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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

Allen & Overy advises Iceland Foods on largest sterling high-yield bond of 2014

Allen & Overy has advised Iceland Foods on its £950m high-yield bond, the largest sterling denominated high-yield bond issuance of 2014. The bonds consist of £350m senior secured floating rate notes due 2020, £400m 6.25 per cent senior secured notes due 2021 and £200m 6.75 per cent senior secured notes due 2024. All will be […]

City

Baker & McKenzie advises as Gherkin goes up for sale

Baker & McKenzie is advising on the sale of the City’s landmark Gherkin building months after handling its collapse into receivership earlier in the year. Baker & McKenzie’s global co-head of financial restructuring and insolvency Ian Jack and partner Louise Webb led the deal advising Deloitte, the receivers, as well as the agent for the […]

money

Salaries rise for regional in-house lawyers in 2013/14, new research reveals

New figures reveal in-house salaries and bonuses rose in the regions again last year. In-house lawyers in Yorkshire and the North East are those most likely to have seen an increase in their remuneration package last year, including benefits, with 73 per cent of respondents to new research saying they had seen their pay rise. […]

Cat Griffiths index
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A distinctive future for the bar

In a typically provocative opinion piece this week, Mark Brandon muses on the research by US consultant Bruce MacEwen, which finds (and I paraphrase) that fiddling around with financial levers does not lead to increased performance. Brandon rightly argues that tinkering with metrics is not the path to success. It’s knowing who you are and […]

Ogier Legal advises on $16bn longevity risk transfer transaction

The Prudential Insurance Company of America recently completed what is believed to be the largest longevity risk transfer transaction to date, having reinsured longevity risk of the BT Pension Scheme. Ogier Legal advised Prudential in Guernsey. Longevity risk is faced by all providers of defined-benefit pension schemes and has been the subject of a number […]

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