Kirkland hires Weil banking star Stephen Lucas

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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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Sydney

Herbies u-turns on Australia pay freeze ahead of remenuration overhaul

Herbert Smith Freehills (HSF) is to lift its pay freezes in Australia after cancelling an annual salary review in 2013. Permanent staff in Australia will be told about their salary increases in July, with employees expected to be reviewed based on performance.  The initial pay freeze was isolated to staff in Australia, with the firm […]

Conyers provides Cayman law advice to Lombard Medical on $55m IPO

Conyers Dill & Pearman has provided Cayman law advice to Lombard Medical in relation to its $55m (£33m) US initial public offering (IPO) and the listing of the company’s ordinary shares on the NASDAQ Global Market. Conyers also advised on the Cayman aspects of the group’s change of domicile from the UK to the Cayman […]

London

US firm Katten Muchin creates London asset management group with double hire

Chicago-based law firm Katten Muchin Rosenman has created a dedicated City-based asset management group with the hire of two new partners. The firm has also promoted former Sidley Austin funds partner Barry Breen to head of London financial services. Breen, who joined Katten’s London base from Sidley Austin last year, has hired former Sidley colleague […]

insurance consolidation

The great insurance landgrab

The consumer insurance market has seen a fierce tussle for territory. Have the mega-firms won or has the war just begun? Insurers sparked an epic land grab a few years ago when they began reducing their panels and putting the squeeze on fees. Meanwhile, added pressure was piling up on firms from regulatory change and the […]

Capita cashes in as Treasury Solicitor spends £2.3m on temp lawyers

Ker-ching! That’s the sound inside Capita’s finance department, as the outsourcing giant bills £2.3m to the Treasury Solicitor’s department (TSol) for the first quarter of 2014.  That entire £2.3m has gone on temporary legal staff, with a spokesperson insisting that the merging of government legal departments triggered a demand for temporary staff while TSol recruited […]

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