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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

Stibbe and Freshfields in Vesteda securitisation

Herbert Smith’s Dutch best friend Stibbe and Freshfields Bruckhaus Deringer have helped complete the Netherlands’ largest ever securitisation, property company Vesteda’s e1.4bn (£880.3m) Eurobond issue. Stibbe represented Vesteda and Freshfields’ Amsterdam office advised Deutsche Bank, the lead manager of the transaction.Vesteda is the largest Dutch real estate mutual fund. Stibbe helped it to choose Deutsche […]

Oftel slated for dragging its feet on local loop unbundling as BT continues to reign

As new super-regulator Ofcom is set up to regulate the market from 2002, Jon Robins asks whether it will fare any better? There has been little solace for those ever-hopeful telcos hanging in for a slice of Broadband Britain of late. Not least when the Oftel director-general was recently asked whether the unbundling of the […]

Deals summary

Wragge & Co (Jonathan Denton) advised Chelsea Building Society on the renewal of a e750m (£471.6m) medium-term note programme and on a £100m bond issue. HSBC, which acted as the dealer and trustee, was advised by Linklaters. Ashurst Morris Crisp advised Deutsche Bank as arrangers on a e165m (£103.7m) high-yield bond issue by AGZ Finance. […]

Walkers sets up office in BVI following Barkers buy

Cayman Islands firm Walkers has launched an office in the British Virgin Islands (BVI) after taking over the territory’s corporate and international finance firm Barkers Partner Simon Pascoe will relocate from the Caymans to head the office. He will be joined by four partners and four assistants from Barkers, with additional support from Walkers’ Cayman […]

Gordon Dadds takes two from Julian Holy

West End firm Gordon Dadds has hired a partner and a senior associate from property firm Julian Holy Commercial property lawyer Simon Edwards and associate Jackie Boot will join this week. Edwards takes a client base of high net-worth individuals and family-owned property companies valued at between £100m and £500m.

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