Ashurst to establish funds team in Dubai

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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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ILP appeals for pro bono talent for overseas work

The International Lawyers Project (ILP) is looking for City lawyers who have been made redundant to help develop overseas projects. The ILP, which is based at Clifford Chance’s Canary Wharf headquarters and is funded by sponsors including all the magic circle firms, aims to encourage lawyers to get involved in the equivalent of voluntary service […]

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Private equity: more lawyers in the house

Nearly half the lawyers working at private equity houses are having their salaries ;significantly enhanced through receiving shares of fund’s profits. The news comes as an increasing number of ­private equity houses look to hire in-house counsel, with Apax the latest house searching for an internal lawyer. Bridgepoint ;hired ­Travers Smith partner Charles Barter (pictured) […]

The political and the personal

“This is an unsettling time for everyone,” runs the Allen & Overy (under)statement. You can say that again. What’s going on in the magic circle at the moment feels savage, but that may just be because of its contrast with the top-of-the-world confidence found at the same firms two years ago. Smaller firms, which have […]

Tower Snow makes return to private practice

The former Brobeck Phleger & Harrison chairman who masterminded Clifford Chance‘s ill-fated US West Coast venture has resurfaced in private practice. Tower Snow will join San Francisco firm Howard Rice Nemerovski Canady Falk & Rabkin as a securities litigation partner after spending three years as an independent consultant. Snow said: “I was obviously disappointed with […]

Banking & Finance Special Report: Crash and learn

As financial institutions look back at their restructuring practices, it has become clear that lessons need to be learnt from past mistakes. The explosion of restructuring work since the start of the year means an increasingly large number of hedge funds, banks, agents and advisers are poring over 2005-07 leveraged loan deals. Now is the […]

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