Welcome to Over50sForum! The site for people over 50 to chat, make friends, discuss, share, and generally be part of something that's fun and friendly :)
I read that the EU are going to take AstraZenica to their own private court, the ECJ, for not supplying the vaccines they paid for. (That's despite AZ promising to supply 'to the best of their ability', and also despite the EU having earlier announced that they don't trust the AZ vaccine!)
Perhaps they're also going to take The Times to their court for not placing their own universities higher up in their published rankings!
And since saying they won't be taking any further vaccine supply options up either.
If the EU want to take AZ to court for breaching their own contract, they made with AZ (they blocked exports) then they don't stand a chance. If I was AZ I would be suing the EU for defamation, corporate slander and unrecoverable reputational damage.
The UK government should do the same as it was tax payers money that funded most of it.
They might well have a case if AZ did not disclose they had signed a guaranteed supply contract with a 3rd party that would materially impact on a “best endeavours” clause. AZ might have to prove actual loss in litigation with the EU banning exports which might be difficult if the Ezu had paid for products they haven’t received. Also EU nations may have invoked emergency powers/legislation to block exports. It will be interesting to see where this one ends up
They might well have a case if AZ did not disclose they had signed a guaranteed supply contract with a 3rd party that would materially impact on a “best endeavours” clause. AZ might have to prove actual loss in litigation with the EU banning exports which might be difficult if the Ezu had paid for products they haven’t received. Also EU nations may have invoked emergency powers/legislation to block exports. It will be interesting to see where this one ends up
They don't have to disclose any other contract. They would be covered by an NDA anyway.
The EU did not write and guaranteed supply clause into their agreement so by requesting best effort, they already knew the risks and constraints.
The horrific Virus news coming out of India, at this time, might, also, be bad for the EU as the Countries with any spare stocks might well all swing, sympathetically, to sending them to India.
The horrific Virus news coming out of India, at this time, might, also, be bad for the EU as the Countries with any spare stocks might well all swing, sympathetically, to sending them to India.
Let's see the EU try to block that!
With the UK on the verge of a massive trade deal with India, a few million extra vaccines might help things along . It will also send a message to Brussels that bullying behaviour to the UK damages them a lot more than us.
We should then send vaccines direct to the member states for free.
The horrific Virus news coming out of India, at this time, might, also, be bad for the EU as the Countries with any spare stocks might well all swing, sympathetically, to sending them to India.
Let's see the EU try to block that!
As long as we have enough to cover every British citizen who wants one (or two actually), I'd be more than happy to send them to India.
They don't have to disclose any other contract. They would be covered by an NDA anyway.
The EU did not write and guaranteed supply clause into their agreement so by requesting best effort, they already knew the risks and constraints.
The EU haven't a chance.
It’s not about disclosing details of another contract, it’s about disclosure of impediments to the contract. If AZ entered into a contract with the EU knowing they could not fulfil the terms of supply because of an existing guaranteed supply contract a court might not look on that favourably if there was no disclosure.
Incidentally contracts don’t have associated NDA’s, just commercially sensitive sections which is why the Government publishes contracts which may contain redacted elements that are commercially sensitive
Lifting lockdown brings surge of activity for UK companies - PMI
"The preliminary "flash" reading of the UK Composite Purchasing Managers' Index (PMI) rose to 60.0 in April from 56.4 in March, its highest reading since November 2013. A Reuters poll of economists had pointed to a smaller rise to 58.2.
The survey added to signs that the world's fifth-biggest economy, which shrank by nearly 10% in 2020, is shaping up for a rapid recovery helped by the fast rollout of COVID-19 vaccinations."