Vehicle finance drives strong car sales

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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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Eversheds helps Impetus clean up in T Shea waste management deal

Eversheds has advised waste management company Impetus on its acquisition of UK waste transfer station operator T Shea. Impetus, which was backed by private equity house Agilitas in 2013, is one of the largest waste management companies in the North-east of England. Impetus has built Europe’s largest commercial and industrial waste processing facility at its site […]

New York

Milbank revenue grows 7.8 per cent to $761m as London office grows to $103.7m

US firm Milbank Tweed Hadley & McCloy has posted revenue growth of 7.8 per cent to $761m (£490m) in 2014, while the firm’s London office posted a revenue boost of 14 per cent to $103.7m. Milbank’s London office contributed approximately 14 per cent to its global revenue, the firm’s year-end results show. Profit per partner increased […]

ashurst

Ashurst’s finances boosted by Australian merger as cash total doubles

Ashurst doubled its cash reserves from £15.5m to £30.4m in 2013/14, according to its latest LLP accounts filed with Companies House. The firm began the 2013/14 financial year with net debt of £13.9m, and finished the period with net funds of £3.2m, largely due to its increased cash flow. During the last full financial year, […]

Nicky Richmond
1

Last day at MIPIM

Apologies for lateness today. Anyone at MIPIM will understand why. Frankly, you’re lucky to be getting a blog at all. It’s the last day and I see groups of men standing on street corners with suitcases, quietly waiting for their taxis to the airport. They replace the night time corner-dwellers, pneumatic women in towering heels, […]

New York

Financial performance at US headquartered global firms outstrips that of domestic rivals

Analysis of financial results for 2014 has revealed that global firms headquartered in the US are outperforming more domestically-focused rivals – although smaller firms are closing the performance gap.  Research carried out by Citi Private Bank, with responses from 149 US firms, showed that average net income grew by 6 per cent in 2014, whereas profit […]

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