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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 […]

Recommended

Comprehensive tax reform is coming in Mexico

By Manuel Rajunov and Dania Duncan Mexico’s president, Enrique Peña Nieto, has submitted to the Mexican Congress a proposed bill for the comprehensive overhaul of Mexico’s federal tax system. If adopted by Congress, these reforms would take effect as of 1 January 2014. The stated purpose of this proposed overhaul is to establish a more […]

New SDLT sub-sale sale relief

By Niall Murphy In an earlier article, Shoosmiths outlined the introduction of the new sub-sale relief rules. These have now been enacted in the Finance Act 2013. Broadly, under the new provisions, the intermediate purchaser in a transaction has to submit a claim for the relief. Otherwise, the intermediate purchaser will have to pay SDLT […]

Second medical use patents

Patent cliffs remain one of the biggest issues facing the pharmaceutical industry. In 2012 and 2013, a number of high-value branded drugs have lost or will lose their patent protection (for example Sanofi and Bristol-Myers’ Plavix, Novartis’ Diovan, Eli Lilly’s Cymbalta, Novartis’ Reclast and Merck’s Propacae). The resultant erosionof earnings is vast. In the light of […]

Cote brasserie
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Reed Smith, DLA and Olswang dine on £100m Côte restaurant sale

Reed Smith, DLA Piper and Olswang have won lead advisory roles on the sale of French bistro chain Côte to private equity firm CBPE Capital. The  £100m deal will see British high-street tycoon Richard Caring, who also owns a majority stake in private members club Soho House, sell his stake in the business. Reed Smith advised […]

Attempted scam using Allen & Overy name

There are currently two scams being conducted utilising the Allen & Overy name. One is a telephone scam that originated in October 2012. This involves people purporting to be from Allen & Overy contacting members of the public to advise them that they are the subject of litigation from a loans company and may be […]

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