EMIR — European Commission responds to ESMA’s request to clarify the definition of derivative

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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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Justice is blind

Clifford Chance, Macfarlanes and Mayer Brown are rolling out CV-blind recruitment policies to try and counter unconscious bias in favour of privately-educated applicants. Will it really make a difference? Why have so few firms followed suit? CV-blind policies are just one step in right direction Macfarlanes rolls out CV-blind policy to training contract applicants Clifford […]

Eversheds advises Derby and Derbyshire councils on £950m waste management PPP

Eversheds has advised Derby City Council and Derbyshire County Council on the latest milestone in their £950m long-term waste management public-private-partnership (PPP) contract — the achievement of financial close. Interserve Construction and Shanks Waste Management were awarded the contract in December 2009 and have been providing interim services while planning permission was being obtained for the […]

No5 team set to take part in Bristol Legal Walk

No5 Chambers has entered a team in the Bristol Legal Walk, which is taking place on 22 September 2014. The Bristol Legal Walk began in 2011. This year, Nick Fluck, president of the Law Society, Ashley Palminteri, president of the Bristol Law Society, Lord Lieutenant, the High Sheriff, and the Lord Mayor will lead the […]

Mishcon moves to full equity alongside ABS application

Mishcon de Reya managing partner Kevin Gold has revealed a series of structural changes, including a conversion to LLP status, bringing all partners into the equity and an ABS application. Gold says the restructure, and corresponding cash call, was sparked by the firm’s forthcoming £3m-plus rent hike as it prepares to take on 120,000 sq […]

Allen & Overy maintains top position in H1 capital markets league tables

In the H1 2014 league tables, Allen & Overy has ranking as the leading adviser in global debt, equity and equity-related capital markets, advising issuers and managers on 462 deals worth $346bn (£206bn). This is 127 deals and more than $84bn ahead of its nearest competitor, according to data from Thomson Reuters. The Thomson Reuters, Bloomberg and Dealogic capital […]

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