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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

Lincoln’s Inn wins massive rate rebate

Chambers in Lincoln’s Inn are being paid tens of thousands of pounds each in rate rebates following a recent settlement which reduced rates by up to 50 per cent. After 168 appeals by the 26 chambers of Lincoln’s Inn over five years, of which 12 are outstanding, the Valuation Office Agency agreed to reduce rateable […]

Technology, media and telecoms

MoneyGuru Group is admitted to AIM with a placing of ordinary shares to raise £1.4m. MoneyGuru advised by Richards Butler (Philip Taylor). Broker Keith Bayley Rogers and nominated adviser Nabarro Wells represented by Hardwick Stallards. Vodafone Group completes £3.5bn global offering of shares, including a public offering in the US. Vodafone advised by Sullivan & […]

Vodafone

Another great telecoms deal for the London office of Cleary Gottlieb Steen & Hamilton, which also advised the underwriters on US law in BT’s record-breaking rights issue in the same week (The Lawyer, 14 May). This deal for Vodafone was the largest ever placement in the UK and the issuance was increased from initial estimates […]

News in brief

SJ Berwin has successfully represented Diageo in obtaining EU merger clearance for its joint acquisition with Pernod Ricard of the spirits and wines business of Seagram. The principal members of the SJ Berwin team were partners Stephen Kon and Simon Holmes, and assistants Matt Evans and Hugo Lindsay.

Five-partner finance team quits Sidley for E&Y DC firm

One of the leading structured finance teams in the US is leaving newly-merged Sidley Austin Brown & Wood to join Ernst & Young’s law firm McKee Nelson Ernst & Young. The team of five partners, believed to be the biggest structured finance team in the US outside New York, is the first to desert the […]

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