Accountants aren’t kidding with ABS this time

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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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Spain’s Basque Country extends participation exemption regime to capital gains on transfer of shares in Spanish companies

By Miguel Baz  Spain’s autonomous Basque Country region has extended its participation exemption regime (applicable to foreign participations) to capital gains derived from the transfer of shares in Spanish companies (dividends were already exempted). The Basque Country’s participation exemption regime took effect on 1 January 2014. It exempts dividends and capital gains derived from the transfer of shares […]

birmingham
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Hogan Lovells to launch onshore low-cost centre in Birmingham

Hogan Lovells is to open a low-cost legal centre in Birmingham headed by its former global private equity head Alan Greenough.  Greenough, who was initially expected to retire from the firm after stepping down as private equity co-head in December (23 December 2013), will relocate to Birmingham to manage the 20-lawyer office. UK head Susan Bright said […]

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PwC acquires Canadian immigration firm

PricewaterhouseCoopers (PwC) has acquired Toronto-based immigration law firm Bomza Law Group. The 37-strong firm will be known as PricewaterhouseCoopers Immigration Law and run as an affiliation with PwC’s accountancy business. The firm deals with US immigration law in Canada and is led by founder and managing partner Janet Bomza, alongside two senior immigration lawyers Mark […]

Clifford Chance
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Clifford Chance wins Carlyle role following departure of client partner Ihenacho

Clifford Chance and Simpson Thacher & Bartlett are among the firms advising on the Carlyle Group’s $1.93bn buyout of Tyco International’s South Korean fire protection and security unit. Clifford Chance’s instruction for Carlyle is significant given the departure of one of its remaining contacts at the firm, in the form of corporate partner Kem Ihenacho’s […]

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