Budget leaves islands in flux

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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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One firm may still scupper Alliance's federation deal

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Bacfi gives scant praise to rights of audience victory

Barristers employed in industry are claiming a hollow victory after the Bar Council agreed to give them rights of audience in the higher courts but laid down strict requirements preventing many from taking advantage of them. At its meeting on 21 March the Bar Council voted to give employed barristers the same limited higher court […]

In brief: Law Soc spending under fire from TSG

The Trainee Solicitors Group has called on the Law Society to freeze this year’s proposed increase to their Law Society contributions until it can account for how £1.2m of the £2.2m trainee solicitors contributed last year was spent. According to the group, the society’s accounts show that under half the money their members paid to […]

Offshore trusts and the new post-Budget regime

Peter Trevett QC and Jonathan Peacock say Gordon Brown’s second Budget could leave professional advisers scrambling to review trust arrangements. Peter Trevett QC and Jonathan Peacock are barristers at 11 New Square. The immediate impact of Gordon Brown’s second Budget on offshore jurisdictions is twofold. First, the changes to UK capital gains tax and inheritance […]

How islands drew the short Straw

Offshore centres are angry with the Home Secretary. Philip Jeune explains why. Philip Jeune is a freelance journalist. Channel Island politicians are still reeling from the news of the Home Office review of their financial laws and regulations not so much because of the review itself but rather the manner in which it was announced […]

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