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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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Addleshaws leads NHS group PFI scheme

Addleshaw Goddard has acted for Lincolnshire Primary Care Trust, Leicestershire Partnership NHS Trust and Derbyshire Mental Health Trust on a trio of hospital and ancillary services deals worth a total £76.5m. Dubbed the Three Shires Batched PFI Scheme, the project has so far been given the go-ahead for the development of the Lincolnshire Community Hospital […]

Wedlake Bell handed Edwin Hill sale role

Wedlake Bell was instructed by commercial property agency Edwin Hill on its £26.9m sale to Canadian property and professional services company Altus Group. Corporate partners Tony Lane and Tim Bird acted for Edwin Hill alongside corporate tax partner Robin Dabydeen. Altus Group received advice from in-house counsel Rose Oushalkas as well as Bird & Bird […]

Cayman Islands

The volatility of the US sub-prime lending market has highlighted the need for offshore funds to be truly offshore. By Sam Shires and Erin Gray Ensuring that an offshore investment fund is truly managed offshore has always been an important factor for tax reasons, but in these times of turbulent markets the location of the […]

Byrne in the USA: Wragges and known man

It’s amazing how often a certain British firm crops up in New York. Or, to be more accurate, how often one of its partners does. Wragge & Co’s David Birch was in town last Saturday (27 October). A spot of Manhattan networking, four days back in Blighty and then Birch was back again yesterday (Thursday […]

A&O on track to hit £1bn turnover after 16 per cent rise in half-year results

Allen & Overy (A&O) is the first firm to publicly release its half-year figures, boasting a 16 per cent rise on its results this time last year. If the firm continues at the same pace until the end of this financial year, it could reach its target of £1bn. Managing partner David Morley said: “Since […]

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