Financings and flotations

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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 classic 'no can doism'

In the 13 August issue you quote Karen Aldred of the Law Society as saying that the society “favoured the principles of the schemes but attempts to create them had proved unviable in the past” (“Call for Scots-style housing groups”). Unfortunately, Ms Aldred’s negative statement is wholly redolent of the “no-can-doism” which has been so […]

City saviours bring hope

Two City law firms acting in a pro bono capacity have helped to save the lives of two Caribbean death row prisoners. Nabarro Nathanson civil litigation specialist George Brown helped persuade the UK Privy Council to overturn a death sentence imposed on a Trinidad man convicted of murder. And in a separate case Simmons & […]

PNAG fails in attempt to foil Lloyd's rescue plan

London law firm Warner Cranston represented the Paying Names Action Group (PNAG) which last week failed in the High Court to scupper a £3.2 billion rescue plan for the Lloyd’s of London insurance market. PNAG wanted the plan declared illegal on the grounds that it penalised those Names who continued to pay their debts during […]

Debt work deal

US lawyers have helped broker a debt restructuring deal for the Republics of Slovenia and Croatia. White & Case corporate partners James Hurlock and Troy Alexander and associates Lawrence Pettit and James Berman represented Croatia in issuing $1.46 billion in bonds in exchange for its share of a $4.3 billion debt owed by the former […]

Splitting the Law Society. Regulator or union – the choice is yours

Solicitors in England and Wales will shortly be balloted on the possibility of splitting the Law Society’s twin roles of representing and regulating the profession. What would be the likely outcome in parliamentary terms if the majority recommended such a split? It is hard to find anyone who is entirely happy with the current complaints […]

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