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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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Partnerships

As the introduction of the Legal Services Bill looms on the horizon, partnership structures have begun to consume an ever-increasing amount of lawyers’ and managers’ time. How many law firms will seek external investment from private equity houses, or through public listings on either AIM or the full market? And how much extra cash could […]

11 KBW set to expand following turnover hike

Employment set 11 King’s Bench Walk (11 KBW) has grown turnover by 21 per cent, signalling an expansion push and a search for new offices. Chambers income rose to £13.6m from £11.2m. Barristers voted down a proposal to move to Staple Inn, and instead adopted a scheme to lease 15 new rooms in neighbouring 10 […]

Shearman to migrate Hong Kong staff to new Shanghai office

Shearman & Sterling is gearing up to launch in Shanghai within the year, with plans to transfer a large section of its Hong Kong team across to the new office. Beijing managing partner Lee Edwards said the firm expected to have the Shanghai office, its second in mainland China, operational by the fourth quarter of 2006 or the […]

White & Case wins Ashurst star

White & Case has poached M&A and corporate finance specialist Philip Broke from Ashurst as the US firm’s new co-head of the London corporate practice. Broke joins the New York-based firm as a partner and co-head of UK corporate alongside London senior partner Peter Finlay, focusing on M&A and corporate finance transactions involving investment banks, […]

Firms fill up on Exxon settlement

You pay peanuts you get monkeys, so they say. But if you pay $250m (£135.9m) you get Miami firm Stearns Weaver Miller Weissler Alhadeff & Sitterson. For a little more than $53m (£28.8m) you get Pertnoy Solowsky and Allen. The two firms represented 11,000 petrol stations in a class action suit against ExxonMobil. They claimed […]

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