Error

We experienced an unexpected error.

Visit our homepage here

If you continue to have this problem, please contact siva@globallegalpost.com with the following information:

  • Date and Time the Error Occurred: 09/12/2018 21:12
  • Page You Came From:
  • Message Content:
  • Unable to read the source URL. No buffer space available (maximum connections reached?): connect
    The error occurred on line 269.

struct
Browser CCBot/2.0 (https://commoncrawl.org/faq/)
DateTime {ts '2018-12-09 21:57:19'}
Diagnostics Unable to read the source URL. No buffer space available (maximum connections reached?): connect <br>The error occurred on line 269.
GeneratedContent <!doctype html> <html xmlns:fb="http://ogp.me/ns/fb#"> <head> <title>Disclosure and the costs implications - The Global Legal Post</title> <meta charset="UTF-8"> <meta name="alexaVerifyID" content="S4FAdIbt1BL57dSz0SxxjWNedM8" /> <meta name="description" content="Disclosure and the costs implications" /> <meta name="keywords" content="Legal News, e&#45;disclosure" /> <meta name="norton-safeweb-site-verification" content="it0goqwmcwyl3zrj0wzex6h-oif3v60evyt-asmekdui-k6nhtqje3h3hxlz245vb3h65s-2l7f6198vpp8p682mjm18fkr2fb9znic1rsgs5gt7sjcu11zc5bbh7ncx" /> <meta name="google-translate-customization" content="45513c73ea601692-2aefdebf1d5369c8-gfccdc8ac2fa21cc3-18"></meta> <meta name="twitter:card" content="summary"> <meta name="twitter:site" content="@GlobalLegalPost"> <meta name="twitter:title" content="Disclosure and the costs implications"> <meta name="twitter:description" content="Disclosure and the costs implications"> <meta name="twitter:creator" content="@GlobalLegalPost"> <meta name="twitter:image:src" content="http://www.globallegalpost.com/images/global-legal-post-v1.png"> <meta property="og:url" content="http://www.globallegalpost.com/blogs/global-view/disclosure-and-the-costs-implications-90539028/"> <meta property="og:title" content="Disclosure and the costs implications"> <meta property="og:description" content="Disclosure and the costs implications"> <meta property="og:image" content="http://www.globallegalpost.com/images/global-legal-post-v1.png"> <meta name="publisher" lang="eng" content="The Global Legal Post" /> <link href="/favicon.ico" type="image/x-icon" rel="shortcut icon"> <link rel="stylesheet" type="text/css" media="all" href="/css/global.css" /> <!--[if gte IE 7]> <link rel="stylesheet" type="text/css" media="all" href="/css/ie8_9styles.css" /> <![endif]--> <!--[if lte IE 7]> <link rel="stylesheet" type="text/css" media="all" href="/css/ie7styles.css" /> <![endif]--> <!--[if lte IE 6]> <link rel="stylesheet" type="text/css" media="all" href="/css/iestyles.css" /> <![endif]--> <script type="text/javascript" src="/js/functions.js"></script> <script type="text/javascript"> var _gaq = _gaq || []; _gaq.push(['_setAccount', 'UA-1165937-16']); _gaq.push(['_setDomainName', 'globallegalpost.com']); _gaq.push(['_trackPageview']); (function() { var ga = document.createElement('script'); ga.type = 'text/javascript'; ga.async = true; ga.src = ('https:' == document.location.protocol ? 'https://ssl' : 'http://www') + '.google-analytics.com/ga.js'; var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(ga, s); })(); </script> </head> <body > <!--// Face book like code //---> <div id="fb-root"></div> <script>(function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = "//connect.facebook.net/en_GB/all.js#xfbml=1"; fjs.parentNode.insertBefore(js, fjs); }(document, 'script', 'facebook-jssdk'));</script> <!--// Face book like code //---> <div id="page"> <div id="gl-header"> <div id="h-top-advert"> <div id="h-leaderboard"> <div style="background:#FFF; height:90px; width:728px;"> <script language="javascript" type="text/javascript"><!-- document.write('<scr'+'ipt language="javascript1.1" src="http://adserver.adtech.de/addyn|3.0|2102|3711082|0|225|ADTECH;loc=100;target=_blank;key=;grp=000030057;misc='+new Date().getTime()+'"></scri'+'pt>'); //--> </script><noscript><a href="http://adserver.adtech.de/adlink|3.0|2102|3711082|0|225|ADTECH;loc=300;key=;grp=000030057" target="_blank"><img src="http://adserver.adtech.de/adserv|3.0|604|3711082|0|225|ADTECH;loc=300;key=;grp=000030057" border="0" width="728" height="90" alt="" /></a></noscript> </div> </div> <div id="h-top-navigation-1"> <ul> <li><a href="/subscribe/" title="Subscribe to The Global Legal Post Magazine">Subscribe</a></li> <li><a href="/advertising/" title="Advertising">Advertising</a></li> </ul> </div> <div id="h-top-navigation-3"> <ul> <li><a href="/subscribe/email-updates/">Legal news by email</a></li> </ul> </div> </div> <div id="h-logo"> <a href="http://www.globallegalpost.com/" title="The Global Legal Post - News and Jobs"><img alt="The Global Legal Post - News and Jobs" src="/images/global-legal-post-v1.png"></a> </div> <div id="add-this-header" style="float:right; width:50px; margin:0px -60px 0px 0px ; padding:4px;"> <!-- AddThis Button BEGIN --> <!-- AddThis Smart Layers BEGIN --> <!-- AddThis Smart Layers BEGIN --> <!-- Go to http://www.addthis.com/get/smart-layers to customize --> <script type="text/javascript" src="//s7.addthis.com/js/300/addthis_widget.js#pubid=futurelex"></script> <script type="text/javascript"> addthis.layers({ 'theme' : 'transparent', 'share' : { 'position' : 'right', 'numPreferredServices' : 6 }, 'follow' : { 'services' : [ {'service': 'facebook', 'id': 'pages/The-Global-Legal-Post/209109612528131'}, {'service': 'twitter', 'id': 'GlobalLegalPost'}, {'service': 'google_follow', 'id': '115376359627454160625/posts'}, {'service': 'linkedin', 'id': 'the-global-legal-post', 'usertype': 'company'}, {'service': 'rss', 'id': 'http://http://www.globallegalpost.com/rss/'} ] }, 'whatsnext' : {}, 'recommended' : {} }); </script> <!-- AddThis Smart Layers END --> <!-- AddThis Button END --> </div> <div id="h-menu"> <ul> <li ><a title="Global Legal Post Home" href="/">Home</a></li> <li ><a title="Big stories" href="/big-stories/">Big stories</a></li> <li class="active" ><a title="Global view" href="/global-view/">Global view</a></li> <li ><a title="Corporate counsel" href="/corporate-counsel/">Corporate counsel</a></li> <li ><a title="Management speak" href="/management-speak/">Management speak</a></li> <li ><a title="Events" href="/events/">Events</a></li> <li ><a title="Blogs" href="/blogs/">Blogs</a></li> <li ><a title="Publications" href="/publications/">Publications</a></li> </ul> </div> <!-- Global view sub menus--> <div id="h-submenu"> <ul> <li ><a title="Business sector round up" href="/global-view/business-sector-round-up/">Business sector round up </a></li> <li ><a title="Who did the deals" href="/global-view/who-did-the-deals/">Who did the deals</a></li> <li ><a title="People" href="/global-view/people/">People</a></li> <li ><a title="Top tier" href="/global-view/top-tier/">Top tier</a></li> </ul> </div> </div> <style> .blog img {width:100%; height:100%; padding:0px 10px 0px 0px !important; clear:both; } .blogger { text-align:right; } .blogger h3{ font-size:16px; line-height:16px; padding-bottom:5px;} .blogger p{ font-size:14px;} .blogger img { float:right; width:30%; height:30%; padding:5px 0px !important; } #article-editors-pick { border:none; text-align:left;} em { font-style:italic !important;} .full-blog a {color: #ED1C24;} #copyright1 {float:right; font-size:8px;} </style> <script language="javascript"> var curHeight; var curWidth; function setMarginSize() { oImg = document.getElementById('copy-img'); nMarginTop = getImageSize(oImg) + 50; //document.getElementById('article-page-right').style.marginTop = nMarginTop.toString() + "px"; } function getImageSize(img){ var newImg = new Image(); newImg = img; return newImg.height; } </script> <div class="gl-main-content" onMouseMove="setMarginSize()"> <div class="container-left"> <div id="gl-breadcrumb"> <ul style="float:left; display:inline;"> <li><a href="/" title="Home">Home</a> <span>&#187;</span> </li><li><a href="/blogs/" title="Blogs">Blogs</a> <span>&#187;</span> </li><li><a href="/global-view/" title="Global view">Global view</a> <span>&#187;</span> </li><li>Disclosure and the costs implications</li> </ul> </div> <div id="add-this"> <!-- AddThis Button BEGIN --> <div class="addthis_toolbox addthis_default_style "> <a class="addthis_button_preferred_1"></a> <a class="addthis_button_preferred_2"></a> <a class="addthis_button_preferred_3"></a> <a class="addthis_button_preferred_4"></a> <a class="addthis_button_preferred_5"></a> <a class="addthis_button_compact"></a> <a class="addthis_counter addthis_bubble_style"></a> </div> <script type="text/javascript" src="http://s7.addthis.com/js/250/addthis_widget.js#pubid=futurelex"></script> <!-- AddThis Button END --> </div> <div class="blog-copy"> <div class="blog-container"> <div class="blog" style="border:0px; padding-top:15px;" > <span id="blog-strapline" style="font-size:24px; line-height:24px; background:#FEE94F; padding:0px 2px !important;">Blog - Global view</span> <h1 style="border:0px; padding-top:15px;">Disclosure and the costs implications</h1> <p id="article-summary" class="bold">Why is e&#45;disclosure so important, asks Davenport Lyons lawyer Theo Solley.</p> <img align="left" src="/uploads/images/E-disclosure1.jpg" title="Disclosure and the costs implications" alt="" /> <p class="img-desc">The judiciary are enforcing e&#45;disclosure requirements under the Jackson reforms </p> <div class="full-blog"><p> It&rsquo;s common knowledge that the key objective of disclosure is to capture the precise state of affairs between the parties to the litigation.&nbsp;Electronic documents and emails in particular are often the most revealing, something that was obvious during the fraud investigation into Goldman Sachs that was conducted by the United States Securities and Exchange Commission in the aftermath of the sub-prime market collapse.</p> <p> Even on this side of the Atlantic internal emails sent between employees of Goldman Sachs, which seemed to demonstrate their awareness the market would soon collapse whilst joking about the &ldquo;widows and orphans&rdquo; who would suffer, hit the headlines. In <em>Earles v Barclays Bank plc</em> [2010] Bus. L.R. 566, Judge Simon Brown QC demonstrated our judiciary&rsquo;s increased awareness of the importance of e-disclosure:</p> <p> <em>It might be contended that ... electronic disclosure [is] little known or practised outside the Admiralty and Commercial Court. If so, such myth needs to be swiftly dispelled when over 90 per cent&nbsp;of business documentation is electronic in form. The practice direction is in the CPR and those practising in civil courts are expected to know the rules and practice them; it is gross incompetence not to.</em></p> <p> Here, the parties had failed to take any steps towards preserving contemporaneous telephone or email records, and, contrary to PD 31.2A (now PD 31.B4), had similarly failed to discuss e-disclosure prior to the case management conference, or, indeed, at the case management conference itself.&nbsp;The attitude of the bank&rsquo;s &ldquo;first class legal team&rdquo; towards e-disclosure was, according to Judge Simon Brown QC, &ldquo;surprising and to be deplored&rdquo;, leading to his decision to reduce their costs entitlement to 50 per cent.</p> <p> Obligations relating to e-disclosure begin as soon as litigation is contemplated, and, in particularly heavy and complex cases, the parties may even need to discuss the precise manner in which they intend to conduct e-disclosure before proceedings are commenced.&nbsp; It is therefore clear that, firstly, there are severe consequences for failing to adhere to electronic disclosure obligations; and, secondly, that many of these obligations arise early in the course of proceedings.&nbsp;</p> <p> <strong>What should I do?</strong></p> <p> Early preparation is crucial.&nbsp; It is important for solicitors to work closely with their clients and conduct a detailed review of their electronic systems and the working practices of their personnel.&nbsp; This could include interviewing key members of staff, instructing technology specialists and undertaking site visits.&nbsp; By conducting such a review, not only will parties be in a better position to comply with their e-disclosure obligations, they should also be able to avoid problems after proceedings have commenced.<br /> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br /> The case of <em>West Africa Gas Pipeline v Willbros Global Holdings Inc</em> [2012] EWHC 396 (TCC) provides a stark example of the myriad difficulties that can arise from the failure to conduct an adequate initial review.&nbsp; Here, there appears to have been little initial communication between the Respondent and their solicitors, which led to the Respondent failing to identify all the relevant custodians of information, and failing to identify relevant repositories of e-documents in certain folders and sub-folders.&nbsp;</p> <p> This proved an embarrassment for the respondent, when, on numerous occasions, their failure to provide specific documents only came to light when relevant emails were paraded before them which clearly ought to have been disclosed.&nbsp; At an application almost two years after proceedings had commenced, the respondent had disclosed an additional 47,197 documents, with additional documents yet to be disclosed.&nbsp; The failure to provide a &ldquo;consistent and complete set of electronic data for the purposes of electronic disclosure&rdquo; was, according to Mr Justice Ramsey, a &ldquo;serious mistake&rdquo; which &ldquo;resulted from an inadequate initial review&rdquo;.&nbsp; As a result, the Respondent was ordered to pay 50 per cent &nbsp;of the Applicant&rsquo;s costs in reviewing these additional documents.&nbsp;&nbsp;&nbsp;</p> <p> <strong>The cost implications</strong></p> <p> The judiciary has demonstrated that it is fully aware of the significance of e-disclosure and is willing to punish parties who have not complied with their obligations.Clearly, with the change of culture following the Jackson Reforms, it is more important than ever that solicitors are aware of the cost consequences that will arise from any such failures.&nbsp; As solicitors well know, there is always the danger of a professional negligence claim should they fail to comply with their obligations.&nbsp;We have been warned.&nbsp;</p> <p> &nbsp;</p></div> <div id="registration" style="padding:30px 0px;" > <div class="bottom-overlay-box" style="width:190px; background:none !important;"> <form action="/subscribe/email-updates/" method="post"> <button class="btn signup-btn" type="submit" > Sign up for daily email updates </button> </form> </div> </div> </div> <div class="blogger-right" id="blogger" > <img align="left" src="/uploads/images/Theo Solley.jpg" alt="" /> <p>Posted by:</p> <p class="name"><a href="/profile/theo-solley/">Theo<br>Solley</a></p> <p class="email"><a href="mailto:tsolley@davenportlyons.com">tsolley@davenportlyons.com</a></p> <p class="posted">16 December 2013</p> </div> <div id="article-editors-pick" class="blogger-right"> <h2>Editor's picks</h2> <div class="gl-underline-lite" id="editors-pick-list"> <a href="/blogs/commentary/niche-law-firms-poised-to-benefit-from-artificial-intelligence-71222603/"><img align="left" src="/uploads/images/artificial intelligence 500 (2).jpg" alt="" style="padding-right:0px; width:100%; height:100%;" /></a> <h3><a href="/blogs/commentary/niche-law-firms-poised-to-benefit-from-artificial-intelligence-71222603/">Niche law firms poised to benefit from artificial intelligence</a></h3> </div> <div class="gl-underline-lite" id="editors-pick-list"> <a href="/blogs/management-speak/unlocking-the-blockchain-enigma-80845361/"><img align="left" src="/uploads/images/Blockchain (blog pic).jpg" alt="" style="padding-right:0px; width:100%; height:100%;" /></a> <h3><a href="/blogs/management-speak/unlocking-the-blockchain-enigma-80845361/">Unlocking the blockchain enigma</a></h3> </div> <div class="gl-underline-lite" id="editors-pick-list"> <a href="/blogs/management-speak/blockchain-reinventing-legal-services-50413301/"><img align="left" src="/uploads/images/Blockchain (blog size).jpg" alt="" style="padding-right:0px; width:100%; height:100%;" /></a> <h3><a href="/blogs/management-speak/blockchain-reinventing-legal-services-50413301/">Blockchain: Reinventing legal services?</a></h3> </div> <div class="gl-underline-lite" id="editors-pick-list"> <a href="/blogs/big-stories/life-balance---the-key-to-harmony-for-lawyers-7488605/"><img align="left" src="/uploads/images/Balance.jpg" alt="" style="padding-right:0px; width:100%; height:100%;" /></a> <h3><a href="/blogs/big-stories/life-balance---the-key-to-harmony-for-lawyers-7488605/">Life balance &#45; the key to harmony for lawyers</a></h3> </div> <div class="gl-underline-lite" id="editors-pick-list"> <a href="/blogs/commentary/the-art-of-mindfulness-36306064/"><img align="left" src="/uploads/images/Mindfulness2.jpg" alt="" style="padding-right:0px; width:100%; height:100%;" /></a> <h3><a href="/blogs/commentary/the-art-of-mindfulness-36306064/">The art of mindfulness</a></h3> </div> <div class="gl-underline-lite" id="editors-pick-list"> <a href="/blogs/commentary/four-ways-law-firms-can-support-exiting-lawyers-17304705/"><img align="left" src="/uploads/images/Exit2.jpg" alt="" style="padding-right:0px; width:100%; height:100%;" /></a> <h3><a href="/blogs/commentary/four-ways-law-firms-can-support-exiting-lawyers-17304705/">Four ways law firms can support exiting lawyers</a></h3> </div> </div> </div> <div class="blog-container" style="padding:0px 0px 0px 10px;"> </div> </div><!-- article-copy --> </div> <!-- container-left --> <div class="container-right" > <ul id="globalSearch"> <form name="search" action="/search/" method="post" > <input name="fBtnSubmit" type="submit" value="Search" style=" float:right; background:#830005; width:100px; height:24px; border:none; color:#FFFFFF; font-weight:bold; margin:0px;" border="0" /> <input type="text" name="q" class="textfield" style="width:190px; height:20px; border: solid 1px #ddd;" /> <input name="fSubmit" type="hidden" class="hidden" value="true" /> </form> </ul> <div id="google_translate_element" style="clear:both;"></div><script type="text/javascript"> function googleTranslateElementInit() { new google.translate.TranslateElement({pageLanguage: 'en', layout: google.translate.TranslateElement.InlineLayout.HORIZONTAL, gaTrack: true, gaId: 'UA-1165937-16'}, 'google_translate_element'); } </script><script type="text/javascript" src="//translate.google.com/translate_a/element.js?cb=googleTranslateElementInit"></script> <div class="advert-item" style="padding-top:8px;"> <script language="javascript" type="text/javascript"><!-- document.write('<scr'+'ipt language="javascript1.1" src="http://adserver.adtech.de/addyn|3.0|2102|3711083|0|170|ADTECH;loc=100;target=_blank;key=;grp=000030057;misc='+new Date().getTime()+'"></scri'+'pt>'); //--> </script><noscript><a href="http://adserver.adtech.de/adlink|3.0|2102|3711083|0|170|ADTECH;loc=300;key=;grp=000030057" target="_blank"><img src="http://adserver.adtech.de/adserv|3.0|604|3711083|0|170|ADTECH;loc=300;key=;grp=000030057" border="0" width="300" height="250" alt="" /></a></noscript> </div> <div class="advert-item" style="padding-top:8px;"> <script async src="//pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script> <!-- glp_mpu_300_250 --> </div> <div> <div style=" background:#FFF; width:169px; float:right; margin-top:10px; clear:both;"> <div id="top-stories-site"> <h2>Latest stories</h2> <div class="copy-item gl-underline-dark" id="top-news" style="padding-bottom:5px;" > <img align="left" src="/uploads/images/shutterstock_96634882.jpg" width="100px" alt="" /> <p id="Strapline">CONVEYANCING</p> <h3><a href="/big-stories/ireland-to-shake-up-property-conveyancing-75872505/">Ireland to shake up property conveyancing</a></h3> </div> <ul> <li class="gl-underline-dark"><a href="/big-stories/mixed-emotions-as-scots-legal-profession-gets-the-memo-73738660/">&#39;Mixed emotions&#39; as Scots legal profession gets the memo</a></li> <li class="gl-underline-dark"><a href="/big-stories/huawei-finance-chief-lands-into-legal-wrangle-83168388/">Huawei finance chief lands into legal wrangle</a></li> <li class="gl-underline-dark"><a href="/management-speak/tesco-the-sfo-and-lady-justice---the-rational-choice-1004256/">Tesco, the SFO and Lady Justice &#45; the rational choice</a></li> <li class="gl-underline-dark"><a href="/big-stories/swiss-finance-minister-wary-over-blockchain-laws-34167653/">Swiss finance minister wary over blockchain laws</a></li> </ul> </div> <div id="top-stories-site"> <h2>Popular stories</h2> <div class="copy-item gl-underline-dark" id="top-news" style="padding-bottom:10px;" > <img align="left" src="/uploads/images/shutterstock_96634882.jpg" style="padding-right:0px; width:159px" alt="" /> <p id="Strapline">CONVEYANCING</p> <h3><a href="/big-stories/ireland-to-shake-up-property-conveyancing-75872505/">Ireland to shake up property conveyancing</a></h3> </div> <ul style="clear:both;"> <li class="gl-underline-dark"><a href="/big-stories/new-research-and-leading-barrister-warn-profession-over-silence-26740712/">New research and leading barrister warn profession over &#39;silence&#39;</a></li> <li class="gl-underline-dark"><a href="/big-stories/swiss-finance-minister-wary-over-blockchain-laws-34167653/">Swiss finance minister wary over blockchain laws</a></li> <li class="gl-underline-dark"><a href="/big-stories/danish-lawyer-wins-international-maritime-prize-19321341/">Danish Lawyer wins international maritime prize</a></li> <li class="gl-underline-dark"><a href="/big-stories/wine-case-was-corked-63699552/">Wine case was corked</a></li> </ul> </div> </div> <div class="advert-item" style="padding:10px 0px;"> <script language="javascript" type="text/javascript"><!-- document.write('<scr'+'ipt language="javascript1.1" src="http://adserver.adtech.de/addyn|3.0|2102|3711248|0|168|ADTECH;loc=100;target=_blank;key=;grp=000030057;misc='+new Date().getTime()+'"></scri'+'pt>'); //--> </script><noscript><a href="http://adserver.adtech.de/adlink|3.0|2102|3711248|0|168|ADTECH;loc=300;key=;grp=000030057" target="_blank"><img src="http://adserver.adtech.de/adserv|3.0|604|3711248|0|168|ADTECH;loc=300;key=;grp=000030057" border="0" width="120" height="600" alt="" /></a></noscript> </div> <div class="advert-item" style="padding:5px 0px;"> <a href="http://www.winston.com" target="_blank"><img src="/images/adverts/WinstonStrawn_button.gif" border="0" ></a> </div> <div class="advert-item" style="padding:5px 0px;"> <a href="http://www.udruga-korporativnih-pravnika.hr/" target="_blank"><img src="/images/adverts/croatian_association.jpg" border="0" ></a> </div> <div class="advert-item" style="padding:5px 0px;"> <a href="http://www.capstan.fr" target="_blank"><img src="/images/adverts/capstan.jpg" border="0" width="120" style="border: 1px solid #CCCCCC;" ></a> </div> <div class="advert-item" style="padding:5px 0px;"> <a href="http://www.weerawongcp.com/" target="_blank"><img src="/images/adverts/weerawong.png" border="0" width="120" style="border: 1px solid #CCCCCC;" ></a> </div> </div> <div class="advert-item" style="clear:both;"> <script charset="utf-8" src="http://widgets.twimg.com/j/2/widget.js"></script> <script> new TWTR.Widget({ version: 2, type: 'search', search: 'GlobalLegalPost', interval: 30000, title: 'Conversations', subject: 'Global Legal Post', width: '100%', height: 300, theme: { shell: { background: '#8ec1da', color: '#ffffff' }, tweets: { background: '#ffffff', color: '#444444', links: '#1985b5' } }, features: { scrollbar: true, loop: true, live: true, behavior: 'default' } }).render().start(); </script> </div> &nbsp; </div> &nbsp; &nbsp; <br> &nbsp; <br> &nbsp; <br> </div> &nbsp; <div id="catapult-cookie-bar">This site uses cookies<button onclick="catapultAcceptCookies()" id="catapultCookie">No problem</button><a href="/cookie-policy/">More info</a> | <a href="/privacy-policy/">Privacy Policy</a></div> <div id="gl-footer"> <div id="logo" class="footer-sub-box"> <a href="/" title="The Global Legal Post"><img border="0" width="400px" alt="The Global Legal Post" src="/images/global-legal-post-short-v1.png"></a> </div> <div id="connect-us" class="footer-sub-box" style="margin-top:-5px;"> <ul> <li class="gl-underline1"><h5><a href="/contact-us/">Contact us</a></h5></h5></li> <li><p>The Global Legal Post <br> 86-90 Paul Street<br> London EC2A 4NE<br> United Kingdom </p> </li> <li>Tel: +44 (0) 20 7193 5801<br> Editorial: +44 (0)20 7193 5370 <br> </ul> </div> <div id="gl-subscription" class="footer-sub-box" > <ul> <li class="gl-underline1"><h5><a href="/subscribe/">Subscriptions</a></h5></li> <li><p>E: <a href="mailto:subscriptions@globallegalpost.com">subscriptions@globallegalpost.com</a><br> T: +44 (0) 20 7193 5342</p></li> <br> <li class="gl-underline1"><h5><a href="/advertising/">Commercial</a></h5></li> <li><p>E: <a href="mailto:advertising@globallegalpost.com">advertising@globallegalpost.com</a><br> T: +44 (0) 20 7193 5216</p></li> </ul> </div> </div> <div id="footer"> <div id="col1" style="width:150px;"> <ul> <li class="title"><a href="/region/" title="Regional legal news" >Region</a></li> <li><a href="/region/asia/" title="Asia legal news" >Asia</a></li> <li><a href="/region/europe/" title="Europe legal news">Europe</a></li> <li><a href="/region/north-america/" title="North America legal news" >North America</a></li> <li><a href="/region/middle-east/" title="Middle East legal news" >Middle East</a></li> <li><a href="/region/latin-america/" title="Latin America legal news" >Latin America</a></li> <li><a href="/region/africa/" title="Africa legal news" >Africa</a></li> <li><a href="/region/oceania/" title="Oceania legal news" >Oceania</a></li> <li><a href="/region/global/" title="Global legal news" >Global</a></li> <br> <li class="title"><a href="/whats-new/25_june_2012/" rel="nofollow" title="What's new" >News</a> </li> </ul> </div> <div id="col1" style="width:190px;"> <ul> <li class="title">Sections</li> <li ><a href="/" title="Global Legal Post Home">Home</a></li> <li ><a href="/big-stories/" title="Big stories">Big stories</a></li> <li ><a href="/commentary/" title="Commentary">Commentary</a> <ul style=" margin-left:10px;"> <li >- <a href="/bookshelf/" title="Bookshelf">Bookshelf</a></li> </ul> </li> <li ><a href="/global-view/" title="Global view">Global view</a> <ul style=" margin-left:10px;"> <li >- <a href="/global-view/business-sector-round-up/" title="Business sector round up">Business sector round up </a></li> <li >- <a href="/global-view/who-did-the-deals/" title="Who did the deals">Who did the deals</a></li> <li >- <a href="/global-view/people/" title="People">People</a></li> <li >- <a href="/global-view/top-tier/" title="Top tier">Top tier</a></li> </ul> </li> <li ><a href="/corporate-counsel/" title="Corporate counsel">Corporate counsel</a></li> <li ><a href="/management-speak/" title="Management speak">Management speak</a> <ul style=" margin-left:10px;"> <li >- <a href="/management-speak/the-big-idea/" title="The Big Idea">The Big Idea</a></li> <li >- <a href="/management-speak/technophile/" title="Technophile">Technophile</a></li> <li >- <a title="Legal process outsourcing" href="/management-speak/legal-process-outsourcing/">Legal Process Outsourcing</a></li> </ul> </li> <li ><a title="Events" href="/events/">Events</a></li> <li ><a title="Blogs" href="/blogs/">Blogs</a> <ul style=" margin-left:10px;"> <li >- <a href="/blagging-the-blogs/" title="Blagging the blogs">Blagging the blogs</a></li> </ul> </li> </ul> </div> <div id="col1"> <ul> <li class="title"><a href="/sector/" title="Legal news by sector">Sector</a></li> <li><a href="/sector/banking-finance/" title="Banking/finance">Banking/finance</a></li> <li><a href="/sector/corporate-commercial/" title="Corporate/commercial">Corporate/commercial</a></li> <li><a href="/sector/employment/" title="Employment">Employment</a></li> <li><a href="/sector/intellectual-property-trademark/" title="Intellectual property/trademark">Intellectual property/trademark</a></li> <li><a href="/sector/litigation-dispute-resolution/" title="Litigation/dispute resolution">Litigation/dispute resolution</a></li> <li><a href="/sector/tax/" title="Tax">Tax</a></li> <li><a href="/sector/media/" title="Media">Media</a></li> <li><a href="/sector/property/" title="Property">Property</a></li> <li><a href="/sector/regulatory/" title="Regulatory">Regulatory</a></li> <li><a href="/sector/technology-telecommunications/" title="Technology/telecommunications">Technology/telecommunications</a></li> <li><a href="/sector/shipping-aviation/" title="Shipping/aviation">Shipping/aviation</a></li> </ul> </div> <div id="col0"> <ul> <li class="title"><a href="/about-us/" title="About us">About us</a> </li> <li class="title"><a href="/privacy-policy/" title="Privacy Policy">Privacy Policy</a> </li> <li class="title"><a href="/contact-us/" title="Contact us">Contact us</a> </li> <li class="title"><a href="/profile/legal-contributors/" title="Legal contributors">Legal contributors</a> </li> <li class="title"><a href="/subscribe/" title="Subscriptions">Subscriptions</a> </li> <li class="title"><a href="/advertising/" title="Advertising">Advertising</a> </li> <li class="title"><a href="/web-feeds/" title="Web feeds">Web feeds</a> </li> <li class="title"><a href="/links/" title="Links">Links</a> </li> <br> <li class="title"><a href="/testimonials/" title="Testimonials">Testimonials</a> </li> <li class="title"><a href="/site-map/" title="Site Map">Site Map</a> </li> <li class="title"><a href="/site-map/google-news-site-map.xml" title="Google News Site Map">Google News Site Map</a> </li> </ul> </div> <div id="col0" style="width:230px;"> <ul style="padding:0px 5px;"> <li><a href="https://twitter.com/#!/GlobalLegalPost" target="_blank" class="twitter-follow-button" data-show-count="false" data-size="large">Follow @GlobalLegalPost</a> <script>!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src="//platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs");</script> </li> </ul> </div> <table width="100%"> <tbody><tr> <td width="950px" color:"#fff"="" style="padding: 10px"><br><font style=" font-weight:bold;">Copyright 2018 &copy; Global City Media Ltd. All Rights Reserved</font><br> <a href="/contact-us/">Contact Us</a> | <a href="/global-legal-post-terms/">Terms</a> | <a href="/privacy-policy/" title="Privacy Policy">Privacy Policy</a> | <a href="/site-map/">Site Map</a> <br><br></td> </tr> </tbody></table> <!-- end footer --> </div> </div> </body> </html> <script src="http://code.jquery.com/jquery-latest.js"></script> <style> #block-news { background-color:#770000; width:100px; border-top:0px solid green; position:fixed; right:5px; bottom:5px; height:5px; } #block-news p, #block-news h2 a, #block-news h3 a {color:#FFFFFF;} .blockx{ position: relative; background-color: #770000; width: 428px; height: 40px; float: left; margin: 5px; float: left; position: relative; } #block1 { background:red; width: 438px; height:120px;} #block1 { background:blue; width: 438px; height:120px;} #block1 { background:yellow; width: 438px; height:120px;} #block-news img{width:25% !important;} </style>
HTTPReferer [empty string]
Mailto siva@globallegalpost.com
Message Unable to read the source URL.
QueryString [empty string]
RemoteAddress 54.163.42.154
RootCause
struct
Detail No buffer space available (maximum connections reached?): connect
Message Unable to read the source URL.
StackTrace coldfusion.syndication.FeedReader$UnableToReadSourceURLException: Unable to read the source URL. at coldfusion.syndication.FeedReader.readFeed(FeedReader.java:122) at coldfusion.syndication.FeedReader.<init>(FeedReader.java:94) at coldfusion.tagext.io.FeedTag.doStartTag(FeedTag.java:92) at coldfusion.runtime.CfJspPage._emptyTcfTag(CfJspPage.java:2722) at cffooter2ecfm526819990.runPage(D:\websites\globallegalpost.live\www.globallegalpost.com\public\includes\layout\footer.cfm:269) at coldfusion.runtime.CfJspPage.invoke(CfJspPage.java:231) at coldfusion.tagext.lang.IncludeTag.doStartTag(IncludeTag.java:416) at coldfusion.runtime.CfJspPage._emptyTcfTag(CfJspPage.java:2722) at cfshow2dblog2ecfm1747743238.runPage(D:\websites\globallegalpost.live\www.globallegalpost.com\public\includes\functional\show-blog.cfm:300) at coldfusion.runtime.CfJspPage.invoke(CfJspPage.java:231) at coldfusion.tagext.lang.IncludeTag.doStartTag(IncludeTag.java:416) at coldfusion.runtime.CfJspPage._emptyTcfTag(CfJspPage.java:2722) at cfindex2ecfm1806141865.runPage(D:\websites\globallegalpost.live\www.globallegalpost.com\public\blogs\global-view\disclosure-and-the-costs-implications-90539028\index.cfm:15) at coldfusion.runtime.CfJspPage.invoke(CfJspPage.java:231) at coldfusion.tagext.lang.IncludeTag.doStartTag(IncludeTag.java:416) at coldfusion.filter.CfincludeFilter.invoke(CfincludeFilter.java:65) at coldfusion.filter.ApplicationFilter.invoke(ApplicationFilter.java:381) at coldfusion.filter.RequestMonitorFilter.invoke(RequestMonitorFilter.java:48) at coldfusion.filter.MonitoringFilter.invoke(MonitoringFilter.java:40) at coldfusion.filter.PathFilter.invoke(PathFilter.java:94) at coldfusion.filter.ExceptionFilter.invoke(ExceptionFilter.java:70) at coldfusion.filter.ClientScopePersistenceFilter.invoke(ClientScopePersistenceFilter.java:28) at coldfusion.filter.BrowserFilter.invoke(BrowserFilter.java:38) at coldfusion.filter.NoCacheFilter.invoke(NoCacheFilter.java:46) at coldfusion.filter.GlobalsFilter.invoke(GlobalsFilter.java:38) at coldfusion.filter.DatasourceFilter.invoke(DatasourceFilter.java:22) at coldfusion.filter.CachingFilter.invoke(CachingFilter.java:62) at coldfusion.CfmServlet.service(CfmServlet.java:200) at coldfusion.bootstrap.BootstrapServlet.service(BootstrapServlet.java:89) at jrun.servlet.FilterChain.doFilter(FilterChain.java:86) at coldfusion.monitor.event.MonitoringServletFilter.doFilter(MonitoringServletFilter.java:42) at coldfusion.bootstrap.BootstrapFilter.doFilter(BootstrapFilter.java:46) at jrun.servlet.FilterChain.doFilter(FilterChain.java:94) at jrun.servlet.FilterChain.service(FilterChain.java:101) at jrun.servlet.ServletInvoker.invoke(ServletInvoker.java:106) at jrun.servlet.JRunInvokerChain.invokeNext(JRunInvokerChain.java:42) at jrun.servlet.JRunRequestDispatcher.invoke(JRunRequestDispatcher.java:286) at jrun.servlet.ServletEngineService.dispatch(ServletEngineService.java:543) at jrun.servlet.jrpp.JRunProxyService.invokeRunnable(JRunProxyService.java:203) at jrunx.scheduler.ThreadPool$DownstreamMetrics.invokeRunnable(ThreadPool.java:320) at jrunx.scheduler.ThreadPool$ThreadThrottle.invokeRunnable(ThreadPool.java:428) at jrunx.scheduler.ThreadPool$UpstreamMetrics.invokeRunnable(ThreadPool.java:266) at jrunx.scheduler.WorkerThread.run(WorkerThread.java:66)
TagContext
array
1
struct
COLUMN 0
ID CFFEED
LINE 269
RAW_TRACE at cffooter2ecfm526819990.runPage(D:\websites\globallegalpost.live\www.globallegalpost.com\public\includes\layout\footer.cfm:269)
TEMPLATE D:\websites\globallegalpost.live\www.globallegalpost.com\public\includes\layout\footer.cfm
TYPE CFML
2
struct
COLUMN 0
ID CFINCLUDE
LINE 300
RAW_TRACE at cfshow2dblog2ecfm1747743238.runPage(D:\websites\globallegalpost.live\www.globallegalpost.com\public\includes\functional\show-blog.cfm:300)
TEMPLATE D:\websites\globallegalpost.live\www.globallegalpost.com\public\includes\functional\show-blog.cfm
TYPE CFML
3
struct
COLUMN 0
ID CFINCLUDE
LINE 15
RAW_TRACE at cfindex2ecfm1806141865.runPage(D:\websites\globallegalpost.live\www.globallegalpost.com\public\blogs\global-view\disclosure-and-the-costs-implications-90539028\index.cfm:15)
TEMPLATE D:\websites\globallegalpost.live\www.globallegalpost.com\public\blogs\global-view\disclosure-and-the-costs-implications-90539028\index.cfm
TYPE CFML
Type Application
message Unable to read the source URL.
StackTrace coldfusion.syndication.FeedReader$UnableToReadSourceURLException: Unable to read the source URL. at coldfusion.syndication.FeedReader.readFeed(FeedReader.java:122) at coldfusion.syndication.FeedReader.<init>(FeedReader.java:94) at coldfusion.tagext.io.FeedTag.doStartTag(FeedTag.java:92) at coldfusion.runtime.CfJspPage._emptyTcfTag(CfJspPage.java:2722) at cffooter2ecfm526819990.runPage(D:\websites\globallegalpost.live\www.globallegalpost.com\public\includes\layout\footer.cfm:269) at coldfusion.runtime.CfJspPage.invoke(CfJspPage.java:231) at coldfusion.tagext.lang.IncludeTag.doStartTag(IncludeTag.java:416) at coldfusion.runtime.CfJspPage._emptyTcfTag(CfJspPage.java:2722) at cfshow2dblog2ecfm1747743238.runPage(D:\websites\globallegalpost.live\www.globallegalpost.com\public\includes\functional\show-blog.cfm:300) at coldfusion.runtime.CfJspPage.invoke(CfJspPage.java:231) at coldfusion.tagext.lang.IncludeTag.doStartTag(IncludeTag.java:416) at coldfusion.runtime.CfJspPage._emptyTcfTag(CfJspPage.java:2722) at cfindex2ecfm1806141865.runPage(D:\websites\globallegalpost.live\www.globallegalpost.com\public\blogs\global-view\disclosure-and-the-costs-implications-90539028\index.cfm:15) at coldfusion.runtime.CfJspPage.invoke(CfJspPage.java:231) at coldfusion.tagext.lang.IncludeTag.doStartTag(IncludeTag.java:416) at coldfusion.filter.CfincludeFilter.invoke(CfincludeFilter.java:65) at coldfusion.filter.ApplicationFilter.invoke(ApplicationFilter.java:381) at coldfusion.filter.RequestMonitorFilter.invoke(RequestMonitorFilter.java:48) at coldfusion.filter.MonitoringFilter.invoke(MonitoringFilter.java:40) at coldfusion.filter.PathFilter.invoke(PathFilter.java:94) at coldfusion.filter.ExceptionFilter.invoke(ExceptionFilter.java:70) at coldfusion.filter.ClientScopePersistenceFilter.invoke(ClientScopePersistenceFilter.java:28) at coldfusion.filter.BrowserFilter.invoke(BrowserFilter.java:38) at coldfusion.filter.NoCacheFilter.invoke(NoCacheFilter.java:46) at coldfusion.filter.GlobalsFilter.invoke(GlobalsFilter.java:38) at coldfusion.filter.DatasourceFilter.invoke(DatasourceFilter.java:22) at coldfusion.filter.CachingFilter.invoke(CachingFilter.java:62) at coldfusion.CfmServlet.service(CfmServlet.java:200) at coldfusion.bootstrap.BootstrapServlet.service(BootstrapServlet.java:89) at jrun.servlet.FilterChain.doFilter(FilterChain.java:86) at coldfusion.monitor.event.MonitoringServletFilter.doFilter(MonitoringServletFilter.java:42) at coldfusion.bootstrap.BootstrapFilter.doFilter(BootstrapFilter.java:46) at jrun.servlet.FilterChain.doFilter(FilterChain.java:94) at jrun.servlet.FilterChain.service(FilterChain.java:101) at jrun.servlet.ServletInvoker.invoke(ServletInvoker.java:106) at jrun.servlet.JRunInvokerChain.invokeNext(JRunInvokerChain.java:42) at jrun.servlet.JRunRequestDispatcher.invoke(JRunRequestDispatcher.java:286) at jrun.servlet.ServletEngineService.dispatch(ServletEngineService.java:543) at jrun.servlet.jrpp.JRunProxyService.invokeRunnable(JRunProxyService.java:203) at jrunx.scheduler.ThreadPool$DownstreamMetrics.invokeRunnable(ThreadPool.java:320) at jrunx.scheduler.ThreadPool$ThreadThrottle.invokeRunnable(ThreadPool.java:428) at jrunx.scheduler.ThreadPool$UpstreamMetrics.invokeRunnable(ThreadPool.java:266) at jrunx.scheduler.WorkerThread.run(WorkerThread.java:66)
TagContext
array
1
struct
COLUMN 0
ID CFFEED
LINE 269
RAW_TRACE at cffooter2ecfm526819990.runPage(D:\websites\globallegalpost.live\www.globallegalpost.com\public\includes\layout\footer.cfm:269)
TEMPLATE D:\websites\globallegalpost.live\www.globallegalpost.com\public\includes\layout\footer.cfm
TYPE CFML
2
struct
COLUMN 0
ID CFINCLUDE
LINE 300
RAW_TRACE at cfshow2dblog2ecfm1747743238.runPage(D:\websites\globallegalpost.live\www.globallegalpost.com\public\includes\functional\show-blog.cfm:300)
TEMPLATE D:\websites\globallegalpost.live\www.globallegalpost.com\public\includes\functional\show-blog.cfm
TYPE CFML
3
struct
COLUMN 0
ID CFINCLUDE
LINE 15
RAW_TRACE at cfindex2ecfm1806141865.runPage(D:\websites\globallegalpost.live\www.globallegalpost.com\public\blogs\global-view\disclosure-and-the-costs-implications-90539028\index.cfm:15)
TEMPLATE D:\websites\globallegalpost.live\www.globallegalpost.com\public\blogs\global-view\disclosure-and-the-costs-implications-90539028\index.cfm
TYPE CFML
Template /blogs/global-view/disclosure-and-the-costs-implications-90539028/index.cfm
Type coldfusion.runtime.CfErrorWrapper