Chinese banks use Norton Rose team for BA debt facility

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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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Hammonds loses another team

Hammonds has lost another team as the flood of departures shows little sign of abating. DWF has taken two partners and five lawyers from its real estate team. Partners Nic Crocker and Simon Meek will move to DWF in the New Year. Hammonds played down the mass exit. One partner claimed: “Everyone has their sell-by-date. […]

A&O, Herbies take on TFL Metronet bid

Allen & Overy (A&O) and Herbert Smith are playing key roles in Transport for London’s (TfL) bid for Metronet Rail. Under advice from Herbert Smith head of projects Nicholas Tott and corporate recovery chief Kevin Pullen, TfL has lodged a formal takeover bid for Metronet, a consortium that failed while upgrading two-thirds of the London […]

Bar room blitz

The English bar is in high demand in the world’s offshore centres. Three of the bar’s key figures explain why The offshore legal market has seen a massive boom in litigation, providing increasing opportunities to the English legal profession. But how does the bar fit into this arena? Stephen Moverley Smith QC, XXIV Old Buildings(pictured) […]

Wragges and College of Law in LPC tie up

Birmingham-based firm Wragge & Co has teamed up with The College of Law to launch a bespoke LPC plus course from next year. Thirty students will be enrolled in the new programme, studying a commercial-focused syllabus. Alongside compulsory modules firm trainees will take electives in litigation, corporate and real estate. Wragges is the latest in […]

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Mauritius

Mauritius is tightening up its financial regulation in a bid to become a key global market. By Malcolm Moller The Financial Services Act 2007, the Securities (Amendment) Act 2007 and the Insurance (Amendment) Act 2007 all came into force in Mauritius on 28 September 2007. The objective of the legislature was to provide an efficient […]

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