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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

Australian action

The larger Australian firms have been striking out across the globe. But mid-tier firms have been busy too, and there’s a quiet wave of consolidation happening down under. Australian mid-market firms merge to form Thomson Geer Australian mid-tier firm Johnson Winter takes trio from Corrs Australia: Specialist forces DLA Piper loses 23-lawyer team to HWL […]

Allen & Overy shortlisted for Antitrust/ Competition Firm of the Year award

Allen & Overy has been shortlisted for Antitrust/Competition Firm of the Year in the Chambers Global Awards 2014, which celebrate outstanding achievements in the international legal market in 2013–14 and highlight the pre-eminent law firms in key practice areas. Chambers said: ‘This firm leverages its excellent European network to advise on significant global matters, including mergers, cartel work and […]

How can creditors participate in the prescribed part?

An administrator, liquidator or receiver must make a ‘prescribed part’ of the company’s net property available for the satisfaction of unsecured debts. The amount of the prescribed part will depend upon the amount of the company’s assets that are realised but is subject to a maximum of £600,000. The prescribed part must not be distributed to the […]

Taxing rules

HMRC’s rules on partnership taxation have thrown many law firms into a flurry of activity. Since January, capital calls have become common and many junior partners have changed their status in order to comply with the new regulations “Disguised salary” and LLPs: postpone changes to get them right Danger, tax change ahead Tax overhaul raises […]

Money

Quinn Emanuel London revenue falls by 28% in 2013 to £19.8m

The London office of Quinn Emanuel Urquhart & Sullivan has posted a significant fall in revenue for the 2013 financial year, with total turnover dropping by almost a third from £27.5m to £19.8m. Net profit was £12.4m, giving litigation boutique Quinn Emanuel’s London office a margin of 62 per cent, down from 68 per cent in […]

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