New York move beefs up Skadden’s London capital markets

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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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BLP fights drought with first order in 11 years

Berwin Leighton Paisner (BLP) has moved to help turn off taps across the South East with its water utilities practice securing the first drought order in 11 years. The firm, led by water sector practice group head John Hurdley, advised Sutton and East Surrey Water in the drought order application. BLP assisted the water utility […]

Macfarlanes finance star defects to Dubai’s Abraaj Capital

Macfarlanes debt finance star Tom Speechley is leaving the silver circle firm to join Dubai-based Abraaj Capital. Macfarlanes debt finance star Tom Speechley is leaving the silver circle firm to join Dubai-based Abraaj Capital. Speechley joined Macfarlanes in January 2004 from Norton Rose to kickstart a lender-facing leveraged buyout business. Partner Bronwen Jones arrived from Kirkland […]

No debt about it

Sharia-compliant sukuks have been attracting notice on the international financial markets, but a regulatory framework is essential if they are to realise their potential, says Roger Wedderburn-Day The rapid development of the sukuk, or Islamic trust certificate, market has garnered significant attention from the international financial world. Initiated in 2002 with the $600m (£323.9m) global […]

Freshfields conflict hands Links £702m CAT deal

Linklaters has scooped the lead advisory role on British pharmaceutical giant Astra Zeneca’s £702m offer for Cambridge Antibody Technology (CAT) after Freshfields Bruckhaus Deringer was conflicted out of the deal. Astra Zeneca instructed Linklaters instead of regular counsel Freshfields because the latter firm acted for Abbott Laboratories in its dispute, last year, with CAT over […]

A&O fudges lockstep to give banking stars extra points

Allen & Overy (A&O) has awarded star finance partners Tim Polglase and Robin Harvey extra points on its 15-year lockstep as it closes ranks following the departure of Stephen Gillespie to Kirkland & Ellis. The move is part of a scheme originally proposed by senior partner Guy Beringer in December, whereby the firm would reassess the lockstep […]

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