Financings

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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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Breaking Law Society's moulds

The smooth conveyor belt to the Law Society’s highest offices has shuddered to a halt under the sheer weight of candidates – not one, but two new contenders for the presidency, and another challenges the deputy president. The moves have brought the vigour of overt politics into the council’s arena. This contrasts with the covert […]

Financings

Olswang acted for Advanced Telecommunications Modules in its raising of £7 million by subscription for new shares from US venture capitalists and 3i Group. Brobeck Hale & Dorr acted for the US investors and Booth & Co acted for 3i.

Swepstones sues former colleague

THREE partners at London firm Swepstone Walsh are suing former partner Ronald Pattison for compensation over a loan. Pattison, who ceased to be a partner last October, is being sued for u26,685 with interest, an indemnity for the amount of an outstanding individual loan, and a declaration that he is liable to pay the three […]

Washington firm forges London partnership

WASHINGTON DC-based firm Crowell & Moring has established its London office as a multi-national partnership between English solicitors and US attorneys. The partnership, which is relocating to Fleet Street later this month, is taking advantage of the Law Society’s recent change in rules which will allow it to represent clients in litigation in courts in […]

Irving goes to BDO as unit director

Leading legal IT consultant John Irving is joining BDO Stoy Hayward as director of the professional practices unit. Irving, who has been running his own consultancy for over a year since leaving Robson Rhodes, says: “I am delighted with the development.” The move will enable him to undertake larger projects which he says he had […]

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