LG recruits Eversheds property consultant

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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 […]

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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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The yoke’s off Hammonds

11.37amHammonds managing partner Peter Crossley may well have a little skip in his step this week. Seven of the eight former partners in dispute with the firm over drawings on anticipated profits paid out between 2003 and 2005 have settled. 5 March, 11.37am Hammonds managing partner Peter Crossley may well have a little skip in […]

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Freshfields gains dual Cattles instruction

Freshfields Bruckhaus Deringer has won a double role on the investigation into Cattles’ finances, advising the company and leading the review. Freshfields Bruckhaus Deringer has won a double role on the investigation into sub-prime lender Cattles’ finances, advising the company as well as leading the review. Last month Cattles, which today suspended three senior executives […]

Litigation funder Juridica raises £35m on AIM

Litigation funding group Juridica has raised £35m through a secondary placing of more than 30 million ordinary shares on AIM. The Guernsey-registered company said it had seen a significant increase in demand for litigation funding, particularly in the US, with the recession kick-starting a global rise in litigation. The company, which originally raised £80m through […]

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Orrick bends with winds of change

Ralph Baxter says adaptability is key to riding out the recession – and he practises what he preaches. On the front page of The Lawyer last week, Orrick ­Herrington & Sutcliffe chairman Ralph Baxter summed up the ­challenge currently facing the world’s leading law firms. “There’s been gigantic, dramatic and sudden change in the world,” […]

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