Empire Stores shops around to find new legal advisers

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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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Paving a road to success

Law firms are chasing substantial business as the demand for project finance increases reports Mary Heaney While law firms have seen no great increase in the amount of asset financing transactions, domestic and international project finance work has escalated. “There’s huge developments, particularly in electricity in Asia and high speed train networks in Europe,” according […]

Pub fights likely after appeal

Roger Pearson on a publican’s successful challenge against an unpopular lease Publicans from all over the country may head for the courts to challenge controversial business leases, which they claim have been imposed on them against their will, after an Appeal Court victory for a Norwich publican. Julian Maitland-Walker of Charles Russell, who spearheaded the […]

Easy in, easy out

Melanie Oley on the considerable benefits of single currency funds With the low level of interest currently being offered on deposits by banks and building societies, savers may well be looking for a better rate of return on their deposits. Money funds or single currency funds are often able to provide this return without the […]

Lloyd's legal chief retires before review

LLOYD’S of London’s John Mallinson is stepping down as head of the legal department after three years in the post. A major review of the section will now be undertaken by Freshfields partner Josanne Rickard who has been recruited on secondment. Rickard will oversee the newly-created legal services directorate, reporting directly to Lloyd’s chair David […]

It may be time to shift units

Brought into existence in 1988 by Finance Act changes permitting unit trusts to invest directly in deposits and other near-cash instruments, cash unit trusts offer a number of attractions to financial planners and their clients. Their first and most obvious advantage is the competitive interest rate they can offer. Cash trusts invest in the interbank […]

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