Fairmays merges with Goldsmiths

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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 instructed by Nasdaq for Easdaq share purchase

Allen & Overy (A&O) has advised the Nasdaq Stock Market on its acquisition of a majority share in European stock exchange Easdaq, its first major deal for the client. London partner Alan Paul has been working with Nasdaq for about a year, but had not performed a transaction for the client until now. It is […]

CASE BOOK

Judgments Three Rivers District Council & ors v Governor & Co of the Bank of England sub nom Same v Same (3) (22/3/01) HL Lords: Steyn, Hope, Hutton, Hobhouse and Millett The claim that officials in the Bank of England were guilty of the tort of misfeasance in public office was sufficiently pleaded for the […]

Bank of scotland

This is Herbert Smith’s third securitisation for the Bank of Scotland this year and one of several public transactions that the firm completed for the bank at the end of February. This particular deal stands out because it is only the fourth time that a bank has issued tier one securities and the first time […]

TIMELINE

January 1999 LVMH increases its share stake in Gucci to 34 per cent 6 January 1999 LVMH informs the Securities and Exchange Commission that it owns more than 5 per cent of shares in Gucci 17 February 1999 Gucci lends 20,154,985 shares to a newly formed Dutch foundation with an understanding that it would purchase […]

Clifford Chance ousts City rivals for Lloyd’s online work

Clifford Chance is advising Lloyd’s of London on setting up its online market after pitching against longstanding adviser Freshfields Bruckhaus Deringer and Allen & Overy (A&O) for the work. Clifford Chance has won out against its magic circle rivals even though it has not done a great deal of work for the client in the […]

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