Acquisition finance update

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Latest Briefings

The Commercial Agents Regulations: a step behind the times?

By Alex Williamson The Commercial Agents (Council Directive) Regulations 1993 (the Regulations) are 25 years old this year. An evaluation by the European Commission concluded in 2015 that the underlying Commercial Agents Directive (the Directive) still met its objectives and functioned well. However, a recent Court of Appeal decision has shown that the legislation is struggling to […]

Exclusion clauses under the spotlight: UCTA reasonableness

By Perran Jervis In decisions handed down one day apart, the Court of Appeal concluded that a far-reaching exclusion clause which limited liability for negligence was reasonable under the Unfair Contract Terms Act 1977 (UCTA), whereas an exclusion clause in a lease (in the form of a non-reliance clause) was not. The decisions emphasise that […]

Currency, cost calculations and contractual clarity

Walker Morris’ Head of Commercial Dispute Resolution, Gwendoline Davies, highlights the importance of dealing comprehensively and clearly with matters of currency and calculation in cross-border contracts…

Belgian draft Trade Secrets Act: opportunities for the life sciences sector

On 8 June 2016, the EU Trade Secrets Directive was adopted. The main purpose of the Directive was to harmonise and enhance the protection of trade secrets EU-wide and to thus create an innovation-friendly environment for businesses. The EU Member States had to implement this Directive by 9 June 2018. Belgium missed the deadline, but […]

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Top international deals

UNITED STATES The $33bn (£17.7bn) private equity consortium buyout of Tennessee’s Hospital Corporation of America (HCA) was the largest deal of its kind this year. Simpson Thacher & Bartlett advised private equity giant Kohlberg Kravis Roberts (KKR), Proskauer Rose acted for Merrill Lynch Global Private Equity and Ropes & Gray advised Bain Capital. Sullivan & […]

Wragges Conkers all

Autumn. Season of mist, mellow fruitfulness and the Conker Cup. As the nights draw in and the fruits fill with ripeness to the core, Tulkinghorn simply can’t wait until 5 October, when the Wragges-sponsored event kicks off (with help from Lovells) at the Great Eastern Hotel. Last year it raised more than £25,000 for the […]

Weil loses out on United Biscuits deal

Premier backed out of the bid for United Biscuits today, taking its legal advisers at Weil Gotshal & Manges with it. Although it had been reported that Premier could not raise sufficient funds for the bid, a source told The Lawyer that the company, whose brands include Branston and Ambrosia, was not prepared to pay […]

Rodger and out

Former Allen & Overy (A&O) PR supremo Iain Rodger really pulled out the stops for his umpteenth and final leaving do, taking the time-honoured strategy of treating his best-loved colleagues and contacts to a night at the pub next door. Dodge’s legacy will spread way beyond the walls of A&O, as proved by the vast […]

Well-oiled defence wins genocide case

Despite George Clooney’s best efforts at the UN on Thursday (14 September), last week was better for oil companies than those campaigning against genocide in Sudan. A group led by the Presbyterian Church of Sudan failed in the first US human rights case of its kind against Canadian oil giant Talisman. The plaintiffs sued Talisman, […]

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