DAC London scores £45m hotel remit in Jersey

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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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Dragon heart?

In order to keep the news of former Lovells German managing partner Oliver Felsenstein’s move a secret, Clifford Chance‘s German management gave the private equity star the code name Siegfried. Tulkinghorn wants to know how much he lives up to his pseudonym. As Wagnerians will know, Siegfried is famous for killing a dragon, cooking its […]

CC pulls in £8.5m from ABN deal

Clifford Chance‘s communications, media and technology (CMT) team has racked up fees of £8.5m on a jumbo IT outsourcing deal for ABN Amro. Clifford Chance advised ABN Amro on a global IT outsourcing deal worth €1.8bn (£1.2bn) over five years. It required the magic circle firm to negotiate global service agreements with five IT vendors […]

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Deals comment

Ottakar’s MBO scuppered as Simmons client HMV takes leadSimmons & Simmons has backed the likely winner in the battle for bookstore chain Ottakar’s after client HMV Group made a formal takeover bid. HMV, which owns rival chain Waterstone’s, has put forward a £96.4m takeover proposal, which looks likely to scupper an earlier management buyout (MBO) […]

CC launches Paris witch-hunt

The Paris office of Clifford Chance has launched an investigation into the source of controversial comments about clients that were leaked by a member of staff. The incident, which took place last week, put Clifford Chance in an embarrassing position with major client, Airbus and its parent company EADS forcing the firm to apologise immediately. […]

Gate Gourmet blames union for staffing crisis

Gate Gourmet’s general counsel has hit out against the Transport & General Workers’ Union (T&G) for aggravating events surrounding its sacking of 800 staff for striking. European general counsel Hooman Yazhari said that because the industrial action at Gate Gourmet was not renounced by the T&G, it became official. Consequently, the company will not be […]

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