Madoff’s missing millions

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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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Travers, Freshfields and Dickson Minto tuck into Byron sale

Travers Smith, Freshfields Bruckhaus Deringer and Dickson Minto have taken lead roles on the £100m sale of Byron Hamburgers to private equity group Hutton Collins Partners. Travers Smith, Freshfields Bruckhaus Deringer and Dickson Minto have taken lead roles on the £100m sale of Byron Hamburgers to private equity group Hutton Collins Partners. The six-year old […]

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Vannin Capital to fund £450m case against Credit Suisse

Litigation funder Vannin Capital has stepped up to fund a High Court battle between the owner of the largest oil and gas project in Azerbaijan and Credit Suisse International (CSI). Private equity-backed Vannin is pumping some of its £100m litigation fund into the case launched by Dr Zaur Leshkasheli’s against CSI – a subsidiary of Credit […]

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TLT scoops former Irwin Mitchell Manchester head

Irwin Mitchell’s Manchester commercial litigation chief John Lord is to join TLT following the firm’s Manchester launch in July. Lord is currently national head of recoveries for Irwin Mitchell and regional head of commercial litigation, specialising in corporate and contractual disputes in the financial services, leisure and utilities sectors. He was regional head at Irwin […]

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Ashurst loses two real estate partners to Macfarlanes and Simmons

Ashurst real estate partner Matthew Hooton has quit the firm, making him the second partner to leave the practice in as many weeks. Hooton is expected to leave the firm to join Simmons & Simmons’ real estate practice in coming months. His exit follows that of partner Anthony Burnett-Scott, who is joining Macfarlane’s commercial real […]

DLA Piper advises shareholders on disposal of Griggs to investment vehicle

DLA Piper has advised the shareholders of R Griggs Group, the parent company and licensee of the Dr Martens brand, on its agreement to dispose of Griggs to an investment vehicle backed by the Permira Funds for £300m.  Permira is a European private-equity firm. The Permira funds, raised from pension funds and other institutions, make long-term investments in companies with the […]

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