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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Lords hears property debate

Judgment is now pending in the House of Lords in a case of considerable significance in property circles. The Law Lords have been asked to overrule lower court decisions that a sub-tenant of agricultural property was entitled to sidestep possession moves brought after the tenant accepted notice to quit and agreed not to issue a […]

McDermotts poaches IT specialist

US firm McDermott Will & Emery has recruited Theodore Goddard’s highly-rated e-commerce and advertising lawyer Rafi Azim-Khan. Azim-Khan specialises in advertising, sports, entertainment, IP and internet law. He joins McDermotts as a senior associate and will work closely with telecoms and technology partners Philip Rees and Stephanie Liston. William Charnley, head of McDermotts’ London office, […]

Flotations

Berwin Leighton acted for provider of IT solutions SDL on its £45m flotation on the London stock market. The team was led by corporate partner Chris Mackie and included partner David Dennison advising on share options and intellectual property partner Tonia Gilbert. Norton Rose advised Collins Stewart, sponsor and broker to SDL. Corporate finance partner […]

Refinancing

Linklaters & Alliance has advised Halifax Group on the first issue by a UK bank of tax deductible tier 1 capital, which raised £500m. The team was led by capital markets partner Andrew Roberts and tax partner Jonathan Richards. Allen & Overy advised lead managers Warburg Dillon Read and Lehman Brothers while Mourant du Feu […]

New Herbert Smith appointments

Commercial litigation partner Roger Brown joins from Stephenson Harwood, where he was a partner for 21 years. He says he felt like a move and wanted to go to “the best litigation practice in the City.” Herbert Smith has also poached a US law professional support lawyer from the London office of Brown & Wood. […]

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