European Commission aims to level the playing field between suppliers and large customers

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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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DLA Piper represents Racemi in $10m investment by venture capital fund

DLA Piper has represented cloud mitigation company Racemi in a $10m (£6m) investment by venture capital fund Milestone Venture Partners and existing investors Harbert Venture Partners and Paladin Capital Group. This investment will be used to further scale Racemi’s sales, services and engineering to meet the growing demand for its software that supports migrations between […]

Ogier Legal advises Mid Europa on the establishment of Mid Europa Fund IV

Ogier Legal has acted as Guernsey legal adviser to Mid Europa in relation to the establishment of Mid Europa Fund IV, which closed at €800m (£634m). Mid Europa Fund IV is a Guernsey authorised closed-ended investment scheme established primarily to make controlling investments in market-leading companies in central and eastern Europe and Turkey. William Simpson […]

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A&O, Linklaters and VdA help secure rescue of Portugal’s Banco Espirito Santo

Allen & Overy (A&O), Linklaters and Portuguese firm Vieira de Almeida (VdA) have been instructed on the restructuring and rescue of Portuguese Banco Espírito Santo (BES). The Central Bank of Portugal announced at the weekend that BES was to be split in two, with the bulk of its assets and liabilities transferred to a successor […]

EALI member firm co-authors third edition of Ohada Blue Code

Hyacinthe Fansi from SCP Ngassam NJIKE & Associates, an Eversheds African Law Institute (EALI) member located in Cameroon, is co-author of the new Ohada Blue Code, third edition. The publication includes amendments to the Uniform Act on Commercial Companies and Economic Interest Grouping and the rules of procedure of the Commonwealth Criminal Justice Academy (CCJA). […]

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