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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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DB Capital

DB Capital Partners and Pierre & Vacances acquire Center Parcs from Scottish & Newcastle for £670m. DB Capital Partners advised by Allen & Overy (Alan Paul), SJ Berwin (Steven Davis) and Shearman & Sterling (Anthony Ward). Center Parcs advised by Linklaters & Alliance (Julia Wolf).

Hansard

Hansard Group floats on AIM. Issuer advised by Halliwell Landau (Clive Garston). Nominated adviser and broker Seymour Pierce advised by Memery Crystal (Lesley Gregory and Melissa Chaplin).

Mostyn-Williams quits

Shearman & Sterling‘s highly-rated head of European acquisition finance Stephen Mostyn-Williams has decided to leave the firm. Sources say he is considering a number of options, but is believed to be on the verge of joining a private equity fund as a principal. Mostyn-Williams has been with Shearmans since September 1998, when he joined from […]

Close Brothers

Close Brothers Private Equity leads £16.6m management buy-out of Laybond Holdings from Jarvis. Close Brothers Private Equity and newco the Laybond Group advised by Dickson Minto (Martin McNair). Laybond Group advised on equity documentation by DLA. Senior debt provider HSBC advised by Addleshaw Booth & Co (David Handy). Jarvis represented by Eversheds.

Wrigleys boosts pensions with Eversheds’ Ainscoe

Eversheds has lost one of the UK’s leading pensions partners to Yorkshire-based private client law firm Wrigleys. Raymond Ainscoe has joined two other partners in the pensions department, where he will cover a mixture of private client and pensions work. He will concentrate on giving independent advice to pension scheme trustees. Wrigleys senior partner Ann […]

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