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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 […]

Recommended

Lovells advises on Pakistani Islamic loan

Lovells has scooped the mandate to advise the underwriters of an Islamic loan for a Pakistani energy plant. The firm advised Dubai Islamic Bank, Citi Islamic Investment Bank, Standard Chartered Bank, National Bank of Pakistan, Habib Bank and SAMBA Financial Group on the $150m (£73.61m) sharia compliant syndicated loan to fund the Engro Chemical plant. […]

Shearman leads oil fight for Algerian govt against Spanish companies

Shearman & Sterling has hit out at its rivals during a tense $1bn (£489.37m) arbitration between Spanish company Repsol and Algerian state-owned energy group Sonatrach. Shearman global arbitration head Emmanuel Gaillard is leading a three-partner team for Sonatrach, which kicked Repsol and partner Gas Natural off a project to develop a EURO5bn (£3.46bn) Gassi Touil […]

Druces & Attlee kicks off rebuilding effort

London’s Druces & Attlee is looking to reverse its fortunes with the hire of ex-barrister and M&A/commercial partner Christopher Axford from niche firm Middleton Potts. Druces’ partnership was reduced to just 12 and its revenue fell by 17 per cent to £5.8m after the retirement of two partners and the defection of two more in […]

Bakers chairman demands strategy rethink

Baker & McKenzie global chairman John Conroy has been re-appointed for a second term during the firm’s annual partnership conference, which takes place in London this week. Conroy, who took up the role in 2004, will serve a further three-year term as head of the international firm. The question of strategy is another major issue […]

Standard Chartered to offer traineeship

Standard Chartered Bank is introducing a training programme as a means of bypassing difficult recruitment markets. Subject to Law Society approval, the bank will take on its first trainee in March 2008, with a view to extending the programme at a later date. Susan Adams, head of legal, policy and operations at the bank, said: […]

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