Advent drops Lovells after Weil raid

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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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Firm profile: Anthony Collins

Birmingham-based firm Anthony Collins has seen steady growth since its management reshuffle two years ago, culminating in a 6 per cent rise in turnover last year to reach £10m. Senior partners: Romaine Thompson, Ian McQuay Turnover: £10m Total number of partners: 22 Total number of equity partners: 13 Total number of fee-earners: 103 Main practice […]

Fladgates enjoys 10 per cent revenue rise

West End firm Fladgate Fielder is expecting to post profit per equity partner (PEP) in excess of £500,000 for 2006 once the firm’s accounts have been audited. The firm’s revenue rose to £22.6m, an increase of 10 per cent. Provisional figures put average PEP up by nearly 20 per cent at £508,000, with the spread […]

Enron executives found guilty

Former Enron chief executives Ken Lay and Jeffrey Skilling have been found guilty of fraud. Lay, 64, and Skilling, 52, were charged with hiding the weak financial condition of the energy company that collapsed into bankruptcy amid a wave of accounting scandals in December 2001. Lay was convicted on all six counts, while Skilling was […]

Applebys and Bailhache merge to create offshore powerhouse

Offshore law firms Appleby Spurling Hunter and Bailhache Labesse will merge on September 1 creating a firm with six offices and more than 600 employees. The new firm will be known as Appleby Hunter Bailhache and will offer legal, fiduciary and administrative services. Appleby Spurling Hunter’s managing partner, Peter Bubenzer, said: “Our strategic vision is […]

Who’ll be the first to float?

Last Wednesday (24 May) saw the biggest shake-up of the UK legal market for decades move a step closer. And the legislative process is moving unusually quickly: Lord Falconer commented that it was “just seven months” since the publication of the ‘Future of Legal Services’ white paper. Now the joint committee of the Houses of […]

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