Herbert Smith lands £1.1bn RAC disposal

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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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It’s fashionable to be conservative

Following last week’s exclusive story in The Lawyer of Hammonds’ woes, law firm financial management has never been such a hot topic. While Peter Crossley wages a heroic battle to take control of his firm’s wayward finances, other firms have also recognised the merits of going back to basics. I’ve lost count of the number of partners […]

It’s fashionable to be conservative

Following last week’s exclusive story in The Lawyer of Hammonds’ woes, law firm financial management has never been such a hot topic. While Peter Crossley wages a heroic battle to take control of his firm’s wayward finances, other firms have also recognised the merits of going back to basics. I’ve lost count of the number of partners […]

Milbank sees Gatsby through £130m Sainsbury’s disposal

Milbank Tweed Hadley & McCloy has sealed its first deal for Sainsbury’s shareholder the Gatsby Charitable Foundation after advising on its disposal of £130m of shares in the company. Milbank partner Tim Emmerson secured the mandate after a referral from Gatsby’s financial adviser Gleacher Shacklock. Emmerson worked alongside Gleacher senior partner Edward Cumming-Bruce on the […]

Ashfords launches Bristol team

Ashfords, comprising the former Exeter, London, Plymouth, Taunton and Tiverton arms of Bevan Ashford, is expanding its new Bristol office by establishing a corporate recovery, turnaround and insolvency team to be headed by partner David Pomeroy. He will relocate from Exeter to Bristol to lead the team and will be joined by associate Alan Bennett.

Kirkpatrick lures Addleshaws star with US link

The London office of Kirkpatrick & Lockhart Nicholson Graham has poached experienced IT partner John Entstone from Addleshaw Goddard. Canadian Entstone said that he was keen to exploit the North American client base offered to Nicholson Graham & Jones following its January merger with US firm Kirkpatrick & Lockhart. “For a long time I’ve wanted […]

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