Ashurst, CC called upon for Genting’s Stanley bid

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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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Chairman threatens Kirkpatrick UK

The chairman of Kirkpatrick & Lockhart Nicholson Graham has threatened his London office with “a bloody nose” when the guaranteed payments it has been paying to City partners end in January 2007. Kirkpatrick chairman Peter Kalis said the new merit-based system was “definitely not” an eat-what-you-kill system, but would be based on a partners’ contributions […]

Ashurst, Clydes and Freshfields aid UAE AIM float

Ashurst, Clyde & Co and Freshfields Bruckhaus Deringer have all won roles on the first AIM flotation of a company that is fully based in the UAE. Sharjah-headquarted Lamprell instructed its longstanding advisers, Clyde & Co, for its listing in which it hopes to raise £300m. This will make it the third-largest flotation that AIM […]

iLaw name sparks English-Irish battle

The new three-partner IP/IT boutique set up by former partners at Osborne Clarke and DMH Stallard has been hit with a lawsuit in its first week of operation. iLaw Legal Services is facing a claim from Dublin-based Mason Hayes & Curran and Belfast’s Carson McDowell that it has breached a trademark by using the name […]

Govt declares FSA authority over LSE

The government pledged on Wednesday (13 September) that, if the London Stock Exchange (LSE) passes into foreign ownership, the Financial Services Authority (FSA) will retain regulatory control over it. During the past 18 months Euronext, Maquarie, Nasdaq and the New York Stock Exchange have expressed interest in acquiring the LSE. Clifford Chance litigation and regulatory […]

Brabners appoints sports consultant

Brabners Chaffe Street has boosted its sports law team with the appointment of Andy Gray as a sports regulatory consultant. Gray will be a part-time consultant, retaining his position as head of legal affairs at national swimming governing body British Swimming, a post he has held since 1996. Gray advises on disciplinary, regulatory and governance […]

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