European firms celebrate being in London

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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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A&O, Osborne Clarke and Proskauer Rose advise on $1.7bn Novartis deal

Allen & Overy (A&O), Osborne Clarke (OC) and Proskauer Rose have taken mandates advising on the $1.7bn (£1bn) sale of Swiss pharmaceutical giant Novartis’ transfusion diagnostics unit to Spanish plasma therapies company Grifols. Barcelona-headquartered Grifols will acquire the transfusion diagnostics unit of Novartis for US$1,675bn (£1,04bn). The assets include medical products and technology, as well […]

Eversheds Dublin advises Endo Health on $1.7bn takeover of Paladin Labs

The Dublin office of Eversheds has advised on the takeover by Endo Health Solutions of Paladin Labs Europe for approximately $1.7bn (£1.1bn). The acquiring entity will be an Irish holding company. The deal is the first Irish inversion with no primary Irish target. An inversion is a legal transaction whereby one corporation becomes a subsidiary […]

Wragge & Co is named National Leader in Chambers UK 2014

Wragge & Co is named a National Leader in the new Chambers UK 2014. The firm’s construction, employment, intellectual-property, planning and real-estate teams are all listed in this new category. Chambers UK 2014 is an independent review of the UK’s legal services sector. Drawing on individual submissions and thousands of client references, the annual directory […]

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KWM and Latham & Watkins advise Huishang Bank on $1.1bn HK IPO

King & Wood Mallesons and Latham & Watkins are among the firms that have landed roles in the $1.1bn IPO of Huishang Bank, the third Chinese bank to go public in Hong Kong in a month. King & Wood Mallesons, fielding Beijing corporate partners Yang Xiaolei and Su Zheng, acted as the bank’s PRC legal […]

Slaughters criticised in court

Getting cosy with clients is part of the job right? That is what the High Court will decide when it looks at the relationship between Slaughter and May and Ernst & Young after a complaint by liquidators RSM Tenon. The liquidators have asked the court to intervene on the bills issued by Slaughters on the […]

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