from Warwick Biosciences Limited. We are constrained by the SRA Code of Conduct, specifically:
Principles: 4 (best interest of client), 6(behave trustworthily for the public) and 7(comply with the law)
The conflict is confirmed by the fact that Warwick will want Alan to take a small remedial amount and Alan will want to get a large/full amount from Warwick. A firm cannot guarantee to act in the best interest of both clients.
O(3.5) states that we should not act where there is a client contact (between Warwick and Alan), or a significant risk of a client conflict unless either of the two exemptions apply.
Neither the exception where the clients have a substantially common interest (O(3.6) or where the clients are competing for the same objective (O(3.7)) will apply. Both clients have opposite objectives (IB(3.2) and (3.3)). Arguably, the clients could not be represented even-handedly (IB(3.5))
Scenario 2
Situation Analysis:
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Principles: 2 (Act with integrity), 4(Best interest), 5 (standard of service), 6(public trust), 7(regulations)
As we offered advice to TM before we owe duty of confidentiality to him. However, we also owe duty of disclosure to Grand First Bank. Nevertheless, confidentiality supersedes disclosure (O4.3).
O(4.4) states that I should not act for Grand First Bank in a matter where they have an interest adverse to McKenna for whom you hold confidential information which is material to GFB in that matter, unless that confidential information can be protected by the use of safeguards. GFB must give informed consent by writing.
IB 4.5
IB 4.7
Conclude: W could act if Safeguards are put in place and if it is Reasonable to act (This applies usually to large firms only with the capacity to place safeguards). There would be a risk of Professional Embarrassment if the Bank finds out that we should not have acted because we were keeping relevant information from them regarding TM. Therefore, it is better to inform the client that we CANNOT ACT on this matter. (The bank will probably understand that somethingโs up)...
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A collection of the best LPC BLP notes the director of Oxbridge Notes (an Oxford law graduate) could find after combing through dozens of LPC samples from outstanding students with the highest results in England and carefully evaluating each on accuracy, formatting, logical structure, spelling/grammar, conciseness and "wow-factor".
In short these are what we believe to be the strongest set of Business Law and Practice notes available in the UK this year. This collection of notes is fully upda...
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