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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 […]

Recommended

merger deal

Pitmans adds £1m to top line with Calverts tie-up

Pitmans has acquired City-based Calverts Solicitors, adding £1m to its top line and taking headcount to over 250. Calverts’ three partners, four consultants and a trainee all moved into Pitmans’ London office on Thursday (1 October), with support staff expected to move over in the coming weeks.    Pitmans’ managing partner John Hutchinson told The […]

Foundation as trustee – a marriage made in heaven

By Steve Meiklejohn I recently assisted a Middle Eastern family who were desirous of creating a trust structure to hold their assets situate outside the Middle East. The case perfectly illustrated the tension that can exist when trying to create a structure that will be both valid and robust, but at the same time will […]

Cyprus signs a tax treaty with Iran for the avoidance of double taxation

Cyprus has recently concluded a Double Tax Treaty (DTT) with Iran. The treaty was signed on 4 August 2015 and shall enter into force once each country completes the ratification process. The new treaty is based on the Organisation for Economic Co-operation and Development (OECD) Model Tax Convention framework and will contribute to the expansion […]

Bär & Karrer advises PKB Privatbank on agreement with US Department of Justice

Within the framework of the US program in which it participated voluntarily, PKB Privatbank has reached a non-prosecution agreement with the US Department of Justice.  PKB Privatbank agreed to pay $6.3m and to further cooperate with US authorities. In return, the US Department of Justice will abstain from criminal prosecution. The penalty amounts to approximately […]

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