The Law Society response

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Latest Briefings

What is a ‘reasonable endeavours’ obligation, and is it a sensible solution?

Gwendoline Davies, Head of Commercial Dispute Resolution at Walker Morris explains what a party needs to do to comply with a ‘reasonable endeavours’ obligation, and considers whether endeavours clauses are always a sensible solution. What are endeavours obligations? Many commercial contracts contain obligations on a party to use its best or reasonable endeavours to do something or […]

Fair treatment of existing customers | FCA priorities series part 11

By Michael Ruck The penultimate part in our FCA Priorities series focuses on the cross-sector priority of fair treatment of existing customers. Over the last few years the FCA have increasingly focused on this issue, unhappy that firms were attracting new customers with preferential rates/incentives whilst not offering those rates and incentives to their existing […]

The need for alternative rental structures in retail

By Dan Sweeney Tough trading conditions on the high street have led several major retailers to seek rent cuts or turnover-based rents from their landlords. Monsoon Accessorize, H&M and Primark are amongst those hitting the headlines for entering into these discussions. There is an acknowledgment across a significant part of the market – including occupiers […]

The IPO opportunity for Northern Ireland

By Andrew Jennings Northern Ireland’s (NI) tally of publicly traded firms on stock markets has doubled in the last two years to reach four. In March this year, Belfast-founded data and analytics firm Diaceutics floated on the Alternative Investment Market (AIM) of the London Stock Exchange (LSE). This followed Fusion Antibodies, a contract research organisation, […]

Equitable Life Proposal – decision time for trustees

What is the Equitable Life Proposal? The Proposal covers trustees who hold Equitable Life with-profits policies with a guaranteed investment return, as a scheme asset. The Proposal is: to remove the guaranteed investment return (typically 3.5%) on Equitable Life with-profits policies; to uplift the value of the with-profits policy by a minimum primary uplift of […]

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Hey kids! Bet you thought Daddio Tulkinghorn was a real square, right? Or that he was a dag and didn’t dig it? Well, this week he’s out to prove that he’s down with the kids and hanging with the boys from home (surely that should be homeboys? – ed). But Tulkinghorn is not the only […]

Faegre links up with German firm

Minneapolis-based Faegre & Benson is merging with local German law firm Brendel Ekkenga Daniel & Partner to expand its office in Frankfurt. The Frankfurt office was opened in 1991 and will now operate under the name Faegre Benson Brendel. Intellectual property (IP) and IT partner Horst Daniel, employment partner Thomas Drosdeck, commercial partner Thomas Hopf, […]

Lathams wins MoFo IP partner for Valley team

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