Lovells gets HIH creditors quick payout

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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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English Heritage drops Bond Pearce from panel

Burges Salmon, Farrers, Norton Rose, Ward Hadaway and Wragges all on panel Bond Pearce has been dropped from the English Heritage legal panel in favour of South West rival Burges Salmon. Farrer & Co has also won a place on the panel for the first time. Farrers beat off competition from Denton Wilde Sapte and […]

Eversheds elects regional successor to Gray

Stephen Hopkins to step into David Gray’s shoes as managing partner for Leeds and Manchester Eversheds has appointed Stephen Hopkins as its new regional managing partner for Leeds and Manchester. He will succeed David Gray who was elected as firmwide managing partner in October. Hopkins, who is currently head of corporate for the region, will […]

CC to raise $100m in US private placement

Magic circle firm in UK first; external investors wooed with pioneering bond issue Clifford Chance is set to embark on a groundbreaking financial strategy which will see the firm raise $100m (£63.7m) through a US-based private placement. The Lawyer understands that Clifford Chance is considering approaching US insurance companies to buy bonds in the firm […]

Court steps in as Enron fees spiral

Lawyers’ fees related to the Enron Chapter 11 reorganisation are continuing to snowball, sparking fears of dwindling returns to disgruntled creditors The latest tally shows that the cost of the 23 firms acting for Enron and unsecured creditors has now reached $174m (£110.8m). The running total of professional fees on Enron is $237m (£150.9m). Enron’s […]

Because you’re worth it

Could you put your trust in these people? Jennifer Currie meets the faces that launched a thousand training contracts Advertisers often use ‘faces’ to sell a particular product – think of David Beckham and Police sunglasses or Liz Hurley and Estée Lauder perfume. Law firms are no exception. So are the people who appear in […]

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