Garretts hire brings Queens Moat Houses to BLP

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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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Premiums to soar as post-SIF honeymoon ends

After three years of cheap cover on the open market, law firms this year will pay more for their primary-level insurance than they did in the year that the Solicitors Indemnity Fund (SIF) collapsed. The total contribution law firms will pay this September for their first £1m of cover is predicted to rise by 20 […]

Corporate deals round-up

DLA (Mark Jackson, Steven Fennell, David Breakell) advised PricewaterhouseCoopers, Barclays Bank and GMAC Commercial Credit on the sale of Daisytek-ISA to ISA Trading for in excess of £30m. Dechert acted for ISA Trading. Skadden Arps Slate Meagher & Flom (Robert Sullivan, Cliff Gross, Carole Aciman, Soorun Youn) represented the Royal & SunAlliance Insurance Group in […]

Ashursts backs winner in Europe's largest ever buy-out

In a boost for Ashurst Morris Crisp’s finance practice after the collapse of merger talks with Fried Frank Harris Shriver & Jacobson, the UK firm has scooped the banking mandate for the winning consortium in the Italian yellow pages auction.Clifford Chance was among the advisers brought in for lenders supporting three other bids, but it […]

Simmons stakes all on investment as profits slide

City firm Simmons & Simmons has announced a rise in turnover of 12.6 per cent to £176.9m, but is set to post average profits per equity partner of around £300,000, representing a drop of some 20 per cent.It is the second year in a row that average profits have fallen. In 2002 they fell to […]

Cadwalader and Slaughter and May reunite for MyTravel battle

After Cadwalader Wickersham & Taft was slammed by Mr Justice Jacob for trying to place Slaughter and May client Colt Telecom into administration, the two firms have entered the ring again to fight over the refinancing of MyTravel. Slaughters partner William Underhill, who worked on the Colt litigation, is leading MyTravel’s fraught discussions with its […]

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