Finnish publishing company Sanoma gets two credit facilities worth euro1.2bn (£737.5m) from Goldman Sachs and Nordea to support its purchase of the Consumer Information Group magazine business fr

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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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Rosenblatt in 'lapdancing' outburst

Rosenblatt’s senior partner has launched an extraordinary attack on one of his partners, who has left to join Osborne Clarke’s technology, media and telecoms (TMT) department. Robert Courtneidge, a consumer finance and technology expert, left Rosenblatt earlier this month to become a partner in Osborne Clarke’s London office. He joined Rosenblatt from his own three-partner […]

Burges Salmon tops £30m mark

Bristol firm Burges Salmon has recorded an impressive 25 per cent growth in turnover, taking it through the £30m barrier. Profits per partner climbed to £310,000 from £255,000 for 1999/2000. Top equity partners have made £360,000, while those at the bottom are at £190,000.Senior partner Richard Wynn-Jones said: “It’s been a very good year, but […]

Solicitors Tribunal chief cries freedom

Former Stephenson Harwood senior partner Anthony Isaacs has become president of the Solicitors Disciplinary Tribunal (SDT). One of his first moves as president has been to call for greater separation of the SDT from the Law Society.The SDT deals with gross misconduct of solicitors and is responsible for striking solicitors off the Roll. Last year, […]

Dickinson Dees outgrows North East

Dickinson Dees has revealed turnover figures of £26m. Profits per partner have also witnessed a steady rise, up 15 per cent from £205,000 to £235,000.Managing partner Neil Braithwaite observed: “The main message is that it’s very even growth across the whole firm. All areas, without exception, are doing very well.” He was reluctant to single […]

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