How much is an orchid worth in SPS payments?

Natural capital is high on the government’s agenda, particularly post-Brexit, with a shift away from the Common Agricultural Policy towards rewards for producing food and protecting or enhancing the environment, but what is natural capital and should you now be including this as a key consideration in your agricultural tenancy negotiations?

Lessons learned from Black Sea Commodities Ltd v Lemarc Agromond PTE Ltd. In a rare case of a party successfully challenging an arbitration award under s67 Arbitration Act 1996, the English High Court considered the question of whether a GAFTA arbitration clause can be implied into an agreement between parties by market practice and custom.